anibals

anibals Updated 

Bitcoin seems to move exponentially, but I think it is following a succession of fibonacci whose graph is similar in terms of growth. The numbers like 1000, 2000, 3000, 5000, seem to be more important than 4000 and 6000 because they are part of the succession and reflect part of our nature. That's why I believe that the psychological barrier of 6000 will not be a...

anibals

If we break 5700 and 5800 it would be a bullish confirmation (7500 - 8000 target in log scale). If we go down and break 5500 and 5400 we could see a bearish situation (target: 5000). Remember that this analysis is in the short term and those movements must be strong in order to make any trade. I think the hardfork is still acting positively on the bitcoin price.

anibals

I think we are going sideways (healthy consolidation), if we break 4850 and 4900 it would be a bullish confirmation. If we go down and break 4750 and 4700 we could see a bearish situation. Remember that this analysis is in the short term and those movements must be strong in order to make any trade. Personally I think the hardfork is already acting positively on...