I suspect that this post will evoke intense thoughts of anger and resentment. It won't be popular but that's fine because my analysis does not concern itself with popularity. On the contrary, I am presenting the case for a bearish crypto market as I see it. Of course, I may be dead wrong. After all, I am only human. I feel it necessary to warn my crypto friends...
This idea won't be popular unless you are bearish on Bitcoin. I don't think BTC has finished its ABC correction. Currently, BTC is in a downtrend since its all time high of $19,891. The stochastic RSI on the daily clearly shows that we are overbought which means the price must come down in the short term. The daily RSI is in a downtrend as well. The 4th Elliot...
Update to a previous chart.
This chart takes an alternate route from previous posts that eventually culminates at $43 in the year 2020. Don't bet the house on this idea! Let's see how this plays out. Your comments and constructive criticism is appreciated.
This chart assumes BTC has finished its correction.
It's easy to become discouraged and lose hope during a major correction. For that reason, I've decided to project DGB price movements into the future. It's important to look at the bigger picture and not lose perspective. It is my intention that this chart provides hope for those who have succumbed to despair. That being said, there are infinitely many ways to...
I'm going out on a limb to predict that Digibyte will reach $1 by January 25, 2018. It stands to reason that this will happen if and only if we stay on the uptrend line that allows us to break upward out of the ascending triangle. It follows that this idea is invalid if we depart downward from the uptrend line. Let's take a step back from the price and focus on...
DGB is the absolute best UTXO mineable blockchain. Well established since 2014. Lightning fast speeds with 15 second blocks. DGB has solved BTC scaling issues by doubling block size every two years. DGB can process 560 transactions per second but scales to 280,000 TPS by 2035. DGB is the most secure blockchain with 5 mining algorithms which protects it from a 51%...
We live in a unique time like none other. Digital assets are disrupting the financial sector. The invention of blockchain is just as important as the invention of the internet. There are hundreds of digital assets to choose from in today's market. Some are great investments but most will fail. Let's make the case for Digibyte as a solid investment. This list is...
In previous posts, I have suggested that DGB will reach $10 by May of 2019. But, how will this happen? Those who post complaints on Twitter or Reddit about the low price of DGB may lack logic, patience, and work ethic. DGB is not a company! Rather, DGB is an open source community project. Its success hinges on the active participation of each community member....
After 6 months of non-stop selling it seems rather safe to conjecture that we should see upward movement in December. We are oversold. Let's start smart-money phase. We should test previous all time high before breakout. Recent news: 1. Ledger Nano S hardware wallet supports DGB 2. Listed on Changelly.com exchange 3. Algorithm swap coming soon to prevent...
There are a lot of haters and naysayers of DGB on various forums and Twitter. Many of these people are disgruntled because they bought into DGB at an all time high and sold at or near the bottom. In response to their loss, they smear the reputation of DGB with false information. It seems rather foolish to take them seriously. We don't buy at peaks and sell at...
The first wave of DGB took us to $.06 +. Second wave has been completed and has formed a nice bottom. I predict upward movement once capital flows from BTC back into alt coins on or before 11/16. Therefore, wave 3 coming soon. Wave 3 should take us to at least $.16. Then, a retracement back to blue support line. We should arrive at $1 by Oct. of 2018 if and only...