Hello guys,
Have another idea... I know, don`t tell me... my point is that we did not hit bottom yet and my targets are different I know but on this idea I tried to match approximate bottom time and an more accurate target price based on:
1. recent news( ETF denied) - it seems that SEC will reconsider ETF in 2019 February
3. bitcoin futures -2.21% - I believe that might be a pattern on CBOE -1.34% and CME futures , and made an indicator and tried to replicate the future, CBOE color is white and CME is blue, both showing 1 week before expiration.
2. 2014`s bear cycle - on a closer look BTC 0.35% might not drop for another year because market got much bigger and you can see how fast BTC 0.35% recover after each drop, but 1 year of bear market is still on table and so far we did not lose volatility yet... so based on this thought and other two reasons I made this chart.
This is a probability, it dosen`t mean that this will happen, make your own analyse and please share thoughts here.
Have another idea... I know, don`t tell me... my point is that we did not hit bottom yet and my targets are different I know but on this idea I tried to match approximate bottom time and an more accurate target price based on:
1. recent news( ETF denied) - it seems that SEC will reconsider ETF in 2019 February
3. bitcoin futures -2.21% - I believe that might be a pattern on CBOE -1.34% and CME futures , and made an indicator and tried to replicate the future, CBOE color is white and CME is blue, both showing 1 week before expiration.
2. 2014`s bear cycle - on a closer look BTC 0.35% might not drop for another year because market got much bigger and you can see how fast BTC 0.35% recover after each drop, but 1 year of bear market is still on table and so far we did not lose volatility yet... so based on this thought and other two reasons I made this chart.
This is a probability, it dosen`t mean that this will happen, make your own analyse and please share thoughts here.
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