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Bitcoin
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BITCOIN to SILVER analog

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Here is a representation of BTC to SILVER analog of first SILVER bubble.
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Going "good" so far. 4222 hit. When we go above $6500 we will have another bull run. I dont expect it before May 2019.

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Chart update. BTC is missing the blow off top so I excluded it from SILVER for more precision. I hope this pattern holds since it is quite nice. Time is relative, so when BTC crosses above 6k I will have a timeline for the new top.

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If #bitcoin still follows a #silver fractal BTCUSD should drop one more time. BTC should have a bottom at 3600 and a possible spike to 3200.

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We could be 1 month early in progression. If we retrace to around 4600 or under 5k for a retest we are still holding this pattern.


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apeliquidation
Also on:
Bitcoin (Cryptocurrency)BTCUSDSilverTrend Analysis

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Bitcoin (Cryptocurrency)BTCUSDSilverTrend Analysis
apeliquidation
Also on:

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.