Sure, I could see a measured move there. A stop run above the $11,200 pivot into resistance near $11,500 (followed by more ranging) would make a lot of sense to me.
Something tells me the market will continue ranging below the August highs for quite some time. Months probably. No moon yet!
Something tells me the market will continue ranging below the August highs for quite some time. Months probably. No moon yet!
Months...?? Let us moon instead please THX
That b called koreck, to me.
No need to wait months, even though don't rule any lil tinglie out, either.
Frequently, we get these bear calls - but for some reason the BTC price keeps going up, and hopefully NOT too many newbies get tricked out of scenarios that involve waiting to buy coins at a lower price that might not happen...
Not a bear call, more of a sideways call. As you know, I've been speculating about a long term triangle for many months now. Still looking good: https://bitcointalk.org/index.php?topic=5196072.msg55282472#msg55282472
This wasn't a bear call either:
Short term, it looks like we should expect a thrust above the $11,200 resistance. This symmetrical triangle broke to the upside:
Just calling them like I see them. Will reassess if BTC is holding in the $12,000s again.