Gandalf123

Gandalf123

It SHALL NOT MISS!!! This appointment. I also have a feeling that all these quick price jumps are just bigger investors getting in, so they can contribute to the final DIP by selling when consensus has been reached that we're going down again. Also, looking at how well behaved the log graph is,... I don't think there's really much more in this bull trap.

Gandalf123

That is if the log graph behaves itself of course :)

Gandalf123

We need a C corrective wave, which has to be a lower low.

Gandalf123

So I got a little gung ho and tried predicting WHEN we would see our lower low. Yea, that didn't work out. So maybe I'll hold off on the WHEN for a while. In the meantime, the last time we saw the German Flag Colors of Black, Red and Gold as per my graph, the price tanked. It's german flag time again and I'm looking to buy back cheaper coins. I just don't know WHEN :)

Gandalf123

We're going down. The current uptrend looks like manipulation to buy time so that the decline isn't too steep. I'd say to be safe, set buys to below $6k but expect that it could go much lower. A wizard knows better than to catch the perfect bottom. The charts are still on track to mimic both the earlier Nasdaq decline (2003) and the previous bitcoin correction...

Gandalf123

Every time fib lines have approached so far, it's been a good time to sell. The magnitude of drop seems to be at the 0.236 line in each instance, compared to a lower level of support. If the pattern continues, it will go to 5778. I think it will go lower, but that's what THIS pattern suggests. I expect some FUD to come about in the news to take the "blame" for...

Gandalf123

www.stansberrychurchouse.com As per the image, you can clearly see where we're at currently. BTC has been mirroring the 2014 BTC chart nearly perfectly. The big V dip has occurred ($USD 6k) and we're nearly at the point where we go down for the final dip. This view is considered risky. Very few are anticipating this. "Everything popular is wrong" - Oscar Wilde

Gandalf123

The pattern looks to repeat once more until Durin's Day, afterwhich we can begin the adventure to the moon.

Gandalf123

BTC is being tricksy... Don't follow the lights.

Gandalf123

I'm going to be bold here and predict a lower low of $3707 on 9th March. It WILL NOT be exact, so factor in some room for error. Let's see how close it gets. The previous 2 lows were roughly around the Fib intersections, so this next one shouldn't be too far off the next intersection. Also, the journey there is not going to be a straight line, it never is. So buy...

Gandalf123

Bitcoin yearns above all else to follow my lead,... it's heard its masters call... Go here, then press play on the chart. We getting a lower low.

Gandalf123

So far so good, as per my previous post, the market has decided to colour in the lines perfectly to match my prediction. Who knew Fibonacci lines could bend the market to it's will and in the darkness,.. bind them! As long as as the peak happens in the blue box, we should be in for a lower low.

Gandalf123 Updated 

After smoking some longbottom leaf, I got these visions: 1) Bollinger Bands show we are overbought - not depicted here. Clearer on Binance. 2) Resistance line looks mighty like the black gates 3) Volume seems to ramp up whenever the market goes to the bears (or it could just be the longbottom leaf talking) 4) If Bitcoin really wanted to be done with the bear...

Gandalf123

So far, ever time we've had a peak (Erebor) which coincides with a Fibonacci retracement line during this bear market, we've always found a lower low.

Gandalf123 Updated 

Time to take a tumble

Gandalf123

What do I know, I'm just a wizard.

Gandalf123

The Bear market is not done yet. Set buy orders to below $6,000.