BTC Probably going to touch SMMA 12 on the week chart.

BTC has topped on the week chart. STOCH RSI and RSI heading down. We should have a correction that touches SMMA 12 range (yellow line) on the week chart; if it is a really bad correction the lowest price would hit is at SMMA 24 range (white line). MACD has nice wave pattern that may repeat. Correction may take 4-7 weeks at most. Alts should go up in a within 1-2 weeks time or sooner. There is still a chance that the correction does not occur or perhaps be delayed. BTC is never dead; BTC is still bullish in the long run. Market cap has only reached 1/10th of 1 trillion. In 1 year we went from 10 billion (October 21, 2016) to 100 billion (October 21, 2017). The beauty of emerging markets. Growth is far from over. Only up in the long run. If we have the same growth we had last year by the end of 2018 we could reach a trillion. The log chart agrees for now.

BTC Log chart is beautiful.

註釋

3800-4000 range will likely be the end of the BTC correction.

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The target of 3800-4000 may become higher as moving averages get pulled up by sideways trading.

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I will update it when it is time.

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It'll probably be like 4000-4500. But i cannot confirm that range without more data.

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BTC dip is starting. Likely going to drop to 4500-5000 range.

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SMMA 12 is at 4300 on the week chart. 4300 is very likely a massive support range.

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This is the correct SMMA 12 week chart.

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So much for the BTC hardfork. xd. I still believe BTC will have to correct soon. Stoch RSI and RSI are oversold on the week chart, and Stoch RSI might be peaking.

There is no need to be bearish on BTC in the long run (scale of months).

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Pretty confident that the BTC correction has begun! Let's see if it finishes at SMMA 12 again.

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SAR now bearish on day chart.

Stoch starting to trend down on the week chart.

I did warn anyone who saw this Nov 8th when we where at 7360.

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Likely going to hit 4500-5000 range. BCH FUD has started. Bitcoin.com is owned by Roger Ver; Bitcoin.com does not represent the Bitcoin network. If anything this goes to prove that Roger Ver has been planning this attack on the Bitcoin brand name for a while. Litecoin might do very well through the shit storm we are going to experience with Bitcoin b/c of panic sellers and bears. The BTC subreddit is a literal getting ripped apart. BTC will survive this, and come out stronger as usual.

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Stoch on the day chart is showing potential upside.

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SMMA 24 has moved up to 4464 on the week chart. And we haven't touched it. This is a bullish sign. At this rate support at 5000 is likely to hold.

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As usual BTC is boss. Rogers BCH is a pump and dump. Every time there is a fork of a low supply coin like bitcoin; the forked coin will have a lower circulating supply than original coin. This is due to people not having access to their forked coin. Low circulating supply makes it easier to pump since it becomes thinly traded due to whales accumulating coins as if they are rare items.

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LMFAO. IT DID TOUCH IT. JUST 1 YEAR LATER. AND BOTTOMED OUT THERE.

UnknownUnicorn755254