OK, so this is more of a note-to-self of what might be coming up with $BTC.
The idea consists of Parabolic Curve Theory applied to Bitcoins apparent 3 tier escalading price action. The simplified red wave displays
BTCS escalade and current 3-point touch of the curve as we now await a drop to $54K (CME gap fill) which would forcefully consist in the consolidation of base 3. PCT states that a stock price would double between bases 3 and 4, which would put price on the widely forecasted 100K level.
This could mean that the drop to 54K would need to happen from here to April 10th to resume its parabolic climb to base 4 and whatever extra that the momentum, as well as resistance to sell pressure might yield.
The idea consists of Parabolic Curve Theory applied to Bitcoins apparent 3 tier escalading price action. The simplified red wave displays
BTCS escalade and current 3-point touch of the curve as we now await a drop to $54K (CME gap fill) which would forcefully consist in the consolidation of base 3. PCT states that a stock price would double between bases 3 and 4, which would put price on the widely forecasted 100K level. This could mean that the drop to 54K would need to happen from here to April 10th to resume its parabolic climb to base 4 and whatever extra that the momentum, as well as resistance to sell pressure might yield.
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.