B166ERcrypto

B166ERcrypto Updated 

These are the signs you want to see if you're hopiuming for a Bitcoin Bull Run. Bitcoin has been coiling up like a snake ready to strike at the ATH for years now. Of course the Market Makers gave us a beautiful Bull Trap fakeout as it bust through staunch resistance...but guess what? Bitcoin is now building support on top of that trend line created by the 2017...

B166ERcrypto Updated 

Steve from Crypto Crew University mentioned this as a possibility in today's video. I confirmed that there is a "Contracting Triangle" type of Elliot Wave correction here that fits Bitcoin's price action: bullwaves.org What do you think? Can any Elliot Wave Fans confirm or deny this?

B166ERcrypto Updated 

Bitcoin is about to launch into the stratosphere...again.

B166ERcrypto

Compare this chart from the 2016 halving with my chart of the 2020 halving: The halving makes Bitcoin cheaper to pump. So the insiders have to wait until the halving, shake out the weak hands, then pump. Hope this helps you with your life goals! Peace, Love, & Crypto, B166er

B166ERcrypto

Hello old friend. The most conservative way to draw this trend line on a non-logarithmic chart. Important to watch. Peace, Love, & Crypto, B166er

B166ERcrypto

You're looking at Bitcoin's price chart upside down. It looks BEARISH AF...from day one. That's one helluva downtrend. Gonna hit zero at some point. But wait, it's an INVERTED chart. If Bitcoin has been in a bear market during it's entire existence with no end in sight, what do you think that means for the normal chart? Think about it. Take all the time you...

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It's on!

B166ERcrypto

Look at the pink line. Crypto has broken above the trend line and built support. Alts may be front-running BTC as accumulation and hodling behavior is strong.

B166ERcrypto

There's a lot going on here. Check the chart for text. A lot of bullish indications in the chart but we're STILL in a two year downtrend. Structure has not been broken. Bitcoin is more manipulated than ever before. The players have deep, deep pockets, almost infinite money. They can afford to drive the price down if needed to flush out the competition. Remain...

B166ERcrypto

I hope everyone is doing okay! Here we are, back at the parabolic adoption curve! I think it's possible that we see another dump after the halving for one last flushing of the mining turds before a bubble occurs. Doesn't have to happen but it wouldn't surprise me. I'm also waiting for the other shoe to drop in the overall economy. Treading lightly with trading...

B166ERcrypto Updated 

Bitcoin is just 25% away from getting back in the parabolic growth channel. We may never get back into it but it's not out of the cards. It would be interesting to see that market structure remain intact after such a blow. That would be very, very telling of Bitcoin. Peace, Love, & Crypto, B166ER

B166ERcrypto

Once miner capitulation ends, Bitcoin tends to go on a bull run. Look left on the chart and see for yourself. Doesn't mean that price WILL boom, just that it has in the past. Past performance does not indicate future results. Peace, Love, & Crypto, B166ER

B166ERcrypto

This is it...another test of the Parabolic Adoption Curve. This trend line has held support through all of the bottoms in Bitcoin. It has withstood selling pressure of an entire decade. Is this about to come to an end? Can a broad recession break this trend? If it fails to hold...then Bitcoin will take a plunge deep down into crypto hell. I am watching this...

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We got the first green candle in January. February didn't disappoint. March lookin fine as hell as we squeeze further into the tip of the triangle. This is one sexy chart. I like how the Bitcoin price twerks up and down. Not financial advice. Peace, Love, & Crypto, B166ER

B166ERcrypto

Bitcoin has an UNBROKEN trend line going back to the genesis block. This trend line has acted as STAUNCH support for over 10 years, with thousands upon thousands of data points CONFIRMING this. It's not up for debate, this trend line is the strongest and most reliable in Bitcoin, and it's right there in the price action on the chart. It's the closest thing we have...

B166ERcrypto Updated 

The market insiders' business model is to create fear of missing out, or FOMO, and then panic in a way so that it is at once both cyclic yet appears random. FOMO is when demand outpaces the "fair value" of an asset. It's "overvalued". Price goes up. Warehouse gets emptied out at "retail" prices during the distribution phase. That selling also creates PANIC...

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The moment we've all been waiting for. It's go time. Not financial advice. Peace, Love, & Crypto, B166ER

B166ERcrypto

What is Bitcoin's true price at any given time? I don't know, and I don't have a crystal ball. But the price action in this chart may be giving us a hint as to where it might head in the foreseeable future, barring some catastrophic event. TradingShot and I talked about this earlier after his great post on the fair price range. This chart shows the parabolic...