Nights Watch by Afrikoin

[quake313]

Why EW analysis is always bearish?

It's not! That is a bullish impulse and is setting up for a healthy correction before making another bullish move. In this situation, it can be viewed as bearish only because the likely next move is down, but I didn't say Bitcoin ded. Anyway, a completed impulse has some of the best r/r ratio with it and probability is higher to be on the right side of a trade. Plus it's me we're talking about here... I apparently only post bearish charts.

Why EW analysis is always bearish?

HAHA bears gonna bear lololol

Whatever noob! Come back when you have something of value to contribute

Are you saying laughing at you bears has no value? Now you gone and hurt my feelins 

[RyNinDaCleM]

Why EW analysis is always bearish?

It's not! That is a bullish impulse and is setting up for a healthy correction before making another bullish move. In this situation, it can be viewed as bearish only because the likely next move is down, but I didn't say Bitcoin ded. Anyway, a completed impulse has some of the best r/r ratio with it and probability is higher to be on the right side of a trade. Plus it's me we're talking about here... I apparently only post bearish charts.

Why EW analysis is always bearish?

HAHA bears gonna bear lololol

Whatever noob! Come back when you have something of value to contribute

Are you saying laughing at you bears has no value? Now you gone and hurt my feelins 

It could be more constructive and have some backing arguments rather than Bitcoin will go up because Bitcoin. I am not a hodler in the traditional sense. I hold a lot of BTC offline, but To buy and hold is just boring to me. So I trade... and as a trader, I have bullish moments and bearish moments, even medium term biases with conflicting moments. Right now I am bearish with a fairly bullish short term. Seeing the potential for a quick correction here doesn't make me bearish, it keeps me vigilant, so to speak. Seeking that next opportunity.

/OT sorry Afikoin

[Igluenza]

Looks like we followed the arrow up instead of down.

Fucking genius this guy!

https://www.tradingview.com/chart/BTCUSD/MW7ZZW0C-BTC-is-Falling/

2 years ago, he said

The BTC is still reduced
The main target for the next few month, will be 133
After reaching this level. BTC can start the upward trend.

and went on to post this chart

https://i.imgur.com/No0JY7C.png


Guess what happened?

We went down to $162

Here is what he says now .

there are two choices.
The first option. $ 500 is an increase to 1160
And the second option. $ 500 is likely to fall to 160
The first choice. Is greater than the second.
Good luck

BTC will soon appear in 1160


 PS: its his first BTC chart update since the one above 2 years ago


https://www.tradingview.com/chart/BTCUSD/SQhBab5Q-Update-BTC-after-two-years/

https://i.imgur.com/bQZLjbT.png

[koryu]

Dont forget to watch what happens with GOLD (total market cap 6+trillion), what if the neckline breaks down and just 1 of 1000 gold holders want to diversify in bitcoin?

[Wexlike]

I think this video was not posted here yet.

Great talk by Andreas Antonopoulos "The Currency Wars and Bitcoin's Neutrality".

https://www.youtube.com/watch?v=Bu5Mtvy97-4

[RyNinDaCleM]

Dont forget to watch what happens with GOLD (total market cap 6+trillion), what if the neckline breaks down and just 1 of 1000 gold holders want to diversify in bitcoin?

I would not bet on Gold fulfilling that H&S. Also, those charts stacked like that is a little misleading... The gold chart is like 9 years of data and the Bitcoin chart is 3 years of data. A fulfillment by Bitcoin translates to a drop below $1000 on Gold, but not necessarily a drop to $500 anytime during a Bitcoin bull market. It is also arguable that Gold is following a same path in the boxes below and is slightly behind Bitcoin in creating the inverse H&S.



Just some observations.

[Pruden]

The way I see it, the gold H&S is not valid because the both shoulders don't overlap. That is, the left shoulder top is lower than the right shoulder bottom.
Bitcoin, however, keeps on fulfilling the cup&handle after cup&handle.

[Gillette]

I think this video was not posted here yet.

Great talk by Andreas Antonopoulos "The Currency Wars and Bitcoin's Neutrality".

https://www.youtube.com/watch?v=Bu5Mtvy97-4

This asshole Andreas Antonopoulos  says he has only 1% of his wealth in BTC!!!  Fuck u Andreas Antonopoulos !!!

[RyNinDaCleM]

The way I see it, the gold H&S is not valid because the both shoulders don't overlap. That is, the left shoulder top is lower than the right shoulder bottom.
Bitcoin, however, keeps on fulfilling the cup&handle after cup&handle.

That is entirely possible.
IMO, the only C&H Bitcoin has and ever had since 2013 is the one that is potentially building since the ATH (as far as a long term pattern, not intra week/month)

[Afrikoin]

Interesting price action on bitstamp, (and I presume other exchanges too) spiking above and then spiking back below the resistance line on my previous chart. Could this be the start of the next leg up over $800 ??

[Kramerc]

I think this video was not posted here yet.

Great talk by Andreas Antonopoulos "The Currency Wars and Bitcoin's Neutrality".

https://www.youtube.com/watch?v=Bu5Mtvy97-4

This asshole Andreas Antonopoulos  says he has only 1% of his wealth in BTC!!!  Fuck u Andreas Antonopoulos !!!

Well, I just happen to have watched the video last night and I perfectly recall him saying he's all in bitcoin.

Try harder

[Afrikoin]

Drop to $718 o December 25th

source https://twitter.com/CarpeNoctom/status/810539382247657473

[Afrikoin]

[Afrikoin]

[Afrikoin]

 am glad Satoshi Nakamoto chose to remain anonymous. Who ever he/she/they are. Vs the Ethereum parade of the demi god

[quake313]

am glad Satoshi Nakamoto chose to remain anonymous. Who ever he/she/they are. Vs the Ethereum parade of the demi god

The Ethereum guy looks like a dude I used to play D&D with back in the day LOL 

[Globb0]

WOW he invented cryptos 

[Afrikoin]

Anyone see a correction or pull back here?

What's the target?


Traders are confused!

[Afrikoin]

DanV charts updated

https://www.tradingview.com/chart/BTCUSD/oGz35eDq-BITCOIN-S-MEGAPHONE-TOP-WILL-IT-OFFER-A-GET-OUT-OF-JAIL-CARD/

[koryu]

I would not bet on Gold fulfilling that H&S. Also, those charts stacked like that is a little misleading... The gold chart is like 9 years of data and the Bitcoin chart is 3 years of data. A fulfillment by Bitcoin translates to a drop below $1000 on Gold, but not necessarily a drop to $500 anytime during a Bitcoin bull market. It is also arguable that Gold is following a same path in the boxes below and is slightly behind Bitcoin in creating the inverse H&S.

What i mean is that gold is in a long term bearish pattern and bitcoin in a longer term bullish pattern even if the timeframe is not the same
With a gold market valued at 6+ trillion vs bitcoin 0.013 trillion it would just need 1% moving from gold to bitcoin to cause a bubble, similar like when stock money move into gold
If gold breaks down i can imagine that some gold bugs think about to diversify in bitcoin like some funds already did and called btc a new asset class.