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Bitcoin .. short term still favors the bears
Posted on June 28, 2021 Leave a Comment
last post on Bitcoin: https://atomic-temporary-44460632.wpcomstaging.com/2021/06/21/bitcoin-update-3/ nice rally from the fresh lows in the high 20’s .. but, for now, still suggests a correction in a ongoing 5 wave C wave pattern. if we blow thru 41358 (note futures contract – other prices may vary) on a daily close above then, more probability that the low […]
Bitcoin Update – Island Reversal
Posted on April 18, 2021 1 Comment
last post on the Coin: https://atomic-temporary-44460632.wpcomstaging.com/2021/04/13/bitcoin-update/ our last post on Bitcoin ID’d multiple patterns … multiple AB=CD, a 3 drives and a butterfly sell all in the 65-68 area. in my original post I just took a look at the chart “real time” and said 66-67 but did some work on the intraday charts and […]
Bitcoin Futures
Posted on March 26, 2021 1 Comment
turned bullish on Bitcoin down around 6-7K and off it went…. the past couple weeks have been interesting as it’s been hovering around the 50-60K mark. I’m still bullish. as for – right now – I see another leg up to make a newer high and then a BIG 4th wave correction and then another […]
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 […]