Bitcoin 2018 and Silver 2011 Simularitys in the Chart

in bitcoin •  7 years ago 

I have check the Chart from the SILVER Bubble in 2011. It Looks very simular to Bitcoin now.

So if Bitcoin is today in a Bubble Phase we should see a simular Bubble Burst, like SILVER in 2011.

The Trading Target for Bitcoin is "E" which should be as high as the previous Low or a bit lower 6.000-6.900.

And after this low we should see a short Brake out for the down trend resistence Line to 11.000-11.800. And after this we may see a Long Bear Market, like in SILVER and GOLD after 2011.

Please don't take my Chart too serious iam still a newcomer in trading and on Bitcoin you Can lose much Money right now, So be very careful.

2018-03-08 (1).png2018-03-08 (3).png

bitcoin bubble silver crash
7 years ago by

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