Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin newBitcoin (BTC/USD) Hits $57k, Ethereum (ETH/USD)...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
There is a resistance at this current price. Expecting a retracement before another run higher. Shorting bitcoin to target 66700.
BITSTAMP:BTCUSD The Bitcoin is entirely speculation? Fundamentals support the price of it? The Bitcoin is not entirely speculation, it is the price of the fundamentals. The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals. The green line is the Bitcoin factor in...
BITSTAMP:BTCUSD Can't you invest Bitcoin for it's price fluctuations too big ? I backtest the Bitcoin long-term strategy using historical data in 7 years, total return is 101, maximum drawdown is 35%, annualized sharpe ratio is 1.99. In the chart above, the yellow line is the net value of account, $10000 in the January 1, 2015, to 1.02 million dollars in November...
BITSTAMP:BTCUSD How much the Bitcoin fundamentals can explain the price of the Bitcoin ? My latest research shows that the new Bitcoin factor can explain 92% of the the logarithm of Bitcoin price. The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals. The green line...
BITSTAMP:BTCUSD Can't you invest Bitcoin for it's price fluctuations too big ? I backtest the Bitcoin long-term strategy using historical data in 10 years and new Bitcoin factor indicator, total return is 23K, maximum drawdown is 41%, annualized sharpe ratio is 3.27. In the chart above, the yellow line is the net value of account, $10000 on October 1, 2011, to...
Same pattern already like in first circle: Consolidation at resistance then drop to EMA25. Same Situation now
Now almost every second or third analysis will show you a huge red arrow pointing to random areas to the downside. Let's see what other options we have for BTCUSD. ☝️The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real...
BTC has been moving up only since January 22 but could slip into a consolidation before the next leg up. With the rate at which BTC is climbing after the ETF approval, coupled with strong fundamentals, investors should consider buying the dips before BTC hits R3
We are at a stage where it pays to be cautious. I've been involved in the crypto markets for 7 years and see consistent emotional patterns playing over and over again. This feels no different. We are not at the mania phase yet but a short term correction is deemed necessary.
BINANCE:BTCUSDT Based on latest S/R and Fib our next support levels will be $37k --> $30k --> $20k. The price action looked similar to June 14' correction so it will be interesting to see if history will repeat itself.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
on fibbonacci levels i see a dump maybe this happen on this level maybe on next level at orange area. i will try take this short
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
Educational Analysis says BITCOIN BTCUSD may go short selling for some time according to my technical. Broker - Bitstamp This is not an entry signal. I have no concerns with your profit and loss from this analysis. Because from past week bitcoin has just pumping up to collect Sell Stop hunt from retail traders. I think it's high time for bitcoin to go...
BINANCE:BTCUSD BTCUSD (D) Which option do you prefer? Presently, Bitcoin (BTC) exhibits two potential price trajectories: A continued descent towards the support zone around 38.xxx. The formation of an inverted head and shoulders pattern in the price. Which option do you prefer?
Here after 2 days rally up, I guess the price action is giving nice short opportunity. I would consider Risk/Reward as 3:1 with 2% risk of total capital. The given lines are weekly resistance and supports.