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bitzoo
May 29, 2018 12:57 PM
BTC Bubble Chart
Short
BITFINEX:BTCUSD
1W
Bitcoin / Dollar
Bitfinex
Description
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May 29, 2018 12:57 PM
This chart is just for fun. Unless you are a Bull of course.
I have applied the stages of a bubble from here:
transportgeography.org/?page_id=9035
- This is a worst case scenario for BTC.
I used fibs from the bottom at $162 to the top of the bull run at $19,900 to work out rough prices for the stages.
Fibonacci
bubble
Bitcoin (Cryptocurrency)
bitcoincrash
bottom
ded
Comments
ronfkingswanson
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Nov 26, 2018 11:25 PM
still looking good ;)
ronfkingswanson
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Jun 15, 2018 9:05 AM
plausible
s3.amazonaws.com/tradingview/snapshots/w/w05dOVOU.png
bitzoo
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Jun 15, 2018 9:12 AM
@ronfkingswanson
, Nice chart! I to am waiting to see what happens at a potential pullback to the 7XXX area to see if the pro bears come back in. A pullback there would hit an important fib and also a cross over of 20/50 week MAs
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