SUMMARY Fractals are similar, not exact, in pattern. They are analogs of each other. I don't use fractals for the exact repeat of price moves; but mostly for direction. For Bitcoin (BTC), the second fractal

SUMMARY Bitcoin (BTC) hit the $9k target as projected in yesterday's post and that completed the wave 3 (white) of the five impulse sequence. The blue waves are the subwaves of the white wave 3 and seem

SUMMARY Overnight, Bitcoin (BTC) has surged and put in a higher high. The below chart shows the workings of a fractal pair. Note the breakout and rise are not the exact between the two but the higher highs

SUMMARY The MACD chart below can be seen from the perspective of the Sellers. At the beginning of the correction, they gave all they had to bring Bitcoin (BTC) down! That represents the first blue rectangle.

SUMMARY Bitcoin (BTC) placed some intermittent piercings of the long term support line. Not exactly what would stand out as wicked bull wicks but nevertheless, price is bouncing. However, I remain suspsect

SUMMARY When using the line chart for Bitcoin (BTC), the five waves down is uncanny; as shown in the below chart. The line chart has a smoothing effect which does at times skew the count to a different

SUMMARY Overnight Bitcoin (BTC) price action went as low as $6,557 which briefly pierced the lower long term support line. Price then came right back into the triangle pattern. I believe that price could

SUMMARY No, I wasn't bored nor did I have too much time on my hands. I always wish humand never had to sleep and had 48 hours ina day! I made this cartoon based Bitcoin (BTC) fractal to emphasize how

SUMMARY Here is the 4 hr chart MACD for Bitcoin (BTC). Since December, it's been moving within two contracting lines and is getting closer to the Apex which currently sits on April 17th. A resolution needs

SUMMARY Bitcoin (BTC) has gone lower overnight....is it time to panic? Never! Let me take you through some reason and charts as to why. The below shows the current wedge being nearly complete. Price has

SUMMARY Bitcoin's (BTC) price action today basically went sideways. Per below chart, it's either putting in the finishing touches of the white abc or another pattern needs to be assessed. This pattern

SUMMARY So, overnight price action for Bitcoin (BTC) has broken out of the blue and the yellow wedge patterns. Thus far, the breakout counts to five waves and currently, a minor correction is taking place.

SUMMARY Bitcoin (BTC) is not crashing, IMHO. The price action has not been a panic sell scenario but rather an incremental decline series befitting an ABC corrective move. The below chart shows that BTC

SUMMARY Bitcoin (BTC) was not able to decisively breach the upper yellow line of the downward wedge which is currently representing the red B of the ABC of blue D. The yellow wedge pattern is likely to

SUMMARY Overnight Bitcoin (BTC) price action put in a vertical blue wave 4 and and vertical blue wave 5. Technically, they meet the Elliott Wave requirements so for now, these waves have been labeled

SUMMARY Thus far, Bitcoin (BTC) has put in the blue waves 1,2 and 3 with 4 and 5 still remaining. The below chart shows that price is still moving within the yellow outline of a downward wedge. There is

YouTube Link: ▶️ DTube ▶️ IPFS

SUMMARY This post will go longer term to short term analysis, the reverse of the usual for Bitcoin (BTC). Overnight prices have treked lower and it is reflecting on the MACD where the 12 day white line

YouTube Link: ▶️ DTube ▶️ IPFS