Looking at my expectations for BTCUSD, I'm expecting 1 more (big) move down for BTC. This would perfectly fit in this cycle.
One more leg up. Its very tricky to chart these kind of pumps, high chance of being wrong but this chart looks pretty logical to me. Its more driven on "feeling" as on Technical Analysis by combining several chart patterns from different currencies.
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Pattern changed a bit but still expecting a move up. This isn't done yet. Fits in my expectations for more downside for BTC towards 5k. Price bounced exactly from blue box
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Did the update on wrong place, should be here: The pumpers let the price fall again into the blue box from where it seems to be bouncing
Doses this means BCH will one more time pump over 2000$ :DDDDD
cryptobitdaily
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@BuLiG, yes BCH big in Asia and they are sleep now
RealDaniil
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Hey. I totally agree with you. I was blind, and did not look at the BTC, I looked only at the BCH, but after analyzing the BTC I realized that it still had not finished the correction and it was approaching 3500, but it looks like a fairy tale, but still it grew 2-3 months, and correction 1 a week? it does not seem like a fairy tale?) So we are waiting for 3500-3800 and then we can confidently go to 10k BTC
look at analysis
@RealDaniil, I studied English for about 2 years, and I still did not know this expression "fairy tale" ("conto-de-fadas" - lol). Thank you very much!! I already left BTC, but I intend to enter the BCH in ~ 1000-900, following an indication from the great trader btcinvests, from here. Anyway, nothing is guaranteed ...
@Ralebr2, I'm wanna think it will be true prediction ) ty
nginx
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@RealDaniil, Bitcoin is still on a downtrend and there is still more correction left but it doesn't mean all that money will go to BCH again. Crypto has its way of surprising you. So stay on your toes. The alts are begging for some love too and some of them might receive some, who knows right?
nginx
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Hmm this is a tricky one. It has actually broken the uptrending line on the 1 hour chart and now we are seeing a short bounce to retest the resistance (previously support). It has already failed the test once and has started heading down as of this writing. So I doubt there is any more steam left but if there is, I would buy around the $1400-$1500 mark once we see a convincing break. It's definitely not a good entry point right now.