Bitcoin - a forecast based on averages

By UnknownUnicorn897809

Updated

This is merely a forecast of the BTC price, based on time and percentage gain and loss of previous "waves". Should we have another "average" wave, this is what things could look like.

Note

Targets:

Top @ ~16k, 10-15 Jan 2018

Note

I have found this sort of time/average based TA to be quite useful in the past, see here:

Note

Bitcoin - Possible bounce @ 6000 psychological support

Note

There you go, target met

snapshot

Trade closed: target reached

Note

Wow

UnknownUnicorn897809

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.