Bitcoin and the next bull cicle

2019年7月4日

After some analisys based on some TA instruments we can say that there is a high probability that in the next bull cicle we can have a top of 250/350k arround feb/march 2022 and after that the correction can go till 55/75k arround april 2023, till than we will have quite a journey. The log chart have some very important and strong trend lines , that act, as usually, as strong suports and resistances that in their time as expected. Right now everyone is expecting 20k soon, probably will not hapend till 2020, this lasts weeks we had a very unhealthy parabolic behaviour to the upside till it touched the "roof", we may see a double top till the end of july, the test of the fibo gold retracement at 13.5k and a BIG correction that can last till the end of the year till arround 6800/7200k, making the double botom on the log chart uptrend suport chart and 0.382 fibo desingning a W patern and and at the same time colling the RSI making an inverted H&S and start the journey to the moon.....