BTC Bull Market to November - Target $5800 Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Sep 27, 2017 6:36 PM

Updated study on BTC using 4 hour chart (instead of 3 day)

As mentioned before, With Kakao announcement of UPBIT, we will see a tremendous bullish market in October.

Also, I know for a fact that a lot of people will disagree with me but I believe Bitcoin is in an extended wave 3 (not wave 5 that everyone is saying). The chart you see right now is the entire wave 3 that I feel is going to continue up.

Given BTC history lately, it'll have good chance to reach about $6000 and retrace.

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Comment

⋅ Sep 29, 2017 10:45 AM

Expected pull back to the support line.

We will see if the support holds. Keep an eye out on the price not falling below into the blue channel.

Comment

⋅ Sep 29, 2017 4:22 PM

Huge news: trustnodes.com/2017/09/29/bitcoin-might-give-existing-currencies-run-money-says-lagard-might-added-imfs-sdr

Please note: News helps market sentiment but market sentiment drives the prices.

Trade closed: target reached

⋅ Oct 14, 2017 2:47 AM

Good Pump

Trend Analysis

Comments

jimicze

⋅ Oct 27, 2017 1:47 AM

@kokopuffs Could you send me the slack invitation ? thx

albertwt

⋅ Oct 13, 2017 2:23 AM

Nice prediction.

LanceTrahan

⋅ Oct 12, 2017 3:22 PM

I was coming to a similar conclusion today with similar targets. Great TA!

bigFishers

⋅ Oct 5, 2017 9:48 AM

It is possible to play out this kind of scenario for bitcoin !

N0S41NT

⋅ Oct 5, 2017 9:07 AM

Accurate so far.

EdFib3

⋅ Oct 1, 2017 11:37 PM

Great perspective...Great "Keep it Simple" analysis!

kokopuffs

⋅ Oct 2, 2017 3:49 AM

@EdFib3, thanks :) K.I.S.S. never fails.

Voluntarist007

⋅ Oct 1, 2017 11:34 PM

Not bad.

acdmbe

⋅ Oct 1, 2017 2:44 PM

i think you may be right sir