Courtesy of Read the Ticker
Time to review short and long term bitcoin charts, can bitcoin really get to $200,000?
Inflation fundamentals, Bitcoin halving fundamentals, World wide money printing: Well nothing else is needed to be known. The Bitcoin pump for this halving cycle may be very near.
If we are about to have a 300% or so rally in Bitcoin where can it go?
Bitcoin short term cycle (red) is good until Feb to April 2022.
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The new Bitcoin ETF shows massive short interest with futures, every one has loaded up.
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Bitcoin short term channel says $100,000 to $500,000
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Bitcoin long term channel says $100,000 to $500,000
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Bitcoin halving time frame match up says $100,000 to $500,000
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Gann chart says watch $135,000 and $265,000 between now and May 2022.
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NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.
Changes in the world are the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, Cycles, Wyckoff, and Ney logic is the best way to ride the change after all these methods have been used successfully for 70+ years. This post is a delayed and small sample of what is available to members. Sign up to enjoy the full service.
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…
.."Success in trading means excess of profits over losses. If anyone tells you they can almost be invariably successful, put him down as trying to impose on your credulity."..
Richard D Wyckoff
.."Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it"..
Warren Buffett
.."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 main purpose of the stock market is to make fools of as many men as possible”..
Bernard Baruch
..“Bull markets are born on pessimism, grow on scepticism, mature on optimism and die of euphoria.”..
John Templeton
