Great analysis. I think a correction could be coming but maybe not as big as you are thinking depending on how the hard fork/soft fork/segwit2x issue gets resolved. I think a correcting to $1800ish will be likely before that but if it goes well back up if it goes bad back up.
Also what about comparing where we are now to December through April of this year. It looks very similar to the pattern we are seeing now. I can see a case for both scenarios but I dont think we will have the same growth we had the last 3 months. In any case I sold 60% of my btc to hedge. If we continue up I will ride with what I have left in if we go down buy back in depending on scaling of course.
Only time will tell but I hope everyone stays safe out there. Risk management is key here.
Thank you very much for your comment & very good point about the correction maybe not being as big as the last one, I actually made a new post with two possible predictions based on the 2013 bubble patterns & I found that we might not crash that low & also I see a possible flash crash sometime in august, it could have something to do with the fork/scaling issue. Check out my last post if you have time & tell me what you think about that.
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