It looks we need small correction to 2400$, or we need to break up channel upper resistance to keep parabolic growth. Anyway, will be fun.
It looks we are trying to bounce, but on this volume it wont happen, i expect move to 5100 soon.
A bearish bat came spoted.
Hi. It looks we are slowly reaching to buy zone. If you will look on weekly RSI, you will see masive triple divergency. So if we wont break upper channel (7000$) it will start masive weekly correction to 2200 or even 1800 $. If we will break 7000$ bitcoin will enter parabolic bubble mode like in 2013 and it may reach 50000$ in 2018. Good luck.
It looks we are up to finalize correction. Or maybe we are going to 280 levels?
It looks like big whale is preparing us for bug dump :) Long term im ofcourse very bullish but last days we grown too much and too fast. This market is like on steroids and with 1000 % speed cheats so fall will be fast and intensive aswell.
I think we could see some nice ride up soon :)
It looks like incoming correction. Beware.
It looks we are continiuing our favourite fractal pattern. Closing 4 h candle above 4.450 will invalidate this pattern but i do not belive in this due to strong bearish sentiment at this time.
This will be horrible ride down. (Do not make any financial decisions basing on my analysis - im noob in this)
It looks bulls are pushing to hard. We need to go back to trendline if we want to go higher.
Due to this source: www.cnbc.com www.reuters.com South Korea is going to ban all ico's. I expect panic sell.
We have small divergency on 1h. RSI also suggest it is to cool down.
We will probably bounce of 4040 level and than we will fall to hell. There is very low intrest and all growth are looking like force pump. I think we will see floor soon.
As many of you already felt. Bitcoin is really hard to predict. Each scale says diffrent thing. 1 w says sell, 1 d says buy, 4 h says buy, 3 h and 2 h says sell, 1 h says stay away, 15 min says "i dont know what to do"? With this dose of FUD, best would be to take your capital and go for some vacation and come back when thing will get stable. There is no any...
So we built nice channel but i think we will fall down by down trend support line, because there is no interest of buyers. We will find some short-term support on 3550 levels, but it will be small stop in freefall to 3,200 and than 2,800 . Even bears have hard time now because there is no one to fool. RSI 1h shows oversold, but in my opinion we will have because...