Dear Friends! :)
Who would have thought, that D4rkEnergY could get sick? I flew back to Seoul 4 days ago. Got 5 hours of sleep on the plane. Installed in my apartment. When I arrived at our office I was quickly briefed that we had a big event for clients, sponsors, ICO's in a big venue. I was told to prepare a speech and make a Live TA-show on Bitcoin for +500 people - aaand the event was about to start - I had 2 hours!
After the event we went out and had some dinner with our customers - Korean BBQ of course. For those of you who don't know how to do business in Korea, I'll reveal it here:
1. Eat
2. Drink Soju mixed with beer!
3. Drink more Soju
4. Talk, negotiate
Repeat...
I'm from Denmark - and in Scandinavia we know how to drink... But D4rkEnergY had to surrender in the end... But now I'm finally back - and this time I'm going to tell you WHY Bitcoin soon will moon!
As you can see I have made a comparison between S.P.Y: S&P 500 and Bitcoin. The S.P.Y aims to track the Standard & Poor's 500 Index, which is comprised of 500 large- and mid-cap U.S. stocks
Here is what I have realized:
- Bitcoin is following S.P.Y
- But with a delay - it seems like S.P.Y is in average 2-3 weeks ahead of Bitcoin
As you can see we have very similar patterns:
- Bull run
- Double bottoms
- Double Top
- Bear flag etc.
Now what?
S.P.Y started its new uptrend May 2nd. 12 days ago. As you can see on the RSI it started after a double bottom on RSI Level 43, where we also now on the BTC-chart has made our first bottom.
We are at 8,400 USD now (while I'm writing this post we are having a sick spike to 8,8k USD). But if we will follow S.P.Y we can expect to go down again, and make a double bottom before we will moon!
D4 Loves You <3
Nice to be back again - Please leave a LIKE and follow for more. Thanks in advance, my friends :)