alimannn

Everything is ready for Bitcoin's free fall. !!!!!

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Hello friends.

See my past charts. They all indicate a market downturn.

Everything is ready for Bitcoin's free fall.
  Of course, if the whales allow.

Thanks for your attention.
Comment: Hello friends.
Fibonacci 61.8% is the most important bitcoin support or resistance.
In the chart above you can see that the price has gone up to 61.8%. But this line is showing good resistance.
At present, Resistance 9400 is blocking the way for bitcoin.
Thanks for your attention.
Comment: It is acting as predicted.
The 61.8% fibo line showed good resistance.
How beautiful.
Comment: Feel free to share your opinion in the comments section below.

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Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
Trade active: This analysis is still approved.
Comment: Today, if the daily candle closes above 7230, the market is likely to move to 8000-8500 and then fall again.

Comments

Perfect my friend. Simple and beautiful..
+1 Reply
@mbc47, Thank you si much.
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You literally re-post the same chart over and over again.
No new lines. No new perspective. Why waste peoples time if you cannot provide any analysis updated from your last 4 which are identical?

Here is an update from my previous chart.
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alimannn MoneyPatterns
@MoneyPatterns, OK. You don't bother yourself.
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Your Fib retracement is upside down. May tell a different story ;)
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I updated a chart to assist you and your followers avoid any confusion. Hope this helps. Cheers!
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Why does everyone keep comparing current pre-halving 2020 to 2-years+ post-halving?
This is NOT the same time period. You should be looking closer at October 2015. Bitcoin works in 4 YEAR CYCLES.
Count back 4, not 2!
Reply
alimannn MoneyPatterns
@MoneyPatterns, I don't undrestand!!! sorry.
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@alimannn, I can tell that basic math is an issue for most on here. Guess you are trying to fill people with fud.

"This line of code signifies that the number of bitcoins generated per block is set to decrease, with a 50% reduction of bitcoins generated every 210,000 blocks, which can otherwise be interpreted as being approximately every 4 years."
https://www.mycryptopedia.com/bitcoin-halving-a-beginners-guide/
Reply
alimannn MoneyPatterns
@MoneyPatterns, Ascending duplicate patterns can also exist in descending order. In other words, there is no guarantee that another ascending flag pattern will repeat after one duplicate ascending pattern.
It may be repeated and it may not be repeated.
Yes, duplicate patterns can help.
Nice to talk to you.
+1 Reply
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