(I Draw those lines just for understanding where we are going to be compered to that chart)
Yes i know my chart looks like done with paint but i don't give a f. cos i just want to show an example to those nasdaq fans, that some "bubble charts" also can be very and that they would stop pushing their "BTC is dead" opinion
We should be somewhere were "bear trap" is. Below is that chart which i found
BTC tips address: 1KYDPJ4XEribrakTSTnTrEX4C3syhcFxpo
Its just my opinion, don't take it too serious.
This is not financial advice nor a fact that this pattern is going to happen.
Based on that chart (link) above, It took five (bear trap) candles
for bitcoin to lift off, My btc chart is at 1W. it takes five 1W candles till time fib,
coincidence? i don't think so. Illuminati confirmed
Don't get me wrong, i'm not stuck on this chart, just lets see if something similar is
going to happen. Thank you for your time
(BTC address in pictures is not mine) This is from bitcointalk.org
user named: Trolololo
He predicted when btc will reach 10k, with we can say 100% accuracy
This is how the 2011 and 2013 (1) bubbles look like in linear price axis:
And this is how the 2011 and 2013 (1&2) bubbles look like in linear price axis:
You can see that this pattern bitcoin is forming it's like his DNA, it repeats every time
If you look at btc history, it always looked quite different than the Nasdaq chart. So yeah, I agree. How high it will go however, I have no idea.