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RE: BITCOIN CHART Analysis - 1 Feb 2018 - sharp dive into the crash?
I don't think BTC o the hole market is gonna crash. There is a big manipulation. A lot of big investors and big money want to get lower prices and be in the market which has been seen by them from outside all the last months.
BTC area for rebound above 6.800. Long candle and quickly recover.
Nice analysis, I think the market will recover with a big bounce.
Definitely an interesting theory I also believe in. But we don't know it for sure. 7000 to 8000 are possible. If the price would go up again afterwards, sure let's get it over. I would say there is still a lot of interest into cryptos, so there is also a lot of potential of nice straight bounce back.
Crypto has just started! ;)