Traders, Investors, TA Twitter Hacks, BTC Hodlers and Followers of TheSHARK... I hope you are all well. I know it has been a while, but we needed to wait this out and be patient. I was quoted in an earlier post that those who didn't buy the first two months of the year would be back and forced to purchase north of 46k. That is exactly what you will see happening...
Hope you are all holding strong and staying the course. It was a great spot to dollar cost average these past few weeks. Its's never fun to see Bitcoin dump like it did but I'm so thankful for all the new entries in the mid 30's it provided us. No one knows the course but I feel like this is our most likely path for 2022. Things can always speed up with Bitcoin...
Happy New Years Day! The masses are bearish but the charts are still so bullish. In the 21 years I have actively traded markets.. it is amazing how things just don't change much. Always go against the masses. Don't say Shark hasn't warned you about the big breakout that is coming. I continue to add to my BTC position and consider these opportunities gifts. Our...
Shark is closely watching for a strong bounce both tonight and thru the day tomorrow. Looking to see the 53k level before New Years Day. On the flip side we MUST hold 45k. A break of this level will take us to 38-40k. Watch for the momentum to shift here at this inflection point tonight and thru the day tomorrow. Keep swimming OUR TIME IS COMING. BRONSON-TheSHARK
TheShark had the luxury of some time this week to chart, chart and chart some more. I have pivoted some in my timelines and want to be very clear in telling you what the charts are telling me. In 2022 Bitcoin will continue its Ascending Triangle pattern and reach 140k by the end of April. Please send me your comments of disbelief I simply don't care. This is...
I will be the first to admit I have missed some expected targets on the year so far. Many of us have. I like many of you am shocked to see us here at these Bitcoin levels approaching year end. Is all lost? No-Bitcoin continues to reward those who are patient. To all those who follow the Shark, Merry Christmas! We are right there on this Falling Wedge. I'm looking...
Happy Holidays from The SHARK. Let me take the mic today and say some things. I'm Only here to help. I have no side agendas like your favorite, twitter youtube posers. Lets just re-round some facts. ***24% of all US dollars circling the globe have been created in the last year. Is there any wonder where inflation comes from Senator Warren? Bitcoin is a sponge...
In June of this year the SHARK posted his year end Bitcoin price prediction...nothing has changed. The SHARK sill has a price target of $127,000. After tonights weekly candle close and successful backtest of 60k look for us to get to 70k-72k by this coming weekly close on OCT. 31st. The Bitcoin weekly charts haven't looked this bullish since last years run. In the...
I'm posting this to the followers of The SHARK... we must consider the history of wild advances and horrific declines to keep perspective along the way. Most don't realize profits because of the harsh corrections that you will see noted in the chart. Bull markets In Crypto have always been followed by 80% downturns that can last up to a year and sometimes two....
How is everyone doing? Crypto sure has a way of breaking your emotions down doesn't it? Remember we play with zero leverage and buy to hold.. this strategy has never failed me. No one ever got rich panic selling when the market crashes so add on dips and play the long game. Since joining this space I haven't changed my tune on that. So how does the rest of the...
Followers of the Shark... You're welcome once again. I Hope you all had an awesome weekend. It took us 14 weeks since the correction to break thru both trading ranges laid out in early posts. The market has confirmed the laid out charting path once again. So now what? We have zero overhead resistance until $57,351. We could get there very quickly.. though we...
Hello friends of the Shark. The Shark has been enjoying the down time that comes with sideways action. The Original plan is the same that I posted months ago. We broke out of trading range 1 and met resistance at the critical line of 42k. We sold off there some and we are in the process of proving it as support. Bitcoin will blow thru 42k here soon and head to...
Followers of the Shark and patient hands everywhere how are you all doing? Not too much has changed over the past couple weeks so there was no need to repeat the plan. Market sentiment seems to be getting worse and worse each week and most are now in the bearish camp. I like this. In the most clear way possible I have laid out the 2 trading ranges we will be stuck...
Hope you all had a great weekend. I have been getting an overwhelming amount of messages about where The Shark sees Bitcoin by year end. Nearly 20 plus messages just today asking. So here is the short answer. Call me a Moon boy thats just fine.. The Shark has thick skin, rougher than sandpaper...and The Shark has a very thick wallet too. Everyone in this space is...
For those new to trading or Crypto welcome to the big show. These moves are normal and happen more often than we would like. If caught on the wrong side these moments aren't fun, however its these same moves that have provided so much opportunity for great buys that have grown funds and changed many lives. Congrats if you didn't panic and bought yesterday's...
Congrats to all who bought the highest level of fear in Bitcoin in over 15 months. No need to celebrate yet we have a long way to go. Perspective comes by zooming out and seeing the big picture. We may very likely be in a slower cycle thru the summer but I see a very possible path to new ATH's by August/September. Remember Bitcoin was designed to be an internet...
There is a seasonality to the Crypto space. It comes in waves led by the leader and King BTC. There is no question many projects and exciting coins coming into this space but until the market cap of Bitcoin has been dethroned, Bitcoin exists as the the KING. Many Alt coins have had 5-6 months in the sun and this chart points that their cycle may be coming to an...
As a kid I had a dream of going to Wall Street. It really started with baseball cards and those becket books. Around the age of 11 the passion grew into tracking actual stocks. From 11-15 I had a paper route and each morning I would track the ticker symbol of interest while I folded the papers to go out to the neighborhood. I started reading any book I could get...