So... Are #Bitcoin transactions down too because of the FED "operational errors" and inefficiency? Oh, wait...
Fantastic analysis and fantastic article Hugo! All profit taking will now center around this analysis. https://twitter.com/_Hugo_Ramos_/status/1364237612173709320
Also please share my work so that we can grow the community 😎📈
Guys, please go read my article about the #P2T Model applied to #Bitcoin #BTC and the simple science behind the prediction of $283k for the next top. It's a simple/free way to support my technical analysis work. Thanks all for being my followers!🙏
(2/3) The daily MRI count has reset to 1 red, which helps me to accept the 30% probability price going lower to the range $40k-$43.5k. I see this drop as one of the bigger corrections we're going to see along the way to the top. I will only be concerned if price drops below $40k!
(1/3) #BTC/USD 4H. The indicators are saying price, momentum and sinewave are ok to buy. However, I see a 30% probability of price going lower to the range between 50% and 61% Fibs ($40k-$43.5k - yellow circle) finding strong support on lower context gray box.
@_Hugo_Ramos_ Thanks for providing such a valuable birds eye view of #Bitcoin. The stormy ocean always looks much calmer from space.
It's bad to be right... But healthy for #Bitcoin!
#BTC/USD 1W. The BLX index just updated the price but as you can see it's not enough to go below the exponential curve. I'm expecting a correction continuation. My next target is possibly around 48k. However, a healthy price for the current period would be 46k (bellow the curve).