Hello everyone, JT here for your crypto analysis.*(I am not a financial advisor do not buy/sell based on my analysis). Since the last time I posted, BTC decided to go my pink trend line (part 6) to the downside. We found resistance and broke back up and now we are looking at a head and shoulders potentially which I have drawn in black. However this is not the...
Hello everyone, JT here for your crypto analysis.*(I am not a financial advisor do not buy/sell based on my analysis). Hey guys another update sooner than I would've liked. Looks like we didn't get that push similar to last month but instead we got stuck at the midway point on the deviation channel. This isn't the time to panic as we still have the bottom of the...
Hello everyone, JT here for your crypto analysis.*(I am not a financial advisor do not buy/sell based on my analysis). Just a quick update, we have broken through ATH and my prediction last post (part 4) still stands I think we will see a very similar leg up as we did last month. Probably will lose momentum right around 70k and then go sideways/backtest, etc. Will...
Hello everyone, JT here for your crypto analysis.*(I am not a financial advisor do not buy/sell based on my analysis). Today we are seeing BTC test ATH and if you have been following my "BTC Bounce Back" series, you would notice we are right on track with my projections. BTC has cleared all FIB levels and I believe (based on what the chart is saying) we are about...
Hello everyone, JT here for your crypto analysis.*(I am not a financial advisor do not buy/sell based on my analysis). Today I have outlined two possible paths forward for BTC. The first in blue shows that we have already bottomed out and we are going to keep respecting the inner channel and continue forward setting new highs. The second in black is an exact copy...
Hello everyone, JT here for your crypto analysis.*(I am not a financial advisor do not buy/sell based on my analysis). It seems BTC bounced off my inner channel successfully strengthening the idea BTC already bottomed out. It seems it has also found support on the 2.16 FIB. Now this does not mean it's only up from here, my approach is always weighing...
Hello everyone, JT here for your crypto analysis. In my opinion *(I am not a financial advisor do not buy/sell based on my analysis) if BTC respects the inner channel going forward we might see ATH within a week or two. If it breaks to the downside within the next couple of days we might see the price drop to as low as 38k based on my outer channel, moving...