jpbrown1023

Bitcoin - My crystal ball says it is destined for $6000

BITFINEX:BTCUSD   Bitcoin
Hey guys and gals, looking at the 4 hour chart I spotted a repeating pattern in the price action for Bitcoin. If history repeats itself, I am anticipating the price going back to $6,000. How did I get that price? Well I took the ratio of the price jump vs. price dump from the first pattern and applied that ratio to the lower pattern. Near bearish cross on the MACD and overhead resistance on the RSI also indicate lower prices ahead. Of course the price could do a 180 and move onto $10,000. Anything is possible. But for me, I am going to be sitting in the Tether/Nubits safe haven and hope to increase my BTC value before we move back into bull mode.
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