BITSTAMP:BTCUSD   Bitcoin / Dollar
Self explanatory.

Bitcoin broke back up today.... I just took another look at the weekly chart.
This time it could absolutely test all time highs of $1000? very likely, just watch for the break of $800... (otherwise, double top )

Aligns well with USD, almost breaking up of triple top with a possible 20~30% rally ahead, which will cause massive massive yuan devaluation
snapshot

USDCNY             vs BTCUSD:
snapshot

India? Currency ban: http://www.zerohedge.com/news/2016-11-10/gold-price-skyrockets-india-after-currency-ban


unprecedented times...
tantra12
3 months ago
I'm just recently getting into Bitcoin- bought an S9 and mining for about 2 months now to teach my 9 year old and also recently started purchasing extra bitcoin on the side. I know a lot of people are going long but at which point do you take profits etc?
Reply
LastBattle tantra12
3 months ago
@tantra12,
I've just been holding bitcoin since low 300s, without leverage..
Not too sure when to sell either, the bigger context is that Bitcoin is just a 11 billion market cap currency. There's a lot of room to rally if countries like India messes up their monetary system, or even the massive yuan outflow as a result of devaluation.

Maybe 1000s? depends if I see a weekly topping pattern such as double top. Not going to trade it from day to day.
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 Account and Billing Sign Out