Fractal from Halving Pump to Dump in Feb 17 - Very Similar Reaction to most recent Halving. Support zone coming into play. DYOR
Short term I am bullish BTC to the 7950 to 8750 area, but it's not realistic to be anxious about ETF''s saving the day right now. I doubt they get a US ETF approved until 2019 anyways, but they will come. Retail investors looking to get rich should be patient imo. What do I think in great detail? Well this is all the details you get. Like it or don't like it,...
Living in the 1 hour charts and less. Even up to 4hr charts is draining your free life time. Learn to ride the bear. It could go a bit lower than 4250 area, but believe a decent relief rally may come about at the least. Thinking the ETF may finally be a 'news' that isn't sold-on August 10th, but I place no certainty on anything and I don't short. Hodling is...
This is just for historical comparison. This is the BTC log chart of % gains from low to peak from 2011 to 2014 and the low of 2014 correction to June 2018. We could go to $3K before we go to $100K or we could go up to $100K from here, I wish I knew which one!
Short term doom and gloom is so hard on all of us, we just want to be secure while the gov't RUINS the USD with the massive DEBT they impose on us all with irresponsible behavior and never looking out for the people that voted for them. (if you are still arguing R vs D then you still have ALOT of waking up to do) Blockchain is going to change all of this and it's...
So what I have done here is replicated the MARKET CYCLE chart most of us should have seen by now. www.thegoldandoilguy.com Per my last published idea, Institutional money wants no part of spending all they money on BTC at highs we have seen. They like where we bought in below $2K and will fight like rabid animals to get that price. Will this happen? I have...
You have to be able to define pattern breaks without being on a 1 hour chart to get an idea of what is possible here. Who projected $20K using a 1 hr chart this year? NO ONE! We were excited to think $5K for 2017 was possible, we were in a state of delusion getting to $20K! I am not saying this is what is going to happen, but there are several possibilities...
If we get a 2013 style reset, then hold on to your boots, we bounce of the $10K area then back up to $21K pretty fast, then drop to $4800 area and we are reset for next year.
Just putting up some scenarios here. With alts pumping BTC WILL take a break, but to where? I am looking for a Elliot Wave 1 up then 2 down on the alts on a larger scale, get off the hourly charts kids unless you are day trading is my thoughts. So, in this scenario, we go hit the $9K area and take a ride back up to the $17K area for an A down and a B up, then a...
Welcome to the Institutional money factor folks. So many were so glad to have them for Crypto legitimacy. Happy now? We were do for a correction, but the big boys are here now. You have a con man Fudding BTC, the largest Miner in the world forcing you to use BCH to buy their miners. You have CME group who just entered and said "we are going to tame bitcoin"...