This is a common wall street move aka mass adoption that everyone is saying is happening. If that is the case the case this movement aka "Something Similar to" should play out. This would show real market interest and Maturity in the market and thus allow the market breaks of a typical 4 years to be reduced dramatically. If more detail is needed feel free to...
So BTC is following the same pattern as 2014 and 2018 with a Death cross that has already happened I would think this is a failed rally AKA Dead cat bounce please don't get upset and berate me because you may disagree. Take what I am showing as just that I am only here to help the space. I am Not here tell people to buy the tops of green candles. Momentum on BTC...
So here is the Current Run up of BTC for the 2018 bull run there is no death cross on the bulls side you can call it a oddity but this has factored for all Bull run cycles etc. Alts are typically a signal of a bull run end. This has remained historically accurate so until it isn't it is. Current day BTC is on the same trajectory as you can see as BTC falls from...
Here is a new current trajectory for BTC. Every big move the MM has made so far on a much bigger scale. This should elaborate and allow Price manipulation to be less relevant in moving forward . I am currently looking for BTC to fall back to 37k and possibly bounce which would keep us in this zone of a BUY BLOCK. If BTC is unable to find support around the 37k...
We were under Bearish Divergence the whole time at the top as you can see the RSI showed this on the first top then gave us a second chance at a short by double topping while losing strength. Now we will monitor BTC but it looks like our reversal if we don't fall through it will be @ our A position . This is where the RSI will then double bottom. I will be setting...
I got some critics on my last post saying price moved up... You are lie... so here is the daily chart showing the same price action on the same weeks same days and same month both in 2018 and now. So if we match the movement of this which of course History never repeats but it does rhyme we should see BTC now move to around 40 to 42k. There was clear manipulation...
Does this not look familiar??? We go up then we go down they may be able to take this higher we will see ultimately though I think we know where this heads. CME gap on the weekly and Daily against the US Dollar not tether of course cause they love using fillers to cover that up.
BTC has definitely been slowed by the whales but I do not expect that the bottom is in just yet. Keep watching this unfold. BTC should move to the upside the 0.5 of our overall fib and get deflected to the 28 27 and possibly lower K's. Keep your eyes on the prize I buy anything under 30k.
This is the current Movement on BTC as far as a bigger time frame. Yes you can play in these small areas but you are risking getting wrecked as we pinch to the edge of the flag. Floors continues to be pernitrated and we fallen below. While ceilings continue to deflect. BTC is showing bearish in all aspects not only by the flag but the strength of the ceiling to the floor.
Basically I have BTC finishing at the C for a deflection then to the wave 5. Then the ramp up for the final push of BTC to possibly 47,000-ish before we get our final downfall to the floor. (Updated)
Basically I have BTC finishing at the C for a deflection then to the wave 5. Then the ramp up for the final push of BTC to possibly 47,000-ish before we get our final downfall to the floor.
While I do think we do see some more down turn due to the death-cross. We should also see a double flip which has happened historically at different points Where we fall Fake out run up then fall again to what should be the bottom. I do not want to speculate on the run up because historically they have occurred at different times and at different positions. I do...
Current bounce/reversal positions for BTC keep a eye on these key zones even with the RSI is telling a story and staying repetitive on these dips.
BTC is Getting ready to Explode looks like we may see a Big move to the upside here here Pay attention!!
BTC current price movement we may see another day or two of sideways but should be able to complete the 5 on a bigger scale. So some pull back before the takeoff. If we break below leg 1 on the retrace be concerned that we may have broken trend and we will see more downside.
This looks to be a Bull flag break out potentially lets see if this plays out. Bull flags tend to push to a squeeze point then pop out the side of least resistance aka the upside.
BTC followed through with the Trend reversal I made a few adjustments to legs due to the insane movement and will be looking for BTC to follow through on the rest and play out accordingly to the 5th leg. I will then be looking to exit and wait on confirmation.
Here is the current Possibility of BTC it seems to be setting up for a Elliot impulse. Lets see if this will play out we are above the 50 on the RSI which is also calling for this and looking for a reversal on the hourly.