Its pretty obvious where this is headed. FTX was the catalyst for a slow burn. All the money will start buying at 12k
Little shake out to get liquidity to lower and buy buy buy
Pitchfork Fib charting the way to 90k. Along the way and at the top of the summit is a fib extension and retracement.
This is looks interesting. The more I play with fibs the more I see things like this. BTC to 320k by the end of the year...... the 19.294 I put in to see where the top was. The price didnt match at .293 or.294 maybe .293>
As usual, as self explanatory chart based on Fibs. Nothing I really need to explain here.
Not much to say here. I suspect there will be a big dump and a second wave up.
Working with pitchforks seems to provide perfect setups incorporating multiple Fib tools. Arthur says 3k is possible, lets do it.
This is a pretty self-explanatory chart using Fibonacci times, trends, pitchforks and retracements.
A bitcoin reversal here could send it to the moon 20k+ Then Bitcoin dominance will destroy ALT/BTC value
A H&S signalled the epic correction of BTC. Now lets see it do the same.
The yellow fib is a trend based fib extension from back when btc dipped to $100 on Feb 9 2014. The rest have been charted along the way.
As the exhaustion sets in, the needy and weak sell the last of their holdings. The bulls eagerly start to gather for a stampede that will direct this declining market to a new emphasis, riding the wave of mass adoption and acceptance. Daily indicators are still on the sell side but by tomorrow they will hopefully start moving to the other sides. 4 hour...
Well here we go again. After a very long few months of declines. The market has switched back to extreme volatility. I
Fallen sharply out of the parallel channel and a rejection at the 200 MA
Here is your proof. Just as the crypto world learns that the twisted evil George Soros gets into crypto.... 5k bitcoin is a good entry for a 50k asset.
Clear break out of the symmetrical triangle with a new inside candle touching the trend line. 30k lets go!