I believe that bitcoin is nearing the end of a 82 day cycle and is due for a major correction very soon. My price target will be at 5k which is the previous top (point 1) and a 61.8% retracement of point 2 to point 5.
*point 2 to point 1
consolidating triangle on 1h timeframe, I'd be weary if it breaks on the upside
Break triangle on downside, watch this space
Dagangan ditutup: hentian tercapai:
I don't think its coming down anymore, bulls too strong
the relatively sharp 'V' from 7-16 Nov 2017 and the fact that this V helped it to make a new high .. i think it increases the probability that retrace down can only happen till say 7000-7500 area before continuing the rally to possibly reach next peak? comments welcome.
Laman web ini menggunakan kuki untuk memastikan anda mendapat pengalaman terbaik di laman web kami. Untuk mengetahui lebih lanjut tentang cookie, termasuk cara menguruskan cookie, sila baca Polisi kuki kami..