chewbaca11

chewbaca11

Not a good start for the weekly. Let's see if this paints a higher low.

chewbaca11

Patience is indeed a virtue. ETFs should make for a less bumpy ride than previous cycles.

chewbaca11

Let's hope for 40K in a couple of weeks. Trend is your friend.

chewbaca11 Updated 

What was a W is turning out to be a cup and handle. GBTC unlock was indeed a nothing burger

chewbaca11 Updated 

July 19 GBTC unlock a nothing burger large purchases made May and June 2021, more Latin American countries like Paraguay looking at buying BTC.

chewbaca11

downward channel, triangle breached, nice upward trendline, 20MA crossed and 50MA crossing 200MA...just when most predicting doom, we're headed for 40K

chewbaca11

Jan ATH 42K Feb ATH 58K Mar ATH 62K Apr ATH ??? Bitcoin didn't come this far just to come this far....

chewbaca11

finally broke and trending up

chewbaca11

trending up

chewbaca11

Remember where we were just last month, 42K was the high before crash, now we touched 50K before small pullback, will smash through 50K soon, lower lows switched to higher lows 50 still over 200 SMA, bullish...

chewbaca11

50 still over 200 SMA, 50K plus soon

chewbaca11

This beast does seem to behave inversely with BTC and ETH, but going long is a no brainer

chewbaca11

We should be headed back on track with the blue trendline

chewbaca11

New resistance and support

chewbaca11

Elon Musk pump got the 50 over 200 SMA, Microstrategy Bitcoin Conference was a success and keeping 50 over 200 SMA

chewbaca11

Out of the triangle and further into the channels

chewbaca11 Updated 

triangles channels and fibs