kalvitethehodler

kalvitethehodler

BTC to 19k. We are to perhaps going to consolidate more but ultimately I do believe the ship is sailing south. Prove me wrong btc

kalvitethehodler

caution bitcoin holders, the end may be near. New resistance has formed, going to take a miracle to push btc back up to negate the wedge breakdown

kalvitethehodler

would be epic if we consolidated over that green trend line, then just got an epic pump to the apex of the wedge. the key is making contact with that wedge support as late as possible, and that green support needs to hold too

kalvitethehodler Updated 

Is it time for the asset to die, or will it prevail. Looking for a bearish retest soon of this support, or perhaps we already had it.....

kalvitethehodler Updated 

If bitcoin is actually bearish, it should pump back up to 52-53k and get rejected. or we consolidate more, time passes, and we break back above the resistance. Waiting to see if this breakdown is confirmed, like the breakout from 10-12k. Never invest more than you can afford to lose but I am still optimistic after this sell off. What will save the paper notes...

kalvitethehodler Updated 

Time to consider the real possibility of a prolonged bear market. not a bullish chart---

kalvitethehodler

Just broke support btc had for 2 years. I dont see this ending well

kalvitethehodler

BTC attempting to breakout at key support. Shoulder head shoulder breakout of a descending broadening wedge? Should see a bullish move in the short term, imo. 50k is everything at this point but she can still run

kalvitethehodler

BTC looks to still be in healthy consolidation. last big support is at 49k. Descending broadening wedge breakout to the upside?

kalvitethehodler

I am 90% sure this breakout will determine when and if the cycle ends. BTC price is vulnerable here and needs to find support soon...

kalvitethehodler

Could we be in the process of forming a shs pattern? Could we be due for a push above 80k, or will we just break down out of this wedge horrendously.

kalvitethehodler

BTC needs to hold above key levels of 54k and 49k. RSI and volume looks okay on this chart, hope is not lost. It will be tho if we lose these last 2 supports

kalvitethehodler

Bitcoin on the smaller time frames I think looks pretty good. It would be foolish not to consider a long position imo.

kalvitethehodler

I don't like the way this looks tbh. bearish divergence with rsi and volume. And price is in a bearish formation. Even if it pushes up from here how will it end? Time to short heavy or perhaps put in one last long, maybe both?

kalvitethehodler

STill consolidating in a descending wedge. This breaking down or up?

kalvitethehodler

Maybe I am not seing this correctly but looks like we are forming a bullish descending wedge. This should consolidate and break up from here but it does not have to. Low 60s need to hold otherwise I believe the price will slide quite far

kalvitethehodler

Looking good for a continuation up if 62/63k can hold. After successful breakout and retest we should see a continuation

kalvitethehodler

a prediction for the price. dxy wedge could always break up but if u looked at what happened 97-98 it is similar and I think we will get a drop in the dxy.my only concern is that in recent month months dxy has been going up slowly with stocks. So unless there is come crazy convergence I see dxy continuing down and stocks/ crypo should continue performing well