As we already know the Bitcoin's uptrend is having it's corrections on Wednesday or Sunday. So it's around the middle of the week or the end/start of the week. This is an educational post that shows the possible correction happening in this timeframe, working it's way through the Fibo Fan and Retracement and might find the support for the next impulse at around...
This is how the fibo fan and fibo retracement looks like in the crypto market on BTCUSD
BTCUSD and the 1st of August that everyone is waiting for can make a big move up if the flag pattern is confirmed. BITFINEX:BTCUSD
POLONIEX:ETHBTC Is at a divergence's roundabout. What u see on chart is: *Fibo retracement and the 61.8 big support] *Fibo fan on uptrend - the price is already out of the fan zone] *Fibo fan on the downtrend (this summer's drops for eth from above 300usd to the price right now)] *RSI with 45 and 55 levels for entering the trades and exit...
BTC is going to be there on UK elections next week, all over the summer and on GE elections and so on. The new "Crypto Safe Heaven" is more and more like money in the human perception and it's performance is remarkable!
I think we are going to see a weak us dollar if Trump lifts the sanctions for Russia and the oil hits a higher price. Is this 2017? Could this be the Trump Turn?
The BITCOIN went bullish like crazy But now it's time to be careful, all you bulls out there! Some correction may happen, if we judge the bitcoin price as the normal/usual currency price that we trade so often. Even though it's a crypto and some rules may be different for this instrument, the fact that Donald Trump got elected set a pivot point for the day DT...