Nights Watch by Afrikoin

[pontikis13]

True. No one knows the future. This is a high quality thread, I enjoy the analysis here. Always good to hear out various opinions.

[1715022247]

1715022247

[york780]

True. No one knows the future. This is a high quality thread, I enjoy the analysis here. Always good to hear out various opinions.

Agreed. Analysis, various options and different strategies and patterns are essensial for the quality on this forum.

[Kramerc]

Bitcoin going 'parabolic' has been happening for over a year, maybe 2 years. It looks like a straight line on a log price scale.

I think bitcoin is reaching a danger zone. Top of this channel marked by an Andrews pitchfork only been breached a couple of times followed by steep corrections.

Bullish scenario, bitcoin breaks up above the channel and goes hyperbolic in full on bubble mode, god knows how high, ending with full on epic crash.
Bearish scenario, bitcoin corrects down a few hundred dollars  and continues its merry path along this channel.

ps Give Afrikoin a break. I also know how hard it is putting your predictions out there. No-one knows the future. If its so easy make your own threads.

Nice chart, I'm looking at pretty much the same things as you. The RSI divergence is there, but for now, it hasn't locked in. For all we know we might have another 3 weeks of rally which would then erase the div.

My question is, how do you expect this bullish period to end? First a break above the channel + hyperbolic move (which could be now or in a few months time, after yet another correction), or just failure at the top of the channel, retrace to the bottom and break down after a few more weeks/months of sideways?

Cheers!

[afbitcoins]

Looks like a bounce down might be starting from the top of my channel

[Afrikoin]

Craig Wright's Q & A from earlier today

Must read!

says cap must be lifted

Says miners should run the show

Says core is bad

https://pastebin.com/zU6YZWXK

[Afrikoin]

BitCoin Origins
Six Months In A Leaky Boat

https://www.reddit.com/r/Bitcoin/comments/5aflch/bitcoin_origins/

[Afrikoin]

Bitcoin Origins - part 2

https://www.reddit.com/r/Bitcoin/comments/5br157/bitcoin_origins_part_2/

[Afrikoin]

[Afrikoin]

Bitcoin Investment Trust filed amended S-1.  Increased size from $500MM to $1B

https://www.sec.gov/Archives/edgar/data/1588489/000119312517158456/0001193125-17-158456-index.htm

[Afrikoin]

Hard fork stuff

[Afrikoin]

OH NO, NOT ANOTHER BLOODY SATOSHI SIGHTING...

http://financialcryptography.com/mt/archives/001617.html

[afbitcoins]

Craig Wright's Q & A from earlier today

Must read!

says cap must be lifted

Says miners should run the show

Says core is bad

https://pastebin.com/zU6YZWXK

Very interesting. Not saying he is Satoshi, but have to admit he sounds like the real deal

[Afrikoin]

4h Follow-Through: BTC, ETH, LTC, ETC Ep. 16

https://www.youtube.com/watch?v=ak2KwtHmUVQ

[Okurkabinladin]

Taken that after sharp correction, Chinese finally broke the old all time high, it might signal wave five of this round of rise. We might spend another week or two in parabolic growth - especially for Chinese, who were sort of riding along all this time.

Afrikoin awhile back shared chart predicting that we will run out of steam (for now) around may 21st. Any thoughts?

Personally, I have no idea, how high we will get until then. Testing of 2000 this month by Bitfinex should not be discounted.

[Afrikoin]

Taken that after sharp correction, Chinese finally broke the old all time high, it might signal wave five of this round of rise. We might spend another week or two in parabolic growth - especially for Chinese, who were sort of riding along all this time.

Afrikoin awhile back shared chart predicting that we will run out of steam (for now) around may 21st. Any thoughts?

Personally, I have no idea, how high we will get until then. Testing of 2000 this month by Bitfinex should not be discounted.

yes.

seems like one last leg up wave 5 on a 5 wave move up since $1142

[Afrikoin]

Taken that after sharp correction, Chinese finally broke the old all time high, it might signal wave five of this round of rise. We might spend another week or two in parabolic growth - especially for Chinese, who were sort of riding along all this time.

Afrikoin awhile back shared chart predicting that we will run out of steam (for now) around may 21st. Any thoughts?

Personally, I have no idea, how high we will get until then. Testing of 2000 this month by Bitfinex should not be discounted.

yes.

seems like one last leg up wave 5 on a 5 wave move up since $1142

The top that corrected to $1460 could have been the wave 3 top i was expecting here
 on this chart

[Kramerc]

Could you please explain what does your abc pattern correct? Both your a and you c have made significant ATHs...

Here's how a bear market really looks like https://ibb.co/fD5Rak

[afbitcoins]

Could you please explain what does your abc pattern correct? Both your a and you c have made significant ATHs...

Here's how a bear market really looks like https://ibb.co/fD5Rak

Maybe it should have a 'd,e,f,g' aswell 

[Afrikoin]

Taken that after sharp correction, Chinese finally broke the old all time high, it might signal wave five of this round of rise. We might spend another week or two in parabolic growth - especially for Chinese, who were sort of riding along all this time.

Afrikoin awhile back shared chart predicting that we will run out of steam (for now) around may 21st. Any thoughts?

Personally, I have no idea, how high we will get until then. Testing of 2000 this month by Bitfinex should not be discounted.

yes.

seems like one last leg up wave 5 on a 5 wave move up since $1142

The top that corrected to $1460 could have been the wave 3 top i was expecting here
 on this chart

I meant this Kramer

the correction of

[Kramerc]

I was referring to the big abc, where $1350 is your a, $891 is your b, and now we're finishing the impulsive c.

What does this big abc correct?