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Parabolic

Bitcoin soon ending parabolic movement?Are we perhaps looking at one of the greatest corrections in history? If this parabolic pattern carries out, we may be looking at a monstrous retracement of somewhere between 80% to 97%. We are far overdue on our correction, with both a bigger elliott wave soon closing out, with a smaller elliott wave within that wave, and now with the parabolic pattern on the outside. Give this two months and everyone will be screaming that they were correct about Bitcoin being a bubble, and that's when we buy - at ridiculously low prices. Time to get our own garage to store all our lambo's.
BITSTAMP:BTCUSDShort
by GudUtenTruser
11
Bitcoin: BTCUSD One Chart of most excellent parabola in historyBITCOIN:BTCUSD One Chart of the Parabolic Baby At the moment it's found support just above the supports shown on left hand chart and trying to fly higher - it needs to take out 7500 now to stay positive... if we see it falter and fail just above or just below 7500 then we have the first sign that a turn might be approaching fast...next sign would be a breaking below 7061 and a fall below the rising support line shown on left hand chart. Only at that point will the near term picture start to turn negative for Bitcoin. It should then fall back to the old highs around 6165 - to the rising support line shown on right hand chart at around this level - that would be the perfect entry point for those wishing to ride this tiger...time will tell.
BITSTAMP:BTCUSDLong
by sumastardon
1
Is Bitcoin (BTCUSD) about to go parabolic? (Circular Geometry)Is Bitcoin (BTCUSD) about to go parabolic and reach a new ATH of $6234.13 on 2017-07-07 on BitStamp. (Circular Geometry) When I centered a Fib. Arc on the low $42.58 of 2013-04-10 to the high $259.34 of 2013-04-08, the 4.236 Fib Circle circumference touches the 2013-11-30 high of $1163. I felt that this touch was no coincidence and must have significance, can this Fib. Arc ratio of 5.618 be used to project the high of Bitcoin´s 3rd parabolic move? Will this new ATH be unveiled by using a bit of (Circular Geometry). All calculations are done on candlestick data. See and think for yourself, let me know what you think or feel? Is this possible or completely insane in da membrane? One thing is for sure, in 66 days we will know. Injoy Om Sri Satoshi Ji Namah OM Sri Satoshi Mahadev! Jai! OM
BITSTAMP:BTCUSDLong
by FlippingABitCoin
40
$BTC - on log scales, fractal parabolic growth, & 50k BTCBoth of the major Bitcoin 'bubbles' we went through in 2013 showed parabolic growth when viewed on logarithmic scales. Most probably think we are in a bubble now, and surely we are, but how far into it are we? Was 4500 the ceiling? The big difference between 2013 and now—as you see here on this log-scaled chart of BTC's entire history—is that we have clearly not entered 'parabolic' territory on this scale. That doesn't mean we WILL—after all, we're in uncharted waters here. Who knows how BTC will act this go around, but if the pattern repeats, and we do go more parabolic from here... well, you see the price over there. Is that talk of $50000 per BTC possible, not ten years from now, but maybe... months from now?
BITSTAMP:BTCUSD
by trianglescrypto
1
Emerging Technology BTC // The Blow off phaseBTC // Most emerging technologies follow a specific pattern and parabolic curve until the curve is broken. The first curve was broken after the hack and a new one has formed since then. Now since BTC is the first Global reserve currency NOT dominated by a country Global reserve currencies since 1450 it is hard to estimate how far BTC will go until it breaks this curve. Most traders trade BTC like most other markets but it doesn't make sense to do such action. If you follow the intraday charts you will see the same pattern over and over again so why not follow it until it breaks the curve once more?
BITSTAMP:BTCUSDEducation
by FXRCAPITAL
1