Almost a year ago I posted my "Amazing chart" and it's All time MEGA uptrend curve. It still perfectly glides by it. Well, almost perfect, if we do not count Covid break, but it is back perfectly sitting on top longest curve following it from the beginning of btc price counting. You can see my previous chart in related ideas link. What do you think? How long is...
This is an amazing logarithmic chart showing the similarity of 2012, 2016 and 2019. Price perfectly touches parabolic line possibly repeating its voyage to new all-time highs in a year from now. What do you say? Is it possible in the next two months to touch that green parabolic line again and then fly to 20K in 10-12 months?
ATH resistance trend line can be easily broken in 2020. Question is when and how high it will go after that breach. But first we need to have a look at shorter time frame and maybe to expect some dump before breach
Possible downfall situation following green or violet lines creating head and shoulders pattern.
Just take a look at the graph and you can see it's similarities. This time it is shorter timeframe and bigger scale. From the July 2017 bottom of $1900 to November 2017 about $6500 marked with an arrow and now the bottom has doubled in March 2019 from $3800 and the current price is almost $12000 which could be almost double as from the November 2017. And according...
Just look at last ATH and 28 November 2017 quick climb and even quicker correction drop of $2000 or 25%. Today we have a faster and higher climb and bigger correction of more than $3500 but in percentage, it is again 25% as was previous but with bigger volume.. So from this data I came to conclusion that we can expect new ATH within a next few weeks and based on...