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WyckoffMode
Apr 22, 2020 5:45 PM

$10.5k Minimum but LIKELY $14,611 by First Week of June, 2020. Long

Bitcoin / U.S. dollarBitstamp

Description

The previous dip (in my honest opinion) was your last chance to accumulate Bitcoin at a cheaper price than what it's about to be over the next several weeks to the last week of May or first week of June, 2020. We have a new 16-Day Candle that just began today; indicating an early signal for an exponential rise in the price action to commence once the White Energy crosses above the 50 percent level. I'm expecting the White Energy to cross above the 50 percent level the NEXT 16-Day Candle. Which means the next 15.5 days will continue with SLOW UPWARD PRESSURE AND PRICE ACTION SLOWLY BUILDING UPWARD. Then all hell unleashes the next 16-Day Candle with an exponential rise to as high as $14,611.



Here's the previous publication on the 16-Day Candle posted April 20, 2020: "It's About to Get Real the Next 16-Day Candle on April 22, 2020."

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I welcome all nay-sayers! Come one... Come all... Feel free to post your comment WITH SUPPORT in the comments section! Let's keep it civil... Let's keep it Awesome, please!

; )

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PRICE DOWN PICK UP!!!
youtube.com/watch?v=asee3R3adnw

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A look at my projections using the Weekly Time Frame:

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BTCUSD Bitfinex (Top); BTCUSD Short Contracts Bitfinex (Middle); BTCUSD Long Contracts Bitfinex (Bottom):

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Daily (24h) Showing WHERE we are when comparing 4th Qtr. 2015 to Present Day:

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More time frames available for comparison in the following publication:
Comments
Miamicane1
It truly amazes me with all the negative noise from these brave keyboard warriors hiding in mommy's basement. Grow up. I do not see their analysis. There should be a way to down vote these clowns
WyckoffMode
@Miamicane1,

ROFLMAO... I don't mind... If it makes them feel better... FOR NOW... So be it...

; )
Popovich
I care not what other people think just because the more popular posts these days preach a dump from the current plateau because, well, they say it looks like one. No for christ' sake they don't even rely on RSI MACD etc, but dump they say it will, so people follow it. It is akin to what human beings did regarding bloodletting, witch hunting, even modern day lobotomy. They followed such barbaric practices because back in the day it was held as the pinnicle of wisdom by non-truth-seekers, until disproven by truth seekers. I commend you sir for truth-seeking than following the herd in the name of truth-seeking. At least we know we are approaching the truth, not the asses of cattles in front.

In light of such spirit however I have scruples about the 5-6D TF as they perilously hangs near 50 level, even when 12-16D TFs appear bullish now. We could very well have red 16D candles even when we are generally bullish, having episodes of dip/dump given by the mid TFs. I know you have discussed those part by referring to 3200 bottom where things looked similar. I just worry if we have sideways even large dips somewhere before the general uptrend resumes.
WyckoffMode
@Popovich,

Hi Popovich,

Good questions... I'll address them hopefully, when I do a video publication update. Currently sitting here with my wife and son. I'm not sure if I will address your questions later tonight or early in the morning. We'll see...

Thanks again for adding to the discussion.

Stay Awesome!

David
Popovich
@WyckoffMode, No worry take your time
MrPipa
Hi David, wanted to ask do you a quick question. Do you see any bigger dips or quick dumps in the next 3 weeks or so?
MrPipa
Just wanted to correct this statement abit.. I feel like we’re going to thrust up towards the weekend. However I also feel like a dip/dump will follow or complete in the next 2/3 weeks.

Wondering if you see anything that points to that
WyckoffMode
@mike.pereira08,

I'm currently not seeing anything pointing towards a dip/dump in 2 to 3 weeks. However, it's likely we have a DIP on the way up before having a dump. This is if my TA is correct of course.
ich1baN
@WyckoffMode, so in other words a dip as it's rising to say 10k down to 9k or something like this?
WyckoffMode
@ich1baN,

I think a LOT of people are going to get burned trying to short this on the way up. My opinion of course...

Have a look at the following publication just posted a few minutes ago. Be sure to scroll down to comments to see the MULTIPLE TIME FRAMES I posted for comparison of 2015 to present day. It will be DANGEROUS to short from here until June in my opinion.

"Where Are We Present Day When Comparing to 4th Quarter, 2015?"
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