Quick BTC update 27.08.2019

in #btc5 years ago

The triangle continues. BTC should start dropping hard once the triangle is completed.

This is a very high probability trade and one of the few occasions where I am looking to short BTC for a few days/weeks.

QYwopV8H.png
mSImmS7i.png

Wishing us all a well-performing HF21 that does what it is supposed to. Raising the value of our tokens by giving more incentives to hold SP longterm, starting to onboard the masses withing the next 3 years, further improve the chain and media coverage with the SPS system and improve content discovery so that the best authors actually earn the most...

image (5).png
If you think this to be useful information:
DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif
image (5).png
Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.
image (5).png
legal3.png
image (5).png

Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

image (5).png
#bitcoin #btc #crypto #cryptocurrency #cryptocurrencies #steem #sbd #ethereum #eth #ripple #xrp #bitcoincash #bch #eos #litecoin #ltc #stellar #lumen #xlm #digibyte #dgb #cardano #ada #iota #tether #neo #tron #trx #omg #verge #xvg #bitshares #bts #nano #monero #xmr #dash #ethereumclassic #nem #binance #binancecoin #vechain #tezos #omisego #steemit #money #life #altcoin #altcoins #trading #investing #investment #investments #forex #forextrading #market #finance #gold #silver #commodity #commodities #stock #stocktrading #stockmarket #facebook #fb #apple #aapl #spx #xau #xag #usdjpy #usd #amazon #amzn
image (5).png
ew-and-patternsnew.gif

Sort:  

What does this mean for alts? Are they going to go up vs BTC or do we expect them to dump even further?

A short term dump is possible in alts, but they already are very low. I don't expect them to drop as much percentage-wise as BTC.
This could be the last time we see cheap BTC. I am expecting massive gains in most cryptos shorty after.

Will drop hard if gets below 9k.

Likely. Down to around 8k