AliFrotanpour

AliFrotanpour Updated 

Hi There, See my prediction for the Bitcoin.

AliFrotanpour Updated 

A bearish divergence is happened in 1 hr chart. Price can fall into 6900 support region. It is an opportunity for long position.

AliFrotanpour

Rsi is reaching to oversold zone 27-30. Long position in a panic sell off toward 5000-6000. Target is ~8000

AliFrotanpour Updated 

The market is highly overbought in monthly chart. There could be a few months of bearish. Target is 4k-5K.

AliFrotanpour

Price bounce back from 0.6 fib and broke resistance line. Targets are fib extentions.

AliFrotanpour

Upon breaking the channel reversal is very possible. RSI and MACD confirm reversal upon breaking trend-line. Other than that targets are 19k and 21k

AliFrotanpour

If not banned by government because of criminal activity risk If not to lose to another coin since has some issues like, small size block or high. I was thinking about Edison and Hertz story of DC and AC electricity. Bitcoin can be like DC and lose finally. I believe it loses and I wish I knew to which coin!!

AliFrotanpour

Comparing fib levels of previous corrections, sounds like there is still room to touch 0.5-0.6 level!