UnknownUnicorn1364114

UnknownUnicorn1364114

Reversal candle to new highs or SEPT. 1st repeat? Alot of fundamental comes into play right now with upcoming fork but a lot of big money investors who are pro BTC seem to think BTC is at a premium price rn and wouldnt mind some correction of current price... now when pro BTC investors are saying this I tend to sway towards a short term drop of X % in btc or at...

UnknownUnicorn1364114

Chart I had posted about 3-4 days ago was confirmed yesterday by ATH break if we are following the same pattern my next target is 6500 but I am being cautious between 6500-7k represented on the chart.... if 7k broken I have little to no doubt we hit the main target of 7500

UnknownUnicorn1364114

Ive been looking at this pattern for the passed two days but did not want to get anyones hopes up until we showed signs of a bounce. Based on the passed ATH indicated by the rectangle on the left we were over 4k when we went from 4475 and fell about 18-19% to roughly 3600. Now we shows signs of that exact same dip after we reached 6180 and as of yesterday fell to...

UnknownUnicorn1364114

Matched up the similar patterns of ATH's since August by a time frame of roughly 7-10 days The milestone of 4 k was followed by 4-5 ATH's before falling short of 5k and dropping about 40% to 2975-2985. Now that we have hit 5k 3 ATH marks stick out to me 5k, 5850, and 6180 (Arguably you could count 5380-5390 but we reached that not even a day after hitting 5k... ...

UnknownUnicorn1364114 Updated 

just some potential patterns for the upcoming week..... a lot of fundamental aspects coming into play this week... BTCG hardfork expected OCT 25th could be delayed or early due to how fast blocks are being mined... How much money is selling before the fork? whether that be converting to FIAT? piling back into the alts? I'd really be surprised if we decide to...

UnknownUnicorn1364114

Ok on the chart I have weekly charts from April of this year to current now weeks in between than and now indicate that we usually have 6-8 weeks of upside after correction of roughly 30-60% even more in passed years..... and its foolish to not look at the passed and realize that we have had about 5 weeks since the dip to 2900 where we have been on uptrend... Im...

UnknownUnicorn1364114 Updated 

In my opinion the drop to 5100 was a reassuring to what I had thought would of happened days ago ....we needed a shake out of all the FOMO traders after the 5k mark .... people moving all of their portfolio into BTC was a nice thing to see but also a scary thing and I am not surprised by this drop after the drop below 5400 seeming as thats when alot of weak hands...

UnknownUnicorn1364114

My chart shows a potential bounce @ 5500-5520( represented by the rectangle indicator) 5520 being the exact point of the bounce if not we fall to 5400 and most likely below that but I will wait another few hours to comment on that situation if the bounce fails 5800 has shown to be a great resistance point for us but I am actually pleased with this due to the...

UnknownUnicorn1364114 Updated 

strong close above 4700 could present another bull run or a stronger floor on 4700. if not the downtrend is as posted on the chart.

UnknownUnicorn1364114

Waited until morning time to post but its exactly what I expected another short term squeeze on BTC closing above 4700 in the next few hours we could be in for another bull run.... Bulls are seeing red and BTFD with the intention (I'm assuming) to drive up the price as much as they can until the fork on OCT 25th. I wouldn't be surprised if we reach 6k by that time...

UnknownUnicorn1364114

Short term decision time on the hourly

UnknownUnicorn1364114 Updated 

It is decision time for bitcoin.... I feel a good fundamental push could send us passed 5k but if we are relying on technical signs I feel we are in a very neutral zone ATM and I am only going to be bullish if we make a critical move up. Again I am hoping we have some good fundamental news in the near future.

UnknownUnicorn1364114

5k was a big psychological barrier for a lot of traders and HODLers and when that barrier is broken a lot of minds shift to LONG positions and all the leftover shorts that were held as collateral above the 5k mark were as they say REKT. As well as investors liquidating their Mid - High risk , Short - Mid term ALT coin positions and adding to their BTC position,...

UnknownUnicorn1364114

If we close above 4800 we are back on track to 5k due to a bullish sign of a reversal.... However if we fail to close above 4800 4600-4700 is imminent.