Short

BTC bubble mania, pop scenario

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Mania Phase is done. Blow Off Phase has begun. Bull Trap, Return to "normal" could see 16k before crash to under 2k.

Note

Just for the record, I drew the lines on this very quickly and it's based on a broad theory of economic bubbles so my price targets can be taken with a wide degree of margin. If you overlayed some better technicals you'd get more reliable targets.

Note

Credits: en.m.wikipedia.org/wiki/Jean-Paul_Rodrigue

joelsmalley

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