I have kept my mouth shut about this because I dare not influence someone to make a losing trading decision based on my opinion. SO, I am rather reporting the news as it happens, and keeping my eyes peeled for clues on the immediate forecast.
RIGHT NOW, Bitcoin is touching down on the known magical Big Red 4.236 fib circle boundary that has brought us so many gravitational price-pulling moments in the past. There are 3 things that will happen: Bounce, Crawl, or Dive.
We will either bounce up off the line right away, crawl up the line a bit, or take a nose dive straight down to the 4.618 line. But within all three of these scenarios, the overall trend is still within a big bearish trading channel. Despite all of the dunder-heads on YouTube popping off at the mouth screaming "BREAKOUT!" at least once a day for the past several months, we remain in a bear market. But back to the point, we are de
HOLD UP FOLKS, WE HAVE TAKEN A DEEP DIVE OFF THE 2.436 FIB BOUNDARY RIGHT AS THIS UPDATE WAS BEING TYPED!!!
This is monumental and exciting! I will have to end this post to watch the action, but we have blown right through the $7800 target that I have been watching for from mid-summer on! Please allow me to apologize for the truncated post, but be VERY CAREFUL if you are trading at this time. Next post I will talk about how low I think the market could get, and the probabilities!
Carlton Flowers
The CryptoPro
RIGHT NOW, Bitcoin is touching down on the known magical Big Red 4.236 fib circle boundary that has brought us so many gravitational price-pulling moments in the past. There are 3 things that will happen: Bounce, Crawl, or Dive.
We will either bounce up off the line right away, crawl up the line a bit, or take a nose dive straight down to the 4.618 line. But within all three of these scenarios, the overall trend is still within a big bearish trading channel. Despite all of the dunder-heads on YouTube popping off at the mouth screaming "BREAKOUT!" at least once a day for the past several months, we remain in a bear market. But back to the point, we are de
HOLD UP FOLKS, WE HAVE TAKEN A DEEP DIVE OFF THE 2.436 FIB BOUNDARY RIGHT AS THIS UPDATE WAS BEING TYPED!!!
This is monumental and exciting! I will have to end this post to watch the action, but we have blown right through the $7800 target that I have been watching for from mid-summer on! Please allow me to apologize for the truncated post, but be VERY CAREFUL if you are trading at this time. Next post I will talk about how low I think the market could get, and the probabilities!
Carlton Flowers
The CryptoPro