Bitcoin: This Needs To Happen To Confirm The Bottom... (BTC)

Bitcoin: This Needs To Happen To Confirm The Bottom… (BTC)

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33 thoughts on “Bitcoin: This Needs To Happen To Confirm The Bottom… (BTC)”

  1. 🚨 IMPORTANT LINKS & NOTES🚨 (click "Read More")

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  4. I believe in the end there is a good chance you will be correct. If you look at the yearly patterns during mid-term election years…..mid August thru late October (and to some degree even late November) are very bearish for stocks. That is especially true during 1st year democratic presidents such as we have now. There is still a very good chance for heavy selling to hit the markets starting around mid August (which makes me believe the next inflation report is going to cause a problem)…….after BTC most likely targets the 26k range (which I think is the target from an ascending triangle formation (within that bear flag she just broke out of)………..so I think after BTC hits the 26k region in the next couple of weeks, I would suspect we are going to see a major selloff in the markets starting mid August and lasting for quite some time. So my guess is in the end your prediction that the bottom is not in, could very well come true…….good luck trading !

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  6. Good stuff as usual. Short term TA is like tossing a coin 4 times. You can't make a reliable prediction. Macro TA is like tossing a coin 100 times and your predictions become more accurate.

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  9. Your analysis are good, the $ojx coin has been earning me for months and i think this is the best exchange for investors when It comes to earning high

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  14. Dont fall in trap guys, this will dump hard in the coming weeks…Honestly, I will not touch anything now in the markets even with a 10ft pole xD

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  17. As for BTC, in the channel so far we've spent around 7 days pumping and 7 days dumping. FOMC is 7 days ahead, so if the channel is to keep its structure, it has to dump for next 7 days. Now is the perfect time to price in FOMC.

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  20. I truly don't understand how you can call that a head and shoulders formation? All I see are three shoulders. Where's the head?

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  22. No surprise boy bottom is already in, it may reach 28k to 30k and even if it falls from there it comes to 20k not below than that so wakeup…

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  24. Also, I'm surprised wolf didn't talk about the descending volume on the "break out". There's no strength in this move

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  27. Waiting for confirmation is nice and all… but bitcoin can move very quickly. We've broken past long-term resistance and shorter term horizontal resistance.

    If your reverse head-and-shoulders pattern is correct, we can move up to 26k very quickly.

    Ideally, we go sideways for 2 weeks and then everyone can buy in, but that's really unrealistic to expect.

    What's your plan if bitcoin begins shooting up now? Before week close and next week's close? Are you going to fomo in at 26k? 29k? Are there levels you would capitulate early and say the bottom is in?

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  29. Thanks for the vid! I agree that people are going overboard with this pump, but the market has been bad for so long, I say let 'em have their fun! Take care.

    Reply

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