Bitcoin ATH

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Peter G
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Bitcoin ATH

Post by Peter G »

A rejection at 50650. Will we return to ATH? or are we going to correction ??? Let's see...
Shellback
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Re: Bitcoin ATH

Post by Shellback »

Market seems very bullish still. Every small dip gets swallowed up. I’m wondering if we see a major correction until 65,000. Like you said though. Who knows?
Tyler D. Coates
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Re: Bitcoin ATH

Post by Tyler D. Coates »

As long as we are above $42,000 my target is $59,500 due to the bull flag / parabola.

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T_or_up
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Re: Bitcoin ATH

Post by T_or_up »

Top of parabola = infinity
Peter G
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Re: Bitcoin ATH

Post by Peter G »

cool :idea:
thx, Saw!
Peter G
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Re: Bitcoin ATH

Post by Peter G »

our trend line on 4h didn't hold. it seems we will go more down. any thoughts?
Tyler D. Coates
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Re: Bitcoin ATH

Post by Tyler D. Coates »

Peter G wrote: Mon Feb 22, 2021 1:00 pm our trend line on 4h didn't hold. it seems we will go more down. any thoughts?
Not sure which tl you are referring to but I'm only concerned with the parabolic tl myself, which remains in tact at the moment.
riotcontrol
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Re: Bitcoin ATH

Post by riotcontrol »

Does anybody have any inclinations which way we will go from today onwards. I would like to consider what we are seeing as distribution and my own indications describe this as such but I'm not against the possibility of continuing the bitcoin store of value narrative and for us to pump on out of here.

The following really concerns me that what we are seeing between 45k to 62k is re-accumulation:

But enough has me going to think we will see a rejection at least one more time to about 57k or so but its just so damn hard to know for sure. With FOMO finder reading Greed, stock market correlations and the propensity of the market changing on a dime its really hard to know what will happen next with any level of certainty.
c277c8e4af
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Re: Bitcoin ATH

Post by c277c8e4af »

The trend is your friend until the end of the trend. If you find yourself in doubt, just zoom out.
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