peakindicator

BTC going back to 6000 soon! (Big Picture!)

peakindicator Updated   
BITFINEX:BTCUSD   Bitcoin
You notice when the peak and support lines intersect, there is a dip immediately before! Just my weird TA, LMK what you think!
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This is my first post! Please thumbs up if you agree!
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Next buy target 7500-ish range, expecting significant bounce up if this 7500 holds. Not expecting to go lower than 7500 unless we see 8800 first. Will update with new chart if I receive more than 40 likes!
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8800 reached, as i predicted, and is acting as a heavy resistance. Not sure if we will get all the back to 6k, as many likeminded traders are still waiting for a buy opportunity with proper risk vs reward. One thing is clear the downtrend cycle must complete. Buy target zone still set 7500 - 6000. Pls give thumbs up if you find this useful :)
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Who farted in here?
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