Bitcoin rally (2013).
All Time High at resistance (USD200)
Formed a bowl after
Price broke resistance and did another rally in 2014 to ~USD1000
Price went down to previous resistance made in 2013 which became the support (USD200)
Formed a bowl again
Bitcoin rallied again, broke the $1000 resistance and topped up 2 years ago at USD19000
The resistance from the rally in 2014 will be the current support.
AKA, price is heading to ~USD1000 ? :D
BUY ORDER AT 1000. LET'S BEAT THE BANKERS AND THE ARTIFICIAL INTELLIGENCE AND THE GOVERNMENT.
Pardon me.
The length of the bowl is proportional to the Fibonacci sequence.
EA: 1, 1, 2, 3, 5, 8 (time unit, like months)
All Time High at resistance (USD200)
Formed a bowl after
Price broke resistance and did another rally in 2014 to ~USD1000
Price went down to previous resistance made in 2013 which became the support (USD200)
Formed a bowl again
Bitcoin rallied again, broke the $1000 resistance and topped up 2 years ago at USD19000
The resistance from the rally in 2014 will be the current support.
AKA, price is heading to ~USD1000 ? :D
BUY ORDER AT 1000. LET'S BEAT THE BANKERS AND THE ARTIFICIAL INTELLIGENCE AND THE GOVERNMENT.
Pardon me.
The length of the bowl is proportional to the Fibonacci sequence.
EA: 1, 1, 2, 3, 5, 8 (time unit, like months)