Bitcoin Creeps Out Of The Bear Market (Rapid Fire Chart Analysis)

in #crypto5 years ago

It's about time I did a technical analysis update sharing my view on the charts. While the masses may be totally unaware we are gradually creeping out of the bear market. Now is the time to really pay close attention to the price action. Here are my thoughts.

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#Bitcoin #BTC #TechnicalAnalysis

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Chris, I'm also seeing the alts follow btc, unlike a year ago. The alts would rise and btc fall and vice versa.

Thanks for the witness vote, @dfwplay! I think it's great that you took responsibility and started approving witnesses! Respect!

Time to set and do average daily buys ...

I appreciate your full transparency and commitment to seeking out and uncovering the truth.

Interesting analysis, learned about the Bearish Reversal line and sign coming out of bear mkt.

Some saying using Elliot Wave trends , currently on the 4 leg (mini bull trend), than towards downwards (final) 5th leg to reach the bottom.

Of course, other saying Mid Dec around $3200 was the bottom.

Time will tell.

Very cool analysis, Chris! It will be nice to be in at the early part of the bull market this time around...

With all the good news we are getting everyday about crypto projects, we will get there Chris.

Keep up the great work.

It is not only about crypto - this is about all the things we are doing :D

Nice insights. You have an interesting combination of trendlines. Thanks.

Good ol' ta

Posted using Partiko Android

Great analysis! And yeah! .. It looks like we are moving forward :D

Slow and steady wins at the end! I think it also provides the benefit of developers to step in and get involved at great prices to help adoption.

Posted using Partiko iOS

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