BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
3750 35
Bitcoin is forming Bullish Gartley right now. I believe this pattern will end this bear market and we will see new ath soon enough.
Now what?
These patterns are not as reliable as people would like to believe. The pattern won't end anything. Bitcoin needs more buyers. That's what will turn things around. Unfortunately, Bitcoin has gotten a bad reputation. So getting more buyers to come into the market won't be easy, unless confidence in Bitcoin is gained on a massive scale. Having said that, price will likely continue to fall in spite of this wishful pattern.
+1 Reply

Cryptocurrency DOWNTERND END is near!!! Just HODL or buy .
The last major downtrend line is so near .

It could end sooner if we all push to 13500 and downtrend is broken .

This time no more selling bitcoin or buying other altcoins,
Also ignor all bad media news.
Ignor altcoins until bitcoin is more than 20 000$ again.

Then your dreamed cryptomarket can run again. :)

I believe it.
Like i believe in Alan who made the buy in wall as it is.
Think your right but c'ant be sure. Jan was always going to be a dog but I hope Feb won't bite. Feb should see a pick up in vol.
13.888 to be broken mid feb!!!!
Comon' bitcoin, nice waves 1 and 2 of the 3rd wave in progress. Time for the huge boom the wave 3 in wave is hiding.
I think you need to look at larger timeframes. We'd had major resistance from 50dma for a while now. Lots of major overhead tests to overcome first. Don't fight the trend and path of least resistance, which is down. Only let technicals confirm a trend up or down. Lot of false breakouts and overshoots lately, sucking in more bulls. This thing is going to 8000, period. 10,900 range will be a good add-on short entry point.
Exess17 josephtse
@josephtse, lol
"Bitcoin" -- " ? " -- "If" -- " ? " -- Support Holds $9,222.00 -- " ? "
66.6% or better chance this will happen. (At This Time 1-31-2018)
---------------- "First Resistasance = $11,989.15"
#1 = "Could" --- Trade Above $1,3052.12 --- " ? " -- "Second Resistance"
#2 = Then "CRASH" -- 66.6% Chance or Better This Will Happen.
#3 = Trade Below $5,555.55 = 33.3% -- Chance or Better This Will Happen.
This Is For Information Only. --- Trade at "Your" own risk.
This "Is Not" a trading recommendation.
--------- "Just Sharing" -- What -- "I" -- See At This Time.
Let's See What Happens. -- "Good Luck" -- and -- "Good Trading"
@jeffreyjim, Man, that is some unnecessary use of "quotation marks"---------and--------- hyphen------- even the interrogation sign has quotation marks. So damn ugly to read
jeffreyjim, "Good" -- don't read it.
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