Bitcoin [BTC] - Update 15/04/2018

in #bitcoin7 years ago

I wonder if it means anything that a 'characteristic' completion of the bull flag pattern would put BTC just over 9K. I think it might be a bit too soon for such a strong recovery, but you never know. This is BTC after all.

It is not a prediction. I still favour the 'last oscillation' theory I mentioned earlier, but I do think this even more bullish scenario is getting more likely. We will know soon enough I guess. If we break over 8.250 for more than 1 4hr candle totally above it, I am positive. Below is the 30 min chart, bfx.

Bildschirmfoto 2018-04-15 um 17.26.49.png

This information is for educational purposes and is not a investment recommendation nor to be representative of professional expertise, but to be used as a forum for opening discussions around trading. All examples and analysis used are for illustration purposes only, and of the personal opinions of the author. All examples and analysis are intended for these purposes and should not be considered as specific investment advice. The risk of loss in trading in crypto currencies can be substantial. If you want to know what to do, you need to ask your mother. For predictions of the future, consult a psychic.


DQmWpisRXDF56mV3DgzzPUxb3R2ozseR48YVr2YKtwtrBcV.gif

Sort:  

Nice analysis! I think that once we get to the end of the price funnel the price will definitely pop. Have you thought about owning some Steem?

I'm definitely upvoting and following you!

Coin Marketplace

STEEM 0.24
TRX 0.25
JST 0.040
BTC 94242.56
ETH 3408.52
USDT 1.00
SBD 3.35