Bitcoin in the top ? Be careful !steemCreated with Sketch.

in #bitcoin • 7 years ago

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This is daily chart and it shows the previous Bitcoin bubble and the current one !

These Fib lines are based on the previous wave in 2013, And if this is correct ... Bitcoin won't pass 4715 $ utill it crash again .

However .. It's almost impossible to predict in this market , But everybody does his TA

Even if this wasn't the top .. Bitcoin must correct its price because it's way far from MA, Be careful ! Good luck for all

#bubble #btc #crash
7 years ago in #bitcoin by
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     7 years ago 

    damn

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     7 years ago 

    It´s not a stock, it´s not a classical asset, it´s deflational, the market is extremly dynamic. All reasons that classical chart analysis can fail here. Have the previous movements been predicted by TA? Any?

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       7 years ago (edited)

      Well i saw people were shouting out " Bitcoin bubble " Since it reached 2950 $ because it was overbought, And that was real and it crashed to 1800 $ , But it went for another ATH and it's overbought again but no one knows what the next bottom is , Thanks for sharing your thoughts .

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