MichielVan_Kets

MichielVan_Kets Updated 

I'm still convinced that it will touch the white line first before going for the crazy-straight-up-to-the-moon-bullrun everybody is waiting for ... we're almost there now, but not quite yet ...

MichielVan_Kets Updated 

yes, we're almost there now, but not quite yet ... we will see $5.8k first ... promised :P

MichielVan_Kets Updated 

it's just too obvious

MichielVan_Kets

I took the 2 peaks and the lowest point I could find ... that's what the fib channels are ... to me, when looking at the previous low and the run up to the next peak ... those channels are valid; they are the long term trend lines; we're still way to high ... we can easily go to $5k or even $3k without it being a crash, that would still be within the long term...

MichielVan_Kets Updated 

whales using their capital to manipulate the price doesn't have to be a problem, miners using their reserves to save their cash flow doesn't have to be a problem, but those exchanges printing their own currency and offering fractional reserve lending is pure treason, but what's even worse than that ?! there's no bitcoin community ... nobody gives a shit,...

MichielVan_Kets

no, no, I'm not just guessing ... I'm wishing ;-)

MichielVan_Kets

how low will it go? below the 'magical' $6.400 line ? Yeah, of course, haha ... so then what ... next stop is $4.800 ... for sure it will get at least in the neighborhood, but that's it then, from there on; up for another crazy bull run ... 100% guaranteed

MichielVan_Kets

look at the lines ;-)

MichielVan_Kets

almost there now ...

MichielVan_Kets

slowly but surely stumbling to the next buy zone ... for sure it will dip below $7k, but not too sure that it will break $6k, then ... straight up to $18k ... promised ;-)

MichielVan_Kets Updated 

just give it some time :)

MichielVan_Kets Updated 

Either it bounces up again, somewhere in between $9.4k and $10k or it crashes ... what else to say? so, all we can do is wait ... if it were to break below $9k; short, if not ... especially if it goes sideways for a couple of days ... it's a buy ... although that's a bit harder to guess, as technically it needs to break the previous high of $13.xk, but if it...

MichielVan_Kets

yes, it will peak, but then you need to sell, otherwise you don't make a profit ... there are too many real problem with the bitcoin ecosystem, as long those problems are not resolved, the crash and burn is inevitable ... the exchanges and the whales are playing the exact same dirty games as the federal reserve and the banks ... they can hide the problems for...

MichielVan_Kets Updated 

leverage trading = fractional reserve lending tether = unlimited counterfeit currency printing the federal reserve made enough money from their scam to steal half the world's wealth, slaughter hundreds of millions of people and spread communism all over the world ... and yet ... it's still there, so obviously, whether or not a currency is corrupt as fuck doesn't...

MichielVan_Kets Updated 

we're so close; if it doesn't break down real soon ... we might see $9k after all in theory, it only has to break the blue line, but it did that just a couple of days ago, yet that didn't do it, so it will need a bit more, but that blue line is the trend it has been on pretty much since the bottom, so ... it's crucial we're still waiting for a full confirmation,...

MichielVan_Kets Updated 

As long it stays within the green triangle (or above it ... obviously, but most likely it will bounce around in that triangle a bit first) and makes it to the corner ... it might still go up, but if it breaks the red line at the bottom of the green triangle; it's game over!

MichielVan_Kets

starts to look more and more as a fake-out rather than a break-out ...

MichielVan_Kets Updated 

there's a reason why it came down from $20k to $3k ... what changed since we hit that bottom?