Big Picture
First off, i know thats not how pitchforks are technically used, but its the easiest way to draw a lot of parallel lines.
Using the 233 MA for the areas shown. Blue is over 233 MA, orange is below.
If it continues to follow '13-'14, then we should go up to about 11k before coming back down.
Where I divert, is that I dont (want to) believe we will see 3k BTC, which is what the complete fractal would mean. If I had to call a floor, I'd say its somewhere in the 4.8 - 5.5 range.
Remember: Pick your spirit animal wisely. We're all long in the long run.
Notice: This is not trade advice, and I reserve the right to change my opinion without notice. Please do not follow my advice.
Using the 233 MA for the areas shown. Blue is over 233 MA, orange is below.
If it continues to follow '13-'14, then we should go up to about 11k before coming back down.
Where I divert, is that I dont (want to) believe we will see 3k BTC, which is what the complete fractal would mean. If I had to call a floor, I'd say its somewhere in the 4.8 - 5.5 range.
Remember: Pick your spirit animal wisely. We're all long in the long run.
Notice: This is not trade advice, and I reserve the right to change my opinion without notice. Please do not follow my advice.
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