PentarhUdi
Long

Some short term thoughts

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
31246 views
227
This is not more than 4 months prediction, as I spotted new bullish channel . According to my idea price may reach ATH area in 2 months with following some triangle-like consolidation. For EW lovers - I think price is in starting local III wave with all 3rd-wave-specific bullish drama around. Wave length is around 2 months.
Comment: I see people surprised why am I sharing such bullish idea while Bitcoin experiencing flash crash. This is obvious for me, I didn't mentioned...

$10k area was strong resistance for a long time. Price can't just penetrate it and go up without retesting. So Bitcoin experience a pullback to $10k to ensure it is support now. So I expected this move and it is absolutely normal for me. Of course, if 10k will hold :) I am sure it will, if not - this idea is shit.
Comment: Looks like Bitcoin doesn't like my lower trend line for a while...

Comments

Alhamdulillah
+21 Reply
Bossian Spofas
@Spofas, lol
+1 Reply
@Spofas, bless you
+2 Reply
Oh yes, all right. This could become another prime example of how phophets fall.
+7 Reply
CryptoDann ReallyMe
@ReallyMe, always possible, but remember, the fallen magicpoopcannon also predicted 17k+ in his most recent analysis (even though he has been MIA for a few months). If two of the biggest TA home runners of crypto are calling for higher prices, I would not doubt it just yet.
+1 Reply
ReallyMe CryptoDann
@CryptoDann, I would
Reply
lilothebest ReallyMe
@ReallyMe, an unrealistic " not really " target doesnt mean the idea will fail
in markets anything can happen

just trust your tools and your stop
Reply
angularly ReallyMe
@ReallyMe, well many of his short term predictions have failed previously, but long term predictions seem to be quite accurate.
Reply
Ma Sha Allah
+5 Reply
prophet is back
+5 Reply
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