Final bottom: Bitcoin will start to rise after falling to $ 1700
Source:
A Graduate of Princeton University Murad Makhmudov quickly gained prominence in cryptocommunist with its detailed technical and fundamental market analysis. A couple of days ago Makhmudov published on Twitter the latest «debriefing» in the auction . Based on the previous price movement of the asset, the expert came to the conclusion that this time the fall of the major cryptocurrencies will end at the level of $ 1700.
thebottom
First Makhmudov held obvious Parallels between today's market situation and the bearish trend of 2014. By analyzing the commonalities and differences in the graphs, it defines a pivot point for Bitcoin prices. It lies in the zone between lines 1700 and $ 2200. While Mahmudov even managed to set a specific time frame for his forecast of the cryptocurrency will fall to the bottom in April 2019.
If the dynamics of the auction is true and history does repeat itself, then we can expect falling to the bottom in the area between 1,700 and 2,200 dollars in the spring. Most likely, in April.
1/ Let's go on a little journey. What if the history does indeed rhyme?
— Murad Mahmudov
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