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The official 2019 bitcoin $50k thread


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#1 AChartist

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Posted 19 May 2019 - 05:56 PM

I have a technical argument for $50k, will explain later with some confirmations, have saved the image with time stamp

for later reference. Not saying when and the longer it takes the lower the number may only

turn out be say, 45k.

 

The point that the technical level is found reminds me that clif once said, from 50k would be a 10k down day to 40k.

 

The $100k idea may be early next year.

 

Perhaps can see 11k by next week I will be running out of time in the parabolic cycle projection soon in a week or so, will show the cycle chart here

soon. I suspect that 10k breakout will not correct right away but instead can be the public coming in late with a alt coin and token rally. In the past

btc right translated the cycle high so all I can do is get to that theoretically cycle time and after translations require other trend line break reaction methods.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#2 AChartist

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Posted 19 May 2019 - 07:46 PM

It should be up for 10+ weeks, there is the looming low cycle 452 weeks.

The 2nd high is 38 weeks away.

BTC%20051919_zpstbt434hf.png

 

https://i1129.photob...zpstbt434hf.png


Edited by AChartist, 19 May 2019 - 07:48 PM.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#3 dharma

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Posted 21 May 2019 - 10:01 AM

chartist while i am very bullish on btc, at this point the rally is only 3 waves. sure we can correct , make a wave 4if it stays above 5350, and then impulse to new highs for wave 5.if that occurs then your #s may prove conservative.    for me the market must show me an impulse 

thanks for your updates

dharma

by the way amazon accepts btc as payment!  so basic necessities can be bought for btc! that is impressive


Edited by dharma, 21 May 2019 - 10:04 AM.


#4 AChartist

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Posted 24 May 2019 - 07:46 AM

I believe it was ATT just accepted btc too.

 

Here's the new week, the low cycle has recalculated to 455 showing bottomed in, this is always an unknown risk whether it really has or not until there is a

new thrust confirmation.

 

Otherwise high in about 10 weeks, we place our bets and take what we get. I am generally committed but also mentally prepared if it doesnt work right away.

The E wave looks early enough. The last high could just be a 3 of 3 of 1.

 

If something like this did work the market would most likely extend the cycles and right translate.

 

 

https://i1129.photob...zpsuvtfdccc.pngBTC%20W%200524_zpsuvtfdccc.png


Edited by AChartist, 24 May 2019 - 07:50 AM.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#5 AChartist

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Posted 24 May 2019 - 08:07 AM

there is alot of talk about getting out of exchanges, I have been working on that using exodus and atomic wallets,

I have a ledger nano formatted but never used yet and need to do so. I have some 401k rollover amount coming and

hope for a little time before this gets away, small amount I should have done more but we should expect a correction after

next high looks to complete some wave degree even if smaller degree. I probably wont have time to spend that until after

next high. Actually I expect to sell some in next high maybe just to relax and think about it for a short time get some seed money out.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#6 AChartist

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Posted 24 May 2019 - 08:32 AM

actually we may see it one cycle there, the 107 flat in week 3 and 4, maybe the correction

after the next wave degree high say in two weeks. Be loaded by week 4, Jun 17 week could launch the

mother of w3's


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#7 AChartist

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Posted 24 May 2019 - 06:44 PM

Trade Genius on LTC halving. 

 


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#8 AChartist

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Posted 27 May 2019 - 09:54 AM

LTC has a line at 135 that will be a big event to recover I think target for this move will be 180 area.

 

remember a weekly high in 1 or 2 weeks a pullback/correction at about 4 weeks out Jun 17 week, this

btc high in 1-2 weeks would be likely anyway if numbers like 10k btc and 180 ltc were hit by then,

if one can do it well and I dont usually attempt that dont attempt to sell any at all ever, but I could sell

a little right the next crypto high should be productive place to buy some gold. I'll see if I can that yet directly

online maybe with GoldMoney account or their new organization that has absorbed the goldmoney firm that I havent

transitioned yet.

 

.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#9 AChartist

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Posted 27 May 2019 - 09:58 AM

clif is not doing alot more because global communist centralized tech censorship is little real data now

from everyone self censoring dialog, and the likes of google AI robots publishing communist propoganda autonomously.

but did send a note to others that timeline to 100k btc has been triggered by event markers.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#10 AChartist

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Posted 01 June 2019 - 08:57 AM

No changes in cycle now 9 weeks out high,

 

there is a 6 week low in two weeks it was a crash wave in down cycles and thrust weeks in bull cycle even though it is much smaller

magnitude than these up cycles has repeated. It can be anything such as regulators requiring exchanges to produce keys.

 

from chart lines might see 7600 btc in June 16 week, unlikely to get a 3 min wick but something to watch for.

This is my target time to add a little moneys that I took from 401krap

 

I will see if daily linear says anything

 

here is a new one from 4 year cycle guy.

 


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan