The chart says everything. Do not put any trust in me. This is my vision for The Bitcoin -7.55% . I could be dead wrong but this is what I see. Please, do not construe this as investment advice. These arguments work for me but that does not imply that they work for you.
Posted for observation only.
A note to the bears: Good luck breaking point "D". It won't happen.
If and only if the price violently breaks the red support then I would strongly urge you to consider exiting the market. This is a life line. It stems from the previous all-time high at $1,175 where it acted as resistance (12/4/2013). If the red support is broken then the price could, and most likely would, fall to the blue support. If the price breaks red,...
Highly speculative in nature. Posted for observation only.
If this idea plays out then you could, hypothetically speaking, place a buy on the green support. This post is highly speculative in nature and should not be construed as investment advice. Posted for observation only.
First and foremost, this post is highly speculative and makes several assumptions. It is primarily posted for observation and experimental reasons. This idea takes the Mt. Gox crash fractal and overlays it on the chart to the exact day. Let me explain. The Mt. Gox crash started on 12/4/2013 and this crash started 12/17/2018. The present day crash is 13...
This is a monthly log chart. This idea is valid if and only if these conditions are satisfied: 1. BTC exists in 2021 2. The psychology of the investors and traders in the BTC market remains relatively the same since the previous all-time high at $1,175 (12/2013) 3. BTC continues to grow in an exponential (or parabolic) fashion 4. BTC mining farms are...
Cease the nonsense!! Toss all of the bearish scenarios out of the window (including my own). This critical point is held by 5 key supports. It would take the death of Bitcoin to break this point. Enough with the self-sabotage. The correction has ended at this specific point. Short the market at this point and you will get absolutely wrecked. Breakout of the...
Head & Shoulders + broken support. A bear trap play. Posted for observation only.