BTCUSD - Bitstamp - Part 1 of 3 - Read Comments Before Playing.

Keep in mind I'm not finish sharing my thoughts yet with this one video. This first one may sound very bearish at the moment. Which means I do not want you to "panic." If you're still holding bitcoin, there's still time to make a decision on what to do based on current 3 part analysis. So, let me finish with all three parts before making a decision. The next video (Part 2) will focus on indicators in lower time frames. The last video will focus on Wyckoff Method of analysis.

Comment:

My wife is still taking care of her mother at her house after hip replacement surgery. She just called and told me dinner will be ready in approximately 20 minutes. I'm going to drive 7 minutes to eat with them then come back to finish Part 2 and 3 of this 3 Part Weekly Outlook for BTCUSD.

Reminder: No need to "panic." I honestly don't see a dump in the making. At least not yet. There may be no dump at all in the near future. I'll be back to finish up the two remaining parts in about 1.5 hours.

Comment:

We have a new Daily (1440m), 2-Day, 4-Day, 7-Day and 14-Day candle beginning in 5 minutes. I'll begin making Part 2 once the candles and indicators update.