Bitcoin BTC May 5th Live Stream Afternoon Update - Are We Setting Up for Massive Bull Trap?

in #bitcoin3 years ago (edited)



General Tone:
We see massive resistance at the $10K range. Hard resistance is $11,750 which we have a chance to hit, though a bull trap is more likely. If $10K is not breached, a support target is roughly $8,650 range.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction by 2019 - Breaking well above $35K (ATH)


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Gave you a shot out in my latest post philakone 🙌

thank you kindly.

thx man

phil, wanted to ask if you take fibs from w5 or higher B then in case of BTC?

big market manipulation by whales, i think it's a bull trap unfortunately.
wait and see.

Hey you need to rectify your header
"Long Term Target Prediction by 2019 - Breaking well above $3.30 (ATH)"

Thanks for always providing such great TA! You're the reason I made an account on Steemit.

FYI for everyone else who made a Steemit in order to show appreciation for Phil -- your up-votes won't be worth almost anything unless you increase your Steem. The best way to increase steem (besides posting content of your own) is by helping out everyone else in the comment section with a vote.

If you take a few seconds to up-vote other Philakone supporters, we will collectively increase our power as a group to impact Phil. Just food for thought.

I appreciate you very much Bartlet. Thank you.

Philakone, you nailed it! From my favorite Canadian TV show: