BTC Future Prediction 2018

I have posted about Bitcoin in the past and was always pretty accurate, same with Steem and SteemDollars so my Track Record has shown to be of Value.

I decided to take a break from posting about it for awhile for i knew some Market Hiccups were on its way. Decided to spend some time Gaming haha :D

I was one of the first on the Prediction of Bitcoin rising to Above 10K, Months Prior to it happening, and when it happened i managed to HIT the exact time frame.

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Now when people ask me how I did it i'm gonna be honest, Its Analysis but its also Emotion.
Those that say Emotion is not part of the Trading World, don't want you to make money.

Emotion is the Driving engine of Life, And yes even the Markets have a certain emotional range to it. albeit different it's still a form of emotion, which simply cannot be ignored.

So we have seen Bitcoin Go from $20,000 all the way to $10,000 by the end of last year and still seems to be following that same pattern. However! Big However the pattern is shortening.

But before we get to that I posted about a Potential Bitcoin Crash, And I still keep my bets on it, Bitcoin right now is still "The Leader" if you wanna call it that, but Bitcoin is slowly but certainly phasing out and this will be very evident in the coming years, because more and bigger Platforms will come into view. Keep your eyes on Virtual Reality as an example.

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Okay so back to Reality...

Bitcoin is showing and Overal Gain and Increase since July 2017 of about 230% So basing it on the Emotional Pattern of Bitcoin And seeing Bitcoin Increase atleast 230% every year sometimes even topping it on 500+% We are looking at Bitcoin reaching between $27,000 & $49,000 For a certain period before dropping back down and finding a point of balance in the market at about 20K-30K

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BITCOIN PATTERN

We see 3x The same pattern emerge but each phase is lasting shorter and shorter than the previous phase.

Let's call these:

• PURPLE PHASE
• YELLOW PHASE
• GREEN PHASE

The Purple Phase was an Extended/Elongated Pattern of Sellers Lasting the Longest of the three.

The Yellow Phase follows the same Pattern but fewer Sellers in the Market, and nearly more than 60% shorter than the Purple Phase.

The Green Phase The Last phase of Bitcoin as you can see is still ongoing but from previous patterns, we can calculate that each phase is about 50-60% shorter than the Previous Phases. Resulting in Bitcoin maybe dropping to about $7900-$7800 soon before making its way back up towards the $10,000 Mark.

So we now have established an Emotional Movement of Bitcoin over the last 5-6 Months.
Now, all we have to do is bring together the Support & Resistance of the market and see if it lines up.

As you can see on the Picture above Bitcoin is in a Stable Growth Pattern like it has been for many many years. It's no different this time around.

If we look at the following picture you can clearly see the Two Tracks of Bearish movement
The market has come back 5 times on the Support Line and shows an overall Bullish Market.

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SUPPORT & RESISTANCE

We are looking at the current Momentum the market is going towards which seems to be $7900 as was said previously, Its safe to say that once Bitcoin goes back to $9953 that it won't be long before we see 5 digits on the board again. Basing that on the current movement of the market we would be looking at $11,700 by June/August.

If my current Prediction stays emotionally stable with the extrapolated market structure we will be seeing Bitcoin above 30K potentially by Sept/Oct

Of course, any incoming News; major or small I cannot predict prior to its release and may affect the outcome of this current analysis of the Bitcoin Market.

Also Trade your Digital Currencies with caution, I'm not responsible for dumb mistakes in anyone's life, never listen to someone completely, always do your own research.