Following a bullish breakout of a descending channel pattern my price prediction for bitcoin of around USD $4000, and then some retracement can be expected, but it looks like the bulls are gaining strength once again. Most of the panic sellers have probably sold their bitcoin now to institutional investors, and the remaining HODLers are optimistic that prices will...
Using the Logarithmic view I find it quite clear to find the relevant supports and buy points. Obviously technical analysis is all subjective, and price action must be observed closer to the time on these areas to determine whether they will hold or break.
A bullish lookout. Although fractals? Basing future price predication's off past prices?? Or market cycles, we'll see.
If so maybe it plays out much faster, 2014 went sideways for a long while.
I believe we are approaching a deciding point. I'm hoping for increase in price soon (1,2 weeks max).
Want to say 6.7K low.
I wouldn't sell now.
I cant really chart,...
Price has been accumulating in a range for the next leg up for new ath
we saw a fake out under 400sats
Looking to buy at 550sats area
strong support at 600sat, would like or it to turn to resistance
first target 20000sats
First things first. Big shoutout to my brother Roms for calling the buy order @ $6000 4 months ago. He is the real magician. LOL
Anyways the downtrend is finally broken as you guys can see, inverse head & shoulders forming almost complete however a long is not valid until we break the neckline...
I see a key date of Feb 19 for a defined trend showing either a bullish breakout at the end of the wedge which appears to be in equilibrium at $8600 or a resumption of the bearish trend seen so far in 2018. Key drivers are FUD feeding the bears and 'a lack of FUD' feeding the bulls (unless another 'Giancarlo SEC hearing type moment' occurs). Perhaps more news on...