Quote from: aceptamosbitcoin on February 14, 2018, 11:26:43 AM

Quote from: freightjoe on February 13, 2018, 08:24:47 AM

The continuing decline where Bitcoin goes to deeper and deeper levels is very clear. If the pattern continues, the next bottom will be on February 20 where it will drop below 4000. Continuing, then the next bounce will only reach up to around 7000, followed by an even deeper drop.....

IMG

It will be impossible to go below $4K without any big country ban it or restrict it. And USA already gave positive vibes.

I think we will watch very very very slow recover now.

Right now, I am very optimistic that the market is ready for a rally and all we need is just the volume. The signals are popping up each day to the positive and even though the market looks a little bit bumpy right now, no one can tell exactly what can happen next, so the OP coming with his chart and assuming that to be an analysis to create FUD is messed up. For me, the market should be recovering soon with the head and shoulder pattern formed.