----This is the year 2019, Bitcoin has seen a major bull run from $0 to $20,000 in 8 years.
11-'12: 48 Weeks uptrend
2012: 22 weeks downtrend (-93%)
'12-'13: 72 weeks uptrend
2013: 12 weeks downtrend (-80%)
2013: 20 weeks uptrend
'13-'14: 58 weeks downtrend (-86%)
'15-'17: 152 weeks uptrend
2018: 51 weeks downtrend (-84%)
---- Now...
A Possible Double Top formation (A Bearish foramation).
Could mean a quick pullback to $8,000 to $9,000 Range (previous support and resistance level).
Moving Average Indicator is about to cross (more sellers than buyer).
RSI show Bitcoin is over...
We should see a pullback after hitting the $10,000 mark. Almost after all price surge, it will follow back a pullback.
The price should pull back around the $6,000 support zone before the next rally.
The RSI indicator also shows Bitcoin is over brought so we should see a sell-off.
