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Bitcoin Supply and Demand Update

Courtesy of Read the Ticker

bitcoin-supply-and-demand-updateBig swinging bitcoin. Let's review the Wyckoff demand and supply action to further explain price action with more clarity. 

 

More from RTT Tv Wyckoff accumulation chart from video above.
 

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BTC 1
 

Chart from here, it works until it does not.
 

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BTC 2
 

Fundamentals are important, and so is market timing, here at readtheticker.com we believe a combination of Gann AnglesCyclesWyckoff and Ney logic is the best way to secure better timing than most, after all these methods have been used successfully for 70+ years. To help you applying Richard Wyckoff and Richard Ney logic a wealth of knowledge is available via our RTT Plus membership.

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote…

..“The only way you get a real education in the market is to invest cash, track your trade, and study your mistakes…. The examination of a losing trade is tortuous but necessary to ensure that it will not happen again.”..

Jesse Livermore

Investing should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.

Nobel Laureate for Economics Paul Samuelson

.."October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February."..

Mark Twain

..The time of maximum pessimism is the best time to buy and the time of maximum optimism is the best time to sell"..

John Templeton

.."If past history was all there was to the game, the richest people would be librarians"..

Warren Buffett
 


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Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!