jblinco92

jblinco92

Logarithmic resistance has been met again, after a quick second stab at and fail to close 1d above we should see a sharp correction back down the the log support @ around 5850. If however over the next few days we manage to close the 1d above the resistance we shall see a surprising launch to 10k areas. Comment thoughts :)

jblinco92

Head and Shoulders confirmed by 4hr close above neckline. Good sign correction is over and uptrend to continue. Battle with local fib levels until re-test of ATH and log mega-resistance. Express line to the moon if this is broken.

jblinco92

Bitcoin has been increasing at an exponential rate all year. Has one more increase in magnitude before topping around Oct 9 @ $10k. Expect a massive correction and bear market to kick in after high around Oct 9. Chart is logarithmic so those increase in bull trend angles are actually parabolic, if it picks up the new angle the move will be massive.

jblinco92

Logarithmic support found, price to move back to test long-term logarithmic resistance (Breaking this will launch price and set up a huge high for October 9 (235-day cycle end ~$10k). Fractal from previous bounce off log support.

jblinco92

Possible price projections. Chart on logarithmic scale, if bull trend support breaks expecting sharp drops to lower fib levels (orange). Overall trend still very bullish, expecting price to continue up and retest all time high where it should break through and experience some rapid growth, hitting and testing long-term fib levels of resistance (purple)