SignalSwiss
Long

[BTCUSD] BUY WAVE (V)?

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Technical Analysis on daily time frame... You will find our updates on intraday chart below.

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Comment: As the price of bitcoin has increased closer to $12,000 from early-February lows, associated transaction fees have gotten smaller, according to Credit Suisse. It's a reversal of the trend seen in the last half of 2017, when transaction fees shot up as bitcoin increased in price.

"While this is only a two-week retracement, and continued price appreciation could still cause an increase in fees, this early indication is somewhat contrary to what we would have expected given past trends," Credit Suisse wrote.
Comment: Good morning Traders,
this was our last published idea (on TradingView) about bitcoin. Thanks to the Traders who supported our bitcoin ideas.
(Instead we will continue to follow crypto currencies in our blog)

Have a nice weekend!!!
Comment:
Comment: BUY WAVE (V)? ...at the moment, no!
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We've just bounced from ~3.1k and it's so interesting to read the comments section!
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U think we going to (V) level with out any big bounces?
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you can only buy at current price
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king of crypto.
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Bitcoin for day traders using smaller and more reliable nearer term signals
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Wow.. $3k ! Not out of the cards

Let's see how it plays out. With all the recent developments this could happen
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Any update? Thanks
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SignalSwiss can you please respond to my comments? Especially the one about price approaching mining cost?
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I love Elliot Waves and Fibs. They are very powerful combination. And now I see your post... i would love to learn from you.
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How can the price drop to 3k when a bitcoin costs about 3k to mine? No way the whales will let it drop that low.
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