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Eric123

Epic Pennant on BTC Chart

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2 hours ago, WillGetThere said:

How do you know? Any links/materials to justify your assumptions? 

I don't know. I'm not sure anybody really "knows" definitively. I base my opinion on the things I've read such as SBI is now moved to July because of regulation, Baak has been put off until about that time as well, and the list goes on of similar things coming together around that time. Russia is setting June as its deadline for regulation. The geopolitical things shaping up in Iran and Venezuela. With all this I believe that bigger money is slowly accumulating. As regulations become more defined, storage or custody solutions for institutional investors are built into the infrastructure now being built by Fidelity, Baak, etc., and insurance begins to cover these digital assets—hedge funds will be able to legally invest their clients' retirement accounts into digital assets, which will further raise the price. Once these things are established (hopefully starting around July) then retail will begin to open their eyes to it and utility will begin to take hold with banks and such. I am generally overly optimistic, but again this is just my opinion. I still see this all as just the beginning, but I feel like it is the beginning of the end for the average investor to be able to get cheap digital assets. Don't take my word for it!

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1 hour ago, Eric123 said:

Well the Volatility and Volume have both dried up.  Still waiting for that move $400 on over 30k volume, expected it would have happened by yesterday. Still expecting it to happen, Soon!  Any minute now!

bitcon wednesday.png

Do you expect 1$ for end of 2019?

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3 hours ago, Raekwon said:

Both attempts to pump and dump are being rejected.

Technically yes.

But we've been pump rejected from the resistance triangle since 21-09-18

If I take from the daily chart the unique bull hammer in the pennant it's on 14th august 18' 

And this huge spike matches with the end off the pennant

i'm just getting ready just in case :hunter:

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Posted (edited)
10 hours ago, Julian_Williams said:

BTC has spilled over the 4K this morning, not yet the green candle Eric predicts.

We'll see where price and volume end up.  So far this is not enough volume and the price is too low. If we are not up $250-400 on 30 k volume - it is not enough.  It's been fighting with the 100 Day EMA, $4094 I expect it to break through convincingly to $4,300 -$4,400.  So This is not the move (so far).

maybe.png

Edited by Eric123

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