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Bitcoin-etf

Bitcoin ETF Rejected: Bearish Short Term Still Bullish Long TermJust sharing an inverse fractal idea for Bitcoin. Feel free to comment. Market Update: SEC rejected the Winklevoss Twins Bitcoin ETF earlier today. This makes BTC short term bearish, with downside targets from 780-880. However, we are still bullish on the larger timeframe, with possibility of SegWit activation if Core vs BU can settle their issues, Rootstock release scheduled for May 2017, and the viability of this technology to revolutionise countless industries is beginning to be understood by the early majority. In the meantime, let's enjoy the Altcoin party or sit tight in USD with bids in place. Trade safe and don't forget to take profits!
BITSTAMP:BTCUSD
by onemanatatime
1
GBTC: this Bitcoin ETF is in a strong uptrendI had published a long entry a while back, if you saw it, you should be in the money. If not in it and interested in trading this ETF with your account, you could join the trend here with a stop under the 63 handle. The reaction the the Satoshi Nakamoto reveal has been quite positive, surprisingly, despite him having 3m BTC he could sell at market (I think that is the amount he's rumoured to have). I expect uptrend continuation to be seen here, so, do jump in. See you 51.61% higher! If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year. Cheers, Ivan Labrie. Link to Tim West's chatroom: www.tradingview.com We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
GLong
by IvanLabrie
Engines refueld, Countdown begins! ... Hello Traders The past few weeks have been very bullish. We have bounced off of the long term uptrend line 3 times now, thus confirming an uptrend. RSI is looking very bullish too, resembling the market at the end of May prior to the massive push to $690 In terms of fundamental analysis well that couldn't be better! The silk road 2.0 auction of the DRP stash is just around the corner. Last time that happened it the price went up massively. There are further developments in with bitcoin on wall street and there is a super bowl proudly sponsored by Bitcoin on the 26th December which will show Bitcoin to millions watching and should capture new public interest in the currency! I'm expecting a massive push up to $527 which should bring us up to the 0.618 Fib retracement level from the last $690 high before being sold off again to the 430s which will again test that uptrend. After that a massive push upwards seems highly likely with all the great news surrounding the currency as well as further inroads into Bitcoin ETFs and wider acceptance amongst investors. Links: stpetersburgbowl.com www.investopedia.com arstechnica.com
BITSTAMP:BTCUSDLong
by Solarian