So this chart doesn't need any fancy technical, it is an obvious lower low and lower high. The speculators are drying up and no new money is entering. With that, McAffee will not live up to his 1M$ call. So do we think he should use relish? ketchup? or mustard? when he eats his appendage? Cheers!
Hi everyone, LTC has corrected further, while BTC is up ~10% over the same period. No huge mystery to my (quite wide) range of $82 to $71 - I am just straddling the 1:1 extension of the wave B correction. Remember the lower it goes the better - LTC seems (through the consensus of the market) to have wide appeal and recognised value. So the cheaper it gets - the...
Now let us speculate a bit now, and ponder an ultrabull case. Of course, I fully admit that I am a bitcoin bull, and always believed we'd see 1 million USD per BTC. But my estimate has always been 2030 for hitting 1 million. Now, for shits and giggles, let's just ponder the possibility of a bitcoin hyper-adoption suddenly taking place until 2020, in order to...
Is this pitchfork that I've drawn to the downside. As you can clearly see we went through it. The last opportunity for the crash was on 1st of October. Just take a good look at it, it would be a perfect timing. A lot of people say explosive move is coming to the downside or upside, but I disagree with all of them. I think we're just gonna continue sideways and...
Market gets destroyed on 8th of October, last candle left on the daily chart before the breakdown. It goes past 5000 and 4300 because of the people panicking thinking it will go to zero. It bottoms at the most obvious support 2900 and bounces off all the way up to 5444 which will be used as a resistance point and then the horror movie begins all the way down to...
If bitcoin continues its parabolic pricing it is possible that by 2021 it will be very, very expensive.Maybe that's why John McAfee is waiting for $ 1 million in 2021. Dayly timeframe Weekly timeframe Monthly timeframe
Sorry guys for the misleading title but who cared about Verge till the 13 of december? The 13 December someone called John McAfee, a visionary, said... "If you would use your heads you would figure out that the privacy coins (anonymous transactions) will have the greatest future. Coins like Monero (XMR), Verge (XVG), or Zcash (ZEC) cannot lose" And everybody...
MGTI up 27% in the last 2 trading days. Expecting good news next week that will get us the rest of the way towards breaking out of the handle. No doubt, it's coming. The stars are aligned. Business makes sense, revenue is dramatically increasing and the charts have thrown us three big bullish indicators. Cup+Handle formation over 14 months Falling Wedge more...