Bollinger bands applied on the 1M Log chart create this fjord/valley forms that signal in advance that the peak is arriving and that we are in a big bubble territory.
This won't tell you the exact month when to sell, but it signals when we are entering the bubble territory, so you can know whether or not it's still safe to enter, and start selling going up...
- A Fibonacci retracement study using the latest dip as the starting point, and Dec 2017 as the upper limit.
- Bollinger bands with default values to detect possible breakpoints
$9500 acts as the next resistance level on the fibonacci scale, and then $13500 is the next ceil. I suspect BTC will rebound on $9500 with and enter the $3500-$6500 range before going up...
