Taking in mind this impressive fall I assume this is "surrender" phase and Bitcoin doomed now to rise to new highs.
My personal opinion - we'll never see such low numbers again, as price is at Weekly 200 SMA now.
But... If Weekly 200 SMA will be broken the music will fade...
My personal opinion - we'll never see such low numbers again, as price is at Weekly 200 SMA now.
But... If Weekly 200 SMA will be broken the music will fade...
코멘트:
Bearish outcome explained
코멘트:
This should bounce up now from weekly sma 200 (~5200) up to daily sma 200 (~8500). This is normal in both bearish and bullish counts.
I personally do not like tails left below triangle by panic sells. This could be either real bear trap before my green counts or bear hints before red counts.
Red and green counts now have equal probability for me.
I remind, red will just delay big bull run by one-two years in my vision. While green one may start bull run in few months.
I personally do not like tails left below triangle by panic sells. This could be either real bear trap before my green counts or bear hints before red counts.
Red and green counts now have equal probability for me.
I remind, red will just delay big bull run by one-two years in my vision. While green one may start bull run in few months.
코멘트:
Bounce up is on a track. However daily ma200 is on 8000 now.
Giant triangle approaches resolution soon. Price will either break up ma200 and upper triangle line or bounce down from ma200 and go to hell.
Giant triangle approaches resolution soon. Price will either break up ma200 and upper triangle line or bounce down from ma200 and go to hell.
코멘트:
Daily SMA 200 revisited and broken up with healthy long green daily candle. I am now waiting upper trend line (@10000) to be broken to return midterm absolutely bullish bias.
Unless that I keep in mind "Bearish outcome" related idea because of last very painful dip.
Unless that I keep in mind "Bearish outcome" related idea because of last very painful dip.
코멘트:
In a case of new higher high (higher than 13 Feb 2020 ~ $10500) any bearish scenario will be invalidated.
코멘트:
Happy halvening and as I said earlier, price doesn't give a fuck about this event.
코멘트:
Updating aka Cpt Obvious. Short-term bullish trend. Breaking this trend down will likely send price back to 5500 support. In other side if price following this trend break up long term descending trend line, we will likely see new ATH.
코멘트:
Just dropping some stones into short term bearish pan. Hidden bearish divergences on daily chart.
코멘트:
This break down isn't good in short term
코멘트:
코멘트:
All right, price doesn't respect short term trend line. I see it likes triangles now. Okay. Hit or miss. Resolution is close.
거래청산: 타겟 닿음:
The target of local short-term triangle is above $11000. Which will trigger break of long term resistance line at around $10000. And this will trigger break of giant long term triangle with target well above all time high.
This is a start of long term bull run. It probably will take around 4 years. After that world will see 10 years of bearish activity.
This is a start of long term bull run. It probably will take around 4 years. After that world will see 10 years of bearish activity.
코멘트:
Wait a minute...
코멘트:
Tripple top on daily... Bearish pattern. Will trigger at close below $8000 with a target to $6000.
코멘트:
Either triple top or range lock...
코멘트:
Still adjusting long term upper resistance line...
Price range locked for almost 3 months now...
Discovered yet another escape trend.
Price range locked for almost 3 months now...
Discovered yet another escape trend.
코멘트:
Idea closed. Triangle broken. Hope so... )) Looking what to post next.
