derfred

derfred

It looks like the Bitcoin price is growing exponentially. But it can't do so forever, sooner or later finite scale effects will kick in. Actually, they already have. Looking at the 2013 bubble, we can estimate the low for this bubble (around 4.4k) and where the next trendline will form: From the high in 2013 it took 13 months for the price to cross the previous...

derfred

expect a resumption of the down trend

derfred

both macd and stoch rsi look very similar to about 24h ago

derfred

my guess for the next bounce

derfred

I have been following and it allowed me to gain a nice chunk of coins on the leg down. Now I'm wondering how this goes on. I'm fully expecting another large drop, but looking at this I can't help but seeing a bull flag forming. What do you think?