Hello guys,
Have another idea... I know, don`t tell me... my point is that we did not hit bottom yet and my targets are different I know but on this idea I tried to match approximate bottom time and an more accurate target price based on:
1. recent news( ETF denied) - it seems that SEC will reconsider ETF in 2019 February
3. bitcoin futures -2.21% - I believe that might be a pattern on CBOE -1.34% and CME futures , and made an indicator and tried to replicate the future, CBOE color is white and CME is blue, both showing 1 week before expiration.
2. 2014`s bear cycle - on a closer look BTC 0.35% might not drop for another year because market got much bigger and you can see how fast BTC 0.35% recover after each drop, but 1 year of bear market is still on table and so far we did not lose volatility yet... so based on this thought and other two reasons I made this chart.
This is a probability, it dosen`t mean that this will happen, make your own analyse and please share thoughts here.
Have another idea... I know, don`t tell me... my point is that we did not hit bottom yet and my targets are different I know but on this idea I tried to match approximate bottom time and an more accurate target price based on:
1. recent news( ETF denied) - it seems that SEC will reconsider ETF in 2019 February
3. bitcoin futures -2.21% - I believe that might be a pattern on CBOE -1.34% and CME futures , and made an indicator and tried to replicate the future, CBOE color is white and CME is blue, both showing 1 week before expiration.
2. 2014`s bear cycle - on a closer look BTC 0.35% might not drop for another year because market got much bigger and you can see how fast BTC 0.35% recover after each drop, but 1 year of bear market is still on table and so far we did not lose volatility yet... so based on this thought and other two reasons I made this chart.
This is a probability, it dosen`t mean that this will happen, make your own analyse and please share thoughts here.
Nota
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.