My new prediction

We are now in a pennent. This wil probably break out to the top. Next point of resistance wil be 650 to 660.
Pennants are short-term continuation patterns that mark a small consolidation before the previous move resumes. The sharp move up of the flagpole usually occurs on heavy volume. Target of a pennant: The length of the flagpole can be applied to the resistance break or support break of the flag/pennant to estimate the advance or decline.

This doesn't mean that we need $60,000,000,000 to get there. If the orderbook has almost no sellers you can get to $4000 with a small ammount of money. Ofcourse we still need a lot, but way less than $60,000,000,000

Yes i'm all in. But i'm a student and don't have a lot of money. I started with 10 btc at 200 euros per bitcoin and made some profits with litecoin. I took my investment of 2000 euros out of it and took some profit. After that i still had 7 btc left and bought 2 now. So that makes my avarage price €90

You should buy them soon if you want cheap coins. I don't think we will be able to get them for this price in the future. That's why i bought 2 extra bitcoins with my last savings.

It is not only the RSI, it is also the symmetrical triangle. The triangle is used in forex trading and gives you an indication of continuation. Continuation means a new bubble in this graph. It also gives you a target of the new top. The top may be less or even more. It is only a target.

I've used the RSI to see if we can expect a new bubble. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. Just before the last bubbles we had a rise of the RSI above 80 and directly after that we had a drop. After this drop comes the bubble.

I'm expecting a top of about $3800 to $4000 because of the symmetrical triangles. Price target of a symmetrical triangle: the widest distance of the symmetrical triangle can be measured and applied to the breakout point

We should go up today. The first point of resistance is about 590 dollars




A falling wedge usually breaks out at the top.

I'm see a small double bottom at 550. Price Target double bottom: The distance from the resistance breakout to trough lows can be added on top of the resistance break to estimate a target. This would imply that the bigger the formation is, the larger the potential advance. This gives us a target of 590. 590 has been a resistance point in the last few months.