1h later the MACD histogram turned green on the daily chart. $BTCUSD price was at ~$11500 on Bitfinex when I made the forecast. Now at ~$11800.
MACD on daily needs to close green and also stay green for several days to confirm the strong bullish outlook.
https://t.co/qAI0mMa8sn
#Bitcoin buy signal almost confirmed.
If the MACD histogram on the daily flips from red back to green in the next days (this could happen as early as this Sunday) the indicator could then signal a $BTCUSD price move higher. In that case $BTC could move towards the all-time high.
If the MACD either does not turn "green" in about the next week, or if the MACD histogram rolls over back to red after being only green for about 1-2 days - then the @ewforecast is your next best guide.
https://t.co/5HyIf9WWLg
#Bitcoin buy signal almost confirmed.
If the MACD histogram on the daily flips from red back to green in the next days (this could happen as early as this Sunday) the indicator could then signal a $BTCUSD price move higher. In that case $BTC could move towards the all-time high.
Updated analysis from @ewforecast for the #Bitcoin price.
The wave V target for $BTCUSD remains intact.
Let's see if this plays out while I'm taking my break.
@askslim And congratulation to your awesome chart analysis video you had shared on December 14.
You nailed all those waves perfectly in advance including the volatility in January,
@askslim@tradingview The Coinbase price doesn't reflect the real price history of Bitcoin.
Please use instead on Tradingview BNC:BLX
This is the "@BraveNewCoin Liquid Index for Bitcoin", which goes back to early 2010 and has been added to Thomson Reuters Eikon terminal.
https://t.co/HQqjkpZRZn
I'm spending my time this year on researching the markets. Imagine you could have invested into e.g. Google at a far earlier stage. Excellent opportunities are out there. You just have to find them (before all the others do).
https://t.co/XAqHFYqPL6
Somewhere a small team is building the generation defining companies of crypto. Just like Amazon, Google & PayPal survived dot com bubble, these companies will persist.
We won’t know they’re the winners for 5-10 years. But they’re building now. Somewhere.
I’m cheering for them.
Due to the recent #Bitcoin price volatility here a pre-Xmas gift:
Take a look at these three different #ElliottWave chart providers. All see a final wave 5 coming. They label this week's decline as wave 4
https://t.co/Po294Hfzm2
https://t.co/ydHcxyYoBH
https://t.co/GRbuHmPs1h