- Shorts are at an All-Time High.
- 2017's PUMPS from (3/25, 7/17, 9/15, 11/11) to 20k. Using those trends but in 2018 at The $6k Stage points to $20-33k by EOY.
- BAKKT launches in November.
- A lot of volume around $6k.
- Hasn't gone below the $6k area even though it's touched it several times.
- O.T.C. Supply Low / Demand High below 6k?
- It can swing between these two:
Head and Shoulders from June 15th to where I think it will close around Sept. 15.
Inverse Head and Shoulders from March to where I also think it will close around Sept. 15.
- If it drops below 6k and bears run next area of support is around $4.2k.
You assume all risk.
A closer screen shot:
- 2017's PUMPS from (3/25, 7/17, 9/15, 11/11) to 20k. Using those trends but in 2018 at The $6k Stage points to $20-33k by EOY.
- BAKKT launches in November.
- A lot of volume around $6k.
- Hasn't gone below the $6k area even though it's touched it several times.
- O.T.C. Supply Low / Demand High below 6k?
- It can swing between these two:
Head and Shoulders from June 15th to where I think it will close around Sept. 15.
Inverse Head and Shoulders from March to where I also think it will close around Sept. 15.
- If it drops below 6k and bears run next area of support is around $4.2k.
You assume all risk.
A closer screen shot:
Note
Catalyst. Bitmain buying back their BTC.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.