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fifty2kph
Mar 11, 2019 3:23 PM

Bitcoin: Emotional Candlesticks - A Fun Prediction Long

Bitcoin / U.S. dollarBitstamp

Description

Oh, why not? Why not make a prediction? A little fun speculation to brighten up the boring (assumed) bottom building.

Just relaxing after a day at work, looking at the Bitcoin daily, because that's how I relax, apparently. Thoughts: after a bull market, the decline of the price MUST affect people emotionally the same way, right? I mean it was only 4 years ago, have we evolved THAT much? Not even lightning network is THAT fast. So there we go, you see the chart, you see the numbers, you see what I'm thinking. Who knows; it's just a little fun. It's just something a whipped up very quickly so excuse the messiness.

Any thoughts or any of your own predictions, fun or serious, fire away below.
Comments
obinex7g
Its funny how everyone focuses on some parts of the 2015 fractals and ignore other parts! Pull out your MA's/EMA's and you will notice that the 20 50 100 n 200 MA,s had to come down to our 2015 trading range(220$-308$) before we could break them and hold them as support until OCT 2015 daily golden cross. Be patient for the 200ma to come into our trading range -3,700$ (in June 2019), BTC wont pump to meet it. 4350-3150 is the range for the bulls until the golden cross on the EMA occurs!
fifty2kph
@obinex7g, yeah, it was just for fun. Can't disagree with anything you've said. My other charts do compare MA, RSI, MACD, Coppock Curve etc.
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