moarbtc

moarbtc

What goes up must come down Spinnin' wheel got to go 'round Talkin' 'bout your troubles it's a cryin' sin Ride a painted pony let the spinnin' wheel spin You got no money and you got no home Spinnin' wheel all alone Talkin' 'bout your troubles and you, you never learn Ride a painted pony let the spinnin' wheel turn Did you find the directing sign on the Straight...

moarbtc

Huge Bear Flag forming on the weekly. By golly this could perfectly set up for the final dumperooski. Obliterating your dreams and pulverizing what value was left of any altcoin bags you are still holding onto. BTC down possibly to 1800 and then the long accumulation begins. One last pump before the dumpy dump you ask? Wouldn't it be perfect if you could sell...

moarbtc

If comparing to the last bear market there is a good chance bitcoin is close to bottom and has started its long accumulation phase. With that being said I still expect at least one more flash crash with wick down to at least 2500 sometime over the next few months. Not investment advice but I'm stacking buy orders between 3100 and 2100 and just going to wait. I...

moarbtc

all signs pointing to a breakout soon the question is which way? Volume has been steadily declining, bearish triangle almost completed, and in a downtrend i would lean towards continuing downwards. Although RSI forming a bullish flag which tells me high probability of a small bump to 4000-4200 before we go down. Im neutral to bearish right now but will react...

moarbtc

short term long, medium term short, long term long. ride the rollercoaster weeee! why? bla bla ba, I got to spell it out for you???

moarbtc

chart says it all

moarbtc

One more drop to around 2500 then a long consolidation 200+ days. Q3 2019 Bitcoin will shine for now just let it be. Once consolidation phase starts just nibble along and accumulate 8 days a week.

moarbtc

RSI on the weekly still has not broken 30. If you look at 2014 it dropped 60% from the bottom of that triangle and bounced and then pierced 30 RSI before the bear market could be ended. After this aggressive drop of recent days I see Bitcoin bounces here upwards 200-800 dollars and then comes back down piercing support of the long term stable bullish channel and...

moarbtc

RSI turned up, about to break out of a bullish wedge, Volume looking good. Possible 100% gain.

moarbtc

For the last few months they have be making small but steady higher lows and seem to have formed what looks to be a bottom. RSI pointing up, AND Volume way up from the abysmal volume earlier in the year. New partnerships forming all the time, see OmiseGo Partnership with Quantstamp for them to secure Plasma MVP. I told you $QSP wasn't going anywhere and the...

moarbtc

We all have our hopium charts. This one is mine. Hope you enjoy! Everyone can relax, Bitcoin will soon be entering back into it's bullish channel again where it belongs. It will then continue upwards at a steady pace until the next halving and then will break out of the channel for 600%+ gains similar to the last two bullish cycles. Then it will be not too...