Bitcoin

Bitcoin is Tracking this Parabolic Bar Pattern

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Bitcoin has been following a parabolic trajectory similar to the trajectory from November/December 2017. A bar pattern is displayed which was taken up to the 2017 peak around $19400 USD. This is shown on a linear scale. I've been tracking this bar pattern since early February and it has been following pretty accurately. Take this with a grain of salt as it is just a fun indicator but should only be used as an idea with your own technical analysis. If this plays out, I think this would just be a local top and not the market cycle top. I believe there will be a global blow off top at the end of the year, or some time next year.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.