Rejecting off the EMA but seems the pace of the drop is slowing down. (at least for another bear flag.) We're starting to get some bullish divergence on the RSI. The arrows represent the hopium of my shattered dreams.
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Looking with some momentum but it's also at strong resistance. I think near term 4600 is a real possibility. Otherwise bitcoin could fall violently. (Medium term bias.) But yeah. Interesting times in this space indeed.
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I have consulted with my box of widgets. 100k btc by 2022. Guaranteed.
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Magnet @ 4460 (coinbase).
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Today I ate roasted pork chops with cauliflower and green beans as I contemplate the view of the sea from my tower. It's important to eat a balanced diet in order to make good predictive analysis.
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Look. Bitcoin is bouncing off an imaginary line I drew a week ago. You might be surprised how frequently that happens.
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"When you live the market the market lives in you." -I just made that up.
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If you want to extrapolate what comes to the right a good place to look is to the left. For example the angle of the line is from the bounce directly before it. so to the spacing is from previous structures. Just explaining to you the concept behind what it is I'm attempting.