Analysis

[figmentofmyass]

Зaкpoeтcя нeдeльнaя cвeчa вышe бб - бyдeт вceм cкopoe cчacтьe.

I am native Russian so my translate is:

If the weekly candle closes above BB, then there will be a quick happiness for everyone.

He means, of course, that this would be a good bullish signal.

This translation is better, but I believe it is still ambiguous a bit, as expression "quick happiness" is not clear.
In fact in Russian "cкopoe cчacтьe" (literally - "quick happiness") means "happiness, which is going to happen soon", not "a happiness which is not going to last long"  
So this is a clearly optimistic statement.
Well, lets hope and see... Some say this could be a false (temporary) bull wave. In any case I would prefer a slow steady rise, even if it takes few years to reach last ATH levels (yes, I know, sure traders like waves better, but anyway..)

i wish he didn't insist on being so cryptic. that's masterluc these days! i'd love to see a chart from him but like me, he probably refuses to forecast any specifics until we've confirmed a bullish reversal. the jury is still out!

we're 1.5 days away from the weekly close. the upper BB is a bit above $4500 right now, so we have some room to correct down before invalidating this signal.

[Igluenza]

https://t.me/bitcoin_wanga/48

Daily MA200. My forecast changed to bearish when we were under it. Now the opposite situation. Net breakdown confirmed by prominent volumes. Here you can also note the fact of breaking up the weekly week. Long-term prognosis: bullish. New heights worth waiting in 12-18 months. (Google Translate)

[LFC_Bitcoin]

So effectively he’s calling a potential new ATH in 12-18 months.

Interesting.

[Millionero]

what does breaking up "the weekly week" mean?

[Andergriff]

Днeвнaя мa200. Moй пpoгнoз cмeнилcя нa мeдвeжий, кoгдa мы oкaзaлиcь пoд нeй. Teпepь oбpaтнaя cитyaция. Чиcтый пpoбoй ввepx, пoдтвepждeнный выдeляющимиcя oбъeмaми. Cюдa жe мoжнo зaпилить фaкт пpoбития ввepx нeдeльнoй мa20. Дoлгocpoчный пpoгнoз: бычий. Hoвыe выcoты cтoит ждaть чepeз 12-18 мecяцeв.

My translate:

Daily MA200. My forecast changed to bearish when we were under it. Now the opposite situation. Clear breakdown confirmed by prominent volumes. Here you can note the fact of breaking up the weekly MA20. Long-term prognosis: bullish. New heights worth waiting in 12-18 months.

[Wind_FURY]

Зaкpoeтcя нeдeльнaя cвeчa вышe бб - бyдeт вceм cкopoe cчacтьe.

I am native Russian so my translate is:

If the weekly candle closes above BB, then there will be a quick happiness for everyone.

He means, of course, that this would be a good bullish signal.

Here is my quick translation of the translation. If there's "quick happiness" for everyone, HODL. If there's no "quick happiness" for everyone, buy the dip then HODL.

[prophetx]

So effectively he’s calling a potential new ATH in 12-18 months.

Interesting.

could look like this then

[birr]

[STT]

^^lol  Those are just basic trend lines, I never remove old trends as they can remain relevant in future.     They forked bitcoinwisdom ?   the old one I noticed stopped updating

Daily MA200. My forecast changed to bearish when we were under it. Now the opposite situation.

I noticed similarly, we bounced under the 200 day last couple weeks and then passed it with not much drama.    Currently BTC seems in a very different mood to what dropped in late last year.   It cant just be FED influence and a shift is risk appetite.
However the 200DMA is still dropping daily and until that plays out I'm not expecting the same action to be repeated continually in such a positive way.   This is a natural area for hesitation despite passing that major moving average, I'm sure I've heard its direction and momentum is still important and to be bearish or at least cautious so long as that negative sentiment is in the price history and within 200 days it is

His long term prediction being so positive is still surprising to me and I would not guess such a path in as little time as 18 months.   It would take alot to convince me 2019 is not just a revision of 2018 and at lower prices if anything

[Andergriff]

https://www.tradingview.com/chart/BTCUSD/Ybv5PkjN-Almost-at-resistance/

Я жe гoвopил cюдa вepнeмcя.

I told you that we will be back here.

[Wind_FURY]

https://www.tradingview.com/chart/BTCUSD/Ybv5PkjN-Almost-at-resistance/

Я жe гoвopил cюдa вepнeмcя.

I told you that we will be back here.

I feel sorry for the people who shorted the "Bitfinex FUD". They got burned, which they had to cover very quickly. Plus that might also have been the catalyst of the rally.

[keystroke]

https://www.tradingview.com/chart/BTCUSD/Ybv5PkjN-Almost-at-resistance/

[exstasie]

https://www.tradingview.com/chart/BTCUSD/Ybv5PkjN-Almost-at-resistance/

I wonder why he charted Bitfinex, now of all times. I agree with him but if Bitfinex reverses at the triangle apex, the rest of the market will reverse much earlier as there is a $300 disparity right now. Bitfinex is already in his reversal zone.

Maybe we'll tag $6K on Stamp and Coinbase and that'll be it.

[prophetx]

https://www.tradingview.com/chart/BTCUSD/Ybv5PkjN-Almost-at-resistance/

I wonder why he charted Bitfinex, now of all times. I agree with him but if Bitfinex reverses at the triangle apex, the rest of the market will reverse much earlier as there is a $300 disparity right now. Bitfinex is already in his reversal zone.

Maybe we'll tag $6K on Stamp and Coinbase and that'll be it.

looks like we are about to find out soon what will happen.  personally i think it needs to head more north, time will tell.

[adaseb]

I agree with his analysis however everybody knows that ~$6000 is a major resistance area. And usually when the general retail market knows something and they are trading on that, it usually ends up doing the opposite.

Sure its possible it might hit $6000 and go straight down. However I think we will need to get some double or triple top for confirmation.

I wouldn't be surprised if there would be a bull and bear trap in there somewhere. Basically breaking the $6000 ahead, heading to almost $7000, causing a huge short squeeze and bull trap and then falling again towards the $4K-$5K area.

Only time will tell.

[figmentofmyass]

I agree with his analysis however everybody knows that ~$6000 is a major resistance area. And usually when the general retail market knows something and they are trading on that, it usually ends up doing the opposite.

Sure its possible it might hit $6000 and go straight down. However I think we will need to get some double or triple top for confirmation.

I wouldn't be surprised if there would be a bull and bear trap in there somewhere. Basically breaking the $6000 ahead, heading to almost $7000, causing a huge short squeeze and bull trap and then falling again towards the $4K-$5K area.

Only time will tell.

good point. my experience is usually the price either overshoots or undershoots major levels since the market sees it coming. the chart doesn't look toppy yet so i'm inclined to agree that a squeeze beyond $6k is possible. breaking above $6k will cause many to proclaim a new bull market when in fact it'll probably precede a huge correction to the $4ks or maybe even lower.

[Millionero]

Bitfinex xbt price differs from other exchanges mostly because you can't arb it in direct fiat.  Arbing through usdt and usdc doesn't work because of disadvantageous exchange rates.

[prophetx]

I agree with his analysis however everybody knows that ~$6000 is a major resistance area. And usually when the general retail market knows something and they are trading on that, it usually ends up doing the opposite.

Sure its possible it might hit $6000 and go straight down. However I think we will need to get some double or triple top for confirmation.

I wouldn't be surprised if there would be a bull and bear trap in there somewhere. Basically breaking the $6000 ahead, heading to almost $7000, causing a huge short squeeze and bull trap and then falling again towards the $4K-$5K area.

Only time will tell.

good point. my experience is usually the price either overshoots or undershoots major levels since the market sees it coming. the chart doesn't look toppy yet so i'm inclined to agree that a squeeze beyond $6k is possible. breaking above $6k will cause many to proclaim a new bull market when in fact it'll probably precede a huge correction to the $4ks or maybe even lower.

The 1st bear fib level is at around 7400 and the next around 10k, it already broke the 200 dma I would super surprised if we got another opportunity to buy at $4000... it’s like when it dipped to the $200s and then went back up once it crossed $400 it never saw $200s ever again. Wishful thinking which then results in fomo later when people miss the train...

[dmwardjr]

Litecoin Block Halving Event Will have us Stair-Stepping Up till around the second week of July in my opinion.  My indicators have us reaching peak exhaustion in the 2-Week Time Frame on the 2-Week Candle beginning July 8, 2019.
https://bitcointalk.org/index.php?topic=5140701.new#new

NEW VIDEO Publication titled, "Follow Up Explanation WHY Upward Pressure To This Weekend." See additional charts and comments in the comments section.  https://www.tradingview.com/chart/BTCUSD/DBnESTh9-Follow-Up-Explanation-WHY-Upward-Pressure-To-This-Weekend/

20 Minute Video Publication posted yesterday:  https://www.tradingview.com/chart/BTCUSD/ydOQmsfF-2012-REPEAT-in-My-Opinion-till-7-820-or-9-222-to-New-High/

[Tzupy]

I agree with his analysis however everybody knows that ~$6000 is a major resistance area. And usually when the general retail market knows something and they are trading on that, it usually ends up doing the opposite.

Sure its possible it might hit $6000 and go straight down. However I think we will need to get some double or triple top for confirmation.

I wouldn't be surprised if there would be a bull and bear trap in there somewhere. Basically breaking the $6000 ahead, heading to almost $7000, causing a huge short squeeze and bull trap and then falling again towards the $4K-$5K area.

Only time will tell.

good point. my experience is usually the price either overshoots or undershoots major levels since the market sees it coming. the chart doesn't look toppy yet so i'm inclined to agree that a squeeze beyond $6k is possible. breaking above $6k will cause many to proclaim a new bull market when in fact it'll probably precede a huge correction to the $4ks or maybe even lower.

I believe the market is running out of steam, and looking for a correction, possibly an ABC. I plan to buy back around 4.5k$, since I doubt it will go much lower.