Hey guys I know I've been silent, especially during the most intense times of bitcoin in the past few weeks, I had personal matters to attend do, and plus I never had plans to FOMO into a parabolic trend anyway.
Looks can fool you, the parabolic trend looks like money, but its not. Sometimes the best trade to make is no trade, standing aside and observing is very...
We are currently seeing the third bounce in 2018 from the 5-6k levels.
I expect the current rally to make a lower high compared to March, which was itself a lower high compared to May
Maybe we go down after trying to reach the 200 dailyMA a second time around 8100.
On a pure technical point of view, the chart is totally bearish:
1. we have lower highs and lower...
Given the structure of the ETHBTC pair I am BULLISH
Ethereum is the BASE
Bitcoin is the Quote
When price of Ethereum gains MORE Market Cap and diverges away from Bitcoins dominance, we will see this chart move UP
We can see consolidation / accumulation phases as if this was any other tradeable pair
Whether you trade on Leveraged accounts with Margin or...
...due to the fundamentals on US & SYRIA pointing out investors might highly consider moving their interest on the US economy and investing in gold and bitcoin instead. these two pairs might be a save haven for investors as they are biggest contenders against the dollar?
On the chart is compared the period before the spike to the upside reaching all time high from Nov 24 - Nov 28 2017, example for stable volume of trades, and Mar 18 - Mar 21 2018 where we see declining volume as the price goes up. This shows us at the moment investors interest in buying is very low above 9000, and my indicate that Bitcoin is prepared to dip once...
BITCOIN DROP SUMMARY FOR: TUESDAY JAN 30th, 2018
Overall, bitcoin has suffered a 50 percent drop in market dominance since November of 2017… Currently, market share for Bitcoin as of this post is exactly 33.8 percent, having not too long ago been at over 60 percent. So is this digital gold diminishing as a store of value, and potentially being replaced by market...
it seems that this is part of a certain big game that wants to set the price with fundamentals which launch some of news to break Bitcoin in their ways
im looking for some of fundamental news
in spite of the speculators' price corrections and here the data
When Hitting $1000 and Down roundly -35%
January 2017 = China Goverment launch some big News...