BTC similarities with 2017 PA

Updated

#BTC overlap with July 2017 4H fractal. If this time is not different, then we see 34K first then 24K next.
Included are key areas around 50K and 60K.
This is not financial advice. Manage your risk carefully. And please don't front run it.

Note

Breaking 35K with good volume will invalidate this projection.
Let's watch for 35K by the end of this week.

Note

Invalidated!
BTCUSD broke 35K today (thanks to Elon Musk adding #bitcoin in his profile).
And expiry of CME contracts too.
#BTC should hold above 35K from here.

Note

Wait a moment. If Elon candles are removed form the current BTCUSD chart, this thesis is still valid. Let's see this in February.

Note

Finally invalidated!
BTCUSD has strong bullish momentum.
Corrections will be not that deep anymore.

FortuneReBirth

Also on:

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.