From a monthly log chart, the exponential curve shows a high of 40K by March of next year. This incredible bull run we're having is the beginning of the .236 fib that will take us into the vertical rise in the upcoming months!
Patterns tend to fractal, there is a possible H&S forming on a 4 hour chart. Bearish signs with volume under 7K on coinbase.
Tops from 1200 have never been tested. China FUD doesnt seem to be going away and with diminishing volume we could potentially see a massive correction before the 2X drama coming in NOV.
A falling wedge on strong support at 3800 meeting at gann line point sometime around 9-24 ~ 9-25. Expect break out towards the upside.
Possibly a cup and handle forming on the 1 hours across all $BTC charts.
I had put out a previous post following an article of a potential 50% correction but the market seems very bullish and this correction is forming an ABC pattern very high up. Originally I thought it would bounce at 3400 but now I see 3400 as the low. Will buy in there and monitor for any downward moves. If so, then sell and wait for buy in around 2800. If...
From Goldman Sachs analysis of 5th wave. She said once its under 2935 we will know the top is in place.
Do you remember when $BTC hit 3K? Any parabolic move comes with a nasty correction/crash. I see this testing the trusty support near the 3250's in a few days.
On the 4 hour chart Im seeing a bull gartley forming. This could take a few days to play out but we should see some massive moves to the upside after.