Bitcoin seems to be following a fibonacci resistance sequence causing me to think we could have pumping to 10,000$ and even higher 13 would be the next fibonacci number and It would be quite the novelty to have it stop there!
time will tell!! going to be trailing up my stop-loss by 500$ increments manually as we go parabolic
Best of luck and stay profitable out there!
Commentaire
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NO BITCOIN IS NOT DEAD TRADINGVIEW DON'T BELIEVE THE FUD AND ILLOGICAL TA BECAUSE BITCOIN DRIVES THIS MARKET AND STILL NEEDS A EXTENDED 5th WAVE
Happens in the lower values as well before entering $1000's.
High_Altitude_Investing
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@Omnixau, Very nice find! and thanks for the detailed email I enjoyed your perspective !
Yurii_BTC
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go long here and get rekt
VanBenno
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Fork is cancelled... Might want to change your analysis.
Correction inbound*
There wasn't much "new money" coming in that pumped BTC to this price, it was all the ALT holders that sold their tokens to get free B2X coins, now that that isn't happening, guess what?
We're going back to the alts... All 75 Billion USD worth of us.
@VanBenno, @Dalin_anderson I'm interested in your perspective on the fork cancellation. You've been strangely quiet, is that because it's fundamentals and your a technicals guy?
zpvsgu
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Greetings from Ireland! Thanks for all the analysis, we are forever grateful to you!
High_Altitude_Investing
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@zpvsgu, Thank you! I appreciate the good words :)