Thread: Bitcoin technical analysis

Originally Posted by ;

quote btc hit 2nd tgt in 10,350. . .seems the last tgt is following at 9,580 after that a tiny range some time the uptrend starts. Its time to go buy really cheap alts coins and also shop cos while buy really expensive btc which will give just like 100-200% while alts coins could provide 2500%. Just my thought. image

seems no range. . .bullish we proceed instant,like I said all alts coin are currently following lawsuit and their % increase also higher. Bye for now.

What is the chance BTC matches the gap around $8300 before resuming?

Originally Posted by ;

quote beholdpicture

or even at all, wait to open positions during the pullback. In, add positions during the pullback... bulls have been in town
allow me to see if I could be a long term trader for the first time. disclaimer

I mentioned a bullish gartley pattern in my last article. So this is it.

Https://www.coindesk.com/cboes-first...red-today/amp/

Could we anticipate more bulls from now onwards?

Originally Posted by ;

I notice something anomalous ... (both in the Elliott count and in the trendline breaks) (But it is my feeling ...) Abnormal because I'd have anticipated a 5th one (of 3rd composed : 12345=1st wave) ... ... faster ( ... and rather is below ma200 = h4 timeframe) Abnormal because in the rest of trendlines there is a pullback ... ... overly pushed along with the next break is a trendline probably upward (usually downwards) It would make me think of a AbC correction (we would be inside b waves) however ... that the 12345 count = 1st wave is also anomalous ... P.S....

Btc (D)

the news is that ...
inside the primary wave ...

it might be the fifth person (@9189)(TP 21.4k) if the ...
... scale will be over 47 percent (to be confirmed)

it's a good idea to wait for the trendline break


P.S.
(see also post 104,
Is Bitcoin going to crash?)

Now buing, target 14000. Yesterday little guys were shot from behind on stocks, when they purchased at 18000-20000. Contract expired, they had to pay. Now big boys dont want price to go to 5000, because individuals will quit this market. They also picked a big positions this week of longs. Now like in current BTC history will probably be grothw, and quite steap

Originally Posted by ;

it's bleeding bad now, falling below 10,000 I think there is lots of dread on account of the crypto currency ban and maybe the speculative bubble has popped

since I said, and folks above - it is temporary, it is cease search, it is futures expire!!!!

The men and women who bought futures 16000 now cover the....nose

Relax.
Nothing has changed

How they can relax, some folks put around 500 000 borrowed money, others put economies...

My TE is almost in green now after I changed my focus to the bitcoin mania a couple of days back. I almost wiped out it because of USDJPY bad entries, but the good thing is bitcoin actually follows chart patterns. Let's see if it will touched a new ATH in a couple more days.