The world is preparing to lift lockdowns. So businesses are going to go back to being open. Costs to operate will rise, revenue will fail, people aren't going to spend or go out. We will experience the correction this summer. The fib targets are too perfect.
HODLERS MUST LOOK We are coming up to the next halving in less that 34 DAYS - Est. 13 May 2020. This event is likely to change the value of BTC as it has over the last 3 halvings. In addition to increasing public awareness and media attention around Bitcoin. If your reading this, you have to remember that not even 10% of the global population are actually...
The HODLer community in the early years of 2008-2014-2017 lived through the greatest profitable assets known to man. These early adopters and HODLers have experienced the greatest bull run in human history. They are so confident on the next bull run. The sheer determination to hold on to their bitcoins no matter what is the what differentiates BTC from every...
Recession In the UK we came to the end of the financial year and at this point the end to the first quarter for the global economy. Governments around the world will now declare that GDP our economic production has decreased, and unemployment has increased. We’ve seen all major central banks update fiscal and monetary policy, the Fed has announced a 6.2 trillion...
The Great Great Depression of Everything Bubble‼️⚠️
I produced this graph on the 26/02/20. I had both options of price increase and decrease implemented, this allows me over the period of month to watch how BTC behaves. Initially, we followed the bullish line but we retrenched and followed to the bottom of the bearish line which was more steep than expected. However I anticipate, that we will move sideways until...
Last few weeks have seen all crypto's bleeding. Going into the back end of march we can still see this uncertainty. The price movements in the markets arise from the millions of people who interact with it each day. The human component of the market prevail, emotions and instincts interchangeably, cause volatility. 1. The 11/03 saw a decline of -49%. Almost...
The technical analysis (interpretation) of price movement and chart patterns for ETH GBP. The Fibonacci retrenchment instrument was used to indicate support and resistance levels from a yearly perspective. For investing follow cryptocurrency TA on the monthly or yearly. When you indulge in weekly, daily or swing trading risk significantly increases. If however...
Im currently not trading as a want to allow the market sometime to orientate itself. Currently for me the market is too violitile, hence why I have completed this long-term T.A.
I produced the trace lines for both bullish and bearish results and as you can see it tracked shortly along the bullish predictions and immediately dropped to the bearish prediction line. Currently it’s following bearish predictions quite closely. Further TA over next couple of hours and where the bottom for this plummet is and if we will start to see the halving...
From Jan 2020 LINK has been outperforming many alt coins. Being up 84% from YTD. The projection here remains long however if we breakpoint of purple wedge, or the parallel channels we could interpret that as bearish and price drop. However I’m long for 5 year range.
Doward trend in red parallel channels. Into green trend from jan into the new year