OLD-BOY

OLD-BOY

Bitcoin needs to reclaim $38,000 to remain in bullish momentum... Until then i remain bearish and target still $20,000 in coming weeks. Uncertainty in the USA and DXY due to Biden inauguration. Market seems to be waiting for something... Sitting on my hands until clear direction shows.

OLD-BOY

With the Biden win being set in concrete the DXY has changed direction. Broken long term downtrend and now in some sort of H&S pattern... Expecting fireworks soon... Watch out bitcoin, gold and silver....

OLD-BOY

With the Biden win being concreted (it seems) the $DXY has changed momentum to the upside. Retracements in XAG and XAU have already begun and BTC will be no different. We should also head back down to test $20k as support before heading back up. So all eyes on DXY and the events in USA and with no other fundamentals i can see a couple months of bear market for BTC...

OLD-BOY

With the Biden win being concreted (it seems) the $DXY has changed momentum to the upside. Retracements in XAG and XAU have already begun and BTC will be no different. We should also head back down to test $20k as support before heading back up. So all eyes on DXY and the events in USA and with no other fundamentals i can see a couple months of bear market for BTC...

OLD-BOY

looking for a small drop before heading up... All the time the DXY is falling this is great for btc. Expecting dxy to recover around the time trump proves election fraud and usa gets back to business....

OLD-BOY

We have two major resistance points coming up on the monthly and bear trend. If we can breakthrough the $7800 mark we break the bear trend as well as the monthly resistance. Bullish. Volume looking good. Macd on the daily looking good. Lots of good buy signals. Will be watching this closely over next few days. It could be the turn.... #bullish

OLD-BOY

Think we shall see BTC attempt to hit the long term resistance on $7400/7500 early august before continuing on it's bear trend, UNLESS, ETF meetings August 10th give BTC a reason to head to $16000