I believe we are going to go below 5k. BTC is high risk now, both for shorts and for longs. And with all the nonsense going on with Trump and the attempt to impeach him, the markets are going to be chaotic for a while. If Trump ends up getting thrown out of office, then I won't be surprised if everything crashes. Major news has a way of impacting the markets in a significant way. That's why it is important to pay attention to fundamentals.
PinkCryptoVN
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@kardia, Yes, that's why I close this scenario. BTC is going lower and lower.
kardia
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@PinkCryptoVN, This will likely go on for months if not years. I think 2017 has filled people with too much hopium. It's good to have dreams, but there comes a point when you have to be practical. Just because something happened in the past, it doesn't mean it has to happen in the future.
kardia
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@PinkCryptoVN, go to a 50 day chart and look at the July 20th candle. It's the chart most people weren't looking at. The forewarning has been there for a long time. It's important for traders to pay attention to higher time frames. I cringe when I see people make big price predictions using smaller time frames. The charts most people think don't matter often give the most important clues.
RobertheBruce
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Then you think we will not touch to bottom of descending triangle at 9150 but travel from 9500 to 11600? I want to buy before breakup the triangle but i am not sure shall i buy from 9500 or wait 9150? I think these levels will be last chance before go to 16k. Asuka Chan says it will be 16k in october and just 22 days remained to october. she guessed it in january and until now her april and july prediction was excatly true. also successfully predicted that 15 december was bottom of the trend.
RobertheBruce
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@RobertheBruce, diamond has been broken then target of diamond is at least 9750. but i dont know further of it.
PinkCryptoVN
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@RobertheBruce, I wish it goes to 16K too, but I don't see it. Maximum price it can go up next is 12.5K, and that is it. We're going down to 4.7k.
RobertheBruce
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we cant open that link, that photo probably belong to your account