by Lara | Dec 6, 2018 | Bitcoin, Public Analysis |
Last analysis on the 21st of November expected more downwards movement for Bitcoin, which is what has happened. Summary: At this stage, Bitcoin may either bounce up to about 5,827 or move sideways. The bounce or consolidation may last about two to three months. It...
by Lara | Nov 21, 2018 | Bitcoin, Public Analysis |
The first preferred Elliott wave count expected Bitcoin to exhibit an increase in downwards momentum. This is exactly what is happening. The second Elliott wave count was invalidated seven days ago. Summary: Downwards movement has push from rising volume. This is very...
by Lara | Oct 17, 2018 | Bitcoin, Public Analysis
Bitcoin continues to move sideways and remains range bound. Summary: A clear breach of a support line, which has seen all price action above it until this point, is a strong indication that Bitcoin is bearish. Now that a backtest about the support line is complete,...
by Lara | Sep 19, 2018 | Bitcoin, Public Analysis
Bitcoin continues to move mostly sideways, with a slight downwards bias. Summary: A clear breach of a support line, which has seen all price action above it until this point, is a strong indication that Bitcoin is bearish. Now that a backtest about the support line is...
by Lara | Aug 13, 2018 | Bitcoin, Public Analysis
Bitcoin has moved sideways since last analysis. Summary: A clear breach of a support line, which has seen all price action above it until this point, is a strong indication that Bitcoin is bearish. Now that a backtest about the support line is complete, price may be...
by Lara | Jul 13, 2018 | Bitcoin, Public Analysis |
Last analysis presented a scenario that Bitcoin was most likely in the early stages of a collapse while price stayed below 13,031.04. This still remains the case today. Summary: A clear breach of a support line, which has seen all price action above it until this...
by Lara | Feb 15, 2018 | Bitcoin, Public Analysis |
Two scenarios for Bitcoin and a clear price point which differentiates the two ideas are presented in this analysis. Summary: While price remains below 13,031.04 and below the Magee bear market trend line, the possibility that Bitcoin is in the early stages of...
by Lara | Dec 23, 2017 | Bitcoin, Public Analysis |
Has the Bitcoin bubble burst? I look at price and volume, along with trend lines, to answer this question. Last analysis stated: “Instead of trying to figure out where this bubble may go, I’ll focus on figuring out when it may have popped. A strong bearish...
by Lara | Nov 13, 2017 | Bitcoin, Education, Public Analysis
Last analysis of Bitcoin expected more upwards movement, which is what has happened. Last published Bitcoin analysis is here. All charts are on a semi-log scale. FORTNIGHTLY CHART Click chart to enlarge. The data for this wave count begins from June 2010. What looks...