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Bitbloxx
Jul 27, 2019 11:29 AM

BTC - History repeating itself?  Long

Bitcoin / U.S. dollarBitstamp

Description

We have been following this BITCOIN log chart since Dec '18 and it never disappointed us. BTC has been in a mega bull channel since Mid 2013, and looking at it with past halvings marked makes even more sense.

Cut to the chase, 10EMA on weekly is intact, next halving isn't far away relatively, and lower slope has further validated itself since Feb '19 spike. Putting everything into perspective, we could be looking at a MAJOR bull run close to halving (can't really say before or after, at this point), and we feel you guys are smart enough to work out the "target" in this case ( let's not put price labels here :D )

Comment

10EMA (Weekly) is holding up well, so far. Let's see what happens next.

Comment

10EMA (Weekly) played its part well. Eyes on 16400 now.

Comment

Another attempt at the 10EMA (Weekly) testing nerves :)

Comment

Sticking by it!
Comments
TradingShot
It sure will!
robertogox
LOL wake up from your wet dream
Twinko
@robertogox, did you wake up from your wet dreams? :)
NastyPipz
Same chart keeps getting posted around and treated as a fact. More reasons for it to go down below 3k tbh
badluckbear
@luis081997,
badluckbear
@subpmc, idiot
NastyPipz
@subpmc, why call yourself an idiot? Idiot.
mixmastermarshall
@luis081997, Why in the world would it go down to 3K? Bitcoin is an emerging asset, Governments are slowly accepting that Crypto is here to stay.
The US economy will crash and the world is headed to be digitized. It's clear that nobody wants it to go below 7K at this point.
I don't think it's going to balloon anytime soon but if one thing is clear more and more people are aware of what Bitcoin is and what it can do. Even if its not the end all be all digital asset, it will lead the market for the next 2 years easy. It sounds like someone is salty they didn't buy earlier. Bitcoin will even out around 10K for a while and then will start to grow as the US Dollar weakens by China and Russia's soy/wheat agreement. Ya need to see the big picture bub.
NastyPipz
@mixmastermarshall, I bought in way before you and I got out perfectly. Everything you said is pure speculation not fact. Get a life
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