BitcoinShort
DEC 2013 Bubble #3
If this December 2013 bubble behaves anything like the previous two, this is what we should expect:
- Daily MA-55 need to top out, then bottom out
- One last drop to 565
- Then we exit the bubble and head out to future prices, what ever they might be
Please see the first and second bubble charts, illustrating exactly the same behaviour:
AUG 2012: tradingview.com/v/A1O6KIrH/
APRIL 2013: tradingview.com/v/aL1oJRYO/
- Daily MA-55 need to top out, then bottom out
- One last drop to 565
- Then we exit the bubble and head out to future prices, what ever they might be
Please see the first and second bubble charts, illustrating exactly the same behaviour:
AUG 2012: tradingview.com/v/A1O6KIrH/
APRIL 2013: tradingview.com/v/aL1oJRYO/
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.