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REPORT ABUSIVE REPLY
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Message Subject
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Crypto bottoms when we have our next "world event" similar to covid pandemic
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Poster Handle
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Mr Cheese |
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Post Content
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[imgur] [ link to imgur.com (secure)] Hi Cheese, Good to see you back again! Haven't changed my opinion much about how far BTC is likely to go as when we were discussing it back in your T.A. thread. As you can see from the above updated version of that chart, the volume profile Point of Control (red horizontal line) shows strong support down at around $9400, but not much support until then from where we have just broken through. So, another way to look at things and that are in agreement with what you are seeing. [imgur] [ link to imgur.com (secure)] The current Order Book over on Coinbase Pro for BTC:USD doesn't necessarily show exactly the same thing though, but the volume is certainly between $15-14k, with new substantial volume now starting to fill in between $13-12k. The lower end does also show some reasonable interest at $10k and then at $1k too. Also worth noting is the general lack of any volume overhead the current price. I'm confident in 10k right now nemo. I think it happens December 9th-december 11th. -Full moon is December 8th. Bitcoin likes to bottom on full moons. -Weekly candle close is the 11th. -Bitcoin bottomed December 16th 2018. Bitcoin operates on a 4 year cycle. I'll make a thing to show you why when I get some time but I'm unbelievably confident in date range as well as price. It's repeating the exact same descending triangle from 2018 right now. Go look at bitcoin on Thursday Nov 15th 2018. That's the exact day we are on right now. I'm expecting it to nearly mirror that price action the following 4 weeks.
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