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Author Topic: 12.8K - 13.8 Targets!! BUT CAUTION ADVISED - DO NOT FOMO/MOON [UPDATED Video]  (Read 1055 times)
butterWheelz (OP)
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May 06, 2019, 11:49:20 AM
Last edit: June 21, 2019, 11:20:53 AM by butterWheelz
 #1

New Update June 21st: 9.7k Broken!! What's next??  12.8k - 13.7k

We have projections of 12.8k to 13.4k!!

YouTube Video Here: https://www.youtube.com/watch?v=3YUtWApcDCQ



UPDATED June  20th:

Apologies for not updating this thread here! I have been posting update videos everyday though! Smiley

We got in our BTC position at $3.8k based off the MONTHLY and since then all our targets have been hit!

In yesterday's video we projected RETEST of 9.4k and said that we were unlikely to make the move down to 8.4k just  yet. Today we got that move!

We also got the MULTI-YEAR Gold breakout that we discussed yesterday (pure co-incidence that it happened the next day! but I'll take it!)


Yesterdays' Video: https://www.youtube.com/watch?v=e4edtBga0Tg

So what's next? I'll be posting a vid again this evening so stay tuned!  Smiley

(Hint, in our previous videos we were discussing 11.5k targets and beyond  Wink )

------------------------------------------------------------

OLD UPDATES:

Hey guys – we've been watching for this particular move for a couple months now. We've been following BTC ever since the break of the 55 EMA ($3800-ish) on the monthly.

In our last two vids we discussed the break of the Monthly 21 EMA and (just confirmed) the break of the WEEKLY 55. This is extremely bullish – and we're expecting continuation to the upside moving forward.

Ichimoku looking great as well, and showing a possible target to $7400-ish, after that we'll have a target of 8.4k and then await retests of the levels underneath.


UPDATED MAY 18TH:

Second update guys, we have now reached a decision point on the 3DAY chart. As long as we close the 3day candle (tomorrow) above the 7.1k -ish level, we should go ahead and revisit the 8.4k

However, closing below this level may have us ranging/retesting the low 6k region. I explain my thoughts in this video:

https://www.youtube.com/watch?v=wX-T1qnYUgk&feature=youtu.be

1. 6150 --> Broken (awaiting retest).  Got retest (bitstamp only)
2. 6350 --> Broken (awaiting retest) (Got retest!)
3. 7.4k ---> Broken and retested.
4. 8.4k ---> Target hit

UPDATED MAY 11TH:

What'sup guys!

Quick update to this projection! We've broke the resistances we spoke about in our last videos:


Here is an updated video with our 7.4k projection!

https://www.youtube.com/watch?v=ZwzikZ3Ri2k

Older vid:
https://www.youtube.com/watch?v=xRkgfctxqqA&feature=youtu.be
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May 06, 2019, 04:24:36 PM
 #2

I hope your right and let it start pumping up.
A great news for us all we only started this month and it is already showing up a good sign.
Let's all hope that this would make this whole month a great month for crypto industry.
We are still currently at $5,751 and I hope it would start to rise up soon.

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May 06, 2019, 06:51:58 PM
 #3

Ichimoku looking great as well, and showing a possible target to $7400-ish

Yes, you are right. I haven't looked at Ichimoku for quite some time, as I don't use it in my trading system any more. But all parameters of the daily Ichimoku appear to be very bullish:

a bullish TK cross already happened,
the price above the cloud,
the future cloud in the green, and
the lagging span above the price.

All classical Ichimoku parameters speak clearly in favor of a bullish run. Had I been using it, I would've been long 2 weeks ago or so (depending on the actual exchange). Presently, the only question is: "How long will it last?" I have seen such promising runs end abruptly in a couple of days, but I hope this run will last until at least your indicated target. BTW, I didn't know Ichimoku could also give you the target price. Can it really predict the target price or how does it work?
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May 06, 2019, 07:18:13 PM
 #4

The sudden uptrend of the market is really surprising.
There are lots of speculations and analizations coming out and they sound to be all the same these days.
The pump is quite fast these past few days and the
changes are really visible. Investors who are rushing to accumulate more also affects the price of Bitcoin and we should start believing that good days in crypto are coming.
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May 06, 2019, 09:59:21 PM
 #5

Investors who are rushing to accumulate more also affects the price of Bitcoin and we should start believing that good days in crypto are coming.

The 'good days' in crypto were when the price price of Bitcoin was hovering below the $4000 mark. Right now you're buying into people's greed, which is something I rather sell into.

The price can surely go up more, but after what we have seen already from the bottom last year, it wouldn't surprise me to see some mid term consolidation. If the demand has really increased significantly, we'll notice by breaking through $6000 and then $7000 but lets first see if we can get past the $6000 level for now. Smiley
butterWheelz (OP)
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May 07, 2019, 12:52:36 AM
 #6

Ichimoku looking great as well, and showing a possible target to $7400-ish

Yes, you are right. I haven't looked at Ichimoku for quite some time, as I don't use it in my trading system any more. But all parameters of the daily Ichimoku appear to be very bullish:

a bullish TK cross already happened,
the price above the cloud,
the future cloud in the green, and
the lagging span above the price.

All classical Ichimoku parameters speak clearly in favor of a bullish run. Had I been using it, I would've been long 2 weeks ago or so (depending on the actual exchange). Presently, the only question is: "How long will it last?" I have seen such promising runs end abruptly in a couple of days, but I hope this run will last until at least your indicated target. BTW, I didn't know Ichimoku could also give you the target price. Can it really predict the target price or how does it work?

Indeed!

We just completed the daily as well as the two day edge-to-edge trades as well. The first target was $4800 and the second target was $5800.

Now 3day cloud is pointing to a possible $7400!

I discuss it half way through the video if you're interested:

https://www.youtube.com/watch?v=xRkgfctxqqA
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May 07, 2019, 04:31:20 AM
 #7

Good, I'm extremely bullish two months ago and your TA has provided good insights. But we need to take small steps though, officially we haven't touch $6k, but I'm not worried because eventually it will be breached soon.

As for the $7400, damn if we get to reach that target in the next coming months then everyone should be very very happy. But let's not celebrate first, we need to stay focus and let the market do their thing.

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May 07, 2019, 04:57:01 AM
 #8

If the demand has really increased significantly, we'll notice by breaking through $6000 and then $7000 but lets first see if we can get past the $6000 level for now. Smiley

We already surpass this level on some exchanges, some correction might occur here (or not).
Not sure if this happened due to purely technical analysis or the market was influenced by the recent news such as Fidelity offering crypto services and so on.

Now 3day cloud is pointing to a possible $7400!

Be prepared for anything Cheesy

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May 07, 2019, 06:36:59 AM
 #9

As most had predicted, the market is slowly recovering. This kind of growth is more realistic than sudden price surge. Been expecting the market to grow steadily and slowly because of news and articles I had been reading about crypto adaptation and development.

Let's just prepare for what is coming, and accumulate as much as you can.

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May 07, 2019, 07:15:19 AM
 #10

The sudden uptrend of the market is really surprising.

How surprising can it be when price has been down for more than a year and almost all indicators including EMA are showing good signal for a bull. I for see a longtime bull with the new trend that has formed.

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May 07, 2019, 07:54:29 AM
 #11

As most had predicted, the market is slowly recovering. This kind of growth is more realistic than sudden price surge. Been expecting the market to grow steadily and slowly because of news and articles I had been reading about crypto adaptation and development.

Let's just prepare for what is coming, and accumulate as much as you can.
Bitcoin is closing in on the $6K mark and will bypass it shortly in my opinion as expected. The next target will be $7K which it will most likely by the middle of next month if it continues rising organically without any negative news to slow it down. Exciting times indeed.

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May 07, 2019, 08:51:09 AM
 #12

Not yet, we can still retest the support at $5000-$5400. But i already set my target around $6500-$7000, because i need to pay my bills and buying some other stuff. Already holding a major coin for more than 1 years and now it's to harvesting my investment.
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May 07, 2019, 09:48:25 AM
 #13

We almost reach $6,000 in some exchange, but the sign of breaking higher than $6,000 barrier still there and I hope that it will break in this day or the next day.
But before it could break the higher price, the price will adjust first so it could load some power to increase so be careful if there is a small down of the price.
To reach $7,000 it's not easy, and I guess that it could happen in the next month but let's wait for what happened later.

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May 07, 2019, 10:21:59 AM
 #14

Seems OP forecast going to be true, we are very close of breakout. Expecting breakout would might happen within few hours. Hourly candle seems green (Binance), so most likely breakout very near. Bitcoin should hold strong resistance above $6K zone for next bull run. All bitcoin holders wating for  that movement. It has been long time that holder become bored. So expecting something good for holders.

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May 07, 2019, 10:39:46 AM
 #15

Seems OP forecast going to be true, we are very close of breakout. Expecting breakout would might happen within few hours. Hourly candle seems green (Binance), so most likely breakout very near. Bitcoin should hold strong resistance above $6K zone for next bull run. All bitcoin holders wating for  that movement. It has been long time that holder become bored. So expecting something good for holders.

I do hope that we will see a break-out in the next 12-24 hours. Just today the price seems to fluctuate but heavily but it seems the magic number of $6000 can't be breach as of this time. I get that feeling again, in 2017, wherein we break $5000 then $6000 although I would suggest not to jump and celebrate yet. $6000 and $7000 is just around the corner and I'm sure everyone should be very happy to see investments grow after a long bearish market.

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May 09, 2019, 03:31:42 AM
 #16

We almost reach $6,000 in some exchange, but the sign of breaking higher than $6,000 barrier still there and I hope that it will break in this day or the next day.
But before it could break the higher price, the price will adjust first so it could load some power to increase so be careful if there is a small down of the price.
To reach $7,000 it's not easy, and I guess that it could happen in the next month but let's wait for what happened later.
Currently it has been broken and is stable at $6000 price in Binance exchange. I think this is a very good sign for the market to be ready to enter a new phase because lately everyone's psychology is very good and they are willing to invest in Bitoin again if the value of Bitcoin can be stable in terms long time . I have seen the analysis of top experts and achieving a price of $7500 is entirely possible in June so consider investing if you want to make a profit.

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May 09, 2019, 05:33:36 AM
 #17

A very good sign is that the current security breach at binance had no real impact on BTCs price, hence it even broke through 6k despite the news. Hopefully, bulls are back and we see 9k again at the end of the year.

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May 09, 2019, 06:29:11 AM
 #18

A very good sign is that the current security breach at binance had no real impact on BTCs price, hence it even broke through 6k despite the news. Hopefully, bulls are back and we see 9k again at the end of the year.
I also felt that binance hack will have a significant impact on the price of bitcoin however reverse is the case this is a good sign of bulls having a good ride of the market, obviously bitcoin reaching $6K will retrace before continuing the journey upward and gradually investors are gaining confidence in the market possibly the price would reach $7K within the  shortest time without any price manipulation of the whales.

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May 09, 2019, 01:18:08 PM
 #19

Congratulations!

The prediction is correct, we are now at $6100 and I think your target will be achieve soon.
I like to see $7000 of course, this will make the market look more bullish, and next target would be $10,000?

Slowly but we will be there soon, 7 more months of solid bullish movement.

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May 09, 2019, 01:55:08 PM
 #20

Yes, I see that the price break $6000 level and now it's stable on that price.
But I don't know how long it still stable but I hope that we could see bitcoin price to increase more than now.
So the next target for bitcoin price is to reach $6,500, and I think we could see it will happen in this month.
But if the price cannot reach that price this month, we don't have to worry because bitcoin will make it happen in the next month and the rest of the month in this year.

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