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High_Altitude_Investing
Nov 9, 2017 1:16 AM

Bitcoin fibonacci and extended targets (LONG)  Long

Bitcoin / DollarBitfinex

Description

Bitcoin seems to be following
a fibonacci resistance sequence
causing me to think we could
have pumping to 10,000$ and
even higher 13 would be the next
fibonacci number and It would be
quite the novelty to have it stop there!

time will tell!! going to be trailing
up my stop-loss by 500$ increments
manually as we go parabolic

Best of luck and stay profitable out there!

Comment

NO BITCOIN IS NOT DEAD TRADINGVIEW DON'T BELIEVE THE FUD AND ILLOGICAL TA BECAUSE BITCOIN DRIVES THIS MARKET AND STILL NEEDS A EXTENDED 5th WAVE

Comment

BTFD

Comment

Corrective wave structure and timing for bitcoin
Comments
RafeGibbons
ready for Christmas - perfect :D
Omnixau
Happens in the lower values as well before entering $1000's.


High_Altitude_Investing
@Omnixau, Very nice find! and thanks for the detailed email I enjoyed your perspective !
Yurii_BTC
go long here and get rekt
VanBenno
Fork is cancelled... Might want to change your analysis.

Correction inbound*

There wasn't much "new money" coming in that pumped BTC to this price, it was all the ALT holders that sold their tokens to get free B2X coins, now that that isn't happening, guess what?

We're going back to the alts... All 75 Billion USD worth of us.
VanBenno
@VanBenno, 40 BN, sorry.
WillCarter
@VanBenno, @Dalin_anderson I'm interested in your perspective on the fork cancellation. You've been strangely quiet, is that because it's fundamentals and your a technicals guy?
zpvsgu
Greetings from Ireland! Thanks for all the analysis, we are forever grateful to you!
High_Altitude_Investing
@zpvsgu, Thank you! I appreciate the good words :)
fossf
Thanks Dalin_anderson for the analysis!
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