Chilling on the way down

29 mar 2018

The Pivot Point system is very close together. Not much momentum right now. Over the Easter holidays, there will be only weak trading volumes and may be no price movements or even erratic movements without direction. On the longer term, the price of Bitcoin will remain falling with erratic movements, but always below the blue dashed line.

29 mar 2018

Nota

We see the long-term trend as a bold blue line. Above that blue trendline, we see the collapsing Bitcoin bubble. Twards the end of the year, we will see Bitcoin prices arond 400 to 500 USD.