Bitcoin Thread

Status
Not open for further replies.
but il take a guess -- something about 7800 :)

coz every uncle aunt and their dog is waiting to buy there


50/50 at the moment -- can go either way as far as i can tell. bias is for a bounce due to bottomemd stoch and oversold conditions... but this is bartcoin so expect the opposite of the opposites opposite.
 
Last edited:
I think we are in that orange bubble and will still go up to $8700 to trap bulls and squeeze bears.

xKJ43Qjt
 
Green line still good on the hourly chart. Time to go up now and test the pink line around $8700.

0dILWioM
 
*SynergyX* said:
keeps getting rejected --- can only hold on for so long
Click to expand...

Just zoomed out a bit to look at the bigger picture. Starting to look very wedge-like. A breakout could be explosive.

z2wP7nAY


It's similar to the smaller blue wedge from a week or two ago which broke out but didn't make it too far. Will fit in with my green line if it does the same thing again.

Nz3eAVml


Edit: If this follows the previous smaller wedge exactly and we get wedgeception then it will do something like the red line. Main thing is we have to touch $8700 region again before the big move down but there might be one more smaller move to the bottom of the wedge around $7900.

I would prefer it takes the green route though to get this move up and down over with.

2GF1vAXE
 
Last edited:
saor said:
Waiting for the floor to collapse.
Click to expand...

Probably the more likely option right now given that the spikes upwards all failed.

Or it could be whales accumulating by letting people sell into them. This was the slowly sideways and up movement we had between $6600 and $6800 before the massive spike.
 
Status
Not open for further replies.
Back
Top
Sign up to the MyBroadband newsletter
X