Bitcoin price combined analysis prediction
We finaly powered through the 5k.
Now i looked at the pattern when we went from 1300USD to 3000USD
and from 3000USD to 5000USD. The pattern looks quiet similar.
I draw all the lines in the picture.
We will get a top off around 7.5k and build a perfect buypoint at 5k right befor christmas.
When we get through this little bear market we are ready to break 10k in the beginning of 2018.
Tone Vays numerical indicator still got 6-7 more weeks of upside.
Clif High`s webbot was telling about a jitter around 6888USD which is the orange line.
This would fit all perfect.
We will see.
Good luck buying the dips and HODL.
You got my 2 cents. 👍
Following and Upvoted!
Here is my Elliott Waves take (fat lines and letters my addition):
Okay we will see who is more right. But your case looks more scary. And 1800USD is not real support. 5k will be support. I dont know about elliot waves i have to admit but i always thought its maybe good for small markets. But bitcoin got bigger now. My drawings look more friendly for new people who start buying now. All traders who take profits in november will support the 5k i hope.
Even if i would sell all at 7k (what i dont maybe 10%) i would go all in at 5k. because i dont expect the value to go down more in this short timeframe.
upvoted and commented
i cant change the first tag. that sucks :-)
blockchain dont forgives me that mistake...
Welcome to my steemit. Please Follow and Vote me--https://steemit.com/@ovronil
Good article yesterday i bought some BTC and now i am w8ing the price to go pass 6000$ i am going to trun it in steem.Thanks for your artical i will follow your blog.
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