Yup, for those that weren't aware (and I haven't seen a lot of charts on it, if any at all), there is a special chart pattern/formation that can tell us everything we need to know about Bitcoin if it ends up being valid.
The formation in question here is the Rounding Bottom Chart Formation.
This is something that I have not seen ANY one post about!
Bitcoin is not for just traders. Its not for the elite. To be decentralized entails alot of things but we forget rhe most important; Helping the ones in need, helping the poor. Now you know its potential but everyone needs to be on board. Give fractions to the less privileged and educate them on what it is and its potential. You know now the power of Bitcoin....
How fast does travel travel today? The speed of light? How fast do the Internet memes get around? minutes, hours, days, weeks? Not long at all. How long does it take to viral YouTube video to spread around the world? No time at all. How long does it take for a black swan to sweep through an already shaky financial system? Does 2008 come to mind?
Now that the US...
I do believe it might be the bottom also think it may take some time to consolidate here ( week, month or maybe two months ? ) but if thats the case better alcoin days are coming. Looks like it might be good time to start accumulate ...
Bullish scenario will be cancelled with two consecutive daily close below 0,0185
the float is assigned to somebody else. notice the character of price elasticity
and incognito under the radar moves with no fan fare coming from $23
this is a mark of a professionally handled asset class.
a matured veteran who knows how to provide blessing both the LONG & SHORT speculators
Chart includes real stuff + my dumb drawings. The Fib levels are what's important, but imagine an EW pattern or something, you get it. Don't think I believe the action will follow the path of my dumb drawings.
This is a "what if" we get a similar ratio both in time and price to the previous two Bitcoin halvings. This includes the future ones too.
The MACD is falling diverging on the bearish side as well. 4-Hour chart also suggests that the inflection point is near. However, on the four-hour chart, the approx probability of bull and bear is about 25% and 75% respectively.
All information is provided in the chart. (Point on Yellow-notes on chart to see description)
Craig Wright has been granted copyright registrations by the US for the original 2008 Bitcoin (BTC) whitepaper as well as most of the original code, bolstering his claims to be the pseudonymous Satoshi Nakamoto.
The US Copyright Office is the first government...