$4000 or $400, the great decision is coming.
Updated
It's unlikely Bitcoin will spend very long up here near the ATH 2.59% . The 235 day cycle is coming and is in range currently on the 16th, so if bitcoin will get a reversal it will be here.
However, if we see extended consolidation up here in this range below but near the ATH 2.59% , it shows weakness in sellers. Similar to December 2012, September 2013 and March\April\May 2016. It could spend many weeks there if it is a bullish resolution before breaking out.
Time will tell what the resolution is, but this will be a big one boys.
Continuing my usual trend of generating ideas where it can go either up, or down, so I can always look back in hindsight and say I was right :). Cheers all
However, if we see extended consolidation up here in this range below but near the ATH 2.59% , it shows weakness in sellers. Similar to December 2012, September 2013 and March\April\May 2016. It could spend many weeks there if it is a bullish resolution before breaking out.
Time will tell what the resolution is, but this will be a big one boys.
Continuing my usual trend of generating ideas where it can go either up, or down, so I can always look back in hindsight and say I was right :). Cheers all
Note
Wow. $2600 out of $4000. Surreal.Really extended right now, we'll see where this blows off at.
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Current chart.
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Weeee, pullback a few hours after I update this. Only a 18% pullback in the scheme of things, this market is incredible. The volatility is amazing.
Wanna buy the dip? Trend is your friend until Margin call.
Current price 2350
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#
4KC'mon bulls, let's hit the target so I can sell.
s3.amazonaws.com/tradingview/snapshots/6/6t4dkkyl.png
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Big consolidation here... will it resolve?Trade closed: target reached
Close e-nuff. What a riot.Note
This leg is the top. Note
We aren't far now.Note
Continuing my usual trend of generating ideas where it can go either up, or down, so I can always look back in hindsight and say I was right :). I was right. There. Ego. Go.
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