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Bitcoin Is Near The Brink Of Breaking Down to $30k – Will It Stop There Or Will A 'Herd Mentality' Sell Off Drag It To $10k? – HoweStreet

Bitcoin Is Near The Brink Of Breaking Down to $30k – Will It Stop There Or Will A 'Herd Mentality' Sell Off Drag It To $10k? – HoweStreet
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Could Bitcoin Price CRASH Target A Bottom Below $7500? :: The Market Oracle ::

Could Bitcoin Price CRASH Target A Bottom Below $7500? :: The Market Oracle ::
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Bitcoin Rally Similarities – Is This The Peak? :: The Market Oracle ::

The recent rally in Bitcoin is strangely similar to the rally that took place in 2017. Although the range of price throughout the rally is somewhat different, the structure of price throughout the rally phase is very similar. Our researchers believe this similarity suggests a peak may be forming in Bitcoin and the big volume on Monday, December 21, 2020, may have represented a “blow-off peak” in price.
Bitcoin 2017 Peak Structure
The following Weekly Bitcoin chart highlights the three rally phases that took place before the peak level was reached in December 2017. Pay very close attention to the structure you are seeing on this chart and the highlights we’ve made to help you understand how the price structure is being mirrored in the current rally phase. ....

Chris Vermeulen , Technical Traders Ltd , Cardiff Energy Corp , Nadeem Walayat , Trend Forecasts , Rally Similarities , Weekly Bitcoin , Green Arrow , Bitcoin Weekly , Best Asset Now , Technical Traders , Win With , Amalgatrader Magazine , Traders Ltd , Cardiff Energy , Market Oracle , Financial Markets Analysis , Bitcoin Rally Similarities Is This The Peak Market Oracle Financial Armageddon , Stock Market Forecasts , Predict Future , Crude Oil , Stock Market Forecast , Dow Jones , Housing Market , Technical Analysis , Credit Crunch ,

Bitcoin Rally Similarities – Is This The Peak?

December 22, 2020 | Bitcoin Rally Similarities – Is This The Peak?
Chris Vermeulen
Chris Vermeulen has been involved in the markets since 1997 and is the founder of TheTechnicalTraders.com. He is an internationally recognized technical analyst, trader, and author of the book: Technical Trading Mastery. Chris has developed trading strategies that incorporate technical analysis, position-sizing, and risk management to boost performance while reducing portfolio risk.
The recent rally in Bitcoin is strangely similar to the rally that took place in 2017. Although the range of price throughout the rally is somewhat different, the structure of price throughout the rally phase is very similar. Our researchers believe this similarity suggests a peak may be forming in Bitcoin and the big volume on Monday, December 21, 2020, may have represented a “blow-off peak” in price. ....

Chris Vermeulen , Weekly Bitcoin , Green Arrow , Bitcoin Weekly , Best Asset Now , கிறிஸ் வெர்மேஉளென் , வாராந்திர பிட்காயின் , பச்சை அம்பு , பிட்காயின் வாராந்திர , சிறந்தது சொத்து இப்போது ,