Bitcoin arrived at a key intersection of multiple indicators
If Bitcoin is able to break-out upwards this intersection of resistance, it would be a signal that we will be going higher
in the short-term, possibly re-test the 10k resistance level.
In general Bitcoin is still quite bearish, and the bigger picture is we are still in a downtrend.
There's a lot of...
This prediction is based on a comparison with the dotcom bubble.
I wanted to compare the price development of Bitcoin with that of a previous bubble, namely the dotcom one.
I extrapolated the data to infer (an unknown) from something that is known
The percentages are taken from the rise and fall of the nasdaq chart, and I applied them to the bitcoin...