Bitcoin reached yet another benchmark ($13000) which seemed impossible at the beginning of the year and bullish investors say "we want more"!
At least this is what I said and got greedy (Target 10400 and 12300) when the price was even below 9000, but on a clear accumulation phase according to the pattern...
BTC dominance is almost to the highs of December 2017.
We are back in insanity mode and that means greed and emotions are running high.
As I keep repeating... Do not short BTC while we are in a daily uptrend, and this daily uptrend is going to hold up a while. Tons of space of a daily higher low when we lose the 4 hour uptrend.
We just had a 15...
im sorry everyone for suggesting a short the whole way up I was wrong im sorry if anyone listened to my advice I had my bitcoins in the bag and I fucked up and this whole time I have been hoping for just a correction another chance to get back in but.... it doesn't look like that is going to happen anymore... I just don't know im sorry if I mislead anyone.... I...
Yesterday we told you that $12K is a matter of hours.
In fact, the BTC price gained 60% within the last 3 weeks.
From the current price, we have the same way up.
To reach $20K we just need additionally 60%.
It can happen in the forthcoming 3 weeks.
This would be really...
Price has moved up in 5 waves and appears to be complete. This would be a larger degree wave (1) of (circle on chart). Expecting price to move down as and ABC to the 3, 4 area . From here it should move up as a wave (3). For those in BTC it may be prudent to take profits here or put in a sell order somewhere below.
Okay we touched 13k last night which is great news for the bulls. I see some resistance above the candles now around that fib. I also see the former uptrend that was resistance will now likely act as support which led me to draw out this pennant. It may be invalidated within hours but If It does stay in the pennant I see the candles being coiled inside and popping...
Price of bitcoin got very close to 13k overnight and as all my readers know we constantly continued to call for higher levels as per the wave principle so I will take a well deserved victory lap up here if you don't mind. I also know that when you do that the market gods will slap you around to show who's boss. I will continue to respect this trend until its over...
BTC/USD is on the journey to the Interstellar space..
can BTC/USD breach through earth atmosphere or it will be alter the course back to earth and back to hell ??
we will find out 1 year later.
Bitcoin is Re-born and Continues to Race Towards New Highs with Facebook LIBRA’s Reveal
As predicted in our previous post about BTC/USD, the price remains bullish. However, the buyers are on the dominant side here because of the launching of Facebook’s LIBRA. LIBRA brings new hope for cryptocurrencies to be raised.
The last rally happened due to the giant, social...
I know it's crazy, confusing not speaking about euphoric.
We can speculate until next year what makes moves this asset; there is real volcanic activity beneath this insane mountain!
Remember Bitcoin is similar to Uranus planet (Aquarius) typical to spend time far from ground mainly to rebel against any rule / authority or standard to control him.
Possible retracement levels.
Pay special attention to $8738 and $7450 levels.
Today's move is not organic, it's mainly fomo. Some people are going to take some profits before we can see further up movement.
I could never see anybody posting the "real" Market Cycle on #bitcoin .
Always it was either wrong or just made no sense.
But now I think this really looks like this might be the text-book Market Cycle
example as it is being taught in economics.
Follow for more charts like this one! : )
Good Luck Trading!