Recent pattern of bitcoin formed U in october which i believe it is the small one cause it doesn't rechead the top of it!
We will have some consolidation in november with a high probability of 11k$ target to new year!
Some altcoins can move during this time: Cred (LBA) is one of them which can make x10 from bottom!
In oct 2015 10MA/montly started the bull run till end 2017
Now in may 2019 10MA/monthly started new bull run or still vague promises!
If we stay above this moving average we are safe if not i go sell my organs!
Keep Safe, prepare organs!
Nothing special will happen in bitcoin this month and next! Bakkt will not have alot impact to move price of bitcoin!
The range between 9k-14k will be long (called accumulation phase) to make new highs end of this year or 2020!
New ATH need 100% increase also this will make altseason open for everyboy!
November will be start of new highs!
Have a great day!
We have still some space to 13800$ (42% target up same as last month) then to drop to 10k! or it can ignore it and go straight to 20k!
This week we will see if patterns will repeat !
Have a great Moon DAY!
Bitcoin follow his algorithm made by S. Nakamoto, is Bitcoin pure math?
Coins created by hashing or other algorithms are under control of math logic this is how they are valued not only money coming in and out. They're fractionalized, stored, retrieved, exchanged under control of formulas.
This is not the Stock Market.
Hard to believe i am not expert...
Hi, we are already in bull market obvious, but here will be a lot of retrace between -20 -40%,
this big green candle in not healthy, and not good to buy high for new people.
If bitcoin go to 10000$ there is a chance we will have -40% drop, at ~6k, last bull market did same in 2015
Let's see if this is what we want or not!
Bitcoin have already 4 months of uptrend, RSI is at 70 same as 2015 followed with downside.
Dominance at 61% same as on sept 2018 followed with downside.
I believe it will follow same patterns with -40% down, with 4200$ target, also a great support! ( Bitcoin have a lot of -40% corrections)
Bitcoin shorts are starting to get closed witch will...
200 MA/daily is a solid resistance,
200 MA/weekly is a solid support,
We can clearly see Bitcoin under 200 MA/daily is bearish trend same as in 2014-15 with ~455 days of bear. We will have a move upwards 200 MA/daily this summer 2019.
This is where 200 MA/daily will act as an support.
We are now in a consolidation phase, hard to determine if it was...
Kinda strange think i founded
In 2014 we have 3 low points with 70% drop , 45% drop then 18% drop
In 2018 70% drop done, 45% drop done, 18% didn't happen!
Which will give us a drop from 3100 LL to 2500 price BTC
Nothing can be proved even on this chart that next move will be -18% !