Based on measured move and fib levels, possible targets this bullrun for Bitcoin
BTC seems to be braking out its long ranging bullflarg here anytime soon.
The bitcoin bull run has started after 8 month of re-accumulation, we finally start to break out the bull flag. Here some of the most important levels that could have significance in finding a top.
Keeping it simple here. Given the current market conditions, it could play out in a h&S pattern with a target of around 15 bucks. What do you think?
Looks pretty scary from this perspective. Quick look at the fib retracement, some easy and clear zones of interest start to move in perspective. Pretty much a no-brainer. Maybe even too obvous?
Updated idea, let's see what happens. Bitcoin is looking strong currently, with a nice green hammer on the weekly.
Just an update of my original idea posted early jan 2020.
Here a possible bearish outlook on Bitcoin. If we loose 30k lower targets will be likely.
Looks like EUR/CHF will continue is move to parity and beyond.
Looks like BTC took a dump excatly 371 days after each halving.
Looks like we are creating a big M pattern
Fractal looks very similar to Aug / Sept 2017
eth is shaping up to a historic run.
Drawn this shape a while back. I thought i publish the idea :-)
I created this chart a while back. perhaps it will have some validity for the future as there is no previous market structure at this point and time. Perhaps we re-play the 2013-2014 double bubble. - the purple box is the next halving period.