Please Help Me to Understand (BTCUSD Weekly Chart)!

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I don't see the logic; if you have the ability to see into the near future, please tell me exactly what factor will today allow bitcoin to ignore trend analysis and moon.


good job
Bias after stacking so many coins can be huge.
Bitcoin will almost positively drop significantly before it runs to a new all time high. And even with a significant drop it will still be within it's normal growth cycle. I expect a big drop today.
ThrivingProject obsidian791
@obsidian791, that would be impressive you're right! Good analysis, I also expect a significant reduction in price, like $5k. After that, it's free to move in whichever direction that people want it to move in, and a new high would be very fun to trade :D
obsidian791 ThrivingProject
@ThrivingProject, If we don't have a drop today, I can see it potentially returning to test $9,800 and then dropping from there. Keep an eye on it... Things can change extremely fast. Nothing is ever set in stone.
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