BTC effortlessly broke through multiple levels of resistance!
Demonstrating significant hidden strength in this market! :)
Here are my latest Bullish/Bearish scenarios; and will continue to monitor PRISM and FUSIONGAPS indicators, as well as the CYBER ENSEMBLE buy/sell signaling indicator (all of these are free-to-use), before making a decision on the next possible move.
As usual, this post will be updated with the latest chart and analysis until market structure shifts.
Here are my latest Bullish/Bearish scenarios; and will continue to monitor PRISM and FUSIONGAPS indicators, as well as the CYBER ENSEMBLE buy/sell signaling indicator (all of these are free-to-use), before making a decision on the next possible move.
As usual, this post will be updated with the latest chart and analysis until market structure shifts.
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Previous analysis:
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Previous Analysis:
BTC is now well above the 8684USD level..
BTC is now well above the 8684USD level..
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A more zoomed in Lower Timeframe of the current chart showing the trendlines and levels
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Latest Cy.ESB Signal
BTC ready to continue up higher?
BTC ready to continue up higher?
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Thick bullish IchiCloud formed on the 4hrly chart.
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Reposting my relevant speculative long-term prediction here:
(Quote)
"Will this highly speculative long-term fractal/fib based BTC/USD price action (conforming well so far) continue?
i.e. reach 11k-12k USD, then gradual decline down to 8k USD again around 02Mar20 to inflict more pain on the bulls and eliminating more weak-hands, before going relatively sideways until 13Jul20, then a fakeout to, 11.8k USD around 11Jan21 before crashing below 9.9k USD before the next actual parabolic rise commences
around Mar21 eventually hiting a new all-time-high at ~120kUSD."
Reposting my relevant speculative long-term prediction here:
(Quote)
"Will this highly speculative long-term fractal/fib based BTC/USD price action (conforming well so far) continue?
i.e. reach 11k-12k USD, then gradual decline down to 8k USD again around 02Mar20 to inflict more pain on the bulls and eliminating more weak-hands, before going relatively sideways until 13Jul20, then a fakeout to, 11.8k USD around 11Jan21 before crashing below 9.9k USD before the next actual parabolic rise commences
around Mar21 eventually hiting a new all-time-high at ~120kUSD."
