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Question: Will Bitcoin recover now with a triple bottom formation?  (Voting closed: July 29, 2018, 04:02:06 PM)
Yes - 17 (56.7%)
No - 13 (43.3%)
Total Voters: 30

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Author Topic: Triple bottom: yes or no  (Read 497 times)
cellard (OP)
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July 19, 2018, 02:10:57 PM
 #41

Looks like this scenario of the triple bottom is playing out rather accurately:



Next stop should be somewhere around the $10k mark:



If we are able to cross $10k, everyone that is still in denial should be turning a bull, since you can't no longer call that a dead cat bounce. The road towards a new all time high would begin.
cellard (OP)
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July 29, 2018, 07:10:14 PM
 #42

Today is the last day to be able to vote in this poll. If you want to make a prediction vote now. It's been a pretty even one.

Yes   - 17 (56.7%)
No    - 13 (43.3%)

I doubt this will change in the following hours but I would like some extra votes. A month of time to decide it's enough. Now we will just have to wait for the outcome. Thus far it's holding pretty well above $8k and there are now several resistance points that would need to be broke to destroy the triple bottom scenario and go to lower lows (below $4900). The ETF gap in the graph looks hilarious, many noobs got squashed there then the price went up as if nothing happened.
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