Bitcoin BTC - March 19 Afternoon Update Technical Analysis - $8.5K to $8.6K Heavy Resistance.
General Tone:
We see massive resistance at the $8,500 to $8,600 range
We see support above $8,250.
Fairly neutral territory.
A Break well above $8,600 will invalidate a bearish count.
A Break below $8,250 will validate a bearish count.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
My Comprehensive List of Tutorials
Please consider upvoting if it has helped you
Please consider purchasing me a 33 ft' yacht
if you have reached incredible success. Click Below!
Thanks for the love and support always! If you enjoyed this video, please like, subscribe, follow, share, and donate to Luna (my dog's) cryptocurrency piggy bank.
Twitter - https://twitter.com/PhilakoneCrypto
https://www.youtube.com/user/philakone1
Luna's personal bitfinex account:
BTC: 3FYAk7kMXP21S2hFvr7GrANAEDwxknCjCS
NEO: ANNmGUDAoFZs52dEkckQoL1vw34sxiV4Ey
EOS: 0x4236637ec78f4a9a4627d52829a68cdc6eb292a7
Ethereum: 0x4236637ec78f4a9a4627d52829a68cdc6eb292a7
LTC: LPHXW5WGSSES6RkZ9VXQe76YdLPCUWH1Ev
Bitcoin Cash: 1MaR7nSeVTbu894Xf8gLTNK6xvKZ2hNpbx
XRP Address: rLW9gnQo7BQhU6igk5keqYnH3TVrCxGRzm / Wallet: 2640750089
The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.
DISCLAIMER:
Legal stuff here. I'm not a financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.
Thanks very much for the update
Video unavailable, it says.....may want to reload it.
Good to see BTC moved up since Friday til now as I projected since BTC tend to go in cycle which on Friday is lower price or Bearish then slowly climb up to Monday when Asians buy more to bring up even further, have you noticed that?
Thank you
Sensei, please correct, just in case:
You wrote:
A Break well above $8,600 will invalidate a bearish count.
A Break below $8,250 will validate a bearish count.
Hey bud you're missing the modifier "invalidate" .. a break above $8600 would INVALIDATE a BEARISH count, meaning it would validate a BULLISH count ;)
thank u
For future viewers: price of bitcoin at the moment of posting is 8470.80USD