THIS PROVES WITHOUT A DOUBT THAT THE TREND LINE IVE BEEN DRAWING FOR WEEKS AND WEEKS!!!!! IS 100% VALID CONFIRMATION THAT THIS IS THE LINE TO BE FOLLOWING AND WATCHING AS LONG AS WE DO NOT CLOSE BELOW THIS LINE WE ARE STILL VERY BULLISH!!!!!!!! HOWEVER IF WE DO CLOSE BELOW THIS LINE LITERALLY ARE SO CLOSE BUT NOT THERE IF WE GO BELOW 5500 AND CLOSE THEN YES THIS...
AS LONG AS WE REMAIN ABOVE THE LONG TERM TREND LINE FROM A TECHNICAL STANDPOINT WE ARE STILL BULLISH SO IF WE DO GO JUST $250 DOLLARS LOWER AND CLOSE BELOW 5500 THEN YES WE HAVE BROKEN THE TRENDLINE AND ARE NOT VERY BEARISH BUT DONT PANIC WE ARE NOT THERE YET AND AS LONG AS THIS HOLDS ABOVE THE TRENDLINE WE COULD SEE A MASSIVE RALLY INCOMING SO WATCH CLOSELY AND...
well it happened the unexpected came but I would say as long as we remain above 5700 things aren't as bad as they seem if we close below 5500 tho I would have to admit that short term bullishness standpoint on bitcoin would have officially been obliterated and would likely me it could send ous into a bear market that could push back the next bullrun another 6-12...
WE ARE ABOVE THE TREND LINE!!!!!! PLAIN AND SIMPLE WE ARE STILL BULLISH!!!!!! POINT BLANK PERIOD SIMPLE EASY TRADING BASICS
it isn't going to trade in this low 6k range FOREVER it must break one way or another eventually and I most certainly do believe it will be UP NOT DOWN we shall see soon enough
SHORTING IN THIS SCENARIO WOULD BE ABSOLUTE COMPLETELY RECKLESS AND PLAIN FOOLISH TRADING A MASSIVE BREAK ABOVE THE LONG TERM TRENDLINE IS AN EXTREMELY EXTREMELY BULLISH OPPRUTUNITY AND UNLESS WE DO SOMEHOW COME BACK AND CLOSE KEY WORD CLOSE BACK BELOW THE TRENDLINE WE ARE STILL BULLISH IF WE GET SMALL WICKS POKING BACK BELOW THE TRENDLINE THAT IS 100% TO BE...
either way its still skyrocketing in the end much smarter to lock in guaranteed prices now then speculate it to go slightly lower first
however it dropping is complete gambling and speculation there is no telling how low this could go but Im telling you right now taking the price right now as is in just 2 weeks will pay off I would much rather lock in my bitcoin at this price level 100% then speculate that it will go a little lower first and get destroyed due to a massive rally in the span of 5...
I think its a very good possibility that the retrace is the bottom and we could absolutely see continuation to higher highs soon.... at the very least we DO HAVE MORE THEN A 50% CHANCE THAT WE WILL NOT SEE LOWER LOWS AND WILL NOT SEE A RETRACE BELOW THE BOTTOM OF THE RALLY!!!! the odds are definently in favor for the bulls at this point espessially considering...
WHO KNOWS WHO CARES ALL I KNOW IS MOON HERE WE COME UNFORTUNATELY I HAVE 100% OF MY POSTITION IN ETH RIGHT NOW SO I HAVENT BEEN ABLE TO ENJOY BITCOINS GAINS RECENTLY WHEN I SEEN THE NASTY DROP MONTHS AGO AND IT WAS FREEFALLING I DIVED IN AT $287 QUICKLY MADE ALOT!!!!!!!! OF MONEY AT THE BOUNCE ONLY 2-3 DAYS LATER TO $320 SEEING A VERY IMPRESSIVE 20+% GAINS IN JUST...
NOTE THIS IS A VERY VERY BROAD GUIDELINE OF HOW BITCOIN WILL PLAY OUT THERE IS ABSOLUTELY NO WAY OFF PREDICTING THIS DISTANCE AWAY ACCURATELY BUT BROADLY THESE MOVES UP AND DOWN WILL PLAY OUT TO PUT IT SIMPLE THE ONLY THING U NEED TO KNOW IS WE WILL RALLY MUCH HIGHER IN THE COMING WEEKS AND THERE WILL BE ONE FINAL RETEST TO SUPPORT BEFORE WE SEE NEW ALL TIME HIGHS...
I told you guys I was a whale and knew what I was talking about but all you wanted to do was trash talk me and say I was an idiot look at that chart and look what I said I came out extremely bold and said it would skyrocket irrationally out of nowhere extremely soon and what happened? oh wow show me 1 single person on trading view who made an extremely...
ITS OVER BRO I SAID IN MY LAST ANALYSIS BITCOIN IS LOOKING EXTREMELY BEARISH AT THE TIME BUT IT JUST DOESNT MATTER!!!!!!!!!
THERE IS ALWAYS A CATCH AND JUST BECAUSE IT LOOKS BEARISH DOESNT MEAN IT IS GOING TO GO LOWER SOMEHOW SOMEWAY WE ARE GOING TO IRRATIONALLY BREAK OUT VERY SOON SURE ITS POSSIBLE WE COULD GO A LITTLE LOWER FIRST TO 6100-6200 AT THIS POINT IS ON THE TABLE BUT VERY SOON WE ARE GOING TO SEE A IRRATIONAL PUMP OUT OF NOWHERE AND ITS GOING TO SKYROCKET WHY REMAIN SO...
SOUTH KOREA IS THE SMARTEST COUNTRY IN THE WORLD WITH 108 IQ'S THE US EXCHANGES LIKE COINBASE ARE VERY BEARISH AND ARE TRYING EVERYTHING THEY CAN TO KNOCK THE PRICE BELOW SUPPORT BUT SOUTH KOREAN MARKETS ARE TOO SMART FOR THE US THEY WILL NOT LET IT HAPPEN NO MATTER WHAT THEY THROW AT IT!!!!!!!!!!!!!!
WE DID NOT BREAK THROUGH THE TRENDLINE YET THIS MUST BE A WICK!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!