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Bitcoin (BTC) is the first decentralized digital currency, created in 2009. It was invented by Satoshi Nakamoto based upon open source software and allows users to make peer-to-peer transactions via the Internet that are recorded in a decentralized, public ledger. Bitcoin has the largest market capitalization by far of all cryptocurrencies, 19 times larger than the runner up Ethereum. The number of units is capped at 21 million, 16 million of which are available. The cap ensures that inflation won't decrease their value.

When users allocate computer processing power towards the mining of Bitcoins, they are rewarded with transaction fees and newly created coins. Units can be bought or sold against other cryptocurrencies or against fiat currencies like the USD or the EUR at many exchanges, which operate like physical currency exchanges. Units can also be saved or obtained in exchange for goods or services. TradingView, for example, accepts Bitcoin for annual plan payments, as one of many companies that allow their online products or services to be bought with Bitcoin.
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BTC/USD - Live Update

Following on from the last analysis - Bitcoin continues to stay at the horizontal support zone as per our last analysis. Now, price is deep within the support zone and a decision must be made whether to buy within the lows of the support zone, or hold out, and find a lower buy and not miss the boat by waiting for the side-wards support line before the upside. If ...

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Bitcoin making another attempt for inverse H&S, nr 5 now :)

Bitcoin has made maybe 5 attempts to make that inverse H&S around the 6500 neckline, but they have all failed so far. This time it got rejected again at 6500, but with all the action going on yesterday, don't think it will fail this time (read my last few updates of the previous analysis, with a big whale buying big amounts of Bitcoin around 6250/6300). Unless a ...

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BTCUSD: Failed Low Plus Key Support Spells Short Squeeze.

BTCUSD: Price breaks the 6K psychological support only to close back above. This type of price action spells one thing: squeeze. The failed low formation off of this major support is a telling sign especially in an environment where sentiment is heavily bearish. Many do not realize that while the alts were selling off, this market refused to push the 5750 low. If ...

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BITCOIN - Waiting For a Breakout From Consolidation Area!

Hello followers and other TradingView users! We have tried to predict the short-term movements now over the week in this price area - some were good some were bad because between the two round number $6000 and $6500 those movements is almost random pumps and dumps! The price has been in this area now almost a week, almost a week we have seen those pumps and dumps ...

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Bitcoin looks interesting, will it break the (E) zone? https://www.tradingview.com/x/OZXHvjzB/

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No change from our point of view, as we said in the previous analysis (see chart below), the completion of wave (5) should trigger some corrective structure, we will see ... If you think this analysis can be useful and you want to receive new updates about this idea, leave a your comment or your LIKE! Thank you for support and trade with care! LAST ...

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BTCUSD, 720 Long

Bitcoin Trade Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.

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BTC Bulls Making a Move

Things are getting INTERESTING, mostly due to the continual increasing shorts. They are opening the door to get squeezed and bulls can see this clearly. We still do have 4 hour lower highs and in order to see a squeeze we are going to need to see a 4300-500 move in 1 hour. Bulls still must remain protective trading counter trend, and this 4 hour consolidation ...

bibboyne bibboyne BTCUSDT, 240, Long ,
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BTCUSDT, 240 Long
BTCUSD - Double Bottom & Near Term Perspective

Good day, fellow traders! Bitcoin has formed a Double Bottom Reversal following a violent selloff that drove price down to 5755 on Poloniex yesterday. At present, price is trading above 6200 and moving upward at a steady pace. In the 4-hour chart, bearish pressure continues to push the 100 EMA further down from the 200 EMA that is also declining. This ...

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Bitcoin bulls pushing back, time to breath a little bit

I had a plan in mind since we broke the support and that was waiting for a big bullish wedge to form around the low, but i was waiting for another move down first to give more shape to this wedge, but it's starting to look like the bulls pushed it out of the wedge already. There is small bull flag in the making now, bulls are slowly loosing a bit of the buy ...

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Bitcoin - One Chart to Rule them All

Final chart for 2018, scalp the top buy the bottom, use stoploss for shorting above and longing below. Enjoy, relax and sit back, this is a time to learn/reflect and invest in personal development. Trading larger timeframes while the trend becomes slow is adviced, look for those major resistance lines to open a trade and have enough confidence by indicator ...

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Bitcoin: Longs vs. Short Analysis

Bearish Sentiment as derived from Bitfinex long and short position data in the Bitcoin market has rapidly advanced in the past week two weeks, with Short positions at the exchange doubling from 17k short to 34k in the price decline from $7,500 to $5,900, showing no immediate sign of slowing. At the same time, long positions have decreased to lows of 26k, meaning ...

AryanRehaan AryanRehaan BTCUSD, 1D, Short ,
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BTCUSD, 1D Short
Here is my complete analysis. Take from the history of btc 2014.

History doesn't repeat itself but it Rhymes. How long do you think the manipulators can keep protecting 6k ? Or How long do you think 6k will keep holding ? Here i present 2 scenarios. Pick your poison. See you on the other side. Adios.

BTCUSD: Broadening Wedge | 5500 target | 200 MA
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Broadening Wedge | 5500 target | 200 MA

Hello TView! Thanks for watching my analysis and getting me up as a top 10 author on my video yesterday. I hope to keep delivering unbiased and honest analysis to y'all. As always, I hope you enjoy my analysis and the work that I do. Cheers and give me a thumbs up or a comment if you like my work :) -Cryptosomniac

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Potential SHORT SQUEEZE coming in Bitcoin

Hey guys, saw something and thought I'd draw your attention to it Watch out for this if you are short. I would not recommend being short right now. We are approaching all time high shorts and we are in oversold conditions and the sentiment is very bearish. It is very possible that a short squeeze could be coming and a large one too. If you are short, make sure ...

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BTCUSD: upwards correction and longs vs. shorts

Price continue to climb, but what is weird that while usually the number of shorts becomes lower in that case (also because of the price move wipes them out), while the number of longs grows. Now it is almost opposite! Either we do not know some crucial news, or people do not believe in a reversal. A great time to push the price even higher.

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Bitcoin Struggling to Break Higher

The bitcoin downtrend still remains valid as price continues to produce lower lows and lower highs. Since 25th of July, BTC has lost over 30% to the US Dollar, while price moved from the $8500 down to the recent low at $5850 area. At the same time strong resistance has been formed at $6500, which is confirmed by the 361.8% Fibs applied to the corrective wave up ...

juntocoin juntocoin BTCUSD, 1D, Short ,
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BTCUSD, 1D Short
Bitcoin Classic Bear Flag Forming

This consolidation could be the catalyst that pushes Bitcoin over the cliff and into the deep volume well, which shows no support until 4200. There is no hope for Bitcoin until it crashes.

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