Please don't be a dreamer that this is still a bull market. It's only correction with no volumen. Next drop will be big. I think around 2100 they stop again but....just for a while. I predict that we will see 1500 on S&P sooner then later.
Don't panic! It's just the beginning of BEAR MARKET and soon recession in the USA. But it doesn't mean we are going to lose money. All we have to do is open shorts on everything except Bonds :). Focus on technology, banks, utilities, energy. That's it! Another easy money for at least 2 (mayby 3 ) years.
Not much to say here. It's possible to this small bounce but after that bitcoin will drop again to abyss. And don't get to excited because Global Bear Market has just started and everything except Bonds will be falling for at least 3years. Cheers ! :)
All FAANGs look similar - bad. I as said in previous Oil analysis IMO a global market recession begins. It take some time and mayby one more leg up on stock market. Here is great example - Apple which loses strength and soon trend will be bearish. As I warned You against bitcoin, now I give you a signal before the "experts" notice it. Untill this time all of use...
Global Market Crash just started. That's all what I want to say :)
So much laughter and hate on me all the time:) But what can I say? That I am always right and I DON'T sell any worthless signals? Like all "pro" analysts here with thousands followers ? :) Just wonder...how much money they took from your pocket promising moon on bitcoin since december. But this is how it works. They are smart and you don't. Same as big market...
Nothing has changed. Realists and experienced investors are still be hating by mooners when they show what will happen soon :). But...who cares? It's their choice to live their dreams because someone promised them something. My previous analysis assumed a bounce at the 7500 level but price reached "only" 7400. Then beautiful dump and here we are again with a...
Trend is still very bearish. It's moving below 200MA and creates new lows. Only break throught 8300 may started new bull run but...until then every bullish analysis here with idiotic 100k btc (and more) prediction and funny spaceships pictures are only for loosers who want lost money. So present price around 7100 is good to sell and we may not see one more leg to...
It's been a while since I published last analysis but...nothing changed :) Trend is still bearish without signs of retreat. I don't need to put on chart hundreds of indicators to pretend PRO or to have large audience and write them what they want to read and believe :). Dreamers are 95% of crypto "investors" and it is easy to manipulate them. If you want to be...
Well...why am I always right? Because I'm not a one year cryptocurrencies "expert" like most of popular here :). If you wonder why they have so many followers here EVEN when they almost everytime wrong is the answer: I assume 95% of them are mooners and hodlers with 0 experience in investing so the only think they accept is FAITH that bitcoin will start to grow...
That was easier than I tought...nothing to say :) Are you ready for new low? I hope so...
Get ready for next big drop around max $7200. They made simple ABCD and yesterday bought a lot of btc. Moreover SEC announcment will push price to main resistance area (7050 - 7200).
Nothing to say here, Trend is still bearish, we will break 7000 soon. And it doesn't matter what kind of triangle everyone see because all of them are bearish :) so stop giving yourself hope and accept what is going on.
Last week GDT report gave fuel to this pair. And the trend is likely to change. On monday, correction should end, close to trend lines (which you see on the chart). It's a good place to enter long positions between 0.7240/0.7220 with TP around 0.7400.
Price reached strong resistance (based on trend line): So it is a good moment to open sell position with tiny SL just above peak (1.1150) or put sell stop right below support (1.1020).
It's not clear yet where that pair goes but at least we have important area to watch. Of course right now everything depends on the situation between North Korea and USA. So monitor the news and enter in proper time.