PRS OBSERVATION: 150 DAYS LEFT, BITCOIN MUST DO OR DIE!!

28 Jun 2020

THIS IS NOT A LIVE TESTING IDEA. THIS IS NOT A TRADING IDEA EITHER. THIS IS AN OBSERVATION ON THE STATE OF THE BITCOIN MARKET.

PRS HAS MADE FOUR ATTEMPTS AT BTC PROJECTION. ALL FOUR FAILED FANTASTICALLY. WHY IS BITCOIN SO DIFFICULT FOR PRS? BECAUSE PRS WAS CONFIGURED FOR FIVE DAYS PER WEEK, NOT SEVEN. SO WHY NOT ADJUST FOR BITCOIN'S SCHEDULE. WELL, I'VE DONE EXACTLY THAT. THIS VERSION OF PRS HAS BEEN CONFIGURED FOR CRYPTOCURRENCY. IT IS SAYING THAT BITCOIN HAS 150 DAYS LEFT TO FIGHT FOR ITS LIFE, AND IT'S NOT FAVORED TO MAKE IT OUT AS A 40-60 UNDERDOG. I'M SO BUSY WITH GOLD THIS MONTH, BUT I WILL GET INTO THE DETAILS ON THIS BEFORE SOMETHING DECISIVE HAPPENS.

28 Jun 2020

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Note: this chart is 9 hour bars. I don't use that really at all for any other market.

28 Jun 2020

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THIS OBSERVATION IS NOW OUTDATED: PLEASE GO HERE FOR THE UPDATED PERPECTIVE AND HOT TRADING IDEA.

28 Jun 2020

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and this is 100 day out now confirmed:

28 Jun 2020

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THIS OBSERVATION IS OTHERWISE CLOSED. NO MORE UPDATES.