PentarhUdi

Will we ultimately see a textbook flat correction since ATH?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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143
No resistances till weekly SMA200 i see since price broke down historical log trend. Textbook ABC correction since ATH in historical IV wave? Hmmm... So I assume this correction will take much longer than I expected (expected 1 year). Weekly SMA200 should be a perfect bullish entry point as candidate #1 of "THE BOTTOM".

Comments

Everyone is screaming for 3K. We should either bounce from 4k zone or go to 2-2.5k so even 3k buyers gets rekt
+12 Reply
BradTrimas ripple10usd
@ripple10usd, Yep..so dollar cost average
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He did it again. PentarhUdi remains a standard in crypto ta. Good job dude.
+9 Reply
Babka, prosto priznai, chto ti obosralas’
+8 Reply
flippera Fou_Roi
@Fou_Roi, posle 100 pravilnix prognozov 1 raz nepravilno predskazat'... kak on s etim budet jit'...
+1 Reply
satoshizzz Fou_Roi
@Fou_Roi, esli tebe vezde gavnom vonyaet - skoree vsego imenno you are really obosralsya
Reply
Fou_Roi satoshizzz
@satoshizzz, eto ne mne vezde govnom vonyaet, eto ti prosto, govnoed, prinuhalsa, i ne zamechaesh zdes ogromnoi kuchi.
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satoshizzz Fou_Roi
@Fou_Roi, zametil tebya zdes ya srazu je voobshe to, a sudya po oskorbleniyam govnoed zdes toje ti - latentni ))
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After double bottom at DJI, 3.4k is The bottom or still think Weekly SMA200 can touch? @PentarhUdi

Thanks.
+6 Reply
The $1,000,000 dollar question on my mind: Could THIS be "bottom bottom" yet? Or is this just "a bottom"?

If I look at the RSI ... Can it be any lower at all? The Bitcoin is oversold like never before.
I also kinda like the fact, that many "analysts" start writing "Bitcoin is dead", "RIP Bitcoin", "Game over" and stuff... This is actually a very good sign. I am serious!
+4 Reply
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