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Bitcoin .. short term still favors the bears

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 […]

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Bitcoin Update – Island Reversal

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 […]

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Bitcoin Futures

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 […]

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Update to BITCOIN (NYSE Index Bitcoin Index)

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 […]

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