The Traders Dynamic Index when used properly works like a Godsend. Basing myself uniquely on patterns found in it for different time frames on Bitcoin... I find myself in the obligation of saying what will surely happen, now that I have an in-depth look into the future, have to announce...
Bitcoin will see resistance between $11,000 - $13,000, or basically ~$12,000 and it will be the last gasp of air before its descend below $7,000 again as I allude to August 2014.
Will occur within 2-4 months from now.
A cross of RSI/TSL downward on a 2 month chart WILL NOT LIE
This, I base on my new Traders Dynamic Index overlay and combining its use with KK_TDI_BH.
You got the message, just accept I warned accurately. It will go down as pure minimum of ~$2,000 for ~ 1 year
~$12,000 is the take profit for the big money before its descent into its stone age and then we'll be ready. By November 2019 the lowest will have formed ~$2,000 and, I predict people will continue to be uneducated and confused as they are now, others in their ignorance and arrogant boasts >:D They'd say it be going to $0, but they'd be wrong again. By October 2021 will be the outstanding highest record-breaking high = ~$100,000 Unless cash flow for crypto purchases were blocked it will be in such a manner explained.
Bình luận
⋅
within 6 months actually..
Bình luận
⋅
Probable low of $3,000 So I assume within $2,000 and $3,000
Bình luận
⋅
Maximum will depend on many factors Based on psychological level $100,000 My Fibonacci Bitcoin-aligned extensions hint at near $200,000
Bình luận
⋅
We'll only see BTC above $10,000 again in a rally by 2020, and above $20,000 by year 2021. As this price, past resistance, will be future support, as it breaks out, it WILL go to the moon by using the momentum accumulated from ~$2,500
Bình luận
⋅
Unbiased, wholly technical.
Bình luận
⋅
CONGRATULATIONS, you'll see a retracement into $12,000. For two more months. If the third is bullish the sentiment may be very bullish as the time of orange line and assuming 2M chart will not repeat the past or that unknown data from the past may reflect what is occuring now:
Thanks for your analysis. I'm in the same camp but with different time horizons. Forecast the timing is much tougher than forecasting price levels or zones.
VittoBTC
⋅
2800$ - Miner deads, minimum cost 6500$ for miners ;)
YardleyRosette
⋅
@BITC0IN, Than if its not simply blackmailing from their part, minimum quick drop under $6,500 to ~$5,000
tammy007
⋅
@BITC0IN, Market is different beast and has nothing to do with miners....Crude was 20/barrel when the production cost was much higher. Many countries closed their rigs and curtailed production that time but price has nothing to do with production cost.
cankarako
⋅
@tammy007, exactly, this is such a bad argument for price to stay high. Miners that started mining any cypto 2 years ago got rich extremly quickly which is unresonable. Now some of them may have close their rigs which will be unresonable also. Bubles are unresonable doesn't mean they don't happen. Market is about pschology not production value or anything like that.