if we break downwards we are low on RSI and not in overbought imo i think we need to test over sold for a few weeks to bring back strong bulls. Twitter and youtubers those who have over hyped BAKKT must be scratching their heads?, its just another futures platform, yes settled in BTC but that BTC needs to be sold. i suppose we will soon see if the bakkt...
when news hit that futures was coming in march 17, as ever the price mooned untill the date they where stated at 20 k then tanked down , shorted for a long time. these men know what they are doing, they laughed when romours of chinese new year and most of the shit you see on youtube btc videos the money men know what they are doing. they do it to most things...
RSR has bottomed ( for now) providing BTC behaves we could see some gains here IT's app due soon ( hopefully)
If institutions are coming in as they say (debatable ) then they are looking long term imo they will just play with futures and coinbase tweets are full of shit long term looks good, short term looks about to pop and in my head its down to 8300 k area but no one knows at the moment, but its close...... get ready
outside bull chance this is a bull flag. although the RSI and Stoc seem more bearish. Nvt reaching the green pleace line is a few months away USE CAUTION
charts look awful- im not doing anything until theres a clear move but short term im bearish... nvt still moving downwards ( in all thats good because it can only go back up again in time, Stoc - do i need to explain? wake me up in july next year - in other news- xrp shillers are lunatics in other news RSR is intresting project but becoming the next XRP in...
twitter maximilists saying dont worry, the institute's are accumulating and the other one is " bakkt is priced in!!" what absolute bollocks they are not!!! your seeing trading and bots!! ignore them they will acumilate ( if they are intrested, which looks like they are not) it will be at a far lower price Bakkt is just another futures platform, not a hub...
both white lines need to hold or IMO bitcoins in trouble for the short term, long term depends on getting joe public buying again NOT institutional money, the ico craze helped get it to 20k and thats never coming back. we need mass man on the street OTC . BAKKT is not the second coming , if you went in to a club with 500 people, half will have heard of...
there are 3 gaps still to be filled on bitcoin futures cme YES they need to be filled imo
we wont get another bull run untill we see a green low on NVT, see the bottom NVT graph- green means bull, history helps VERY LONG SLOW MARKET AHEAD. CME futures tamed BTC- learn to trade 5 or 6 percent moves
so there it is, just my opinion, the curve needs to hold or at least be a loose marker to progress bakkt - are institutional investors really into bitcoin and the twitter freaks make out? imo its no! i am still in the thinking CME do not want Bitcoin over 20k ever again and the last ATH where whales buying up on the futures news and shorting for a year on the...
SO TWITTER HAS HYPED RSR- big backing????? most projects from 2017 had big backers and most have failed i want this to do well but i am personally waiting for allot lower to buy in
rsr needs to follow the yellow trend line and stay above it or imo 0.0020 would be my next target No real news to excite the RSR project as yet! with other cryptos trying and failing in Venz, im not sure if even RSR will prosper BUT keep an eye on it, some one might actually do it, it might be RSR
keep an eye on price if it rebounds off the pink line and through the wedge upwards if we do then 11500 could happen BUT if it breaks down through the pink line to the bottom of the wedge at 9500k if we keep going down through the bottom of the wedge then we could see sub 9k 4hr RSI and STOC at well above over bought- This wedge triangle could show how the...
head and shoulders forming? if so it could bang to 8k
gaps still need closing, first the top by a wick, bottom by a full candle
the dragon has shown in BITCOIN ha!! JUST FOR FUN... im sure one of you will see a mystical pattern or meaning.. china, for example---- dragons?