CBOE Future never disappoint you. There was pump & dump to +-30% from highest / lowest in each CBOE cycle. Now, they dump from 8500 to 6000 and it's 30% down from top...right before CBOE settlement date. What next? I think people will stop dumping for a while and let the price climb up to 6500 again ( or maybe 6800-7000 ) And then they will dump all the way to...
From my observation on BTC price and CBOE settlement date. I found out that the price movement are likely to move up or down from the bottom/top of each CBOE cycle around 30% Eg. The last CBOE future period, the bottom is 5800 and BTC move up to 7500 just before CBOE Settlement ( 30% ) So, if my analysis ( guess ) is correct. The next target price of this bear...
From my last analysis, I thought the 4 months up and down cycle will continue and BTC price will going up to test 9000$ by June 2018... But I was totally wrong! But now I get it! It's easier to suppress the BTC price down because there are few players in the market right now. So the last time CME future was settle, BTC price was around 7700. But since they...
Base on CBOE/CME Cycle and price pattern, this is my June - July 2018 price prediction (1) Price continue to drop to 6800-7000 range within 31 May 2018 (2) Price sideway around 6800-7000 from 1-6 June 2018 (3) Price suddenly serge up from 6800 to 7500 in few minutes (4) people FOMO buy and price start to climb up to 8000 slowly (5) when BTC price reach 8500, it...
Will BTC copy the last downtrend? Let's see how it done :) 2 more weeks.
You can check my previous analysis about his hellish CBOE/CME cycle that suppress/pump BTC price ( and the whole crypto market ) into dump & pump cycle. If my guess is correct, this dump will stop around 6-7 June 2018 at around 7000-7200 price. and it will continue to pump again. But since the price will stuck at trend line ... so the highest price for next BTC...
Since BTC test 10k and couldn't pass, the price start to crumble. Now it form very big Head & Shoulders pattern in 4H Timeframe, the neckline is around 9050 and I think it won't hold. Expect slow price drop to 8800 then struggling to go up to 9000. Then drop to 8500 and up to 8700.. Then 8000-8500. From my idea, the price will continue to drop to the bottom (...
Who need indicators? You can just draw table and predict the price!
From what I notice earlier, BTC got pump or dump 1 week right before CBOE future contract expiration. This month, it will expire on 16/5 and one week before is 9/5. ( 4-5 more days ). And BTC also showing bearish triangle that might possibly change the trend from uptrend to downtrend... Let's see what will happen! 4 more days.
I notice that the CME/CBOE settlement date are related to BTC price. This is just my idea, need more time to prove this pattern. * Price will pump or dump before CBOE settlement date ( right before enter the red zone ) * There were 2 cycles of pump and dump so far ( the current cycle is pumping Apr 4, 2018 ) * The price will keep pumping until around 9-10 May...