Giovi6969

Bitcoin: bear trap death cross, bull trap golden cross?

Giovi6969 Uppdaterad   
BITFINEX:BTCUSD   Bitcoin
Let's see if history repeats itself.
Bitcoin charts will probably become legendary for bubble patterns studying, for the next generations of economists and traders, and why not Bitcoin users.
Kommentera:
I want to add i am absolutely not a permanent bear or a doctor doom type, i am just studying if the same scenario is about to happen.
We might have bottomed - i do not think so honnestly
We might not have bottomed - i do think so honnestly
This conclusion is according to the study of every bubble pattern since the History of economics and the study of the previous Bitcoin bubbles.
But why not, cryptocurrencies might create new type of patterns that manage to suddenly counter break a bubble crashing pattern in the midst of its crashing process, i am open to any type of possibility.
Kommentera:
let's see how the beast evolves
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fibos still valid as accurate resistive lines
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Bull trap still the most probable scenario so far.
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I will leave this archive wide open for you Joes, in case we have incoming new bubbles in the future. This works in 12h charts. Pure coincidence? You decide, and do whatever you want with it.
Enjoy.
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