10/16/2019 - PlanB "We are at about 6 months before May 2020 #bitcoin halving. In 2012 btc jumped from $5 to $12 (2.3x) in those 6 months before the halving. In 2016 btc jumped from $350 to $650 (1.7x)."
He goes on to say in the RealVision interview that sometime between now and 12/2021 BTC will hit 100k or higher.
I believe in this projection. I strongly believe...
People are saying that buyers are drying up....but so are sellers.
Totally flat price action. Bitcoin is never flat unless it's bear market or accumulation time. I feel this is NOT a bear market as sellers are not willing to short further. Whales are not willing to sell current BTC in volume to create a further drop, because people are HODLing.
MACD - still...
Bullish divergence on weekly holding with 8 count on TD Sequential. Looks like $7700 is the line between bulls/bears. MACD on weekly should be turning bullish around Nov. 4th week, right when chart lines up to pivot upwards.
In my opinion we see a slow turn in the next two weeks. Buy it while you can ladies and gentlemen.
Sorry about getting cut off at the end, forgot to look up at the time. The point was if the whales know we are all educated now they will make things happen to scare the little guy out of his or her position.
WYCOFF TREND INDICATOR!