An idea for BTC long term, with parabolic curves. Note that historically there was a 80% retrace, before entering a bull market again.
This is an update to the previous publish on Bitcoin/USD. BTC/USD to go to ~100k in ~18days. Using parabolic curve and Ace Spectrum indicator. Its very close to the previous prediction, where the previous didn't hit the target on time. Now the parabolic curves are adjusted to the latest data.
Based on technical analysis , Bitcoin shows a potential to go long with a target of 55k USD, before consolidation. The rising wedge has a potential for shorting, here are targets. See the link for the related target to 103k.
Based on technical analysis , Bitcoin shows a potential to go long with a target of 63k USD, after reaching previous mentioned target of 55k.
Based on technical analysis, Bitcoin shows a potential to short to the 43k or 41k USD area.
Prediction of Bitcoin/USD to go to 103k in ~30days. Using parabolic curve and Ace Spectrum indicator.