BitcoinBearSlayer

BitcoinBearSlayer Updated 

LONG

BitcoinBearSlayer

Just put this out there.... BBS Out

BitcoinBearSlayer Updated 

Just putting it out there. BBS out.

BitcoinBearSlayer Updated 

Bitcoin has clearly broken out of this Bull Flag and if the close on 1/31/2021 stays above the flag the price should continue North. There are a lot of opinions out there with all that is going on but I'm sticking to my faith in where Bitcoin is ultimately going. Since Michelle Saylor thinks the same way I believe I am in good company. This next coming week...

BitcoinBearSlayer Updated 

It looks like we may have bottomed out on this correction. If we continue North out of the larger Flag, Triangle, Wedge, etc. then it will be confirmed. Glad I added a little more under $30K :) Good luck! BBS Out.

BitcoinBearSlayer

Earlier I posted the obvious Head and Shoulders and said it may be a bear trap. Now it looks like we have a triangle breakout to the North. If it keeps going this week will be very interesting and profitable! Good Luck! BBS Out.

BitcoinBearSlayer Updated 

Well, since I have no plans on giving up even 1 Satoshi right now I'll have to say Bear trap. My expectation is to suck in a few more shorts and then head higher. Either way, I'm still hodling..... Good Luck! BBS Out.

BitcoinBearSlayer

I just had to post this chart before Bitcoin broke into a new All Time High. Exciting times!!! BBS Out. CRAP! It already broke out while I was typing. LOL

BitcoinBearSlayer

The inverse head and shoulders didn't pan out for the bulls. Perhaps this falling wedge will prove to be more productive. Either way I'm still hodling.... BBS Out.

BitcoinBearSlayer Updated 

Could we be prepping for another leg higher? Possibly if this is a valid Inverse Head and Shoulders. Everybody, however, seems to be looking for a major pullback/correction but so far even 10% dips are being aggressively bought up. Why? It may have something to do with the fact that there are ONLY 2.4 Million Bitcoin left to be mined. The Demand is so high...

BitcoinBearSlayer Updated 

Using the monthly BLX chart of all Bitcoin data I was able to create this chart. I found that Bitcoin forms a triangle after each halving. Using the halving date vertical, and the previous all time high horizontal, the point at which it intersects the curved average line forms a triangle. If the past height and length of the triangles formed are a result of...

BitcoinBearSlayer Updated 

Here we go again with another triangle. The odds say it breaks North and we continue towards $30K as the first target. Of course there is always the chance of a break lower. My money is currently on higher. At any rate, just thought I'd share what I am currently looking at. Good Luck! BBS Out.

BitcoinBearSlayer Updated 

Merry Christmas my fellow Bitcoinistas! This triangle is self-explanatory. If the price breaks out of the top as expected the minimum target is about $25,250 or so. The breakout of the diamond pattern below the triangle is even higher at about $28,000 Good luck! BBS Out.

BitcoinBearSlayer Updated 

Hello my fellow Bitcoinistas! Boy times are getting exciting are they not? Now that we have hit blue skies there is nothing but the current price action to give us clues as to where we are and where we are going. For those of you day trading I pray for you. You will most likely get whipsawed in and out of thousands of dollars. For all you fellow hodlers out...

BitcoinBearSlayer Updated 

If this is a valid Cup and Handle the upward target on a breakout above the green line should be close to $20K. The handle seems a bit exaggerated but then again what isn't with Bitcoin? Good luck! BBS Out!

BitcoinBearSlayer Updated 

This symmetrical triangle has a bullish target of at least $20,708. If it breaks South, not so much. lol I don't even care, either way I'm still hodling.... Good luck! BBS Out.

BitcoinBearSlayer

Everybody was excited yesterday because on their Exchange BTC hit a new all time high. I primarily follow Coinbase charts so we never quite made it as you can see from this chart. I believe today is the day! December 1st, 2020. Fingers crossed. :0) BBS Out!

BitcoinBearSlayer Updated 

It looks like an Inverse Head and Shoulders is forming on the 30 minute chart. If it plays out the target should take us over $20K. Still long. (of course) BBS Out!