Hanu0303

Hanu0303 Updated 

Not sure if I would take this long with BTC looking like it could drop any second now. But worth posting this as another opinion :)

Hanu0303 Updated 

Will be keeping an eye on this!

Hanu0303

Just my opinion. Let's see if it plays out.

Hanu0303 Updated 

If we look at what happened in July 2013 we had a good little pump before slowing down for a long bear market. This time around we will be lucky if we hit near USD8,800. But we are in for some sideways trading before BTC goes up to above US$9,000 again. Hopefully the wait will be shorter than after the drop in 2013. This is my best guess for now. Luckily I won't...

Hanu0303 Updated 

BTC move a little above my previous prediction with the right shoulder. We may not go as low as my TA because of solid support just above $8,000 but it feels like the bears may be shacking the tree a little too hard and we could go very low before starting the rebuild.

Hanu0303 Updated 

Lots of resistance at US$ 9,000 and good support just below US$ 8,000. If we see a correction and we hold above US$ 7,150 the inverted head and shoulders will form that may push us into another bull market. Just a theory but I am long on BTC and hope this pans out. Comments welcome.