OH NOO! My 2014 Comparison is Alive - Reversal at 4,888.7 USD?

Hey Friends :)

I will try to be consistent again, guys, and make daily updates now like in the good old day! ;) As I told you last time, I've spent so much time on my company and have hired a lot of people. But everything seems finally to be all good now, and I have time to keep you guys updated again - really looking forward to doing that :)

You probably remember my Bitcoin comparison chart from 2014. It has some crazy similarities with 2018:

- Crazy bull run
- The lows
- The double tops
- Double bottoms
- Sick spike out of down trending channel

Back then, when I first made my chart, I believed this was a likely scenario. I since changed my opinion due to a lot of fundamental stuff, which were pointing upwards. I before mentioned R.S.K and iExec and Intel, which eventually will revolutionize Bitcoin, but the R.S.K I.C.O is still not out there. Also the whales seem to play a bigger role.

The low volatility also confused me a bit lately - Bitcoin has not been super easy to read lately - let's be honest.

I really want to be an optimist, and once again I'm totally convinced that Bitcoin will do super good in the long run - but for now it seems that we need to go under 5,000 USD if we look at the TA in isolation, and IF the whales don't have a plan to push us before.

4,888.7 is not just a random number I chose back then. Obviously it was kinda joke, when I came up with such a specific number - no one has a chance to be so accurate. BUT there is definitely reasons to argue that the area could be a turning point due to the following:

- 78,6 % retrace is around there
- It's just below 5,000 USD where we will have a lot of buyers
- And if we look at the Volume Profile we tend to jump from a H.V.N. to a L.V.N., which 4,888,7 is.

Anyway.. Let's see, my friends! No matter what - I'm super happy to be back, and even though we fall lower or not - Bitcoin and crypto are not dead - Bitcoin will recover and you will also see a NEW ALL TIME HIGH AGAIN :)

D4 Loves You <3

Please leave a like if you are happy to see me back - and I promise you I will keep you updated and be consistent now I again have the time. Thanks in advance, my friends :)

הערה:

As you can see here in a closer look, what I meant with going under 5,000 USD if we take a look at TA in isolation.

We are at this moment in a huge descending triangle which is bearish. Pay attention to:

- 78,6 retrace
- HVN and LVN

D4 - Thanks for listening and reading my charts. Really appreciate it :)

הערה:

As you can see it's still following the path - we should now go to around 6,700-6,800 USD, and then have another crash down to 4,888,7 USD IF it keeps following the 2014 pattern!

Let's see!

D4 - please leave a like, my dear friend <3

הערה:

We are still climbing - We are starting to get used to the low volatility :) I made the red box for you which acts a strong resistance.

6,800 USD kinda a pivot point - and it's not unlikely that we might see a reversal here, but we first need to escape the big triangle.

Otherwise we will still follow the 2014 path, which essentially will take us under 5,000 USD.

Let's cross fingers for Bitcoin :)

הערה:

6,631 USD - still climbing. Very exciting what's gonna happen :)