I’m amazed Bitcoin and all of its associates are still trading as high as it is.
But I will give it credit, charting it provides breath-taking accuracy, while not all always pays respects to trends, support and resistance, Bitcoin respects the ways of support and resistance breathtakingly well.
I haven’t done a chart since March 29th on it, because frankly, I don’t give a lick about cryptocurrencies, but I do get asked a lot about it, so I try to give the people what they want. Even if it does feel at time I am releasing to them Barabbas.
This time though, I’m not going to keep my prediction the same as I have done all year.
Oh no, I am drive that dumpster fire down further on the charts with a new target of $5,000 from $5,500.
Here are my three previous posts on Bitcoin so you can see just how spot on these predictions have been!
Here’s my chart + technical analysis on Bitcoin
