BITCOIN (BTC) Mid-Day Update: Ladies & Gentlemen, We Have a BREAKOUT!!!
SUMMARY
The upper line of the wedge pattern has been BREACHED!! So far, the BREAKOUT looks DECISIVE!! This is always an exciting time to witness the birth of a breakout....makes me feel like a new Daddy all over again!
I've added the micro-subwaves (blue) and price should hit around $8,856 before the 5th wave completes. These blue waves would be the subwaves of the higher degree of trend wave 3 (white).
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Uncertainty in the stock market is causing money to migrate from stocks back into cryptos. This more than anything is lifting the price in the space.
That's great, hope the breakout can maintain.
I did an analysis on Tron and wanted to comment on your other post but saw that it's been invaded with downvoters so got a little afraid.
I'm seeing an even longer correction on Tron, what do you think?
Tron (TRX) - Analysis https://steemit.com/cryptocurrency/@benkalashnikov/tron-trx-analysis
I believe it will follow Bitcoin. Once Bitcoin starts making higher highs; TRX is expected to follow. The inverse would be true.
Ok thank you sir!
Top 63 coins.Have you own any of them
https://steemit.com/dtube/@salahuddin2004/top-63-cryptocurrencies-will-run-rampant-through-blockchain
Who Let The Bulls Out?🙈 🚀
Sounds Goooood !!
very nice follow you blog and vote thanks...
Now, I'm BULLISH =)
Turning the corner..
Hey guys..i try to post useful stuff...i came across this interview and it really explains the current market and why large investors haven't been able to get in yet...we haven't seen nothing yet...hope everyone is well
Good interview! Trace sees Bitcoin 20/20
totally agree haejin...i was particularly interested to hear his views on the large money managers and hedge funds..to me in my mind it just didn't seem plausible that all that money was already in the market...many have a fiduciary obligation to invest in regulated investments..but without ETF's and other vehicles -and seeing that we were due for a major pullback, tells me they are foaming at the mouth right about now and laddering in
@shawnster, it's difficult to listen to aaaaaaaaaaaaaaaaaalllllllllllllll the opinions people have about the BTC price. The only thing I'm 100% sure of is that only 50% of them is right.
Roger that Winnie...I'm particularly interested in large players and what the demand is...i never got a clear picture after researching tons of sources...this one really put things into perspective...many people are saying they are already in and the interest is waning...don't think so...even if we have new lows, they are still going to pick them up along with other projects like a kid in a candy store :-) cheers
im not sure about this yet.....but lets hope so!
Maybe all the waiting made me a little negative lol
It's a very nice change when you wake up and see BTC is climbing for the first time in weeks.
So, are you telling us it's time to buy?
buy or sell that has to be your decision. No one can tell you that.