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Bitcoindolar

bitcoin set to resume the UP trend On the chart of BTCUSD, we have been able to successfully recognize a zig zag corrective wave structure labeled (A) (B) and (C). Then price followed an impulse which indicates the begin of the resumption and we count it as wave(i) of the bullish trend then we noticed a correction which we counted as wave (ii) we expect a breakout of the wave (i) high will open more room to the upside, Our minimum target is around 12500 price regon, with the invalidation level set below wave (ii)
BITFINEX:BTCUSDLong
by ABDOLLAR_FX
8
Bitcoin/USD - We've Been Here BeforeThis is a monthly logarithmic chart of Bitcoin going back to April, 2014. If you look at the run up in 2014, there was a similar skyrocket up near the end of 2014, which the bubble ultimately burst bottomed out around the 0.78 Fib line. Looking at 2017, using the same time frame (around a 5 month run up), we can see that if chart patterns mean anything and history repeats itself, if Bitcoin bottoms out near the 0.78 Fib line again using 2017 numbers, it would need to fall all the way to $6,000 before continuing up again.
BITFINEX:BTCUSDShort
by Trader9898
2