Reminiscences Of Bitcoin's Past

One of the major reasons I post is to keep a log of what I'm thinking and looking at when the markets are going up / down / sideways.

I used to post charts on http://trendwizard.blogspot.com until Steemit came along and made it easier to post with a little tip from the reader. Great stuff.

I was looking at this (the next 2 charts) back in October 2016. I thought I was being super bullish. Yet behind the scenes I had some indications using Fibonacci, Andrews pitchfork and a log chart that the prices of Bitcoin was going to be stupid high, I didn't believe it and that's when Bitcoin was $700 usd. http://trendwizard.blogspot.ca/search?updated-max=2016-10-29T13:50:00-06:00&max-results=3&start=6&by-date=false

Back then I was using different colors for the control lines Purple and Blue.

http://trendwizard.blogspot.ca/2016/10/silver-and-bitcoin-positive-us-stock.html

These days I changed the colors to Blue and Green. The price of Bitcoin is stubborn to say the least, with it's clustering around the control lines. The Pink is the 55 week moving average and the cherry colored is the 233 day moving average. Depending on how the week ends we'll maybe by some more time or Bitcoin will find direction again.... odds are to the upside but you never know.

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