Bitcoin BTC - Live Stream March 15 Technical Analysis - A Channel Inside A Channel. Broke Fast.Targets?

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·@philakonesteemit·
0.000 HBD
Bitcoin BTC - Live Stream March 15 Technical Analysis - A Channel Inside A Channel. Broke Fast.Targets?
<center>![](https://steemitimages.com/DQmb8Nr2NDsB7FLXp75ACVqQsf8QmQURC7g8yTijNM4yiAT/image.png)</center>
https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk.gif

<center><h3>General Tone:
A possible bullish scenario to $8,400-$8,600 is on the table
IF AND ONLY IF we break above $8,400.
Though my bear scenario is full-on play.
A Break below $7,930, will signal bears to step in
with target support range near $7,250. 
$7,250 is significant for 3 reasons
1) Trend line support extending from far past
2) 0.786 fib retracement of Waves 1-5
3) 0.786 fib extension of subwaves 1-2
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Bearish
Long Term Target Prediction - Primary Wave 3, $35,000+ by 2019</h3></center>

https://youtu.be/cuyloEOEmoU

I mentioned in previous tweets, in youtube, and on steemit that this scenario needed to break $8,400 to be bullish.
![](https://steemitimages.com/DQmSLb9C8LCWtrc4A2Tc5JL1pam1E5vVJBfVZVih8j8H3T5/image.png)
We were also inside a small channel, within the large channel.
![](https://steemitimages.com/DQmXPtuujDUCJLs4UYtJ3js6qippTJvj2wvXeRcjoYmPgeH/image.png)
![](https://steemitimages.com/DQmPUZbnwfFG7Ux18pYamz23E82h1fCEkkkhCfGnnBhu28f/image.png)
![](https://steemitimages.com/DQmeeiuSPdqaoHrvg8Sw2RUXcQKZayWFcN6EUw5kWFQuuwC/image.png)
![](https://steemitimages.com/DQmPQesFr4fBmzGSnVzc2tBpsRvuiNhr2HVXU1rGBnRExLR/image.png)

Though during my live stream, we saw the bullish possible outcome completely vanish, and saw a massive dump of $400 in the span of 30 minutes.
![](https://steemitimages.com/DQmbjSh1nxRffEhQztQN3oALxTDgpingRghik8vnrkYwJ42/image.png)


My target stands firm @ $7,250
![](https://steemitimages.com/DQmSVgt57MJHrnYz6Aqx4mo8AHQ8eDmHy3g8vUYKKYR4WwR/image.png)
![](https://steemitimages.com/DQmQTfyxfTCRsUydHyVDo8N21D3fp1Kd2k3zWcSuz8RRMwp/image.png)

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