URGENT BITCOIN WARNING: THIS CHART SHOWS EVERYTHING

URGENT BITCOIN WARNING: THIS CHART SHOWS EVERYTHING




This market trading analysis applies to various exchanges, including Bitmex and Binance. Tackling questions like if Bitcoin can reach all time highs again and if …

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About the Author: Forflies

16 Comments

  1. I'm an attorney. And with a huge science research background.

    HOWEVER….when people are sooo, straight laced in professional conduct, to portray a certain image. Over thinking that I should say this; but cant say that…because it might portray I and my image, might not being professionally polished. Then a company becomes terribly restrictive, and looses flexibility!!!

  2. Not a huge resistance? Do you know how technical analysis works? Support becomes resistance. No one wants to buy the top. Bitcoin is a Ponzi. If you compare AMC and Bitcoin, they nearly have an identical pattern. Either we fail to break 50k or fail at 51-52 and these meme stock pump and dump investors will understand, why they should stick with index fund investing.

  3. Sami I know you’re a CryptoKirby fan and respect his analysis.Well, earlier this afternoon he all but said that there’s a high probability for Bitcoin to drop from where it is now near $50K back down into the Crypto Abyss! So Whaddya have to say about that?

  4. Have you considered this could be the. " 1st lower high " one the market cycle chart. If it is, it would cause that pain btc likes to cause before it runs. Think this could be a major bull trap. It's right at the .618 and .786, if you look at the weekly you will see every 1st "lower low" after blow off tops we have had, all reverse between the .618 and 786. That currently between 51k and 53k.

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