1000, 2000, 3000, 5000, 8000, 13000, 21000 ...
Bitcoin seems to move exponentially, but I think it is following a succession of fibonacci whose graph is similar in terms of growth. The numbers like 1000, 2000, 3000, 5000, seem to be more important than 4000 and 6000 because they are part of the succession and reflect part of our nature. That's why I believe that the psychological barrier of 6000 will not be a...
We have a high probability of a reversal here given the mining reward halved on ETH -> less supply could spark some upside
I think we must think with ETHUSD not ETHBTC. Because ethereum is not an altcoin. Hard Fork will determination ETHUSD price. I hope ethereum will be 1100 dollar in 15 days. My 1 November Target is 1100 dollar. Decide for yourself. Good Luck.
After a prolonged period of accumulation and consolidation ETH remained in the shadows until a few days ago that showed the claws. With a near hard fork, the expectations are great and it shows in the development of the price. More accurate HF data: The Ethereum network will be undergoing a planned hard fork at block number 4.37mil (4,370,000), which will likely...
If we break 5700 and 5800 it would be a bullish confirmation (7500 - 8000 target in log scale). If we go down and break 5500 and 5400 we could see a bearish situation (target: 5000). Remember that this analysis is in the short term and those movements must be strong in order to make any trade. I think the hardfork is still acting positively on the bitcoin price.
I'd feel a lot happy about bitcoin after Dec 1st or at least Nov 1st according to fib timezone. I will be watching bitcoin gold for a pump, btc for a dump with altcoins seeing most of the action.
Bitcoin finally broke through and instead of creating a double top. I think now we will see another bull run for Bitcoin with a few pullbacks but I doubt it will hold it back. Like I said in my last post when I was Neutral waiting to see if It was going to create a lower high or would go for the moon. Seems it took the moon path and will continue to push forth,...
It is my humble opinion but I am quite convinced of it: The BTC is not going to stop until the HARD FORK (10/25/2017) If there were any retracement would be to enter levels of overbought or some type of attack that we are already accustomed. It has strong resistances listed on the chart. After breaking the rising wedge and the inverse head and shoulders, he...
I think we are going sideways (healthy consolidation), if we break 4850 and 4900 it would be a bullish confirmation. If we go down and break 4750 and 4700 we could see a bearish situation. Remember that this analysis is in the short term and those movements must be strong in order to make any trade. Personally I think the hardfork is already acting positively on...
Approaching the date of what would be a new fork of the master of the cryptocurrencies, the Bitcoin after changing clearly of tendency, is prepared for the bifurcation in the coming weeks. For now the strongest levels of resistance have been met, where it is ejected even by force and intention ends by breaking them and following the path I have marked. We will...
Next hard fork (Metropolis) is scheduled for ~4.3 millionth block (~september 22). Past HFs show a run up of varying magnitude into the HF event, followed by an immediate decline in price. Short term long followed by a great short opportunity.
POLONIEX:ETHBTC Hi all, I believe now is a good time to shift your attention towards Ethereum and perhaps even place a trade. You may have noticed that in all my ideas for longer time frames there is always 2 components that drive what position to take. The first is technical based and the second is fundamentally based. Starting off, we can see that the price...
BTC has continued to remain unfazed during all the major events since January 2017. The upward trend has shown resilience and remains poised to enter yet another hard fork with dignity.
But not today. According to my calculations, the last bitcoin will be produced in about 2023. By the time judging by the cyclical movement of the currency, the level of 7000 is quite possible! At the moment, the time of correction in the area of 500
If you look at Google Trends , you can see that bitcoin is popular in countries such as Bolivia and Nigeria. Also, you can see a decline in interest, which coincides with the divergence of price and volume.
BCHUSD Update: Lower highs and lower lows signal further weakness. This market has no bullish structure in place at the moment and no support levels to speak of. In a situation like this I would look at purely psychological levels like 250 or 200 for any potential signs of reversal. I have not been reading up on the forums about what is going on fundamentally...