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Kelly_John
Sep 13, 2017 4:52 AM

Bitcoin prediction and observations 

Bitcoin / TetherBittrex

Description

These are the scribblings of my ideas and analyses. By finding patterns from previous selloffs and pinpointing where the indicators indicate things should happen, I laid out my vision of Bitcoin's path. These are my thoughts.

How do you interpret Bitcoin's chart?

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Bitcoin dropped to the median line sooner than expected. News from China has made the market less predictable, but even during panic selling, charts follow patterns. If the median line does not hold, there is strong support at the 61.8% retracement (3000).
Comments
CovidScamIsAnIQTest
Most likely we are going to 3000 level.
Kelly_John
@sifeij, I believe that is very likely.
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