myles.cameron

From one ATH to another $6600-6800 early November

Long
myles.cameron Updated   
BITSTAMP:BTCUSD   Bitcoin
This idea is based off the previous growth and decline rates seen in the repeating pattern of bitcoin. The segwit2x fork will likely increase the growth rate pattern seeing the ATH before the fork and symbolising the start of the next pattern. We can see a 25% increase in pattern rates which is in line with the growth we have seen.
Comment:
Due to current sentiment we could see a less volatile consolidation with a steady value for the next 1-2 weeks
Comment:
Note that the last 9 is in the wrong place should be further up the incline.
Comment:
Looks like we will bounce off 5000, still predict a bounce in the next week

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