WyckoffMode

Follow Up Explanation WHY Upward Pressure To This Weekend

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
We may likely continue with upward pressure till this weekend or Monday to my 61.8% FIB at $6,149.32. I'm currently seeing our upward pressure potentially coming to exhaustion on or around May 12, 2019. Then I'm expecting us to fall down to one of the black diagonal lines mentioned in this video to $5,522 or to $5,289 before upward pressure begins once again in preparation for the Litecoin Block Halving Event.

2012 REPEAT in My Opinion till $7,820 or $9,222 to New High.

We May Continue With Upward Pressure Till the End of This Week

I have had questions about the Litecoin Block Halving. So, I'm going to provide a few details. The first Litecoin Block Halving event occurred August 25, 2015. The next Litecoin Block Halving is supposed to occur on or around August 19, 2019. https://blockmanity.com/news/litecoin-lt...

Look to the right to see the starting price for each PRIOR to the BEGINNING of the pump; the new high price at the PEAK of the pump and the bottom price AFTER the pump.

WHY is the Litecoin Block Halving EVENT so significant? The amount of Litecoins mined in each block will be cut in half. Which means the SUPPLY WILL BE CUT IN HALF. Which means this may be the last time to accumulate Litecoin at this low of prices.

It is my opinion most all other cryptocurrencies will pump along with Litecoin PRIOR TO the block halving EVENT. I have a hard time seeing Litecoin pumping all by itself. I've also shown how the Gray ENERGY in the 2-Week Time Frame has PLENTY of time to come down to the 50% level in the video of this publication. I've also pointed out we may see the peak of our pump on the 2-Week Candle beginning July 8 or July 22, 2019.

Since the Litecoin Block Halving will commence approximately a week earlier than it did in 2015, we might estimate a similar date to reach the peak of the Litecoin Block Halving Pump. That "peak" was July 10, 2015 for Litecoin and July 12, 2015 for Bitcoin . So, the Gray ENERGY may reach the 50% level in the 2-Week time frame on the 2-Week candle beginning July 8 instead of July 22, 2019. Which see:
Comment: Here's a look at the Weekly (left) and the 2-Week (right) to see what we ANTICIPATE the Gray ENERGY doing in both of those time frames:

Comment:
Comment: Have a look at Godmode in this 12-Day Time Frame:

Comments

Hi David, thanks for the videos

In april 2013 we had a pump and a 80% dump in 2 days crazy volatility. It's like 6700 and down to 1800 at actual prices, 2013 price gone 9400% UP aprox.

BTC Shorts still rising 8% from MAY 3 and price up 5% so the volatility will come from the shorts.

If you have time to view cardano, do you thing it will be possible to acumulate 0'054$ range?

Thanks
+1 Reply
@neki,

Hi Neki,

Apologies for the delay responding...

My wife and I are celebrating our 20th Wedding Anniversary.

I'll answer you properly with a video publication of Cardano later tonight.

Stay Awesome!

; )
+1 Reply
neki WyckoffMode
@WyckoffMode, Congratulations ;)

No worries now bitcoin is the king and alts are sleeping less volume in alts market.

I think is more interesting BTC now. Personally I sell a little today :)
Reply
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