AdrianZieniewicz
Long

Bullish long term scenario for btc - early signal to buy

POLONIEX:BTCUSDT   Bitcoin / Tether USD
Let's keep an eye on this. MACD is pointing at a reversal soon. This will be interesting.

To understand how I arrived to this chart, please take a look at my previous analyses linked in the related idea:
Jan 29
Comment: Other coins are showing signs of accumulation/recovery and potential upwards movement so I think that Bitcoin can flex a muscle, too.
Feb 01
Trade active: You can easily short it to $8500 - should be easy money. If the next support line is broken, open new short trades every 5% or so (loose idea).
Hi, you think we're going up yet?
Reply
Hi @darobsta, there are signs of a reversal now. I'd like to see a big green candle within the next couple of days. The risk seems to be relatively low for now, at least for some short-term action so I'm pretty sure we can see a bump soon, I'm not sure how long it can last though but I like this steady sideways movement.
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darobsta AdrianZieniewicz
@AdrianZieniewicz, yes, does seem to be going up, not convinced it's strong enough yet though. Hopefully we recharge without taking a tumble to the next rising support
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I think my optimistic scenario may not come true after all. The volume is depressingly low, there's no pushing force behind Bitcoin, it's slowly sinking.
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holy shit...this is the most boldest prediction i have come across today...the next best is $14k
+1 Reply
@tammy007, it can drop even to $5k but it's hovering around a support and the MACD is showing signs of possible reversal, the partern is also becoming a falling wedge suggesting a bounce.
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