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BITCOIN
Posted on November 17, 2020 Leave a Comment
The notable aspect of Bitcoin is the CRUSHING of the Gartely 222 SELL PATTERN in/around 14-15k. As you have seen me blog before, failed patterns aren’t fun because IF you took the investment/trade THEN you probably lost money. But, to try and figure out “where” you are they tell you a lot. The “usually” result […]
Update to BITCOIN (NYSE Index Bitcoin Index)
Posted on November 19, 2018 Leave a Comment
if you do a search you’ll find some interesting charts on the ‘parabolic’ rise of the BITCOIN Index. PARABOLIC RISES ALWAYS END LIKE THIS …period. what’s important to realize is we are balancing the energy of euphoria (a sell signal) w/ depression/capitulation (a buy signal) … so what’s important now. note the triangle is broke […]
Bitcoin and it’s Parabolic Rise over @seeitmarket an update
Posted on December 31, 2017 Leave a Comment
12/21/2017 – have been vacationing w/ the family in Cabo. Great time … below is the updated chart of Bitcoin Index. would like to see another move lower to complete an A-B – C correction. __________________________________________________________________________________________________________________________________________________________________________________________________ https://www.seeitmarket.com/bitcoins-parabolic-move-3-drives-to-a-high-17531/
BITCOIN Investment Trust … why did it stop today? UPDATE to the UPDATE to the Update (I like doing these updates)
Posted on September 16, 2017 Leave a Comment
09/16/2017 – note the 55% correction and the AB-CD pattern which caused the move up late last week. the 680 level is the KEY level to watch for resistance moving forward. more updates to follow … amazing, even in the midst of this chaos of a bubble, the ‘log’ percentage retracements and the AB-CD worked […]
BITCOIN Investment Trust … why did it stop today? UPDATE to the UPDATE
Posted on September 3, 2017 2 Comments
09/03/2017 – Update as of Sunday 09/03/2017. Folks, sometimes the PATTERNS/numbers work and sometimes they don’t. This time, appears the numbers we respected and we had a very large sell-off in $GBTC. Stay defensive for now .. a move into the high 400’s isn’t out of the question after such a parabolic run. Good weekend […]
BITCOIN Investment Trust … why did it stop today? UPDATE
Posted on August 31, 2017 Leave a Comment
08/31/2017 – well Barron’s nailed the high in the US Dollar Index declaring the “Mighty Dollar” but this one hasn’t been as reliable as the ‘top or bottom’ caller when something makes the front page. so, below you’ll see an updated Bitcoin Investment Trust update … sure looks like it’s hitting some strong resistance. Still […]
BITCOIN Investment Trust … why did it stop today? UPDATE
Posted on July 2, 2017 Leave a Comment
07/02/2017 – Barron’s .. the ultimate contrarian indicator. 🙂 For the time being, at least, we still have the upper target out there and, additionally, the corrective sequence sure looks like it wants another move down. CAVEAT EMPTOR Bart ——————————————————————————————————————————————————————- 05/25/2017 – I hate to do the ‘could have and would have and should […]
BITCOIN Investment Trust … why did it stop today?
Posted on May 25, 2017 Leave a Comment
05/25/2017 – I hate to do the ‘could have and would have and should have’ when using charts. Those of you who have been following me know that. I wanted to get to this chart before the open to just give it a shot … was on travel and in the airport yesterday and I […]
$BITCOIN
Posted on November 21, 2015 Leave a Comment
sequence looks like it wants one more move lower to complete 5 legs … however, note the measured move of the last major correction – it’s completed that and a tad bit more. make it a great weekend. Bart