looking for the mean. i have lines for my thoughts. not yours. enjoy. or don’t 😀
BTC is looking interestingly bullish other than the TD9 forming a 9 (which rarely play out on hourly). Lets watch to see if we can sustain momentum and price above $15,400. This is not financial advice.
Bitcoin is showing steady, albeit lower than I like volume. The chart is painting a really pretty bullflag which appears broken north, but that red line is rock solid resistance and it rejected this latest attempt. If that resistance breaks I see a clear rise to $10,400 before correction. If not I expect a bounce off one of those channel lines and a continued...
My horizontal support line and upper bound of the July Channel is being broken as I write this - not surprised and was expecting at least a wick below it. W What I wasnt expecting is such low volume on this break. I think most of the community is somewhat surprised by the lack of volume, but maybe people are getting smarter. This means lower lows are to be...
I know this chart is utterly preposterous. read on at your peril, and purely for your entertainment In This chart i'll be looking at a 10yr projection for bitcoin based on trend analysis and repeating patterns. I should probably go through some caveats first because i appreciate that such a high estimation for bitcoin value is frankly ridiculous, even if you are...