Bitcoin

Bitcoin is Tracking this Parabolic Bar Pattern

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Bitcoin has been following a parabolic trajectory similar to the trajectory from November/December 2017. A bar pattern is displayed which was taken up to the 2017 peak around $19400 USD. This is shown on a linear scale. I've been tracking this bar pattern since early February and it has been following pretty accurately. Take this with a grain of salt as it is just a fun indicator but should only be used as an idea with your own technical analysis. If this plays out, I think this would just be a local top and not the market cycle top. I believe there will be a global blow off top at the end of the year, or some time next year.

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