Bitcoin
Long
Updated

Some guy called the breakout 2 weeks ago and the breakout today?

356
Oh wait, that was me :D
Note
Ok, guys, BIG NEWS!!!! see that sideways action with the three peaks? That might now happen at all. We might go straight to 25k with barely a 5% dip. And all in the next week or so. You're thinking this guy is crazy right? Think what you will, I put the possibility of that happening at 95%. The defining moment will be once we bump against the area where the sideways action is. If you start seeing strange activity on the books, green across the board or something, just remember what I'm telling you now. Basically straight up in less than a week is the most probablly scenario based on a number of different factors I'm accounting for. What are they? Well, I gotta have some secrets... :D
Note
Ok, my analysis has evolved. I'll fill you guys in on what's to come after we get through this chart. The chart is still accurate, with the exception that those middle peaks - sideways action may be less volatile than shown. I will be semi-executing the trade as shown. After the first peak, I will close long btc positions. I will not be placing any short orders as that's just stupid at this point. Once btc has hit it's bottom, whatever that may be 12-11500 is best guestimate, I will purchase btc and transfer them over to binance to dive in on their all-you-can-eat alt buffet. I'll let you guys know when BTC is ready to do it's thing again about a month out from now. This is gonna be fun!
Note
0 Red Candles on the 4hr until we hit $12500. It's set in stone:

snapshot
Note
Current Price of Bitcoin is $9625. This is the lowest this price will be for the rest of the year. Seriously.
Note
I have looked at the analysis of others with an open mind, I have reworked my charts so many times that I've lost count, I was so doubtful of my outrageous conclusions that I kept going back and forth for days (as is evident in some of my previous charts). The time for any major corrections has passed. We've already crossed that boundary. We are in a straight-forward trajectory to 12.5k before we'll see anything more than a dip of a few percentage points. I'll check back in at the finish line. Peace out!

snapshot
Note
I did not see that correction coming. I thought we already had that second dip. There were supposed to be 2. Sorry for not catching that. The straight jump to 12.5k, once it starts, still stands.
Note
It's going to be a good week:

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.