BrianCT

BTC: Nobody Knows What They're Talking About

Long
BrianCT Updated   
BITSTAMP:BTCUSD   Bitcoin
Fib retracements. Elliot waves. RSI. MACD.

None of these things matter. Nobody knows BTC's next move and trying to gauge trends is pointless, considering speculative interest in BTC is absolutely irrational and the entire market is a $@@#ing zoo.

The only useful thing analysts can do at this point is identify support and resistance lines and read the news. Everything else is useless.

Bitcoin to $308,010,010,049,2049,1388 by 2089.

Trade active:

We've seen a head aand shoulders and fib retracecment @.618, fundamentals look good Trump is replacing the USD with BTC 5.80% . Long lived fiat, fiat is dead.

According to MACDRSISTOCHASTICCBRUHHHBRUUHH BTC 5.80% is overbought so we'll be seeing a sliught pullback within the next week, followed by parabolic swing to $40k. John McAfee predicts $250k based on demand for supply and volume of levels.

Entry: $10,449:
Price Target: $39,888
Stop-Loss: $0.13
Comment:
Wouldn't it be great if BTC actually followed the price path I arbitrarily threw on the original chART?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.