The comparison between the BTC parabolic breakdown of the 2017 rally has a very similar pattern to the current BTC parabolic breakdown...
IF Bitcoin continues to follow the same pattern, BTC is likely to have a pretty significant sell off within a day or two followed by a quick rally back to test the previous broken support areas... I will continue to monitor this and update!
IF Bitcoin continues to follow the same pattern, BTC is likely to have a pretty significant sell off within a day or two followed by a quick rally back to test the previous broken support areas... I will continue to monitor this and update!
Note
Note
I've updated my analysis by using the same timeframe (4H). Please follow this link! :) 
Note
Bitcoin is still on track to follow the 17' fractal. A little more sideways movement before a big drop! My first target is $8.8k-$9k
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.