My BTC notes

Updated

Personal notes for long term BTCUSD

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Looking bullish.
Hoping for either a drop to max 7k or continuation to 0.329 @ 9284.

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Ok, creepy, we've hit 9200, continued through and flipped 10k resistance.
Now eyeing up 11200s with max retrace to 10k, before halving 2020, then sky is the limit. See you in few months

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We are right on the long-time support. Now or never.

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Insane breakout and retest? Hold 5400 or die

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Jump from 5400 to 8200 would mean back to business. This has happened before.

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Past 8200 now, back above major trendline.
If remains above, the price may follow the trend line with hitting previous ATH in the next year or so

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Bitcoin did it.
Got itself over the trendline, tried testing ATH, now 17k, may correct back to trendline at 14kish, but should continue towards the next target, 29k !
It would be hard to contain the euphoria then.
We were at 5k few updates before, anything is possible :)

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BTC current price: $51850
ATH hit
61k in sight

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BTC current price: $56400
As we approach my targets from 2019, we have not yet retestd the main support line from years back.
This was the case in years past.
Expecting retest of the trend support line at 24k-ish and bull continuation

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BTC current price: $41650
Retest in progress, touched 1.618 at $28000
Could dip down to $20000 before continuation UP.

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2 years later, target tapped multiple times at 68k
** TRADE COMPLETE **
Plenty of space below for consolidation, 50% corrections are not unusual.
Buying dips for 100k+ next year

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Trendline from 2015 tapped at $33000, just over 50% correction as mentioned 3 months ago.
This could be the continuation starting now, targets no longer on chart, however 68k is the first target.

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Month and a bit later, trendline touched few times, now at 40.8k.
I think we will be seeing a bigger move soon.

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ALERT: BTC just broke our main ascending trendline and is at 38000
Bounce will have to wait.
Potentially looking at 28k next with 6k being the extreme scenario before next leg up, where the trend line might serve as resistance.
Next update might be in few months/a year.

Note

BTC now at 16865
Just as last update suggested, we went from 38000 to 28, now eyeing up 6k.
If 6k bounces on weekly, we are looking at Jan 2019 scenarios.
If we do get that far, we could see those eye-watering 500k+ a bitcoin targets within next 6 years.
6k would then seem like the ultimate buy and that is the area where i look at again accumulating (12-6k optimum range)

primiq

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