The bears are everywhere. Which probably means they have all already sold. The institutions are very thankful. Going into this weekend we saw peak FUD out of china. Charlie Lee (brother of bobby lee) says that mining will not be banned. I suppose OTC 15.38% trading could still be banned, which will make things tough for miners, maybe that is the red option?
Either way, uncertainty will be removed. This has been a very interesting bull market, as i've mused about on twitter, it seems the market loves when uncertainty is removed regardless of resolution. So this can apply to segwit2x as well. Basically a month from now there will be absolutely nothing that can stop bitcoin . Not china, not forks, not x y or z. If you are hoping for a 2014 bear market i'm sorry but its just not coming. We had our chance. What entities are you selling your coins to? hmmmmm....
The self-fulfilling prophecy of bitcoin continues. Good luck.
Either way, uncertainty will be removed. This has been a very interesting bull market, as i've mused about on twitter, it seems the market loves when uncertainty is removed regardless of resolution. So this can apply to segwit2x as well. Basically a month from now there will be absolutely nothing that can stop bitcoin . Not china, not forks, not x y or z. If you are hoping for a 2014 bear market i'm sorry but its just not coming. We had our chance. What entities are you selling your coins to? hmmmmm....
The self-fulfilling prophecy of bitcoin continues. Good luck.
코멘트:
Potential inverse h + s forming, structurally a bit messy but volume wise looks perfect:
코멘트:
On the brink of a break out! Buy volume came in for the right shoulder, and picking up as we break through the neckline as you would want to see:
코멘트:
As i pointed out on twitter about litecoin (charts pretty much in sync right now) we have a nice adam and eve bottom forming:
코멘트:
Looking great. Price action looks strong, MACD just crossed. Meeting resistance from the 50 day MA so some consolidation in this area before going higher (as initially anticipated) is likely:
코멘트:
Also, just adding this to show the inverse h + s pattern target on the 1h chart was reached:
코멘트:
And now maybe a nice handle for the cup as we meet resistance (on the daily chart):
코멘트:
Not really a cup and handle more of a break out and retest of support before going higher. Anyway, never get caught up in the labels : ) A moon's a moon, coming soon:
코멘트:
Bitcoin on fire, bears getting massacred. Was messing around on twitter at how all of these head and shoulders patterns have been faking out the bears. They have almost been bullish patterns with bitcoin haha
코멘트:
Another bullish head and shoulders pattern lol
코멘트:
bull flag
코멘트:
Would you like some handle with that cup? Yes please : )
코멘트:
Alste was wrong! LOL : )
