Mr_Project

Mr_Project

For now its hard to clarify the next move of BTC. But the fact that we have had a bull run, that´s on it's way to break the ATH of 2017 is just fascinating, fantastic, scary and all of a mixed bag. Having new companies like Square buying up BTC and Paypal providing a buying service on BTC is hot news on top of all the Defi stuff. Things like this is factors that...

Mr_Project

I will admit it.. I was dead on wrong in my latest post. Being nearly flawless in all my other analysis. The post before this was my first wrong. All other calls have been dead on. Luck or a good analysis or just both, I don´t know. Im pulling back being bullish, even tho a halving is coming in May.. This Black Swan event with Covid 19 and everything just...

Mr_Project

And here we are at the aftermath of 2017.. The sentiment is right. Everything feels like BTC and crypto in general is on its rise again. But the ghosts of 2017 is still hiding in the shadows. I believe that we have had the lows, that I was talking about in my previous idea at around 6.4k. The sentiment has alot of real value with it this time around. People...

Mr_Project

Looking at the BTC chart it is obvious we are in a bearish scenario. We are stuck in a downward trend. The aftermath of the parabolic run of december 2017 is playing games with us. There is too much coordinated malipulative speculation going on. The real vision of free and sound money is being hijacked. BTC can go either way. Either it will survive and get...

Mr_Project

There is no guarantee´s in this market as a whole. Will bitcoin prove it´s worth over time or not? The potential is here, but there is so many things to consider and to reflect on. For now bitcoin, even after 10 years, which is short, compared to how long our "modern economy" has been existing, bitcoin is driven by pure speculation. Well you can say other...

Mr_Project Updated 

In my honest opinion bitcoin is shooting upwards at the moment because institutions are buying up slowly. We are a great deal of people who believe that btc/blockchain is the future. The posibillities that a decentralized economy and programable money gives, are way more than any printed fiat system will be able to give us. A more sofiticated economic system,...

Mr_Project

Bitcoin is in a bearfight. Taking hits to the sternum. Watching how perfectly a new lower high has formed, almost perfectly following the trendline since March where we have already put 4 lower highs to rest. The most concerning part though, is that the trendline is getting cut off and starting to form a new and even more aggressive trendline to the downside....

Mr_Project Updated 

This is a visualisation on bitcoins next move. As we see, we have formed 4 consecutive higher lows on a longer time span. Im positive this pattern will repeat again. U can see on my drawing, what I visualize will happen. When we will hit a higher low, close end to september, a bearish sentiment is in, for hitting a new lower low. Putting bitcoin at a realistic...

Mr_Project

This is an old bitcoin analysis.. Just easy lines, and drawn on assumptions over basic resistence and support levels. Thought it would be interesting because it held up pretty well. I would say even the lines on the lower levels, seems to be realistic downfalls to hit in this bearmarket. Bitcoin is set to boom in the future, but for now, the tech isn´t ready....