Bitcoin Price Action 2/24/2018 - What will happen the rest of the year?

in bitcoin •  7 years ago 

alright here's what i'm looking at for $BTCUSD. the next week will dictate what happens the rest of the year. i'll be showing august 2011, july 2013, march 2014, and feb 2018 on daily chart (with annotations). $BTC #BTC #bitcoin

August 2011:
August 2011 daily chart.JPG

July 2013:
July 2013 daily chart.JPG

March 2014:
March 2014 daily chart.JPG

February 2018:
February 2018 daily chart.JPG

bottom line:

  1. if price breaks downtrend channel and rises above the 50 dma BUY DAT SHIT.

OR

  1. if price breaks below 20 dma and 200 dma BTFD AT $4400-5000 and WAIT.
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