Bitcoin technical analysis - Page 10
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Thread: Bitcoin technical analysis

  1. #91
    Price actually touched 10K for D leg conclusion of bullish gartly pattern. Let us see if it is going to go around 15K once again.

  2. #92
    This is your scetch of this Bullish Gartley pattern.



  3. #93
    Quote Originally Posted by ;
    That is my current opinion. After completing the ABCD pattern (yellow line), I'll expect it to bounce to 14-15K. . Overall, still a downtrend. image
    Maybe.
    .
    Each Year at January Bitcoin dumped. I explained last post/pages...

  4. #94
    Quote Originally Posted by ;
    quote Perhaps. . EVERY YEAR at January Bitcoin dumped. I explained last post/pages...
    I've a longs available from 16K and have been patiently awaiting the bulls to take over. Its despair for my account today.

  5. #95
    This thing goes back up eventually, but for now....next service is 9132, subsequently 7897, afterward 5649, but IMHO it wont go beyond 7897 IMHO



    Bitcoin does these 30-40% adjustments. . .get used it it...I visit 40K finally....patience.

  6. #96
    Here are the dec/jan Bitcoin adjustments of the previous 4 years.



  7. #97
    Quote Originally Posted by ;
    } Bitcoin does these 30-40% corrections. . .get used it...I see 40K finally....patience.
    This is entering the realms of blind hope IMO!

  8. #98
    It is bleeding bad today, falling under 10,000

    I think there is lots of panic on account of this crypto currency ban and perhaps the speculative bubble has surfaced

  9. #99
    Quote Originally Posted by ;
    This item goes up eventually, but for now....next support is 9132, subsequently 7897, subsequently 5649, but IMHO it wont go past 7897 IMHO picture Bitcoin does these 30-40% corrections. . .get used it...I see 40K finally....patience.
    Its about the level you have said at 9.4K however with current news arriving about banning bitcoin at South Korea and China, I think it will reach 40K

  10. #100
    Quote Originally Posted by ;
    quote within daily demand zone... eyes wide openimage when the divergence plays outside, 11475 will have to be violated... till then bear rules
    behold

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