mikenz

mikenz Updated 

looks like we could be in for a temporary consolidation with visiting 2800-3500 levels. valid with price below 4480-4500 level. If 5000 is reached go long. Happy trading

mikenz

long term analysis based on historic support levels.

mikenz Updated 

I let the chart speak.

mikenz

Update of my previous log trend charts. Enjoy further grow the next months. watch out for temporary sharp corrections. Take profits regularly and be very careful with shorts now. Enjoy. If you like to receive future updates, please support my work: 1LTr8KyrbEJdLo3t7XowrBCr5nV6s1Gx4y Thank You.

mikenz Updated 

BTC is moving strong within its logarithmic upward trend. We just crossed long term resistance. temporary correction to 1900-1870 levels likely.

mikenz Updated 

follow this closing triangle formation for next days short term correction. go long once the upper line is broken .

mikenz Updated 

For longtime developments, you cannot think linear. They develop exponential. Here is my log chart for BTC makro trend movement. Nothing for daytraders :)

mikenz Updated 

market looks like traders are slowly exhausted of ongoing undecided BU/BCC drama and slowly realize there might actually never be a fork.

mikenz Updated 

We overshot the long term trend the last days as expected in my last charts. Possible short term correction to 1200-1300 levels likely but not necessarily. Long term trend upward will stay intact. Good trading guys. Rewards appreciated. Support my work: 1LTr8KyrbEJdLo3t7XowrBCr5nV6s1Gx4y

mikenz Updated 

Possible mid term tipping points . As always long term log chart only. Everything else will lead to wrong results.

mikenz

we are returning to long term main trend. If you want to know how this looks like, go to 1Week LOG chart (not linear chart!). This is my idea of the developments within the next days based rather on experience then on TA. I would expect a temporary sharp correction either shortly below 1300 or between 1300 and 1350 level due to profit taking, price oscillation...

mikenz Updated 

We have one of bitcoins typicall curve bull patterns here. Long term logarithmic trend shows clear upwards. Lows at 1150 levels remain unbroken. Chances are very good that the expected necessary correction has already been completed. Next stop 1300.

mikenz

BU rapidly gaining mining support. When we reached 51% a HF is very likely. We learned from the Ethereum disaster (ETH/ETC split) that a drop by 50-70% is possible. I dont expect a long bear markets afterwards like with ETH though, since the scaling issue will finally be solved one way or the other for the first time ever and there is nothing else to prevent...

mikenz

if you speculate on etf disapproval, you could try making some bucks by shorting a temporary correction. Or you just stay long,making a coff, go playing golf and watch your portfolio increasing anyways. next ETF approval deadline (XBTC) is around the corner, end of march.

mikenz

mid term log chart: correction might fade out with dash returning to main trend.

mikenz

log chart indicates short/mid term resistance within 1500 USD area. expect temporary correction within the trend

mikenz

self explaining log chart. long time trend strong, short time modest correction possible but not necessarily.

mikenz

self explaining longtime log chart.