jfs2152

jfs2152

Short term buy opp before we continue down

jfs2152

Will bitcoin play nice, or will it continue to act like an uncaged animal

jfs2152

Where to enter out of correction, we shall see. I'm waiting for sub 2k

jfs2152

Let's see if long term trend lines maintain their accuracy

jfs2152

Maybe one more arched back, and one more solid push

jfs2152

This channel has been holding quite nicely. I think it will continue for a bit longer, at least until we hit 1500 or less.

jfs2152 Updated 

No fundamentals , just pure intuition. Now is a dangerous time to buy or sell.

jfs2152 Updated 

The white line is a conservative, yet fairly bullish trend line drawn from a 5yr chart. The red channel would be the result of a major reduction to the growth rate of BTC. What's important to realize is the fact that we are still, relative to stock market participants, in a very bullish channel even in the event of a drastic reduction in price performance over the...

jfs2152 Updated 

Bitcoin has been performing beautifully since February 2016. It has been a year of spectacular growth, and I'm fairly confident this will continue for some time. Why? Let's consider some basic things. In the past few weeks, we witnessed bitcoin drift sideways for almost a week at around $1010 USD. This is something that bitcoin has never done. There is only one...