{"id":10104,"date":"2019-11-25T07:24:13","date_gmt":"2019-11-25T07:24:13","guid":{"rendered":"https:\/\/tradingshot.com\/?p=10104"},"modified":"2023-04-27T07:28:03","modified_gmt":"2023-04-27T07:28:03","slug":"6500-on-bitcoin-there-you-have-it-final-flush-and-up-we-go","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2019\/11\/25\/6500-on-bitcoin-there-you-have-it-final-flush-and-up-we-go\/","title":{"rendered":"$6500 on BITCOIN there you have it! Final flush and up we go!"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Well eventually all projections for a $6500 price on Bitcoin have proved to be correct. The following study in particular came incredibly close to estimating 6500 on December 1:<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"BITCOIN Bottom in December? See this scary coincidence!\" href=\"https:\/\/www.tradingview.com\/chart\/BTCUSD\/izJdUZVG-BITCOIN-Bottom-in-December-See-this-scary-coincidence\/\" target=\"_blank\" rel=\"noopener\"> <img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/i\/izJdUZVG_big.png\" alt=\"BITCOIN Bottom in December? See this scary coincidence!\" \/> <\/a><\/div>\n<p><strong>*The 4th contact sell-off*<\/strong><br \/>\nWhat I want to focus on today is an analysis I posted 5 days ago (see the chart right below) when the price was at 8200 showing that a break below the yellow line on the 4th contact would initiate an aggressive sell-off, similar to what happened in November 2018. Well the break-out did happen, $6500 showed up and BTC is just above the Buy Zone indicated by the MA150 and MA200 on the 1D chart.<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"BITCOIN When and where can we BUY for the next BULL RUN?\" href=\"https:\/\/www.tradingview.com\/chart\/BTCUSD\/sdXzdnz4-BITCOIN-When-and-where-can-we-BUY-for-the-next-BULL-RUN\/\" target=\"_blank\" rel=\"noopener\"> <img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/s\/sdXzdnz4_big.png\" alt=\"BITCOIN When and where can we BUY for the next BULL RUN?\" \/> <\/a><\/div>\n<p><strong>*Where does this sell-off end?*<\/strong><br \/>\nSo where does this sell-off end? If the study (listed at the beginning of this analysis) about the symmetrical format between the two patterns is correct, then I project the following. The time from the June 2019 peak until the break-out of the yellow line is roughly half the time between the December 2017 All Time High and the break-out of the black line (Nov 2018). We can assume that the final flush leading to the bottom will be also half this time and after that a lengthy consolidation will follow. This suggests that the bottom will be either this week or the next!<\/p>\n<p><strong>Are you ready to buy for $20000 and beyond? Let me know in the comments section!<\/strong><\/p>\n<p>Please like, subscribe and share your ideas and charts with the community!<\/p>\n<p>&nbsp;<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/BTCUSD\/NUBV8st7-6500-on-BITCOIN-there-you-have-it-Final-flush-and-up-we-go\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/BTCUSD\/NUBV8st7-6500-on-BITCOIN-there-you-have-it-Final-flush-and-up-we-go<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Well eventually all projections for a $6500 price on Bitcoin have proved to be correct. The following study in particular came incredibly close to estimating 6500 on December 1: *The 4th contact sell-off* What I want to focus on today is an analysis I posted 5 days ago (see the chart right below) when<\/p>\n","protected":false},"author":611,"featured_media":10105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1636],"tags":[],"class_list":["post-10104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=10104"}],"version-history":[{"count":4,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10104\/revisions"}],"predecessor-version":[{"id":10109,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/10104\/revisions\/10109"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/10105"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=10104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=10104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=10104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}