Badgergrease

Badgergrease

When the price is rising, there seem to be only two rates of increase for the BTC price, based on which channel it is moving in. If the price were to break into the upper channel in the coming few weeks (which seems feasible) and maintain this pattern, then the rate of change in price is just about to increase significantly... Comments or feedback from those...

Badgergrease Updated 

Have we just completed, or are we close to completing the back test on the long term trend?

Badgergrease

Historic support everywhere you look. I don't think it's going anywhere but up.

Badgergrease

I suggest that there may be huge institutional holders sitting on significant Bitcoin, bought just below the current price; and I doubt they want it to drop below the price they bought at. Any further drop would also start to erode the viability of Bitcoin Vs Alts, which they don't want either... Instead, they have created a market to buy all they can at this...

Badgergrease Updated 

I may be over simplifying this, but are we not quite likely to go up from here?