Bitcoin: A closer view

5. Sept. 2018When we zoom up a little, we find that Bitcoin has been in a falling wedge, which is bullish. Perhaps it will play out something like the above. RSI is falling on the daily. Overall I'd say Bitcoin just has a few more upward and downward movements in the wedge before it take's off.

5. Sept. 2018

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5. Sept. 2018

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The bottom green line of Support has not been broken since 2011. Bitcoin is getting very close to touching it. It follows the trajectory of my chart above it will finish correcting by October 31st.

7. Nov. 2018

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Right on the money (no pun intended)