I looked at the RSI of previous year around the month november and december. And there is a pattern seen. Expectations:
- Drop 4-6 days (till 1-2 december) - Little uptrend (till mid december) - Big drop end december with a rise begin 2018.
Please notice, this is what I think. I am not responsible for your financial advisory. I hope you can see other analysis and find similarities, this will guarantee you a better decision.
Komen
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Please look also to the pattern I draw around november 2016. ZOOM OUT!
Komen
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Bullish trend is still going on. My expectation was a little correction, little uptrend and a big drop at the end of december. My first expectation seems not to occur. But will a big correction take place? We have to see! For now we see a normal pattern of a bullish trend. The little pull back 29 november is confirming this.
Komen
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Target reached? My prediction in fluctuations wasn't right. But the essential of this idea was all about the RSI levels. I think this is a great moment to buy bitcoin, which I indicated at the beginning of the month. The big drop happend! And I am happy with the prediction. Now we have to wait for reversal, which will be at the end of december.
Komen
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I expect a little rise from now. A good presented idea is made by Mkhaytman