A #Bitcoin Monstrosity in the making
Updated
This is a very long-term TA in terms of bitcoin. Have seen this discussed here and there and just wanted to make one public so 18 months from now I can come back and see how lucky I was. The handle was about a 50% retrace against the bottom of the Cup but I don't believe that voids it.
If there is a moon that we are in fact headed towards, the last top was base camp, the handle was a little vacation and the cup & handle completion is the ultimate top of a giant mountain - measured in this here chart.
A step in the right direction would be a few green closes of the weekly candle then can go forward from there.
Now this is I'd like to think, is a cool idea.
Bitcoin in 2018 = 17,000CNY or $2460
If there is a moon that we are in fact headed towards, the last top was base camp, the handle was a little vacation and the cup & handle completion is the ultimate top of a giant mountain - measured in this here chart.
A step in the right direction would be a few green closes of the weekly candle then can go forward from there.
Now this is I'd like to think, is a cool idea.
Bitcoin in 2018 = 17,000CNY or $2460
Note
Although the CNY market has been much debunked for its fake volume, all the markets are currently in an amazing bull rally I've never experienced before and the 17000 CNY for 1 BTC level seems kinda plausible. Stay tooned folks. HODL!Note
Targets inbound.
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