Bitcoin 100% rebound since Nov 18th 2018

By roosgart
Updated
BTC price dropped 100% in price from Nov 12th to Dec 12th 2018

Since then it has been rising slowly in price

It might take 140-150 days to recover or surpass the 6400 price level

Do I think it was a random drop of 100% followed by a 100% rebound? Don't think so.

FOMO is on the air

Bitcoin may cross this historical price very soon, 6400, and then we expect a pullback.

Thanks for the likes, and good luck in your trading
Trade active
Bitcoin may touch $7000 before a pullback, that level has a major resistance, the 200 Moving Average (Pink line): snapshot
Trade active
Bitcoin moving up as predicted snapshot
Comment
Bitcoin touching 7000 as predicted
Trade closed: target reached
Closing long position here. Bitcoin reached 7500 and now a short pullback is due. Notice that the price reached the 200 EMA which acted as a resistance: snapshot
Bitcoin (Cryptocurrency)BTCUSDChart PatternsTechnical IndicatorsTrend Analysis
roosgart

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