Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 14/03/2020, 18:38:24 UTC
Good Morning WO's

Its been awhile friends...and I offer no excuses nor regrets. Life has a funny way of always moving forward yet coming full circle if you follow my meaning..   Anyway...all is well with me and mine and I hope this day brings the same to your and yours.

After Black Thursday I felt the need to look at some older charts and to try and gauge which way the wind is blowing.

*looks around*

Yep...its blowing pretty hard out there..but this to shall pass. Hunker down, accumulate and take care of your friends and family. Its all I got really.


---------

Deep squeeze followed by rebound and accumulation at the 0.236 long fib
4h


Clear break across trend line into capitulation. The market losing over 75% of the gainz made since the lows of late 2018. Followed by...recovery?
D


..and the rockets red glare..
W

#stronghands




Thanks for the update, but some things cannot be explained or predicted by TA.
TA always reacts to events and has almost zero predictive ability.