this right now is cALLED THE WAITING GAME. WE WILL MOST LIKELY EXPECT A RISE TO ABOUT 6884. THEN WE WILL SEE ALL BLOOD. DOES NOT MEAN WE ARE STILL BULLISH BUT JUST MEANS WE ARE GETTING EVEN MORE PREPARED FOR A SMALL BULL RUN.
TARGET IS 6K
#100X SHORT 6884
WE CANNOT GO UP WITHOUT DOWN
Looks like it could hit a peek of 6700 but expect a hard drop!! at least 6250 for now.
Remember: You wishing bitcoin will moon right now will not make the price go up. The Bitcoin gods dont like you that much XD
i have long awaited this drop for a couple days now.
To see that prediction,
Right now we are in a crucial state for Bitcoin. i personally think this will be a massive accumulation and turn around process for Bitcoin. Through this whole dump, there has been lots of accumulation going on....
This drop was too easy to predict (lol)
BCH has dropped the height of its triangle and I believe is ready for a bounce. I have no target in mind yet. im thinking maybe the bottom of the triangle at least.
Bitcoin did exactly as planned. It dropped the height of the rising wedge and found support on the falling wedge it broke out of before the long consolidation. THIS DROP HAD TO HAPPEN. too many people were bullish. If you look at the monthly stoch RSI, we have hit the absolute bottom of oversold and this hasnt been seen since JUNE of 2015!! Be careful because of...
looks like we might see a reversal here!!!
ADA faking everyone out
This will not DUMP HARD but it will go down a pretty fair amount.
SHORT THIS BABY YAS
If you HODL keep HODLING!! No need to sell.
TODAY IS THE DAY.
THE PRICE IS CURRENTLY SQUEEZED BETWEEN THE 100 DAY SMA, A RISING WEDGE, AND AN EVEN BIGGER FALLING WEDGE.
I'm still thinking this will hit 6800... it will confirm the rising wedge and stay in the big falling wedge.
After 6800, LET THE MOONING BEGIN.
we have broken out of a falling wedge but im convinced we are now in a rising wedge. BATTLE OF THE WEDGES.
Basically, the bears gave bulls chocolate chip cookies but secretly put laxatives in it.
well, if it is true and we do not retest the top of the rising wedge after breakout, we could be looking at 6700 and below.
For now, all i can see is 6800 as...