I'll be back my friend when you are on sale at 6200'ish sats. 24mins til daily closes. Now I'm not the best chart reader in the world, but I'd say that today's red candle is what you consider a bear'ish engulfing candle.
XRP might take one more dip down, then a quick climb back out, slow upward trend.. Tuesday comes. Boom.
As Bitcoin looks strong and likely to continue up this ascending triangle to $11,400 to $11,600.. it is possible we double-top around this area. I do think that we will get rejected. Simply because soccer moms and the normal average Joe's aren't talking about or interested in Bitcoin at the moment. So the only bulls driving this price up is the ones already deep...
Different times, different sources of money, different pace... but you can't skip the same ol' human emotional cycle. When you touch fire, it hurts. When you're thirsty, you drink. You can't fight human nature. Flow with the ocean, not against it. This one time; I almost died in a creek during a flash flood. You know what I did? I swam down stream with the current...
Humble.. ? What's that? I am so good at being humble; I should give myself a 'Best Humble Person of the Year' award. Anyways; if the market does play itself like I think it will. Let's make the most out of this poop'y little thing.
I took fresh eyes and mapped out what I thought would happen here in the next weeks and month with the market. Every single time; I came out with almost the same exact analysis. With some bumps here and there along the way; we head back down to the mid $8k's or $9k's and go sideways. This giving an alts a chance to recover from a total bottom out. We stay in...
We re-enter our parabolic channel as if this was just a minor bump in the road when we look in hind-sight. This is ideal.. for us... for lambos... for paganis... this is also... crazy... and scary... and not-logical... and since crazy and non-logical is actually quite sane and logical in crypto; this scenario may quite be what we see. Again; these next days and...
Follows 2014 crash almost exactly. Slight chance we switch gears and go back into the parabolic channel.. It all depends on market sentiment. FOMO is still at an all-time high; greed is still much in the air. Hopefully it goes back to that.. But this could also be a reality. I think we get confirmation once we see if and how this possible bull trap plays out.
Get into fiat. =) Or short. =) Good luck.. P.s. - Time is not approximate on the pink trend line I drew.. used to illustrate general trend and direction I believe it will take.
Set your buy orders at a little over $9,000.. as once it breaks this, it will likely run to $10k or $12k. Then all the bag holders who bought in at the $10.5k "bottom" we had on the way down will be looking to make their exit, causing a sell-off, and another dump probably back down to $8k, maybe $7k'ish.
Hey guys, Alright, so the "month long break" that I took sitting in fiat had me a bit rusty at reading the market. With no motivation for money to be made; I half-a'd any calls on drops, etc. I've made. I however dusted myself off; and have begun to really focus in and study things again. With that said; I think the crypto market took a really, really big...
Hey there guys, I'm back.. I've been learning how to short Bitcoin and so far so good as you can imagine. Anyways; I predict a big massive sell-off in the next two days that will bring us back down to re-touch $6k (hopefully $5.6k) and the real bottom. $100 LTC too. =) Also; is that a freakin head and shoulders you drew on your RSI graph? You idiot, you can't...
If only I could get ahold of Biff's almanac.. Volume much higher on these recent drops than on the 17th + total market cap going down at the same time.
If you've followed my advices, you are in fiat and happy while most of the market is angry stuck in coins. This drop began at a much lower point than the others and this might be the one that reaches $8,000 and below. I have took back my kidneys but I plan to return them to the donation clinic this afternoon in order to prepare to grab some cheap coins with my...
Welp... so the 26th came by and no major drop out of the downward channel. Meaning I told the organ donation center to leave my kidneys on ice because I may be coming back to get them. Bitcoin has been consolidating all weekend since as the market can't make up it's mind. Will the bears or the bulls win? I have a feeling the bears will win it out.. and if this...
Can't go into too much detail as I am doing some house-keeping on my end BUT... early morning 26th - Get your fiat and your usdt ready to jump in. My target buy-in's is in the $7500 to $8000 range sometime late 25th or very early 26th. If you need to donate your plasma, sell your kidneys and other organs, etc. to scrape up money; go ahead and do that now that way...
Sorry guys; I've been out of the market in fiat since I called out the sell-off and huge market drop last week. Bitcoin is likely to go to $8,000 easily. I know, I know.. it's easy to call a $8k Bitcoin when it's already $10.5k. I actually called this a few days ago when I said that the bottom we saw was unlikely within my group chat. I've got to do a better job...
It HAS to happen. I just have a gut feeling its sooner than later.. which is good because then we know the market can turn around and no more frustrating bear trading. That 30 RSI needs to be hit; I'm betting it lines right up there with $10.5k.