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veryevilone
5 Th02 2018 11:57

Fibonacci Retracement on the yearly chart 

Bitcoin / U.S. dollarBitstamp

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Yearly candle chart is intereting. Using fibonacci retracement and if the cycle repeats BTC might end the year in the 4k range and 2019 might hit a low in the 3k range and then reverse. This fits nicely with the Lightning network being finished and much more user friendly as well as the next halving, two perfect conditions for a bull rally.
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snatly
Good points man, bubble deflating for a while before another bull.
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