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Parabolic

BTC: The Parabolic MoveThe parabolic move is undoubtedly the most sought after pattern for traders and investors with huge upside in a short space of time with followed by a blow off top. Typically there are several periods of consolidation or 'bases' which are established with increasing range between each of the moves. The final phase is a usually the most violent in its upside before a strong correction which breaks several of the previous levels of support. I think its fair to say Bitcoin is within such a move and most likely coming to the end. Im calling top at a maxout of this move being $20k but could end sooner. A collapse could see bitcoin return to somewhere between $2 and $3k- i would lean towards $3k Im certainly not bearish quite yet, but we saw some serious volatility at $10k - imagine what it will be like at $20k. A lot of people will have made a lot of money and profits will be taken: Just to put this in to perspective, lets say you bought 100 BTC at the start of the year for $100k. By $20k/BTC this will be $2m in holdings. This is enough for any average man to retire upon. Watch how quickly the libertarian hodl attitude melts away when they are literally kissing goodbye to their lottery ticket. The panic will be significant and is probably underestimated due to the euphoric feeling we all have today. My advice would be not to short this beast. There is plenty of potential to nearly double in price. Take some profits on the way up.. You can’t go bust by doing that. Hope you found this useful. All the best. FILBFILB
BNC:BLX
by filbfilb
155
DASH in parabolaThis is a big call. The median parabolic curve is a big draw for critical price path and discovery, furthermore the upper and lower both having a few testings. The more testing and we see the better. Any breaks to the lower line bull run over. But so far we have precise indication and obedience. Fear money running to Dash, from BTC. Just check both charts, clear syncing with the recent hack. Institutional money will favor the relatively bare order books, a lot more market cap to come. Network effect in full swing. Dash's huge marketing budget and general the favor for privacy atm all helps. I called a $1000 Dash by January 2018 back in July, still got a way to go but we are getting there. 2018 should be an important year for crypto and I can see Dash scaling the ranks and outperforming the market.
BITTREX:DASHUSDLong
by cryptodavinci
3
Bitcoin: Peter Brandt's Parabolic TrendYou can find Peter's post here: twitter.com I've recreated it almost perfectly I believe. Just thought I'd share. I like the comments made in the Twitter thread: @cyberamine12 - "What happens when the lines meet?" @PeterLBrandt - "Bull market is over or market blows through the top in a final display of fireworks." Also of note: @ChanikPark79 - "Is it possible we retrace to say $3000 and start a new parabola with a new slope?" @PeterLBrandt - "Nope. Not likely."
BITSTAMP:BTCUSD
by feeench
9
Bitcoin soon ending parabolic movement?Are we perhaps looking at one of the greatest corrections in history? If this parabolic pattern carries out, we may be looking at a monstrous retracement of somewhere between 80% to 97%. We are far overdue on our correction, with both a bigger elliott wave soon closing out, with a smaller elliott wave within that wave, and now with the parabolic pattern on the outside. Give this two months and everyone will be screaming that they were correct about Bitcoin being a bubble, and that's when we buy - at ridiculously low prices. Time to get our own garage to store all our lambo's.
BITSTAMP:BTCUSDShort
by GudUtenTruser
11
Bitcoin: BTCUSD One Chart of most excellent parabola in historyBITCOIN:BTCUSD One Chart of the Parabolic Baby At the moment it's found support just above the supports shown on left hand chart and trying to fly higher - it needs to take out 7500 now to stay positive... if we see it falter and fail just above or just below 7500 then we have the first sign that a turn might be approaching fast...next sign would be a breaking below 7061 and a fall below the rising support line shown on left hand chart. Only at that point will the near term picture start to turn negative for Bitcoin. It should then fall back to the old highs around 6165 - to the rising support line shown on right hand chart at around this level - that would be the perfect entry point for those wishing to ride this tiger...time will tell.
BITSTAMP:BTCUSDLong
by sumastardon
1
Is Bitcoin (BTCUSD) about to go parabolic? (Circular Geometry)Is Bitcoin (BTCUSD) about to go parabolic and reach a new ATH of $6234.13 on 2017-07-07 on BitStamp. (Circular Geometry) When I centered a Fib. Arc on the low $42.58 of 2013-04-10 to the high $259.34 of 2013-04-08, the 4.236 Fib Circle circumference touches the 2013-11-30 high of $1163. I felt that this touch was no coincidence and must have significance, can this Fib. Arc ratio of 5.618 be used to project the high of Bitcoin´s 3rd parabolic move? Will this new ATH be unveiled by using a bit of (Circular Geometry). All calculations are done on candlestick data. See and think for yourself, let me know what you think or feel? Is this possible or completely insane in da membrane? One thing is for sure, in 66 days we will know. Injoy Om Sri Satoshi Ji Namah OM Sri Satoshi Mahadev! Jai! OM
BITSTAMP:BTCUSDLong
by FlippingABitCoin
40
$BTC - on log scales, fractal parabolic growth, & 50k BTCBoth of the major Bitcoin 'bubbles' we went through in 2013 showed parabolic growth when viewed on logarithmic scales. Most probably think we are in a bubble now, and surely we are, but how far into it are we? Was 4500 the ceiling? The big difference between 2013 and now—as you see here on this log-scaled chart of BTC's entire history—is that we have clearly not entered 'parabolic' territory on this scale. That doesn't mean we WILL—after all, we're in uncharted waters here. Who knows how BTC will act this go around, but if the pattern repeats, and we do go more parabolic from here... well, you see the price over there. Is that talk of $50000 per BTC possible, not ten years from now, but maybe... months from now?
BITSTAMP:BTCUSD
by trianglescrypto
1
Emerging Technology BTC // The Blow off phaseBTC // Most emerging technologies follow a specific pattern and parabolic curve until the curve is broken. The first curve was broken after the hack and a new one has formed since then. Now since BTC is the first Global reserve currency NOT dominated by a country Global reserve currencies since 1450 it is hard to estimate how far BTC will go until it breaks this curve. Most traders trade BTC like most other markets but it doesn't make sense to do such action. If you follow the intraday charts you will see the same pattern over and over again so why not follow it until it breaks the curve once more?
BITSTAMP:BTCUSDEducation
by FXRCAPITAL
1