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Bitcoin

[MAP] BTCUSD 2018

Oleh Nidalas
Diupdate
Follow up of my very long term analysis, but cleaner. The purpose of my [Map] series is to keep some perspective of landmark zones before starting any shorter term analysis



Previous analysis :
BTCUSD, very long term view
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Important zone

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Update on the previous idea :
First reversal zone looks like it failed (80% chance)
Looking at the next (red circles)

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Third touch of the trendline
Important zone, once again

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Bear market continues for now
I'm still not investing longterm holdings (except in VERY high potential alts) until 7800-8100 zone is broken to the upside, or we go below 4800$

Stay frosty
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Target zones are still big for now. Precise target depends on the momentum we have when we reach them. Those key points will require short and medium term analysis once we approach them

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Wave 4 soon done
Capitulation at last.

Bitcoin will soon be a good longterm buy

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Bitcoin (Cryptocurrency)BTCUSDChart PatternsTrend AnalysisWave Analysis
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