Bitcoin - What Next? $8k (Silver) or $17k (Gold)?
JAN 17, 2018: Gold vs Silver vs Bitcoin Parabolic Pattern
If the Gold Pattern is the primary one, then we could see a bounce up from $10k to the previous lower high @ 17k.
The Silver Pattern expects a drop into the 8k area, for a bounce up to 13k.
For a more detailed analysis of the Silver Parabolic Pattern, then please check out this post on the homepage: Bitcoin 10k or 18k? http://tripstrading.com/2018/01/14/bitcoin-10k-or-18k-what-will-come-first/
I think it will goes down and then start pumping.....
I do not really grasp some of these graphs... or the caculations of prediction. It seems as if its all pretty predictable though.
Thanks for your analysis, @patterntrader
Here is my idea about the close future of Bitcoin:
Seems like a plan coming together (so far). How low do you target it?
Lower than $8000. Maybe $6000, but the most important for me is to understand if there is an impulse or correction between the bottom (c) and ( x) the ideas is explained better in the
post.
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nobody wants to see 8k but i think it needs to happen. but it will be back bitcoin always come back. Kinda like herpes, but nice herpes that brings you flowers and candy,,
when will the herpes bubble pop?
Not only Bitcoin, whole crypto market is very volatile. I think its will take next 5-7 years to become stabilized.
I think your right 17k is def coming, Hobo Jack
I'm very bullishly optimistic about the future for crypto, I'm exited to see where the market is going.
This is the biggest load of nonsense analysis I have ever seen. lol There are plenty of proven technical analysis methods out there, why try to re-invent the wheel?
Good