I wrote BTC/USD New Year Rocket? for the new year 16 days ago, followed by
Bitcoin's path ahead and how Bitcoin Cash could play in 14 days ago
Bitcoin update - One last buy opportunity at $13k? 12 days ago
Bitcoin - BTFD - Can we see the Light(ning) coming? 3 days ago
Bitcoin (BTC) A possible path to $100,000 2 days ago
Now what do they all have in common? Quite bullish forecasts, or what? Here's the chart from the first New Year post:
Stretching this a little in time and counting the waves once again I find it likely for Bitcoin to breach the $10k - barely.
Both MACD and volume seem to agree with this too.
So if you woke up finding Bitcoin below $11,000 today DO NOT start panic selling, This is the dip we have been waiting for to buy more! After an ABC correction the usual way is UP!
Comments are highly appreciated, and if you profit from this chart, or enjoy my post, please upvote, resteem and follow!
I have learned this profitable EW charting by
btw!These charts are done at Hitbtc exchange
If you feel like buying me a beer:
ETH: 0x478c06b33f2b03892dcbb03cd353defba356bc26
LTC: LQ3Jc2bq46Dc8FBkdDoDKtAtYp6mNdLDSa
BTC: 1NXnrq9WcF2BoL2dwAgNg85MZ2qiwN5e1j
BCH: 1GTzQYiTn2EqNt3YVp9LoCbzVvouHiHJAD