Possible Sideways Rest of 2020; Up Exponential 1st Quarter 2021.
Hi Everyone! I've been sitting around brainstorming with some "Fundamental Analysis" regarding how the Financials, potential FIAT failure, fear of bank failure, etc... could potentially affect Bitcoin and other top 20 decentralized crypto currencies. I'm also considering how our NEW 9-Day Candle currently has the Green Line falling on October 6th in similar fashion to October 6th, 2012. It's actually quite possible for the Red RSI to continue falling to around 50 where we may see a bounce back to the upside around the 44 to 50 level for the Red RSI between mid November and early December, 2020 just before going up exponentially first quarter of 2021.
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We will need to monitor indicators in time frames lower than this 9-Day time frame to determine the "odds" of similar price movement present day to October, 2012 to April, 2013 date range.
We will need to monitor indicators in time frames lower than this 9-Day time frame to determine the "odds" of similar price movement present day to October, 2012 to April, 2013 date range.
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UPDATE:
I tried an 18 minute 22 second video but it locked up when uploading. So, I'm going to fix a cup of coffee and do a LIVE Stream after my pot of coffee is complete. This may take about 10 to 15 minutes.
I tried an 18 minute 22 second video but it locked up when uploading. So, I'm going to fix a cup of coffee and do a LIVE Stream after my pot of coffee is complete. This may take about 10 to 15 minutes.
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IMPORTANT UPDATE... Be sure to look at additional charts with comments in the description of the publication below:
IMPORTANT UPDATE... Be sure to look at additional charts with comments in the description of the publication below:
Here is an example of LARGE INTEREST accumulating: Grayscale currently holds $5.8 Billion in various crypto currencies: twitter.com/Grayscal.../1313581864402194432