According to Market Cycle theory, we should be at the stage of disbelief. If that is correct, we can assume that next huge bullrun is starting to ramp up and it is our last chance to get aboard in to the btc hypetrain!
By playing with earlier "hyperbolic growth timeline" we should see new ath soon enough and fib 2.168 around january 2020. The big correction from fib 1.618 to fib 1 is just an assumption. Massive amount of people did get utterly destroyed when btc hype peaked in Dec '17 so i would expect these levels to have some huge manipulation by whales.
Buying every dip from now on.
By playing with earlier "hyperbolic growth timeline" we should see new ath soon enough and fib 2.168 around january 2020. The big correction from fib 1.618 to fib 1 is just an assumption. Massive amount of people did get utterly destroyed when btc hype peaked in Dec '17 so i would expect these levels to have some huge manipulation by whales.
Buying every dip from now on.
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Closer look of some possible buying zones. Buy in the green zones.
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Breaking out of triangle, fighting 10k resistance.
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Touching 0.768 fib. Expecting some retrace.
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Touching 0.618 fib now. Expecting some sideways movement and drop to 0.5fib.
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Touching fib 0.5. Also reaching the smaller descending triangle. Expecting bounce to 0.786 fib. Might aswell break to 0.236 fib.
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Nice push today. Expecting more upward movement to 0.786fib lvl which is aroud 11400-11700d.
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Eyeing that lower dotted trendline. According to starting post we should see some bullish movement soon enough.
Eyeing that lower dotted trendline. According to starting post we should see some bullish movement soon enough.
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Moving in the support zone. Time to buy again.
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Nice bounce. Let's see if we can catch the curve.