Post
Topic
Board Speculation
Re: Analysis
by
windjc
on 19/01/2018, 18:39:49 UTC
So here I see further options:
1. The giant triangle from 20k to 10k (+/- maybe a little lower) - with a further exit under 70k. Well, or some kind of consolidation - a flag, a wedge, a pennant ... A month or two

2. The classic output bitcoin from the bear trap is bluntly up. At 70k. Up to a month

3. Deep correction to strong levels 2-5k. A few years. And up to 100k +


I am confused about first option. Does he mean consolidation will continue for two months or  we are gonna hit  70k  within 2 months ?


 


Consolidation for a month or two. I am actually confused by what he means by #2. Does he mean breakout towards 70k in a month?