Hey guys,
I don't just give you random scenarios in both directions where I can say I am right. I call numbers and graph charts that I think btc itself might be following. However, I just as well as any other person could be wrong, but I won't tell you I was right because I've stated it can either go this way or that way. The past week I've stated exactly what bitcoin was going to do with exact numbers on the mapped out. In addition, all of the shit I just stated means nothing when we are going into the weekend uncertain if we will maintain this positive growth. This short inverse H&S pattern has not completely formed, but it looks like it will here shortly. I talk a lot about how the weekend affects volume and overall price action as focus tends to draw away from cryptos in general. However, this weekend might be different as we've gathered the attention of the big guys and we are making their attentiveness to scaleouts more imperative. I honestly believe we will bounce around 11,2 - 11,4k as we start to meet heavier resistance with the possibility of light drops over the early morning hours. Although, I would not be concerned with drastic price drops as we move towards a break on the short neckline of the inverse H&S with the ultimate goal that everyone is patiently waiting for of 12,4k mark where we would meet great resistance. We are waiting to breakout of short cycles and not overall breakouts that keep haunting us.
I don't just give you random scenarios in both directions where I can say I am right. I call numbers and graph charts that I think btc itself might be following. However, I just as well as any other person could be wrong, but I won't tell you I was right because I've stated it can either go this way or that way. The past week I've stated exactly what bitcoin was going to do with exact numbers on the mapped out. In addition, all of the shit I just stated means nothing when we are going into the weekend uncertain if we will maintain this positive growth. This short inverse H&S pattern has not completely formed, but it looks like it will here shortly. I talk a lot about how the weekend affects volume and overall price action as focus tends to draw away from cryptos in general. However, this weekend might be different as we've gathered the attention of the big guys and we are making their attentiveness to scaleouts more imperative. I honestly believe we will bounce around 11,2 - 11,4k as we start to meet heavier resistance with the possibility of light drops over the early morning hours. Although, I would not be concerned with drastic price drops as we move towards a break on the short neckline of the inverse H&S with the ultimate goal that everyone is patiently waiting for of 12,4k mark where we would meet great resistance. We are waiting to breakout of short cycles and not overall breakouts that keep haunting us.