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235days

On the Verge of the Biggest 5 Months Bitcoin Megabull EVERHi all, this is BTCEliX!l If you have been following my updates on my Bitcoin Live Trading Alerts Subscription, Twitter or Tradingview you would have known that I warned that the Bitcoin Megabull cycle could potentially start earlier then we expected in July 2017. AND IT DID! All the exchanges Coinbase, Bitstamp, Bitfinex, BTC-E, Kraken made new all time highs again breaking past $1350. Coinbase is currently at $1423. This is just the beginning of one of the potentially biggest Bitcoin Megabull Cycle (or bubble) ever in history of Bitcoin that could progressively keep rallying through the next 5 months (May, June, July, August, September)! The reason is pretty simple, the fundamentals are that Bitcoin after the halving has been too cheap at current prices and has been kept as such low prices way longer than it should have thanks to a series of unfortunate events such as the: PBOC crackdown/regulations Bitcoin Unlimited scam by Roger Ver and Bitman/Jihan and John McAfee (ASICBoost, poor and unsecure coding) - please NEVER listen to them and always side with Bitcoin Core OR the majority of the community. A strong and UNITED Bitcoin community is what we should always side with. Were strong as ONE. Do not side with individuals which seek to divide and destroy what took 8 years to build from the ground up since Satoshi's inception) 51% miner attack Bitcoin ETF and the latest which puts a cherry on top of the cake was Bitmain or Jihan's ANTBLEED remote exploit on all the miners. Back to this simple analysis, it is very important to know that it is based on the old 235 Days Bitcoin Megabull Cycles which is a recurring pattern still active until proven NULL. Based on this cycle shown as a blue fractal on the chart, Bitcoin will reach the final "ATH" (All Time High) on October 9, 2017. Hence, prior to that date make sure you sell your Bitcoins and close your longs. Your stop loss at ANYTIME must be under the yellow dotted line which represents the longterm bull neckline. If this neckline breaks for any reason(bad news e.g.) during the bullrun take profit without any regrets. The Potential "ATH" Targets for the megabull are not presented on this chart as I recommend to just stay in Bitcoin until October 9 or until the neckline is broken with volume. The fractal stops earlier than October 9, the reason is because their has never been a megabull bitcoin bubble that lasted more than 3-4 months. This if it plays out, could be the first 5 months Bitcoin Megabull cycle to ever happen. The final "ATH" target on October 9 2017 depends on how steep (slope) the uptrend is** ** I will re-evaluate the chart close to September for the megabull and provide an update on a possible final target. If you'd like to subscribe to my Bitcoin or Cryptocurrency Live Trading Alerts or my unique 1-on-1 Cryptocurrency/Bitcoin Mentorship and Coaching courses on my TA methods PM me directly for more information. Check out my profile for my social media links and the website as all the free trading material and information are located there.
BITFINEX:BTCUSDLong
by BitcoinGuru
58
Potential Next Bitcoin Megabull Cycle - August 2017Here is my update on the current impending Bitcoin Megabull Cycle. Annotations are on chart! As you all of you know by now, we had a spot on beautiful megabull rally as I had anticipated back then: That's until the PBOC and Chinese Exchanges insiders killed the rally as the Bank of China performed investigations on the corrupted Chinese exchanges. It is obvious that these exchanges were all aware of this announcement by PBOC several days before the public did while the megabull or bull-run was ongoing and close to the ATH. Hence the Chinese exchanges orchestrated the brutal sell off of Bitcoin from $1165 down to $750 USD (and on top of margin calls galore). However, the good news lately is that the PBOC has successfully put an end to the illegal insider trading, wash trading of volume, ZERO fees, No KYC informcements, by regulating all the Chinese Bitcoin Exchanges (which is a very good move and step forward for Bitcoin acceptance as a digital currency). Chinese volume across the exchanges went from accounting 90% of the volume to a mere 10 - 6%. However, this was still a setback to Bitcoin's longtime due bullrun and adoption. But now as we are nearing the Winklevoss ETF on March 11 2017, we could be due for: 1. Another attempt to break out to a new ATH (NOT illustrated here) past $1170 if the Bitcoin ETF is approved by the SEC. If approved we are looking at the $1776-1627 range as the target . 2. Otherwise if the Bitcoin ETF is denied, we will revisit the bottom of the longterm bullish ascending triangle from 2016 and 2015 at roughly $850-830 . If we do get to this point, please place a stoploss around $800. 3. As the worst case scenario for the megabull , if the bottom of the ascending triangle holds at $830-850, it is very likely that we will repeat the January 2016 pattern and consolidate for several weeks within the triangle before revisiting the top in June at $1170-1140. From there we will consolidate for 36 days before resuming the megabull early August 2017. It is very important to know that this analysis is based on the old 235 Days Bitcoin Cycle which is still alive until proven NULL. Based on this cycle, Bitcoin will reach the final "ATH" (All Time High) on October 6 2017 (so make sure you sell Bitcoin and close your longs on or few days prior) The Potential "ATH" Targets for the megabull are: $1,630 USD $1,777 USD $2,800 USD $4,174 USD The final "ATH" target on October 6 2017 depends on how steep (slope) the uptrend is** ** I will re-evaluate the chart and targets during the megabull and provide an update on a possible final target Check out my profile for my social media links and website. If you have been profiting from my charts then feel free to donate/tip as it would be very appreciated / helpful, as all the material on my trading website and trades setup on twitter are free to you! I also offer 1-on-1 Bitcoin trading lessons on my TA methods (contact me for hourly rates). Feel free to ask me questions or Private Message me directly or by contacting me through my website.
BITSTAMP:BTCUSDLong
by BitcoinGuru
22