UnknownUnicorn3766100

UnknownUnicorn3766100 Updated 

Weekly RSI in a bull market always finds support at 54 and we always touch the 21 weekly moving average which is sitting around $7.4k as of now. I believe this drop will last 1-3 weeks so I expect us to be around $7.4k in early or mid august. See my other idea where I perfectly predicted the drop to $9.4k and consolidation in July!

UnknownUnicorn3766100

Looking at the altcoins marketcap at the beginning of the last bull market, it looks like alts are going to make a large double bottom by January 2020. It generally seems like everyone is putting more of their trust on bitcoin now and I wouldn't be surprised to see this double-bottom play out like it did last bull market.

UnknownUnicorn3766100 Updated 

I predicted the drop from $12k to $9.4k perfectly and now I am predicting Bitcoin consolidates and remains choppy in this area ranging from $9.4k-$11k the next few weeks or so until we drop to the low $8k’s. This drop could very well happen sooner, but I feel the market cycles are becoming longer and longer as it grows, so I expect something similar to our...

UnknownUnicorn3766100 Updated 

Just to get this out of the way, I am very bullish on bitcoin in general and expect us to reach ATH’s in the winter of 2019, I just see this as a very natural and healthy correction that needs to happen before we can get there! Using the 350 DMA Golden Ratio Multiplier indicator and looking back at bitcoin’s history since 2011, I’ve found that every time we cross...

UnknownUnicorn3766100 Updated 

From looking at bitcoin’s previous cycles and using the golden ratio multiplier of the 350 DMA, I believe we won’t reach $20k for at least another 6-8 months. We need to be more realistic when it comes to timing all time high’s in price. The golden ratio doesn’t lie and this method I am showing has worked for the past decade perfectly for calling market cycle...