waysidebitcoin

waysidebitcoin

After a few hours of battle, bulls finally broke through. It's pending direction now. Thinking of reloading at an optimal entry.

waysidebitcoin Updated 

I took the retracement from $200 to the old ATH, and found two Fibonacci levels that predicted our current ATH and bottom. All levels are scaled for log chart. 1.382 extension matches with today's bottom. 2.382 extension matches with today's ATH. If we have a full retracement to $20k by the end of 2020, then the 1.382 extension predicts the first sell-off peak...

waysidebitcoin

Mapped the ATH from 2013 to 2017, and projected it forward twice. Can bitcoin survive the rest of our lives?

waysidebitcoin

Looking at Fib levels retracing to the sub-$200 lows in August of 2015, we broke through the 23.6% level ($3834) and have landed just below the 38.2% level ($3135), major support. We're also riding the fib levels down to the mid-July lows of $1800, and are currently landing on the 61.8% support line, a major level at $3014. The daily stoch RSI is hammered down,...