Bitcoin breaking out of the cup and handle on the way to 17k. I am long.
Waiting for link to flip the $13ish resistance into support. I am excited to see what Link can do in a bull market.
If BTC doesn't have a retracement, XRP will have a retest and breakout.
Alts are starting to fly again and I couldn't be more excited. I have positions in Alt coins which fairly tight stops. I am also watching the price of Bitcoin closely. I am hoping Bitcoin trades sideways for a few weeks to allow Alt coins to fly. However, a pullback to 14K wouldn't surprise given that nearly 70% run we have had since september.
Bitcoin daily time frame from the start of May until the end of December. This post is to mentally prepare us for when a pullback of Bitcoin happens. Hold your position because it will rally back higher than before. I measured the rallies and pullbacks from the peaks and troughs. The yellow line underneath is the 20 week moving average which needs to be held to...
RSI moving above 70% is generally viewed as "overbought". However, we have seen the monthly bitcoin RSI go above 70 on three separate occasions which has lead to an average of 2000% gains. Bitcoin is about to go above 70 on the monthly RSI. We may have a short term correction but new all time highs are guaranteed.
Taat had a crazy run. Hoping the correction is done and is ready for another leg up. Almost down 50% from its high.