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BITCOIN and MSTR – Sept 4, 2024
Posted on September 4, 2024 4 Comments
BITCOIN Futures and Microstrategy showing VERY important support levels for the continued BULLISH advance.
Bitcoin – March 17, 2024
Posted on March 17, 2024 3 Comments
I feel “pretty good” about this count as it’s been tracking ever since the “top” at 3. Certainly appears we are in THE 5th wave … it could mark a 1 but either way, when complete, I do expect quite the meltdown. No rules have been broken thus far – Thus – looks like a […]
the COIN update
Posted on August 2, 2021 Leave a Comment
last post on BITCOIN: https://atomic-temporary-44460632.wpcomstaging.com/2021/07/26/el-coino-the-coin-aka-bitcoin/ the coin marched right into our target zone and has backed off .. in fact, it hit, exactly the 1.618 projection. if you remember, the “c” leg is often 1.618 “a” so we hit that … there are still some higher targets but the theory is that we are in […]
El Coino (the Coin) aka Bitcoin
Posted on July 26, 2021 1 Comment
that was QUITE the pop today and we are getting close to resolving “one more leg lower” or was that it … either way, my BULLISH outlook on Bitcoin remains … the chart below is the bearish option and the one I’m going w/ for now … but, we will know soon. be ready to […]
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
Posted on June 21, 2021 1 Comment
last post on the Coin: https://atomic-temporary-44460632.wpcomstaging.com/2021/06/02/bitcoin-need-some-energy-thrust-to-prove-low-in-place/ lot’s of pressure on the Coin … certainly doesn’t look like the low will hold and will plunge into the 20k’s. here’s the deal, this smells, feels (I’ve been “scrambled” (surfing term being caught inside) by a C-Wave before) and while it’s a fools game to pick tops or […]
Bitcoin update
Posted on May 12, 2021 1 Comment
last posts on Bitcoin: https://atomic-temporary-44460632.wpcomstaging.com/2021/04/18/bitcoin-update-island-reversal/ today’s “Musk Induced” Sell off certainly smells like a C wave … that supports a zig-zag correction and it certainly smells like we are in a 4th wave correction … targets of low 40’s and, depending on thrust into this level forewarns of a move below into the low 30’s […]
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 […]
the Coin … update time
Posted on January 11, 2021 Leave a Comment
while we came close to our upper targets, we never actually hit them but based on this price action I’m going to assume that we have a near term top in place for a much needed correction to relieve the steam. this is very preliminary but I’m using the past to project into the future […]