Bitcoin

BTC - Price Equilibrium

120
I apologize for the convoluted charts; I am experimenting with ideas. I am seeing price equilibrium in BTC price-action. Anytime we get near $4100 we are knocked down. I must conclude that a close above $4100, will push BTC higher, unfortunately, the powers that be, do not desire this much over 4k. You can see the Short-Interest moving along an upward trend. I have found that attempting to read anything from Short-Interest is rather futile but I always consider it in my analysis, so why not display it so everyone can see what is going on. I am still holding to the 3k prediction I made back in November for Feb-2019! We'll see what happens.

Outlook: Neutral.

The dotted line is a rudimentary attempt at establishing a trend but there are not enough data points to make it accurate so it will stand as a reference. Please note that this analysis is correlated with time, and is a short-term observation using short-term data points.

I hold no position yet
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