chrislight19

chrislight19

BTC will it break this channel? Major resistance points around 9200-9500, major support at 5200(seen in purple or pink -I am half color blind =D). I think whether we break this channel or not (In yellow), this is just correction from the major falls for the last three or so months. I see at least a reattempt of the 6420 support or a fall to 5200ish. I do however...

chrislight19

I have spent so much time analyzing and trying to figure out the direction of BTC, I struggle because I have seen what happens when it takes off, and have witnessed plenty of FOMO in this market. I do not know with certainty what our short term will be. I think it will return to the 3100 support, then attempt another push up before heading for the 2600 range. I do...

chrislight19

Crypto seems to move much quicker than typical markets. BTC has been getting astronomical gains since its launch many years ago. Looking back there has not been much "bearishness" of BTC. Every drop has been well within market standards. Back in June there was a month long "correction". September 1st we hit another high and then we started our slow correction...

chrislight19 Updated 

Well the time is here. It took longer than I had expected, but it looks like BTC will continue to do some much needed correction. With all the records in the market and its price, I am impressed it stayed so strong so long. I think it is going to fall into the 3350-3450 range and probably go side ways after that. I think the there will be another drop possibly...

chrislight19

Based on the BTC Purists I have come to this conclusion....reasonably I think it will continue to do well, but enjoy the laugh