$BTC Parabolic Trendline
Diupdate
What a rally this has been for #Bitcoin! I have been keeping an eye on the parabolic trendline and will continue to do so... That being said, I confirmed break of this parabolic trendline will project an ~80% decline from the swing high of this rally. I still believe 
BTC has some juice left in the tank (~15k) before we re-test this trendline for support...
IF we get up to 15k and IF a confirmed break of this parabolic structure I am projecting a double bottom at ~3k... This is hypothetical and only my opinion.
BTC has some juice left in the tank (~15k) before we re-test this trendline for support...IF we get up to 15k and IF a confirmed break of this parabolic structure I am projecting a double bottom at ~3k... This is hypothetical and only my opinion.
Catatan
Bitcoin did not make it up to 15k but we have broken the parabolic trendline... Based on my analysis, I'm projecting a double bottom formation at ~3k... IF we do get back down to 3k I believe we will go slightly below it $2500-$2800 in a capitulation wick and then quickly bounce back up.
Catatan
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.