Nights Watch by Afrikoin

[spiderbrain]

love the pic, who's the artist?

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[Afrikoin]

Russia Proposes Restricting Bitcoin to Qualified Investors

https://news.bitcoin.com/russia-bitcoin-financial-asset-qualified-investors/

[secousa]

alts are getting ready to rally, and hard.
here is one example


i think IV is complete because the daily candle there appears to be an impulse on lower timeframes, and also the divergences which are key to be seen in a wave 4

[york780]

$5400? Peter Brandt calls it.

[Afrikoin]

Bitcoin made it to John Cena's Instagram!

moon?

[RyNinDaCleM]

If past actoin is any indication, $5k should be a psychological barrier. Poke above, consolidate below for a few weeks and break out to a high in the upper 5's or maybe breaking into the 6k region before the x2 drama takes us into an intermediate cool down period

[FiendCoin]

If past actoin is any indication, $5k should be a psychological barrier. Poke above, consolidate below for a few weeks and break out to a high in the upper 5's or maybe breaking into the 6k region before the x2 drama takes us into an intermediate cool down period

Sounds reasonable, however, Bitcoin's price movements are far from reasonable.

[600watt]

#bitcoin preparing on a breakout to new highs. first support was already reached just below 4200 second is at 4047!

https://twitter.com/GregaHorvatFX/status/902121543387553793

wow. nailed it.

[Majormax]

If past actoin is any indication, $5k should be a psychological barrier. Poke above, consolidate below for a few weeks and break out to a high in the upper 5's or maybe breaking into the 6k region before the x2 drama takes us into an intermediate cool down period

Sounds reasonable, however, Bitcoin's price movements are far from reasonable.

Exactly so.

A lot of extreme factors are in play here.  That will lead to extreme price action.

Remember that also applies to the decline or 'crash' (which WILL come, only timing/levels in question). If you look at the long term chart, you can identify 3 bear markets of more than  80% fall. Another one is on the way, but it doesn't negate the long term picture.

[Wekkel]

Updated my PVI chart again. Looking at 2013, there is no sign of a repeat of the 2013 bubble. But there may be no new 2013 bubble of course....

[Afrikoin]

Thanks for sharing guys!

[Afrikoin]

[btc4lifer]

Don't worry guys we're still on track. 

https://www.tradingview.com/x/yFHkoqBb/

[Afrikoin]

[Afrikoin]

Market Update: $5k Tap

https://www.youtube.com/watch?v=qqn701bPfKk

[Afrikoin]

Today's bar was last seen on June 12 - resulted in 39% correction. A 39% correction from today's high = 3,031 $BTC Hope I am wrong



https://twitter.com/PeterLBrandt/status/904107510927261696

[Afrikoin]

[Majormax]

Today's bar was last seen on June 12 - resulted in 39% correction. A 39% correction from today's high = 3,031 $BTC Hope I am wrong



https://twitter.com/PeterLBrandt/status/904107510927261696

Would be healthy. Look at the charts and see support in the 2000-2500 range. The price spent some time there in June. I want to see a test of the 3000 level. If that holds and rebounds, then the uptrend is intact. If 3000 fails, then 2000 might be revisited.

[Afrikoin]

This is a dangerous place for a five wave count to seem complete. A 50% correction or 62% correction is rational. iv wave territory is between 3000 and 2000.

[Afrikoin]

This is a dangerous place for a five wave count to seem complete. A 50% correction or 62% correction is rational. iv wave territory is between 3000 and 2000.

Yeah, looks like 5300-5500 or 3400-3600 zone intermediate.