Bronson-TheShark

Bronson-TheShark

This is a great spot to add to your current position or buy into Coinbase. Bitcoin hasn't seen the top of this cycle and Crypto's market cap is staggering. Aren't you glad you didn't buy it on the open. This is a very good spot price here and look for it to continue to my outlined 2 targets. This is an excellent buy and hold company that you should be adding to...

Bronson-TheShark

No one will argue that we have been in a bull cycle in Crypto. When that season flips no one can really say and usually the crowd misses the turning point. I don't feel like we are there yet and we have much more to run on Bitcoin. Notice the pattern that Bitcoin has followed. After a 20-30 percent correction we see a bullish pendant formation followed by 3 higher...

Bronson-TheShark

Are you like me and sold your ETH too early? I sold my lifetime holding far too early this cycle. But as with life and trading you do the best you can and move forward. The good thing about crypto is it always allows chances to get back in. ETH/BTC ratio has been running rampant and I feel there could be some resistance looming which will allow many of us to...

Bronson-TheShark Updated 

Traders we have hit our first pit stop of 55k on Bitcoin. What a difference a week makes. The new buyers from 47k up are holders of Bitcoin and they will not simply sell it at this level. With earnings being announced this week and next it's time to see who has been secretly buying Bitcoin on their balance sheets. Lots of rumors circulating of who will show...

Bronson-TheShark

It has been a long week for many of us that are heavily invested into BTC and the crypto markets. Whenever we get these 20-30% corrections in a bull market everyone is talking about how this might be the end of the cycle. Fear has such control of traders that it seemed like a bounce was imminent. A friend of mine sent me a classic Dolly Parton song tonight and the...

Bronson-TheShark Updated 

Traders I know this last move was a surprise to all of us but we need to remember that historically this is normal and very mild. In the last bull market BTC had over 7 20 % or larger drawdowns. Its imperative that markets have shakeouts to reset funding in order to climb to new highs. I posted about 12 hours before the big move down that I felt strongly that...

Bronson-TheShark Updated 

Remember the feeling of late August when summer was coming to an end and the idea of going back to school started creeping in? I hate to be the one that comes out and talks about school but we have more vacations coming up. Alt seasons come in rounds and they simply don't last forever. That was an awesome summer alt season we had. What does this mean? BTC...

Bronson-TheShark Updated 

Traders and followers of THE SHARK-here is your much requested BTC update. I'm happy to hear many of your are benefiting from my charts and making money. I have made this chart as easy to follow as I possibly can. Step 1- Reclaim the Yellow line and turn it into support at 61,737. Step 2- A breakout of 63,512 is confirmation of the incoming face melt up. Always...

Bronson-TheShark Updated 

Traders the Shark missed you. I'm still amazed at the lack of patience I see all around about this Bull cycle. It is a cycle and will run its course. We are most likely in inning 6 or 7 in this cycle. These last couple innings we will see the most violent moves upwards yet. When was the last time you had a good steak? My guess is it sat in a nice marinade. Dang I...

Bronson-TheShark Updated 

Traders I haven't said much since I posted both my ETH and BTC charts last week because they have done the talking. In fact I would say if you gave your kid a crayon and told them to trace this weeks actuals they would have drawn my exact lines. Go back and look at both ETH and BTC post from last week and push play on the actuals. Shark knows the way. For those...

Bronson-TheShark

No charting today just some good Sentiment for you to consider...Stay Calm, Stay Humble, Stay Focused. Good Sunday to all the followers and supporters of TheShark. Its appreciated and I continue to try to add value to assist you along your journey of these amazing market cycles. I have received close to 20 emails in the past couple hours. I respect the worry and...

Bronson-TheShark Updated 

Here is my ETH update. We will see a double test of the bottom of this last sell off. Set your buy orders from 1250 up to 1400 and look for opportunities to layer additional or new holding on ETH. This ABC slight correction will then start to build and the demand will rise. The key moment will be when we cross back over the Blues....when this happens 2400 is...

Bronson-TheShark Updated 

This dump was the most bullish event I have seen in the 5 years I have traded Bitcoin. What a fast transfer of Bitcoin from the impatient to the patient, from the weak hands to the strong. Do you people see what is happening here? The next bullish formation will look like this. Follow along and watch it develop. As much as I would like to see it Bart Simpson...

Bronson-TheShark Updated 

The Shark has been posting the past few weeks that money was going to move away from Alts and into BTC. We are seeing a much needed correction today but you will notice that when this dust settles the money will flow back to Bitcoin first. We will look to reach target 1 and 2 before we start shifting money back into ETH and Alts. Look for Mr. Saylor to make an...

Bronson-TheShark Updated 

Here is an update to last weeks chart on Alts and ETH. I hope my posts from last week helped some of you. The message today is the same as it was last week: Stay fully exposed to Bitcoin and Cash until this chart shows us to buy back ETH and Alts. I'm trying to make this as simple as possible for all to follow. Bitcoin will pump first and then we can transfer...

Bronson-TheShark Updated 

Yeah I just said it. Today's action was the most bullish redistribution of Bitcoin of all time. Watch for the next flag to form and remember Shark told you so. When you know you know. Swim with the Shark weak hands not invited. If you don't believe me at this point watch this next one. BRONSON-TheSHARK

Bronson-TheShark

Today was a first we have seen an over $7,000 candle drop be bought up and engulfed by what appears to be a bullish engulfing candle. Todays event was the biggest transfer of Bitcoin in its history and it did it in under a few hours. Traders watch from this and learn from this. In the coming days it will be revealed who made these purchases and the market will...

Bronson-TheShark Updated 

There is no question we are in the middle of a bull market. I would bet we are close to 65% thru this cycle with much more room to run. However we always look for market tells to help us along the way. Over the years I have found one chart to be the best trigger for alt season and that is ETH/BTC. If this indicator continues to show the way we are at a critical...