Baby Bear. Big Bull. Bitcoin HODL Forecast.

in #bitcoin6 years ago (edited)


I am a baby Bear short term and a big ol Bull longterm. Anything under 21K is a deal to HODL Bitcoin.

This is an investors, HODLrs, forecast. This is not for day trading. You can flip in the zones mentioned in the video. But if liquid, buying now is bargain, even if price dips to the 3600s. If you are a longterm HODLr, you can invest more then. All signs on the fundamental front are for a bullish Bitcoin future. How fast and and directly we get there remains to be seen. But what goes up goes down, and what is currently going down will be heading back up to December prices by June.

The only pause on the horizon is the approaching 21 MA cross over of the 200 MA. Whether something fundamental pushes price up and through the crossover remains to be seen. But the past two times the 21 MA crossed down through the previous 55 and 100 MA, price surged bearish . Combined with a Bearish Weekly MacD there is still room below.

My educated guess is a downward momentum short term through the rest of February. Then a recovery in price that sees a return to December levels by June. Opportunity to TP and flip at $11500, $15250, $17250, and $20.

Bitcoin 5.28% HODL entries.

$8480 present

$6950 forecast next entry

$5500s possible next entry

$3600s longshot next entry

$2400s we'll see....

Be Well. Stay Healthy. HODL on.

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Alwasy Earn Steem
#UpVote #Resteem #Follow #ThankYous


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These scenario's oddly resonate with my own forecasts. However, I've been wrong a lot. There's quite a lot of unpredictable swings happening in the crypto-spheres. Anyway, thanks for the post, looking forward to reading more of your insights!

UPDATE . Elliot Wave Short Term . 1hr
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Thanks for giving us very important & informative message.We can take out many update news from your valuable post.
Thanks @jacobts.
@Resteem,upvote & follow has been done.

Thank you very much!

effective job u have done...carry on @jacobts

good post...thanks for sharing

Thank you for stopping by.

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