ILL_Midas

ILL_Midas Updated 

Currently the BTC1! futures weekly candle is soon to close, It is important to note that it is currently a holiday weekend. The 12 EMA is currently below the 100 EMA for the first time since December 2018 Last time this occurred, BTC experienced a 50-60% drop BTC is currently up 100% from the March 12th capitulation bottom......Will BTC capitulate again to retest...

ILL_Midas

Simply put BTC is inside a new capitulation cycle, And The price is in an uptrend, This is the biggest Hidden bearish divergence I have ever seen in the history of bitcoin!! My targets have been set within the 3k levels once more

ILL_Midas Updated 

Capitulation is basically when Miners stop mining and sell some of their bitcoins to keep operations going. However Capitulation is more likely to occur at the end of every annual year now due to regulation and taxes. It is easier to calculate loss/profit by shutting or slowing the network down and washing your hands so to speak. Power consumption costs are higher...

ILL_Midas Updated 

As we head into December, We can see that the major drops I had predicted since November 14th has occured. Bitcoin is currently fighting to stay above the major Support line that developed back in march of this year 2019 when Bitcoin had the golden cross and rallied to 13k zone. This support line is set to break as we are no where near the end of our...

ILL_Midas Updated 

Major Support at $8,300 If Major Support breaks, Second Major Support at $7,800

ILL_Midas Updated 

We have officially capitulated, Get your Wheel chairs ready. That is all.

ILL_Midas

Capitulation now beginning to show on major exchanges. I'm calling for the 50MA to fall below the 200MA to form and complete a death cross

ILL_Midas Updated 

Bitcoin to the slight upside until around November 22nd 00:00 - 05:00 UTC-5

ILL_Midas

Self Explanatory, Inverse Head And Shoulders on the Daily Chart. Not saying We're going up anytime soon. But I will say don't miss out on the halvening.

ILL_Midas Updated 

Well.....It's obvious at this point. Bakkt friend buys future shorts Whale friend dumps market Bakkt friend pays back whale friend Whale friend buys more BTC at lower price Whale is also Miner so whale shutoff miners to drop the hashrate slowing the supply during high demand before the halving. This is what's happening, if I'm wrong.....then.....based on the...

ILL_Midas Updated 

On the one day chart Bitcoin is close to falling below the 200 day moving average. Closing the CME gap of $6,000 is right around the corner.

ILL_Midas

What we are all hoping for, This is my own personal expectation and prediction after the May 2020 Halving $90,000 October 13th 2020 KingMida$423 11/15/19 11:25pm EST

ILL_Midas

Share your opinions, and don't forget to like and follow. ABCD triangle on Coinbase:BTCUSD weekly chart first and second retest occurred within 105 days of each other, if history repeats itself Bitcoin appears to be 70 days away from a further decline to $7800 However, Coinbase:BTCUSD could make a break to the upside testing HUGE Resistance at $9,500

ILL_Midas Updated 

Simple and to the point. 1.Currently we are sitting within the $8000 range 2. 20 day moving average of $8120 is acting as strong resistance 3. Bearish sentiment has set in on the MACD and RSI 4. As of right now Next level of support is looking to be $7850 5. Failure to hold $7850 could see a further decline to the 50 day moving average of $5700 6. Possibly within...

ILL_Midas

Please leave feedback and opinions if you disagree I'm open to criticism. like or follow if you agree. And I'll return the favor. The above chart is based on the line break technical analysis. I have drawn out the forcasting Bollinger band path of movement. 1 day chart we have bounced off the 20 day moving average, we are now below both the 20 and 50 day moving...

ILL_Midas Updated 

Worst case scenario, As BCHUSD moves into the month of October RSI is currently sitting within the 20/30 zones on the daily chart. BCHUSD will within the next three to five days indicate whether a correction is in store or whether further downside to $130 levels. If the support of $213-$200 is broken then a drop to the next support level of $173 is the next...

ILL_Midas Updated 

Based on current sideways trading momentum I'm looking for Bitcoin to breakout sometime around end of October beginning of November. Around that time look for a bounce off the 200 day

ILL_Midas Updated 

Tripple bottom formation on 1hr chart. 4hr chart is looking to make a turn around soon. If this price rise happens, look to the 1D chart for a near drop in price possibly breaking $300 resistance. Influx of volume today will confirm or cancel out this forecast. ______________________________________________________ Bitcoin and other cryptocurrencies are a very...