JoeBu

JoeBu

Bitcoin price at the time of the last halving was ~50% of the 2013 top - I am calling for ~$10K BTC at the 3. halving in 13. months.

JoeBu

The vertical line acts as a mirror. No serious TA - just a study.

JoeBu

Latest version including the MT Gox Trustee market sells.

JoeBu

There also is a lower time frame Inverted Head & Shoulders pattern playing out at the moment, but it is too small to draw on the 3D chart.

JoeBu

On this log scale BTC/USD chart I marked each time the BB%B indicator crossed it's EMA 13 to find bottoms. This chart indicates the recent consolidation might soon be over and BTC will go back to Bull mode.

JoeBu

If this is another bull flag and the Bitcoin bull is not dead yet, the BB %B EMA crossing suggests an interesting buying signal. Also note: BBW is identical to the last 3 bottoms.

JoeBu

According to this Bollinger Bands fractal, there is a good chance BTC will keep on going up.

JoeBu

If this up side down fractal plays out, a continuation of the bull market will happen next.

JoeBu

Update on my Supply / Demand Shock Chart. Once the neckline of the Inverted Head & Shoulders pattern around $800 breaks, it is on.

JoeBu

Once again daily Bollinger Bands are super tight. Price prediction based on expanding Bollinger Band With.

JoeBu

If this fractal plays out, price will test $750 next.

JoeBu

In this updated version I included all government auctions.

JoeBu

Bitcoin recently broke out of a H&S pattern. This happened right before the 2. Halving and the 3. major supply shock in Bitcoin's history. I expect more fireworks.

JoeBu

The last time EMAs were nicely stacked like now was October 2013 right before the last bull run up to $1200.

JoeBu

You can see how the blue vertical line acts as a mirror to predict future price movement.

JoeBu

At all four fractals you can see how the blue vertical line acts as the "mirror" to predict future price movement.

JoeBu

If this plays out as the last three fractals, Bitcoin price will bounce in the yellow box for a few days or even weeks. If it breaks the upper trend line, new all time highs are in sight.