BTCUSD 8h: Let's ride the next wave. bubble bursts end of 2017.

20 juil. 2017

Many believes that BTC still falls to 1,800 USD or 900 USD. In my opinion the consolidation is finished. I see a falling wedge pattern. Let's look at BTC and the upcoming changes. it could now starting the next wave. 0 to I-1 to II-2 (the first wave) we have left behind us. The next wave (III-3) wakes up. 3,500 or 3,600 USD are possible. At the end of the year we could see the top at V-5 (4,500 USD). For 2018 I expect a longer-term downtrend. In my opinion not yet. All other cryptos will follow.

Let's see what happens. Happy trading. :-)

To compare:

1. Analysis - June 5

https://www.tradingview.com/chart/XBTUSD/bwnGXsWU-BTCUSD-1D-Second-half-of-the-year-Step-to-4-000-5-000-USD/

2. Analysis (Update) - June 18

https://www.tradingview.com/chart/XBTUSD/pSNB6VYz-BTCUSD-1D-Overall-view-forecast-2017-5-000-USD-possible/

3. Analysis - July 14

https://www.tradingview.com/chart/XBTUSD/ISDZHiXl-BTCUSD-8h-Situation-more-clarified-Overall-view-Forecast-2017/

23 juil. 2017

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See also:
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5 août 2017

Note

do not forget this chart. top of wave III in sight. ...

8 août 2017

Note

we are going to reach top of wave III. be watchfull.