BernhardAnalytics
Short

a crazy idea, but it might happen

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
194 3 4
a crazy idea, but it might happen
GaliX
a year ago
It's completely not crazy... Bitcoin is purely driven by speculation, there is almost no demand for it still and it doesn't look like it will change any time soon.
Reply
mazer_rackham
a year ago
what do you think the economics are of more monetary stimulus of the EUR and JPY are on the BTC and USD? Won't it make the latter two stronger? How will a tightening USD and easing of the EUR and JPY affect the BTC?
Reply
mazer_rackham mazer_rackham
a year ago
It seems to me the BTC has finally cleared the long wedge, and has now turned bullish (although a push back down to 260 to 250 in terms of BTC/USD (and as you are showing in your chart on the yuan as well) is probably likely in the short run). Once this short term bearish price action completes it seems to be a very bullish setup for the BTC long-term.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out