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Tulip Mania vs Bitcoin Mania

Daytrader21 Posted 18 Feb.  in #Trader's blog #Bitcoin #Deviation #Fractals #Tulip Mania
At beginning of the year I've made a big statement saying that Bitcoin is on a verge of major sell of. I was bearish on bitcoin because it was following the price action of Tulip Bulbs from 1634-1637. You can find that post here: How Fractals Can Explain Market Movements
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5 Comments
jezz avatar
jezz 18 Feb.

Just use a longer time chart, it may not be February, but it will happen. There are stories that bitcoin is used for money laundering, so... I still think it is a bubble

ulkater avatar
ulkater 18 Feb.

Nice comparation. Lucky the people who did mined some bitcoin in 2009-2010 and maded some $ this times.

Daytrader21 avatar
Daytrader21 18 Feb.

Jezz it already happened:)). Time is as important as the price when working with fractals

Daytrader21 avatar
Daytrader21 18 Feb.

@Ulkater Thanks

Metal_Mind avatar
Metal_Mind 19 Feb.

Bro this prediction is trully great. You managed to determine tehnically this sellof without takin in consideration fundametals. Ans the fundamentals are as follow. I got hot news that says the silk road seizure of more than 6 million bitcoin with the atack of an large payment procesore were was stole from clients another 4-5 milion bitcoins along with money laundering acusations is shuting bitcoin down rapidly. So bro, you did make a 100% accurate prediction purely tahnical witout knowing fundametals and it came true. That is REMARCABLE!!!.

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GBPCHF- Swiss Franc Strengthen's!

Metal_Mind Posted 29 Oct. as Analysis on GBP/CHF, Target: 1.4224, Date: 2nd of December, 12:00 GMT  in #Technical analysis #GBP #CHF #Swiss #Support #Deviation #GBP/CHF #Range #Target #Franc

Charts: 4Hours, 1 Day.
Indicators: Fibonacii Fan Lines, Fibonacci Retracements,Support & Resistance Levels , MACD, EMA 200,100,50.
Current Level :1.4430
GBPCHF recent price action made 2 resistances at the same level (1.4820) with a +/-5 pips deviation, and encounterd a support at (1.4039) price level.Looking at the second chart we can see more clearly that we could have a possible range development on this pair on 1 Day time-frame, which could support my wiew that the swiss franc is…
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Metal_Mind 21 Nov.

UPDATE 1 : This prediction is wrong. Trend is in the adverse drection.

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