Time to BTFD? Bitcoin 4h chart

4 Sep 2017

No new money has been coming onto exchanges over the long weekend. Market is (IMO) over-reacting to the ICO news as far how it affects bitcoin. Technicals say good prospects for a bounce here.

8 Sep 2017

Nota

Daily chart:

...the trend is up, until we go below $4000 stick with the trend.

9 Sep 2017

Nota

Looking good, just got to avoid a huge dump over the next few days (seems unlikely)

10 Sep 2017

Nota

Tested $4000, held well, not out of the woods yet but looks like the bounce coming now:

10 Sep 2017

Nota

About an hour ago mine a few miners confirmed at breaking bitcoin they will not be mining 2x...bullish

10 Sep 2017

Nota

Less volume on the last drop...could be setting up for a nice inverse h + s on the 2h:

11 Sep 2017

Nota

Inverse h + s breaking out on the 2h:

11 Sep 2017

Nota

WSJ FUD article dropping the price, article claims exchanges are going to be shut down but doesn't really provide any concrete evidence.

11 Sep 2017

Nota

Let's hope the .618 fib holds for nice right shoulder, if not that probably mean FUD prevails and we're going below $4000:

12 Sep 2017

Nota

Charlie Lee, Jihan Wu, and others claiming the news is likely true. Careful here! (price at 4160 at the time of writing). A trip all the way down to $3000 not out of the question. $4000 support is crucial.