BTC Parabolic Move
Bitcoin has been increasing at an exponential rate all year. Has one more increase in magnitude before topping around Oct 9 @ 10k.
Expect a massive correction and bear market to kick in after high around Oct 9.
Chart is logarithmic so those increase in bull trend angles are actually parabolic, if it picks up the new angle the move will be massive.
Expect a massive correction and bear market to kick in after high around Oct 9.
Chart is logarithmic so those increase in bull trend angles are actually parabolic, if it picks up the new angle the move will be massive.
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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.