฿ Bitcoin BTC/USD Daily Video, August 15, 2019

[Sive Morten]

Good morning,

BTC shows downside acceleration and only daily oversold was able to hold the price. This is negative sign for bulls and now survival of 9K lows stands under question:





The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[ED SCHAFFER]

I agree completely with you Sive that $7,500 is indeed the next target for BTC. Once achieved however, then it will be "Katie bar the door" time & hence time to "load the truck" with BTC as all hell will break out as the BULLS will return in mass to their former BTC stomping ground! Just watch & be ready as BTC then soars like the eagles to new all time highs well over $20 K as the DXY CRASHES! The Yankee Fake Economic House of Cards will then collapse as people worldwide repudiate the greenback as "the world's reserve currency" & turn to Crypto instead.