All my Bitcoin are locked up at BTC-E, which is now offline. They are stating maintenance, but the real story is in the news. www.rt.com I'll predict that this will cause a flash crash as news catches on. Bitcoin may recover shortly after SEGWIT adoption in early August, but those with coin at BTC-E are screwed, done. Now it's time to watch the China markets overnight.
After the crash of the first bubble, a massive C&H formation began and began completion once we achieved $1150 again. Over the course of the weeks that followed, we completed the handle on the C&H formation. We've now broken above that C&H and I'm estimating a target of $8300 for this second bubble, with a target date sometime between July 10th and Dec 2017.
We're near the top of the pitchfork. Expect a drop, go for your sell positions but not for too long. Ride the wave up at the bottom of the next little crash, until 1st or 4th of July. Will be a good 4th of July. Remember, we're at the ATH. We've had a massive 3 year cup for a C&H formation. The handle is being created over the next few months, so don't expect...
Buy Buy Buy! For the last year and a half, we've followed the same upward trend and we always end up at the bottom of this pitchfork while making our way back up again and again. Purple area is a buy signal and we're in it. Follow your buy through the green area and as soon as we touch the next purple area, you're faced with a sell signal and you will probably...
After reading an article, I decided to try some TA to figure out what they were seeing and why. Had to move out to the Monthly charts to really get a clear picture. We know it's coming.. Question is, when.. sometime in 2016, Oct-1st estimated here? We'll have to break above 2400 to fall within the 53% that will exit upwards. "Here are some statistics about...
Yep, going $800, then retrace, then $900. Follow the squiggilyly green line
BTC ATH will be achieved again possibly within 15 days, then we'll form a small handle prior to Moon launch to $2400, then target $6000 shortly after (August 2016). Watch the Euro and global markets for signs of impending crashes.
Small Inverted H&S is forming. If it completes successfully in the next 8-10 hours, I expect to see a rally for $130 up to $800. That momentum, along with the past few weeks momentum, as well as the #BREXIT will likely lead to FOMO and we could push to $1000 within a couple weeks or so.
Target $601. See previous charts. Looks like Fibonacci will bring us somewhere closer to the 50% retrace, before we bounce back immediately to right around $680-700 range. Then I believe we'll hover here for a few days, before the next rally begins with a target $1800 by Aug-1st.
I'll go out on a limb here and predict that Bitcoin may break above $800 within 48 hours, then hover around that area for the next 30-45 days. Alternately, I think we may break above $800, then fall back to the $660 area and hover there for the next couple weeks before we proceed to launch and seeing a new ATH of $1800 by Aug 1st 2016. #ALL-IN-FTW
Overlaying the chart from July 2013 until Dec 2013 when we reached ATH of $1100+. It may be possible that this continued rally from the Chinese could push us up to $6000 USD per BTC prior to the November elections. Keep an eye on world markets as the global economy is in a bad spot and currency crashes will cause Bitcoin to grow rapidly. It's very likely that...
Re-measuring the large H&S formation, I've revised my target to 761 before we drop back to 666 resistance area to hover for a couple days before we continue upwards to attempt to break the ATH within the next 30 days.
$700 Target? Drop to $576, then next target $1000 by Sept 2016 as the global economy tanks?
Actually, if the US Markets crash, Bitcoin, while following GOLD trends, will likely rise when the US market crashes this year. Be prepared. I have a feeling even the long term US Bond Market will be crashing. Trust your gut.. buy some Bitcoin if you can afford it. The handle is still forming, expect Bitcoin to rise around mid-May to mid-June. Bitcoin to rise...
Silver ready for the Ichimoku breakout, entering the cloud in the next day or so, for rapid growth to break above $15. However, continued fall of the world markets will result in a much needed bump for silver to push for a target of $16 within the next 2 weeks. Things may steady at that point which is a resistance area, until the global markets continue to spiral...
I dunno.. it kinda looks like a massive C&H with the recent C&H as the handle for our insanely huge C&H.. and after we hit $800, it will be the completion of an even larger one.. but I don't know anything.. don't listen to me.
H&S has failed, C&H still in effect, we've broken through the 380 resistance area. I feel moon till $450 where we see the next resistance and formation of the handle.