TheSignalyst

BTCUSD - Quick Video Update!

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
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Here is the top-down analysis for BTCUSD , feel free to request any pair/instrument or ask any questions in the comment section below.

Best of luck!
This analysis is done using RichTL indicator
http://www.RichTL.com

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Comments

Great video, as usual.
Thanks for the BTC update.
+3 Reply
TheSignalyst BelowZero
@BelowZero, thank you gentleman :D
Reply
It will continue to go higher, for the moment. I also believe the max target will probably be around the 70s. One thing will happen for sure, afterwards, we should expect a massive downfall. Just thinking of the fact that BTC exploded 1800% in one year, 100% (32k) since mid December until now, mid April (64k). This cannot go up forever, without a massive correction - what goes up, must come down, we haven't learned yet how to defy gravity...haha. Anyways, thanks for the update, as usual, Rich teaching us to get rich :) . Nice and slow, how most things should be. Cheers mate, thanks for the contribution, and have a blasting week !
+2 Reply
@MBGD, thank you gentleman! that was a good read. your thoughts are highly appreciated. haha and yeah no doubt, we wait like sinpers. if it goes up straight from here, we would be happy as we are holding it, and if it retests, then we will be looking for opportunities to add more ;)
Reply
Thanks for sharing
+2 Reply
@P_S_trade thank you dear PStrade
Reply
In your chart, each time that we have consolidated and then pushed up through the resistance towards an ATH, it was also quickly followed by a 'correction'. This may happen quickly. I appreciate your 'let's take this one step at a time' approach.
+2 Reply
@conradkz, thank you gentleman! let's wait and see yes :D good luck
Reply
Thanks rich
+1 Reply
@Nizar68, my pleasure Nizar
Reply
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