Spoofing Alert: FAKE ASK AND BUY BIDS CAUSED RECENT HIGHDrop Alert: Be Aware, A Massive Pullback could happen Any Minute
Over the last 8 hours or so, we reached the previous June Trend-Line, yet not because of buying Bitcoin, it happened through the systematic use of Spoofing fake buy and ask bids that artificially drove the cost up and if they remove their fake bids Bitcoin will drop back down to the previous low and as low as $9,200
Consistent Consolidation for a Breakout Remains at $9,200 to $9,600
Just another Greed-based Run-up that will cause a Massive Dead-Fall Drop almost Straight Down, just like the previous 3 before this ruthless run-up!
We have officially Left the Trend-Line Reduction Zone and the New Trend-Line is at $9,659.019 and we are trending up with a total Trend-Line loss of $1,470.00
At the Current Trend-Line Rate of $9,659.019 plus a Trend-Line Increase Rate of $160.14 per day, Bitcoin will be worth nearly $65,000.00 in 365 days...
Bitcoin was moving down through a Trend-line Reduction Zone over the last six days at a rate of $1,148.33 Per day and as it did it established a new Trend-line at $9,659.01, which caused a Trend-line loss of $1,470.00 (Bitcoin's Actual Worth)... As the CryptoCurrency dropped it also continued to progress up the Main June Trend-line at a daily increase rate of $160.14 Per day, which now continues upward on the new Trend-line... The Bitcoin Currency may or may not return to the previous June Trend-line, yet either way, the Trend-line is still moving up at the same daily rate as before the Reduction and it remains unaffected by day trading activity... When Bitcoin Peaked at $13,849.00 on June 26th, it was an ambitious attempt to recapture the Previous Trend-line from May that experienced a $3,000.00 dollar loss after a Trend-line Reduction that dropped from approximately $9,000.00 down to $6,000.00, which started the June Trend-line that is currently moving up at an expansion rate of $160.14 per day... Late day trading brought on a rally that topped out at $10.916.82, which further established its new ceiling above the baseline of $9,659.019 and that offer lots of room for substantial day trade opportunity to profit over the next few weeks as it climbs back up toward it new high of $13,849.00... At the current Trend-Line of $9,659.019 plus the daily increase of $160.14, Bitcoin will be worth nearly $65,000 in the next 365 days and nearly $195,000.00 by the end of the next 3 Years and likewise the Trend-Line is likely to jump up several times with further institutional investments (Like Retirement Funding for Teachers)...
Bitcoinanalyse
2 SHORT Areas on BTC /USD Now we have two BIG Short Areas on BTC/USD .
1 Area is by 3900$ - 3970$
2 Area is by 4049$ - $145$
We could have a PUMP to this 2 Areas. Be careful about your Leverage if you make some Short Orders by the FIRST Area! ( Leverage 5-10 )
Yesterday my SHORT got into my STOP LOSS.
It is always important for traders to understand why he chose this direction.
Today I could not figure out why we had an increase. That's why I'm very careful with the leverage right now.
So the BIG Resistence by 4000$ is too heavy to break through. Why? Less VOLUMEN.
So we can make BIG Short ORDERS at this area.
Your mikl_owl
BTCUSD - Nice bullish move but still bearishWe´ve seen a nice bullish move on the weekend. Over 300$ upward and everybody is looking to the moon. Breaking the little ascending triangle ist definitely a small bullish signal. The upper line of the triangle is the new little resistance which was tested today and i expect an additional move to the area of 4.260/4.330$.
I have to review my bearish attitude when we break the level of 4.400$ for a higher high. After a break of that level we have to wait out if this level will be a new resistance. If we don´t break the neckline and create a higher high there is no reason be bullish on bitcoin.
Don´t get me wrong, i am a supporter of bitcoin but there is no reason to buy at the moment, it is just speculation.


