cryptonoom

BTCUSD - seeing patterns: ATH -> ATH -> drop

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Last three major retracements (30-40%) all occurred after two all time highs, with a 10% rise from first all time high to second all time high. My guess is we'll see the pattern repeating. BTC is currently in the progress of making its second all time high. I think BTC will go to around $6500 and then make a 30-40% retracement.

Comments

I think we are due a major correction yes, this looks very possible!
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cryptonoom heidenhaine
@heidenhaine, thanks for your reply!
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