Huge market manipulation has happening on BTCUSD market.
As you might probably knows, the reason of manipulation is Miners' short selling.
One important factors to predict a commodity's price is "What kind of financial product is entangled to the commodity?".
Gold for example, it had breakout 3 times higher price than all time high after launching...
USD Liquidity has been diminished.
Amazon shows massive profit during past 2 years.
However, it is expected that next FRB interest rate increase will cause huge correction on all stock market.
Entry level : 1,774 USD
TP#1 : 1,520 USD
TP#2 : 1,140 USD
Stop Loss : 1,950 USD
We are still in the bear market, but we can find trade opportunity after following 3 factors done.
(1) BTCUSD should break recent 100MA resistance. (see the allows; we can find clear resistance)
(2) Golden cross should be appeared : we are facing the death cross bear market after 15th April. this must be done.
(3) Trade volume : liquidity is another...
BCHBTC now shows healthy movement inside 1st GannFan area.
If this movement hold until 15th Nov HF date, we can expect 0.159BTC/BCH (additional 83% gain)
Next Target : 0.159 BTC/BCH
If the BCHBTC reach the target or not, sell all of your BCH holdings just before 15th Nov UTC.
Compare to 2014~2017 bear market, current 2018 bear market has been almost done.
This accumulation phase soon to be end. and next, huge bull market will start again.
However, this will still not reach a single million USD per bitcoin since everybody look at the sell range maximum $250K
The most important indicator for price is the price itself.
Now we are facing big move towards huge correction... But we can take profit technical replacement during the big correction.
Actually the B wave is now in progress.
Next Target : $248.3(0.618)
Furthermore, after reaching this $248.3(0.618), we can expect another correction to $100; the C wave.