The comparison between the BTC parabolic breakdown of the 2017 rally has a very similar pattern to the current BTC parabolic breakdown...
IF Bitcoin continues to follow the same pattern, BTC is likely to have a pretty significant sell off within a day or two followed by a quick rally back to test the previous broken support areas... I will continue to monitor this and update!
IF Bitcoin continues to follow the same pattern, BTC is likely to have a pretty significant sell off within a day or two followed by a quick rally back to test the previous broken support areas... I will continue to monitor this and update!
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I've updated my analysis by using the same timeframe (4H). Please follow this link! :)
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Bitcoin is still on track to follow the 17' fractal. A little more sideways movement before a big drop! My first target is $8.8k-$9k
