Jim Riedel @unfairnessjudge
Stacking sats since 2011. Nothing I share is investment advice. DYOR. Parody account. San Francisco, CA Joined December 2020-
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Expect Bitcoin to fluctuate within the $50,000 to $60,000 range before making its final push towards $100,000 and beyond.
#Bitcoin bull market rally is on track! Keep an eye on the purple line (1) and the horizontal line (2) at the top. 1) The bull market will only finish when the black lines are beneath the purple line. 2) The black line must exceed this line.
Brewing 🔥 Estimated top: $150K #Bitcoin
Fantasy graph 😂 Bitcoin's growth doesn't follow a straight line like the one sketched out in this chart. It's logarithmic.
Fantasy graph 😂 Bitcoin's growth doesn't follow a straight line like the one sketched out in this chart. It's logarithmic.
The next bottom target is around $17K if #Bitcoin respects the earlier fibonacci levels: 1.618.
2019=2nd gray line on the middle 2018=1st gray line on the left 2022? The 1st gray line or the 2nd? 👉 1st=$22k 👉 2nd=$16k CCI says it’s not The bottom yet. No matter what, keep stacking. And be open-minded. Nobody is a seer.
I haven't received a best-buy signal from my private indicator yet.
We might not have seen the bottom yet. I gradually set my buy orders from $14K+ to $25K.
Bitcoin looks weak in the short term. But we're in it for the long run: 🤷. The red line crossing the green line is rarely a good thing.
The end of this month is critical. According to my analysis: -> $btc may either bounce up from around there (~$30k) -> or go way down
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