We have triangle. We can break resistance line and go to 6150 area but its no intresting. Rally need continue. I Looking for down. My positin opened just when it break blue line.
I think until November 1, we will see a maximum on bitcoin
BTC Playing the same moves as it did before. Maybe we should have another round for BTC pumps soon. Even though I want to say bearish, idk. Only time will tell. Oct 25th is also a significant day as it's the Bitcoin Gold fork.
OK GUYS, GALS AND PALS. BITCOIN PROBABLY MAY MAKE SOME NEW HIGH BUT VERY LIMITED AS THE RED RESISTANCE LINE IS IN PLAY. BUT ALSO HAS SOME GOOD UPSIDE POTENTIAL. PROBABLY IN A ZONE TO BUY FOR SHORT TEMR HOLD AND SELL IT DEPENDING ON SITUATION PROBABLY LAT OF THIS YEAR OR EALY NEXT YEAR AND GO FOR SHORT SIDE ONCE THEY BREAK THE 1ST GREEN SUPPORT LINE AND SHOWS...
Hello everyone! This is my first chart, so I hope you like it. There might have been other people that have already seen this, but I would like to give my view on this.
If someone takes a look on the last 1 year, he will notice that the bitcoin price followed a similar pattern to the one that gold had, with delay of 20-30days.
Also, in 2014 for about 215 days,...
The relationship bitcoin-gold is not exactly inverse, however, and there are times when both gold and the price of bitcoin rise or fall simultaneously. This charts summarizes the historic bitcoin correlation against gold price. In a nut shell it provides an logarithmic bitcoin price perspective to a gold static correlation value. Read more www.bitcoinprice.mobi
