Im convinced we're still going to see a brutal dip back to about $6k but I wanna believe we're heading back up.
I believe in crypto and privacy and all that good stuff just like anyone else on this platform, but I also KNOW that there is huge amounts of wealth which in some cases is able to crash economies and make currencies worthless. I am a dedicated student of History and Economics and some things are unfortunately setup to not truly be what everyone thinks they are, I...
I believe that the sharks have begun their hunt...
I am expecting a highly volatile weekend which will lead to our next target of $11,319. There will be a big move from $9,760 to $10,320. Sometime before the halving I expect price to top out at $12,368 and then dump. While I do use many indicators, my published ideas are meant to be very simple.
I have been using this set of trendlines for months now, at first I was completely unsure if the 21.78 degree angle had significance, that was until we pumped over $3000 at the first touch of it. And since then have proven again to be significant in the recent price action. One of the main indicators I will be looking at on the higher time frame charts is the...
Our first objective is to reach $9400 with good volume, then I am looking to $10,270 as the ultimate target number in this move.
This will happen from 2:30am to 5:30am NYC This may happen on sunday night and we will continue to trend sideways for this night and the following day
I have used these angles lines since the very beginning of the current market cycle, they seem to be valid and tell us valuable information. Once the price rallies with volume above these set of lines then I will definitely be ready for $20k and up.
My 45x leverage trade of 2.05519 BTC was underwater for 2 days, however I knew we would come back up, the guidance of this price movement helped me get out of trade at +80%. Currently setting up for a short position with large defenses setup to manipulate my position accordingly. I always start at 100x.
Just short this Chinese pump & dump ponzi to make easy money everyday.
21.78° is calculated using previous cycle data, averaging, and applying the same formula to predict the top of the current cycle, this is relying on the presumption that the previous cycle bottomed at $3126.88
While I am personally not currently leverage trading based on this idea, I have learned throughout the years that every idea is a valid one in this market. Whales still hold control of price action and its still the wild west. Notice how the stock market pumps at the same time as Bitcoin and Gold dumps, its the same people!
I was lucky enough to find an old Japanese man who had been a life longer investor/trader around the beginning of the previous bull market, even at retirement age he still tried to attend as many blockchain summits and events as he could which was fascinating for me. Something I learned from what he said was very simple and something I hope we all know today,...
Think about it, whales don't look at charts all day, they're too busy being rich! And since they can leverage trade both up and down it doesn't matter where price goes. Along with no major influx of new investors or recent developments with block chain technology I don't even see the halving saving the price that much. Be patience and you will be rewarded handsomely.
Time has proven many times to me that the charts price action sticks to some key simple trendlines throughout a bear or bull cycle. Those who are patient will be rewarded handsomely.