Limitless-Investor

Limitless-Investor

Possible bull run already if we find support above $9,100. Chart speaks for itself.

Limitless-Investor

Since BTC is already digital gold and adaption is just the next step. Considering that BTC was pumping along with January effect and the conflict between US and Iran. Let's consider that I was bearish already during this phase of consolidation from January 8-13 where Iran and US expressed concern to end conflict to not escalate a war. BTC then consolidated and was...

Limitless-Investor

Since the chart above mentioned the RSI 14 weekly showing signs of btc on a bull run or not..in a candle stick perspective we're already right exact at the resistance area of BTC and it will show either we have a retracement-pullback then go back up to a bull run. Or...this is alraedy the top and another correction dowanrds to $5,500ish. Call me repetitive but I...

Limitless-Investor

Notice if BTC goes and finds support above RSI 14's 50-52 level. It says in the bull run regardless of bearish divergences which are irrelevant at uptrends. If it's below it, it's a bear run. We're now at the breaking point where BTC will either break above these levels and confirm a bull run...or not.

Limitless-Investor

If we don't end here then we see another leg down to resistance trend line where VPVR support is showing along with RSI support.

Limitless-Investor

I have been showing in my forecast that we either bottomed already or making the complex correction between A->B to another leg down to Wave C. As long as we don't break that trend line resistance, there is no bull run for BTC.

Limitless-Investor

Possible fractals of GOLD in relation to Bitcoin. GOLD pumped even before the incident in Iraq between Iran and U.S but considered to be a safe haven asset pushed it further as investors are still holding. Remember that GOLD and BTC has numerous fractals showing with relation to the use of each asset/security. Bullish divergence present at MACD's histogram

Limitless-Investor

GBPAUD There is a bullish divergence present that I believe it will do a short rally from wave A->B but I don't see this as the bottom of the retracement as Eliott Wave doesn't show it's finish. Waiting for the retracement to complete then will be bullish. Will become ultimately bullish if it breaks above the 5th wave.

Limitless-Investor

Waiting until GBPCAD finishes retracement. I see that it will retrace at 61.8 golden ratio where the 4th wave was before. Note that retracements likely end where the previous wave 4 is. Other than that I will wait for it to breakout of 5th wave to become ultimately bullish.

Limitless-Investor

We're either at the bottom already or we're completing the Wave Z correction. I measured using Fibonacci Ratios as well as the subwaves. It's confluent with the January timeline. Remember BTC pumped January of 2019 and likely to pump again on January 2020 which is inline with the January effect on securities (investors/traders withdraw for the holidays on December...

Limitless-Investor

If we don't pump on January 2020 likely it can happen anytime between the 1st quarter of the year 2020 OR at most 2nd quarter of 2020 which is the may halving. Also note that BTC corrected middle of 2019 June so possible that the maximum bottom will be on middle of 2020 which is May. Note that May is also the halving of Bitcoin.

Limitless-Investor

We either end here as WXY or we form a WXYXZ if we don't have that January effect thus BTC failing to pump. Note that I am forecasting BTC to pump on January. Following the cycle of BTC dumping from 2017 of December and bottoming 2018 December then pumping at January 2019. Please see my profile for that analysis

Limitless-Investor

BTCUSD- Long term perspective. This is my latest count for BTC for the looong run. On an elliott wave perspective I don't think we're on our way to wave 5. We're already at wave 2 going to 3. If you check the history and its subwaves it makes more sense (left chart). The 5th wave was the signal for a huge correction of BTC. Now if you don't use logarithmitic. You...

Limitless-Investor

As I have pointed out before we're coming closer and closer to a possible bull cycle. Probability of BTC not going to a Bull cycle is unlikely. Considering the oscillators showing at oversold levels and Elliott Wave Count which we're also currently at 61.8 golden ratio. It's still possible this is not yet the bottom. But the maximum for me is by the end of 1st...

Limitless-Investor

If we don't breach red resistance area where the 200ma is at. Then we might correct further. That if we're following that BTC will go to a bull run. Because BTC dominance shows if it does go to a bull run alt coins will likely correct.

Limitless-Investor

It's either a bigger ABC or a 5 count going up.

Limitless-Investor

BTC's dominance is always correlated to BTC's movement itself. But upon seeing that it didn't even hit Fibonacci Retracement RED 23.6 it's likely that correction is not yet over. Considering that volume profile shows significant support level, if it breaks below this area then we see a big drop and probably an alt coin season. Only 2 support levels I see for this...

Limitless-Investor

Upon seeing BTC dominance and Bitcoin itself. We can see the correlation with each other. If BTC fails to break above resistance area from the downtrend. So does BTC's dominance which is likely gonna end at its previous wave 4 same as BTC.