Right now this fractal has been very accurate. I forecast a wick to $68 due to the bearishness from BitcoinXT fork and the division of the Bitcoin community on that regards. Also with the current economic turmoil globally, it seems Bitcoin lost it's value as a safe asset. Better buy gold than Bitcoin until the community gets it together.
Targets are on the charts...
This is an update to a previous chart published 3 months ago:
As you see on this chart (zoom out necessary), Bitcoin has a repetitive history with triple bottoms which entails a 4th touch of death when it touches a 4th time (red ribbon) . This happened at least 5 times in the past (see squares and red ribbon). Chances that this happens again now are extremely...