After barely surviving a Death Shark Monster, some Illuminati Super Sayans, Communist Fighter Jets, Litecoin SegWit bombs, a Mt. BFX Missile and a very suspicious Bitel Castro, it seems like nothing can stop Bitcoin. But then, right after some bulls were declaring victory and going long with their life savings, a mighty creature appeared: Bitagon.
Where will it take Bitcoin? doesn't seem to me his intentions are the best. We're about to find out so stay tuned!
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting updates as I have been doing in my previous posts.
Technical version:
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Previous entry:
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Triple Tops!
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Went up, but this is looking like a BEARISH ABANDONED BABY formation now.
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Bitagon attacked Bitcoin!
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This will likely break down.
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Current status.
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Even though there is a lot of manipulation in the price because of the situation at BitFinex and USDT, price has climbed a bit higher than I expected, but it hasn't been able to climb the current level.
There could be a retracement after the french elections. If the price increases, this idea will be invalidated.
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Still within the channel. There is also a rising wedge.