I'm seeing things: Bitcoin's gonna crack at $14.3k

I'm seeing things: Bitcoin's gonna crack at $14.3k

Just another crazy prediction of my own, what does it matter? Bitcoin's gonna crack at $14.3k. By that I mean, really crack.

I'm sure you're wondering, why $14.3k for God's sake? It's because Bitcoin seems to preffer 0.236 fib surprises. Can't say no more. Take good care!

تعليق:

Price action as predicted. Bitcoin has even dipped twice below $10k.
From my point of view, the big question in the next few days will be whether the price will fall below the daily MA 38.

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I think it will be interesting to see how long the price stays within the descending channel and whether it exits through the top or bottom wall

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It's broken out to the upside it seems

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New development, updated channel -- at the crossroads again -- up or down?

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Cracking in progress... zoom into the idea chart and push "Play" -- it's going as planned.
BTC has got double-rejected at fib line 0.236 of the sub grid ($14,318.51) and at fib line 1.618 of the major grid ($12,525.25)
so chances are it will now complete the retracement all the way down to the fib line 1 of the major grid -> $7,821.33
Of course I may be wrong with that, we will see...

تعليق:

Price development as predicted. Another 4h candle closes below the important MA230. The downtrend is practically sealed. Should the MA370 ($ 9.5k) be broken soon, Bitcoin is in dire straits.

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Next stop $8.2k

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Daily closing under MA38 $10,520 (0:00 UTC) this time around would set off big troubles in my opinion. Watch it and take care.

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Update available: The horrible thruth about Bitcoin - Part 2 - runs like clockwork...