lowstrife

lowstrife

Just publishing this for the future if we do end up repeating the bubble cycle, however at this point that is highly unlikely.

lowstrife

Pitchfork on the crash to $340, we're on a new trend now. We're doing sideways consolidation between $500 an $550, then if we manage to get a push to $550 again and break it it's headed to $630. Willie is just too overbought at the moment to get any meaningful push past $550, but do not expect a complete drop back down to stupid oversold levels. At worst it will...

lowstrife

I'm expecting another continued dive down until BTC starts breaking all time highs, then as always it will correct up and skyrocket in a week. Blue circles are when BTC breaks it's old ATH, pink lines are when BTC hit's it's ATH for that bubble cycle.

lowstrife

Publishing this just to have it, even though it's old. I drew this about 10 days ago, though my "word" for that is worth little to nothing at this point. Still a very interesting setup to see the divergence leading up to the violent breaking of the bear trend. Snapshot before I published this idea:

lowstrife

90% change we will see a repeat of the pattern of the bull run to $548. It still is possible to do a retrace to $475ish, but there will be strong support to shove it up again. This is still all part of a larger move from breaking the bear trend.

lowstrife

Over the last few months there have been several major crashes which are always followed by very strong rallies in compensation. None of these have managed to break the bear trend we have been in since the top. We are, right now, days away from a convergence of this trend with the overall log growth that started in early 2013, got touched with the Silk Road crash...