Update to BTC Out of the Bubble

31 juil. 2018

Just a small tweak based on the ETF-related pump over the past month overshooting the original target of 8k slightly. Other than the slight overshoot, the pattern analysis has generally held true from July 9 (6700 level - predicting the dump to 6100 and the pump to 8k+ and the collapse back below the trend line).

The plan from here is a retest of 8k as resistance (as 8k has not yet functioned as resistance - 7800 was the only meaningful resistance on the way up) followed by a long road down to the key September 1, 2017 resistance level of 5k.

11 oct. 2018

Note

11 déc. 2018

Note

the apparent busting through the top of the triangle is eliminated by using a log chart. This has been done in the update.

11 déc. 2018

Note

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<p><a href="tradingview.com/chart/BTCUSD/Hducie3o-BTC-out-of-the-Bubble-Part-III/">BTC out of the Bubble Part III</a> by <a href="tradingview.com/u/DavidNeiderauer/">DavidNeiderauer</a> on <a href="tradingview.com/">TradingView.com</a></p>
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11 déc. 2018

Note