Bitcoin Cash has broken the major historical downtrend line convincingly and has come to its first major resistance point, $400. It looks like we're forming a classic cup and handle pattern which is often characterized by some price discovery, taking profits, selling off, before breaking upwards, retesting resistance, and breaking out. All of this is pretty...
I was going to post a chart earlier today and trade on BTGUSD then I realized that neither of my crypto trading exchanges offers any trading on this coin yet... Is anyone out there trading this coin? Anyway looks to me like some kind of bottom is in but it's very speculative at this point in time so I'm just going to watch and wait until my coins show up in my...
The Bitcoin Core chain stands at the end of time. Why does it stand at the end of time? There is a lot of politics around this issue, and I don't care to argue about them. You do your own research. Where you put your money is your business. In the end, whether Core remains the champion, or Core dies as Bitcoin Cash or Segwit2x become the incumbent, where you put...
I won't give much preamble about Bitcoin Cash. You can make your own decision about which side to stand on with the information that is available to you. That being said, as a trader, you should pay attention to price action first, fundamentals second, and politics and rumors literally not even at all. The reality is, Bitcoin Gold is a scam: twitter.com The...
We are a few days a way from the fork. Expect many coins to start picking up steam. It is good to be in before the herd is. My current favorite ones to be in right now is Omisego, Substratum, XRP, and Neo. There are no particular order. However, I am excited to see where Omisego will be going as it has been the only one that been on a downtrend with no uptrend...
Here were looking at the macro 2017 bitcoin trend on a 3D chart...What a year!! Definitely getting close to the euphoria phase, and with Bitcoin Gold fork upon us there is a possibility for a dump as most retail investors will be out of touch with the hard fork news (aka new money with weak hands). For 2016 we've seen ~2 month rallies before retracements on this...
BTC has been on an amazing trend upwards this year. We entered the year with a price between 1k and 2k USD. Now, we are looking at an alltime high of more than 6000 USD - this is crazy. BTC is ready for a pullback - markets tend to pull back after such enormous growths - and BTC is not exempt from that. As we can see, I highlighted the old alltime highs of...
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