Today I saw the top of an unidentified object that formed something like a price chart and I understood it was showing price movements for Bitcoin. From the top left corner, it dropped down steep, then retraced part of the way back up and then down steep again to a lower bottom. It reminded me of the price chart I saw on July 22 and I think it was showing none of that has started yet, confirming what I was already thinking because the drop so far has not been as steep as what I saw. Also, the previous chart showed the drop was preceded by a brief period of sideways movement so that’s the pattern I’ve been watching for.
Later I saw $42,400 and $42,999, which would be slightly higher than the previous top. Seeing these makes me think the top is not in yet but we’ll see.
So far the current drop has failed to close any hourly candle below the $38,000 support level, which was highlighted by a cycles analyst I follow. So if it fails to get through there, a higher top becomes more likely.
Also during my prayer time on July 31, the date September 4 was shown to me. I looked it up and found it’s a Saturday, assuming it’s referring to this year. Since equities markets are closed on Saturday, I think it might be related to Bitcoin, perhaps showing a turn in the market. Another possibility is there could be some kind of event happening that day. There has been a recent increase in naval activity near the South China Sea. However, since the year was not revealed, it’s just something I’m watching.
Author: James Bailey
James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.