Hello everyone, I´m not saying this is local TOP but it might be. What I wanted to point out and remind you is the power of fractals and cycles Back in March 12 when the price of BTC was 4814 USD I´ve shared the idea explaining the "China fractal" You can check the idea/chart HERE
Since then 239 Days passed and Bitcoin is up 239%
In the previous idea the fractal was not likened exactly accurate, intentionally ! The reason was I wanted to be easier for us to read the future price action. Now I linked it more precisely right in the midle of fractal where the "dips" occured and you can see both of these fractals end up in the range of 15-17K.
In my opinion BTC.D and BTCUSD is likely to top anytime soon. What does it mean for traders ?
So be ready to be reactive when the alts relief rallye begins & Don´t get me wrong ! Im super bullish long term on BTC
ChaChain ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
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