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Epic Pennant on BTC Chart


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1 hour ago, Mountainman said:

To be honest, the current price decline makes me a bit worried.

I am happy about sol, but somehow, a sinister feeling.

Hope, Eric will blow away this dark clouds:)

We’ve come a long way and very fast from the lows of around 30k, it’s natural to to have a ‘figure it out’ period when reaching ATH’s again, back when crossing 20k it took 2/3 weeks of similar action.

I was always expecting this so just be patient until we are either down in 55k range or pushing 70k, then that is more of a clear break in a direction.

Hope it is, let’s just wait it out 

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47 minutes ago, Baka said:

I think we could reach 52-54K at lowest , before going up to 70k +

 

On 10/22/2021 at 6:05 PM, RussianStandards said:

We’ve come a long way and very fast from the lows of around 30k, it’s natural to to have a ‘figure it out’ period when reaching ATH’s again, back when crossing 20k it took 2/3 weeks of similar action.

I was always expecting this so just be patient until we are either down in 55k range or pushing 70k, then that is more of a clear break in a direction.

Hope it is, let’s just wait it out 

QQ

How you want go 120 -230 if every 5% from ATH you want to go 20% down 🤣🤣🤣

Asking for a frend.

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Trend line (blue) has broken, however the FLD (yellow) is holding...for now. If price closes below the FLD things could get messy :(

edit : to add...I still believe we hit $100k before year-end and possibly overshoot to $140+k.

531907570_btc10-23-21.thumb.png.eaea9c89e4a1e1dafe0abe38b45b3e07.png

Edited by jMusic
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Still waiting on our first $10k+ day, by the end of the Bull run I think Bitcoin could see a $40k+ day.  

In the last run on December 7, 2017 Bitcoin opened at $13,623 and closed at $16,599 for a 21% daily gain.  Will we see a gain like that again?  Yeah probably.  At this price a move of 21% would be over $13k.  

So can Bitcoin move from $200k to $250k in a day?  Why not. 

10 25 2021.png

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5 hours ago, retep said:

At those prices it's like going from 20k to 25k, so nothing special. Now what would be special is when btc would reach that 200-250k, because i don't see that happen for years to come.

One thing special though, amount of influx between going to 25k and 250k is significqntly different.

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