mindfree

BTCUSD Chart. New resistance levels. Details of the launch

BITSTAMP:BTCUSD   Bitcoin
I tried 4 times to record a video on this. It kept failing. in this chart. continued form the last. You can see bitcoin is in a small sell off area. Lots of sideways time leaves people to want to pull out profit. I did. and I am ready to buy again. As I was trying to point out in the video, there is a pattern if you zoom out or look at the linked chart you can see in the macro view that the last two major consolidation points noted in orange end with a drop to a bottom resistance then a level up bounce. This is what the whole market is anticipating. But there is a possibility for that bounce to hit the 27 to 29 k line before it sky rockets, or actually to skyrocket. This is the super buy-zone that will get hit hard, and be followed by heavy profit and heavy greed and then another drop. Or goal as investors is to ride the beast and wave our hats looking like we got this. For me this work is how i feel the micro tensions of sinew and strength and gear my balance for the the next buck.

Penafian

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