codified_likeness_utility

02:25

codified_likeness_utility

This is a followup video to my previous post about investor psychology affecting the price of Bitcoin based on what has happened in the previous market kill zones.

codified_likeness_utility

So we have all been sitting by pulling our hear out trying to figure out what has been going on with Bitcoin over the last three days or so. We came so close to breaking the neckline for an almost perfect Reverse Head & Shoulders setup that would catapult us into a solid bull market. BUT, that didn't happen! Instead we have been dumped on by major whales,...

codified_likeness_utility

Looking for a daily close above the neckline of the Reverse Head & Shoulders Pattern, Major Bearish Trendline and a breakout of the Ascending Wedge . This is likely to happen withing the next 24-36 hours and would mark a major bullish move upward for Bitcoin 4.19% . If we break into mt target zone (which falls between the retracement of the .50 and .618 Fibonacci...

codified_likeness_utility

Looking at the daily chart for $XBT we may have yet another Reverse Head & Shoulders setup coming into play. If you look at the VPVR on the right side you can see the gaps in price that need to be filled in before we go to higher highs. This RH&S setup would be a nice smooth way to fill that in and push us into massive momentum! Side Note: On a larger scale I...