BTC/GOLD - Hourly BTC chart following 2012 GOLD Daily Pattern
Does the beginning of this chart remind of you BTC. Well, it's not BTC, it's Gold. BTC is following Gold but at a different fractal scale.
Using this graph, I could better identify the cycle BTC was in. I could figure out that a flash crash was going to happen within 36 hours. We are approaching BTC's final push up before it goes and corrects to much lower support. Then we will drift down/sideways for weeks to come.
Using this graph, I could better identify the cycle BTC was in. I could figure out that a flash crash was going to happen within 36 hours. We are approaching BTC's final push up before it goes and corrects to much lower support. Then we will drift down/sideways for weeks to come.