Bitcoin will start its breakout on April 11th, 2019

in bitcoin •  6 years ago  (edited)

A (possibly) very good trader says bitcoin will start it's climb very soon.

A trader that sounds an awful lot like one that used to go by the name stoxmagic (he goes by a different name now) has reappeared with some very interesting calls as it relates to bitcoin.

Not only does he give price targets, but he gives specific dates when these breakouts will occur!

Pretty cool right?

The first thing to take note of is the fact that he see bitcoin beginning it's ascent as soon as April 11th of this year.

Check out the chart:

(Source: https://twitter.com/ScienceGuy9489/status/1105184094499921926)

He's not saying that prices will explode on that day, but that the breakout will begin on that day.

He believes that the price will ultimately peak around $28k once that breakout is completed.

Zooming in a bit...

He thinks prices will break that $4,200 number slightly later than the first breakout from our triangle...

He's calling for that breakout to occur on April 24th.

Check out that chart:

(Source: https://twitter.com/ScienceGuy9489/status/1110615287114555392)

Once we have that $4,200 breakout, the bull trend will officially be on according to ol stox (possibly him?).

Whoever it is, I am not sure I believe him fully, but he has had a very good track record if it is him.

The good news is that we only have to wait a month to find out how accurate his calls are.

Either way, it takes a lot of guts to attach a specific time period to a call... this will either make or break him as a technical analyst.

Stay informed my friends.

-Doc

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will see...

Yep, in less than a month.

let's goooo! :)

I'm ready!

I hope you right

Posted using Partiko Android

I hope he's right as well.

Dam I hope he is right. Maybe it can drag Steem along with it.

That sure would be nice if it did.

📈

Mark it on your Calendar!

I don´t know who he is or who he was, but the prediction is not absurd, quite the opposite he is being very cautious.

As you said, this could be a very good prediction with time stamps to make his career a success, but the reality is that he is not taking any risks if we think about it.

We will see...

a lot of resistance going on, something is bound to happen.

Yep, it's just about decision time for ol bitcoin.

I wish this will be so but the $6k line wil be tough to breakthrough so easily, then $10k. Not sure if we will get past those two until the next halvening occurs.

Posted using Partiko iOS

I agree. Both are going to be very tough. That $6k number should have a ton of overhead resistance.