redcap3000

redcap3000

It appears as if BTC will continue to regress slowly. Disjointed angles are drawn against a regression range. Fluctuations at times may be either in the 1.50 to 3 dollar range; or within the 50 to 75 cent range and lower.

redcap3000

This chart shows some trending analysis that may point to a long period of 'sideways' action - price fluctuations are decreasing, as they will continue to do so (slowly.) Bitcoin is running out of places to go!

redcap3000

This chart illustrates by rough concept of 'mirror price'. I.e. all price fluctuations have a matching peak and valley.

redcap3000

Clearly the market is at a standstill, yellow circles indicate a compression of values, and now we seem to be reliving the decompression of those values. Continued small margins will persist before a final dip, spike and drop occur. It is not clear when this will take place; but the overall trend will match that of this weeks activity - periods of little price...

redcap3000

Next week we'll see some of the more drastic price fluctuations we haven't seen since black Monday Attention should be paid to how Bitcoin is going to handle the flash crash value to accommodate the low to occur which could set off a trigger different chain of events, or extend the timeframe. A low of 161.45 for next week is very possible; and the lows being 90,...