Rule72

Kicking the Can Down the Road

Rule72 Mis à jour   
COINBASE:BTCUSD   Bitcoin
Recap: The box on the previous analysis surely did its thing by leaving us without much movement. No targets were reached. Now the question is if we are going to kick this can further down the road or deal with it now. Money Man has put his levels in as to where he thinks decisions could be made. It surely would be something if price would hold for more than another 4 to 12 hours without some noteworthy movement as space is getting less and YouTube, Twitter, etc is primed. Thus, the box on the previous analysis has been removed.

Summary: Red Target 1 is the last call before a lot of work on the price gets undone, so it is a good idea to use it to some extent. Upside: Green Target 2 has some hidden weight to it and should be approached with caution. Remember that there are no guarantees, only probabilities. Very important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
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