A reciprocal pattern in play. take the close price of 2017 and minus the close price of 2018 , then add that to the close price of 2017..
$13863
-$3691
---------
$10172
then add
$13863
+10172
---------
$24035
My target for end of first quarter 2021 is $46535][/b
Strong buy! Keep adding on dips above $19100. Stop loss exit $18700- 19100
$13863
-$3691
---------
$10172
then add
$13863
+10172
---------
$24035
My target for end of first quarter 2021 is $46535][/b
Strong buy! Keep adding on dips above $19100. Stop loss exit $18700- 19100
Comment:
Btc bottomed @ $17998 this am.. On a 144 and 288 minute chart. If my target is met it would equal a %33 move exactly! Remember this post!
Comment:
i just did the math and its amazing! at $17988 its also gives btc a valuation of 334,150,526,038 which means it held 1/3 of a trillion almost perfectly! @26342 it would give it a 500 billion valuation! so im gonna say that bitcoin will have a high of $26342 for 2020 and 2020 will close at 24039
Comment:
I use 19100 as a stop and add # because it s half of $38200 38.2% of 100k . The November close was $19715 which is $615 off my support #. Which is pretty much $618 61.8 of a 1k dip. these fibinacci #s are always present . which to me means its gonna continue! Hodl
Comment:
17952 is 33.3% of 1 trilllion 17905 was todays low
Comment:
Bitcoin is currently trading at 22,000 with a market cap of $407 billion. Up $2900 on the day!
Comment:
We just broke $23,000 three hours after my last post. Looks like it could blow through the $26342 target but I still think it closes the year @ $24039! 2021 high could be as high as 39,000. Which will be a double from the 19100 area I spoke about a few days ago.
I added to my position at $21300 and $22300. Entered a stop order for the add in position @ $21600
I added to my position at $21300 and $22300. Entered a stop order for the add in position @ $21600
Comment:
Btc just hit $23917, 15mins after breaking 23k. Back to 23k 5 minutes later. 23600 is the # to watch now
Comment:
Btc ran $19918 off the bottom it made in March 2020. 20k.for.2020 lol. Also 19892 was the previous high so it ran the same #. Crazy how the reciprocal patterns work so well. If it breaks out to the upside again we look for $36654. which is the high 2017 ($19891) minus the low of 2018 ($3128)
Comment:
Targets
$24030. =s range of 2017 to 2018 yearly closes plus 2017 close. Came close missing it by $110 12/16/20 . Also is 23.6% of 100k
$26342 equals 500 billion market cap
$33333 . 1/3 of 100k
$36654 . Equals 2018 range + 2017 high. Also is pretty much 38.2% of 100k
$52684 equals 1 billion market cap.
And a test of 50% of 100k.
Downside targets
$19891 previous high
$17800 which is 33.33% of 1billion
$13863 which was the close of 2017
$12300. Where trump said he didn't like it.
$24030. =s range of 2017 to 2018 yearly closes plus 2017 close. Came close missing it by $110 12/16/20 . Also is 23.6% of 100k
$26342 equals 500 billion market cap
$33333 . 1/3 of 100k
$36654 . Equals 2018 range + 2017 high. Also is pretty much 38.2% of 100k
$52684 equals 1 billion market cap.
And a test of 50% of 100k.
Downside targets
$19891 previous high
$17800 which is 33.33% of 1billion
$13863 which was the close of 2017
$12300. Where trump said he didn't like it.
Comment:
Also interesting, futures trading in BTC started on 12/18/17. Exctly 3 years to today where these highs were made. Also btc bottomed on 12/18/19 . Look at the chart. Even tho it broke thats days low in March 2020 I still believe the bottom was exactly 2 years after wall street tried to ruin it.
Also on that date in 2017 a Circuit breaker was implemented for crypto .
Also on that date in 2017 a Circuit breaker was implemented for crypto .
Comment:
12/17 /17 not the 18th
So far the high price for bitcoin was $24300 on 12/20
So far the high price for bitcoin was $24300 on 12/20
Comment:
$24315 equals
$13683 the close of 2017
- $3411 the lowest monthly close jan 2018
=$10452
then add that to the 2017 close
=$24315
We just broke that price 6 days later.
Btc is currently trading at $24900 . Day high is $25000 on coinbase
$25018 on robinhood.
next target is bitcoin hitting a 500k market cap around $26350 -- $26900
Ill be lightening up around $26180
if it breaks 27k ill add back in!
$13683 the close of 2017
- $3411 the lowest monthly close jan 2018
=$10452
then add that to the 2017 close
=$24315
We just broke that price 6 days later.
Btc is currently trading at $24900 . Day high is $25000 on coinbase
$25018 on robinhood.
next target is bitcoin hitting a 500k market cap around $26350 -- $26900
Ill be lightening up around $26180
if it breaks 27k ill add back in!