So for me I have confirmation that bitcoin is in a falling wedge formation which 9 times out of 10 breaks to the upside as it is a bullish pattern. So If do break up expect that to happen anywhere from now through July 27. I also cover these fib circles and how well they play out when setup correctly. Bitcoin technical analysis, price targets and BTC price projection with time frame.
Previous video about falling wedge: https://youtu.be/X66_5wHRYxM
video about capitulation:
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You failed
What time tomorrow will we be at $12k? Lol
?
5 days and never make more prognostics boy
So when it will touch the ring, if it's not going up….it's going down. That's the best tech. analysis I've heard in years.
I don't understand the psychological component of why so many people will be selling off at 8k, 6k, 5k, 4k, etc…I listen to about 6 hours of TA on Youtube a day and it sounds like everyone would be buying if it dips to 8k. So you have longtime hodlers, retail investors and very smart traders all panic selling down to 2k? Sorry, but it makes no sense to me. Please explain.
I see you have adjusted the wedge with RED lines now, does this also mean we have new target as size of wedge got reduced?
your bearish bias is clouding your judgment, there are too many factors preventing your capitulation argument. with that said you are the only one who sees that falling wedge that I noticed the other day
Do the circles work will it go to 12k
Big pump is on going!! Buy now!!
Pay no mind to the dumb trolls. You said Jul 25-27 for a possible move to $12k, so there's still plenty of time. Anyway, we'll see what happens. This feels like an accumulation phase to me. If we don't see your pump to $12k, then I'd expect one last dip down over the next few days, and then another green candle for month of August. Followed by new ATH by end of 2019.
It's obvious we are going to test the 100 MA on the daily
So, in a short period of time we will hit 12k and then capitulate. Is that it? Bold predictions. Will wait to see….
Wow, we could go up or down. That's fantastic.
Appreciate your content, still not understand your fib circles. However, please dont get rekt shorting BTCUSD dont even try to short the market before August 14, im anxious to see 19k before august 15. Dont get rekt! Dont use leverage just buy and HODL.
is this falling wedge pattern ?
Thanks for your work
If it goes back up to 12k from here, how are you expecting a sub 3 bitcoin?
Your still using these stupid rings? LOLOL
looks like you're wrong already all that for nothing
Please make videos on NASDAQ100 & S&P500
I think there will be another pump to >$13800 and will stay above that level and won't be a dump.
Awesome job ? Thank you!
hey man gonna let you know a secret. Fitting your chart to the data doesn't work, you want a chart that predicts data.
Excellent work
I called this a week ago. Lol
I think that falling wedge took place just now and it failed due to low buy volume
Hey man . Just wanted to say I don’t see btc going above 10.2k anymore . You need to continue your bearish view. There are currently 2 pitch forks in play . One smaller time pitchfork with the following points 13.8k to 9.6k to 13.2k . And a bigger pitch fork with 19.8k ,3.2k , 13.8k . The bigger pitch for leaves room for another top at 12.2 k I know . But the smaller pitch should dictate the downwards pressure to 6k in 1-2 weeks. Anyway keep your work we will be at the capitulation ring soon enough. Just wanted to add my thoughts . Good luck and be careful trading . I don’t think a move to 12k is coming
*makes audio file of you saying *Shareable Charts*” lolol. CAN WE CALL THAT THE RING OF ALT SEASON LOLOL
Man been using your charts and been making tonnes of money on longs and shorts. Capitulation will happen.
Seems to coincide exactly with the date of the Fed Rate cut decision on July 31.
No, no and no. WHO is going to buy bitcoin now that Tethers have stopped printing? Think about it for a second. Who was buying it on the way up? Was that retail investors? Hell no. It was all coordinated manipulation from some group of whales. The top of this secondary bubble was 13.8k. Now we're going down. All rips should be sold from now on…
Stick to being bearish
11400
I don't usually comment on videos but i couldn't help but comment and say that i find your Bitcoin analysis the very best on YouTube. You predict the breakouts really well and those circles almost act like a magnet to Bitcoins price action. Thank you for your content
Good news that ‘Norwegian Air’ ?♂️ is now accepting Bitcoin and crypto payments.
Bitcoin and Łitecoin mining reward halving ‘supply shock’ coming down the track..?..?
@Opticalart What Fib number it is on that whirte capitulation ring ?
You're making me nervous!! :o)
I tried to make a ring of capitulation exactly how you did in the video 2 days ago, but I did not get the same result, even same time frame on bitstamp, kinda weird you got perfect ring on 2.618 and mine was completely fucked up. But still I believe in your rings.
Great video!! Thanks for keeping us informed!!
It's great T/A!
Keep up the content. The real traders are going need people to dump on.