Bitcoin BTC - Live Stream March 13 Morning Analysis - Is $7,661-$8,200 A Possible Target

in #bitcoin7 years ago


We see a bearish flag formation in play, where support regions are $7620 to $8,200. A Break above $9,800 would invalidate my bearish count.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Next few days) - Bearish
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019

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How do u think, will btc pull down ripple also ?

just all btc corrections pull down every other coin

Move over Bruce Springsteen there's a new BOSS in town!

Ah yes, let's take a look at bitconnect. Yep according to the trend analysis, you should never ever ever buy this coin. We will revisit this issue tomorrow to see if it has changed. Probability chance = 0%.

Lol stalking you from one to the other, checked live but missed a lot...

Thx to have recorded that!!

Btw Phil, i think you need to copywrite the fibo-jingle song! XD

ahah we need the fibo jingle on the bitconnect video :D

Came here just to upvote. Watched it live bitches!!!

Upvoted here after watching LIVE~! Glad that our mama whale is back at steemit!

Firstly thank you for your regular updates. Really appreciate the work you do.

Can you please answer 1 question regarding Fib extensions and retracements. In the current BTC scenario you used a Retracement of the whole structure (6000 to 11800ish) to asses the target of the bottom and then used the Fib extension in the current smaller picture to get a more accurate target.

Why did you not use an extension from the top to the bottom of the whole ABC correction (11700ish - 8400ish (A) extend to 9900ish (B) to get target (C).

I would be highly greatful for your input.

Thanks

Great as always. Upvoted!
Just so you know, the correct link to your amazing tutorials is actually the one below. You should probably also change it in your pinned tweet, because this is why you are getting questions on Twitter from people that can't find it (although it really is not that hard to click a few times more) https://steemit.com/bitcoin/@philakonesteemit/25-cryptocurrency-tutorials-35-hours-free-and-comprehensive
Humble greetings from your student.

Welcome to steemit.

Nice work as usual. Thank you.