BTC price dropped 100% in price from Nov 12th to Dec 12th 2018
Since then it has been rising slowly in price
It might take 140-150 days to recover or surpass the 6400 price level
Do I think it was a random drop of 100% followed by a 100% rebound? Don't think so.
FOMO is on the air
Bitcoin may cross this historical price very soon, 6400, and then we expect a pullback.
Thanks for the likes, and good luck in your trading
Since then it has been rising slowly in price
It might take 140-150 days to recover or surpass the 6400 price level
Do I think it was a random drop of 100% followed by a 100% rebound? Don't think so.
FOMO is on the air
Bitcoin may cross this historical price very soon, 6400, and then we expect a pullback.
Thanks for the likes, and good luck in your trading
Trade active
Bitcoin may touch $7000 before a pullback, that level has a major resistance, the 200 Moving Average (Pink line): Trade active
Bitcoin moving up as predicted Note
Bitcoin touching 7000 as predictedTrade closed: target reached
Closing long position here. Bitcoin reached 7500 and now a short pullback is due. Notice that the price reached the 200 EMA which acted as a resistance: 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.