Update: Next target for BTC is 7800
Update: BTC Bull Run 2018 just started!
Update: Next stop for BTC 10K ! Update: BTC will probably break-out next week! The bitcoin has broken the downward trend line because of a rare diamond pattern that was formed on June 29. Maybe it's too early to say, but I'll do it anyway: Our journey to top (3) has started!
The bitcoin -0.62% is broken out of his downward trend line because of a rare diamond pattern that was formed on June 29. Maybe it's too early to say, but I'll do it anyway: Our journey to top (3) has started!
BTC will probably break-out next week!
The Bitcoin approach a very important next nearing reversal! If we go up we can continue the route to top 3.
Update: The correction is not finished and when the bitcoin market moves likes this, the bottom (2) will probably be lower. The bottom (2) will be placed next week. Target $ 6920,-
Bottom (2) for the upward trend line is placed on 13-06. With this and the bottom from 06-02 has the Bitcoin placed a double bottom in placed in the $6000,- area.To get out of here, we need a short squeeze. That is why there is a Short Squeeze in the make!
As I wrote before there are 2 scenarios: Or the bitcoin has made his bottom and wait for a squeeze (see: rare diamond pattern) or we are going make a bottom with a big bang. The last few hours we see a rare diamond pattern arise. This may indicate that a squeeze may occur. When the bitcoin make the bottom with a big bang the bitcoin will rises as quickly as it...
There are 2 scenarios: Or the bitcoin has now made his bottom and wait now for a bull run, what is possible but not plausible or we are going make a bottom with a big bang. The way it looks now will the bitcoin make the bottom with a big bang. After that the bitcoin will rises as quickly as it fell. The bottom (2) will placed in the $6000,- area!
Update: The way it looks now we have not placed a real bottom yet. That is why I think that the bottom will (2) placed in the $ 6900,- area as previously expected. These will be placed within a few days and when this is finished we can continue our way for a long climb to the top (3)
Update: $7250,- is the bottom (2) for the upward trend line. Now it is waiting for buying signals so we can continue our way for a long climb to the top (3).
Update: Bottom of correction (C) is finished. At that moment is the Bitcoin busy to set number (2) bottom for the upward trend line with a double bottom. This is a higher bottom than I initially predicted, but it fits within the margin. When this is finished we can continue our way for a long climb to the top (3)
Update: As expected, we are still busy with the correction. Meanwhile, we have placed the (B) top of this correction and we are now on our way to place the (C) Bitcoin target: $ 6920,-. At that moment we have also the number 2 for the upward trend line.
Btc is Bullish! We are on our way to set top 1