Bitcoin Weekly Chart – Parabolic – $15.000 April 2018?


 

 

 


 


Hi all,

In this update I want to share my view on Bitcoin.

During the week, I will share my analysis and trading updates on my trading feed. My account EdwinVandenBerg will be used to trade the US and European stock markets and Bitcoin. Sign up for a free account et eToro  and follow my trades. 

My bond portfolio (short sovereign EU bonds – The Real Bubble Trade) is a flatliner, not much happening yet…but I’m in no rush at all as this is a long term trading idea and a hedge against rising interest rates.

My portfolio at Poloniex (cryptocurrencies) is up >400% (madness, sometimes I wonder if it isn’t the next Tulip Mania) since the start of 2017.

Enjoy the charts below and your weekend!

Cheers!

Edwin.


 

 

 

Bitcoin Weekly Chart


Let’s make it a Real Bubble…price action up till now is just peanuts.

15k for April 2018 sounds like a nice target from the parabolic pattern. That would freak out a lot of people…and make some others filthy rich. Just make sure you’re not the last one to join the party 

In the end, parabolic price movements never end well…



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BITCOIN DAILY CHART – Wave 4 down, wave 5 up? 



 

 

 



 

 

 

 

 

 


 

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