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deniztarabya
Jun 25, 2017 12:01 PM

My 10sec hand-drawing is better than your tech. analysis Short

Bitcoin / U.S. dollarBitstamp

Description

That's the idea. Levels may change, at the end of the day this is only a 10sec hand drawing chart.

Order cancelled

This call was way too early. But the bubble formation is now confirmed.

Trade closed manually

Comments
JuanKraken
This leaves bitcoin at 1200 in mid 2019. About a year from the next halving. I don't believe it will go so low ever again.... however if it does. I will sell everything I own to buy in.
deniztarabya
@JuanKraken, yes, you are right. This is exactly what people said in dec 2013 pointing the halving in 2016 :) Lets see
mozartc
Analyze it perfectly, leave as long as you can. Will go to 1500 or 1600.
deniztarabya
@mozartc, what you are saying is not clear, except the buy levels
mozartc
@deniztarabya, Bitcoin is a currency, and as such, influenced by the market, by politics, by speculation. I read many analyzes and there are some that quoted the existence of a large volume of sale in the area of 3,000 dollars, I make it clear that as everything is a speculation, so that there would not occur a rapid decline in the value of the currency, would require a large volume coming from Down, which has not happened for some time. At 48 hours have been withdrawn from the market bitcoin 5 billion dollars, "coincap.io/", many believe that something is yet to happen. If it really reaches 1500, 1600 or 1700, the volume of purchase would be gigantic, there I believe in a new ralli for new records
deniztarabya
@mozartc, This is a long-term chart, 48h period is not even visible here; yet, decreasing marketcap does not necessarily mean withdrawal. Good luck.
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