tclapson

tclapson

It seems such an amazing coincidence that the big announcement for the ETF being approved just happens to be when BTC has all but reached it's Golden Zone retracement... so I'm a little apprehensive to believe in this "coincidence". Nevertheless, I think I've finally made sense of the waves since BTC bottomed, and the 0.618 retracement from all time highs has...

tclapson

Thought it would be fun to compare the btc pumps since inception in terms of how far price manages to pull away from the 20 weekly moving average. When you see things in the light, it can offer some perspective about how this pump compares to previous one, and whether or not there's more left in reserve. Potentially offers some insight into fractals of previous pumps.

tclapson

If BTC were to follow a similar path as the 2014 bear market, then price action as indicated in this chart could come to pass.

tclapson

Using Algo targets and a long-term trend line, I'm calling the bottom at $2653.86 at Bitstamp. I may be out by a couple of cents... please forgive my sloppiness

tclapson

The pattern emerging from BTC 0.79% is one of an extended downtrend, but that doesn't mean we can't make money in the process. In fact, some of the most profitable times are made by shorting the market. But when should we short, and why ??? When entering a trade, we should be looking for confluence, that is to say multiple reasons to strengthen our decision...

tclapson

The pattern emerging from BTC is one of an extended downtrend, but that doesn't mean we can't make money in the process. In fact, some of the most profitable times are made by shorting the market. The golden ratio (0.618) is called just that because of the significance it holds. If the price closes above or below the golden ratio, will frequently dictate the...