General Tone:
I firmly believe $6,500 was the floor. I see two cases. See chart below.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Bullish
Short Term Bias (Today) - Neutral
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019
Check out my BTC evening update that addresses the Pantera news and $6,500 as the floor.
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BTC: 357j3P2CuybfWh13V4uig9TJDJdqiR8CMx
NEO: AYBJHjrQFQij7kCmwun97PVEiRkRgFamMn
EOS: 0xc7a004b214db83bb05eee99f3d0e06ad02b858fc
Ethereum: 0xc7a004b214db83bb05eee99f3d0e06ad02b858fc
LTC: LL7misJsxX8kDzjnbvxupetVykCP58B1ZD
Bitcoin Cash: 199rQASMB5zVe9nEWwG34n1jEL24bYxCFz
XRP Address: rLW9gnQo7BQhU6igk5keqYnH3TVrCxGRzm / Wallet: 120086840
Thanks very much for the information
THANK YOU
Hi @philakone - good to have you back.
One question to you analysis. You are taking the high volume as confirmation for the market to pick up. What I was wondering - have you looked at the structure of the volume? Everybody is talking about a short squeeze "only" and that is confirmed in my opinion by the volume as the most part of it was on bitmex. What is your opinion on it?
I agree, bulls are coming, but 35k @ 2019 is conservative in my opinion. I expect an armsrace between billionaires, govs and central banks to cause the biggest run ever.
I hope it was the bottom too at 6.5K.
I like your TA. Good job PhiL
hey phil the last 5mins your mic cut but i could gather from the charts what the ta was. Thanks again!
Great stuff Phil. I am loving the TA and have learned so much. Thank you and keep it coming mate.
Rocking analise :) love your work... The best you are Mama whale <3
With all this stories of wars and the actual financial systems that are in a bubble at the moment, we are definitely going to see some major price action once the whole financial system crashed/pops again. lots of money is going to flow into crypto at once then!
Thanks for all the work! Love you my Asian brother ❤️
Good stuff dude!
Thank you
Excellent content, upvoted and resteemed!
Thank you @philakone. I didn't begin to make my money in crypto until after I viewed your tutorials. Very good stuff, and it is so great that you offer it to is for free. Pretty soon we will all be very competitive in this market because of you.😊
What is the difference between these two?