We are still on track to see increased volatility with a possible short squeeze this week.
23 Aug 2018
- Proshares ETF update - An approval for this from the SEC will change everything and likely invalidate these predicted levels.
- CBOE has a Bitcoin futures settlement, often these days have increased volatility.
The buy/sell levels are based on Fib. Time Trends, Fib. Retrace and GANN trends, as always things can change.
The blue box is an estimate and the blue bars are copied from mid-June since I suspect we could see a similar movement.
Note:
The August target price at $5500 has moved a few days out based on current info the significant drop date should be August 29th +/- 2 days.
The change to the BraveNewCoin Index for Bitcoin ticker is to utilize their data going back to 2010.
I'm validating my methods using the historical BTC data since the 2014-2015 peak was impacted by Mt. Gox.
23 Aug 2018
- Proshares ETF update - An approval for this from the SEC will change everything and likely invalidate these predicted levels.
- CBOE has a Bitcoin futures settlement, often these days have increased volatility.
The buy/sell levels are based on Fib. Time Trends, Fib. Retrace and GANN trends, as always things can change.
The blue box is an estimate and the blue bars are copied from mid-June since I suspect we could see a similar movement.
Note:
The August target price at $5500 has moved a few days out based on current info the significant drop date should be August 29th +/- 2 days.
The change to the BraveNewCoin Index for Bitcoin ticker is to utilize their data going back to 2010.
I'm validating my methods using the historical BTC data since the 2014-2015 peak was impacted by Mt. Gox.
Disclaimer:
The equities and crypto ideas presented are my opinion or a forecast at best.
Please use your own best judgement before investing and remember who ultimately decides to take action.
The equities and crypto ideas presented are my opinion or a forecast at best.
Please use your own best judgement before investing and remember who ultimately decides to take action.