Mt. Gox appears to have started repaying some creditors after the defunct bitcoin exchange’s trustee said last month that it would repay creditors in cash shortly. In a Reddit thread, several users — who appeared to be creditors of the defunct bitcoin exchange — said that they received their Mt. Gox payments through PayPal today. “I just got paid,” one user...
Two scenarious to look out for... if the bulls take the horn we would see a recovery to test the 200 days moving average at around 23.3k. otherwise a breakdown would cost us another long wick down to 21.6k 🚨IMP Event to Watch in March 📈 - US CPI release on March 14th - FOMC meeting on March 22nd In the picture is also the Mt. Gox event. The distribution of...
Binance recently announced that they will not be going forward with FTX's bailout - so the future of the company and its holders still hangs in the balance. (The FTT token has been removed from this site since, but last I checked it was down 95%+.) Is this the "end of crypto"? Well, not quite - MATIC, ATOM, DOGE, ETH, LINK are still in up in the last 6 months,...
This is the huge event for Bitcoin and other cryptos but mostly this is the big day for bitcoin. MtGox is going to release 137,000 that’s worth over 3 billion of bitcoin. It’s going to take months to process and complete it, the big dump should be expecting soon while correcting the drop. It’s going to be pretty volatile but becareful. More events are coming...
Bitcoin Q4 2022 outlook: a potential 2019 fractal in play. The 61.8% fib from the December 2017 prior all-time-high to December 2018 low is where Bitcoin peaked by summer 2019: $13.9k. A potential play here is a similar rally to the 61.8% fib, from the current all-time-high of $69k to $17.6k, standing around the $50k psychological level.
Bitcoin needs to break through the resistance it seems to be following. There’s a chance it could go sideways until October 10th while some accumulation happens . September up and downs between 19500 and 20300 are likely It MUST have strength to smash through or it’s more downtrend
🎲 #ETHPERP #SHORT #SCALP 🎲 Price is consolidating nicely underneath a key resistance - some big FUD circulating about Mt.Gox (could be true could be false) although given the weakness of the market further down side is highly expected. ETH simply shows more potential gains than BTC rn with a very good risk reward
Right now price action is currently testing the neck line of a head and shoulders pattern that, if validated, could wipe 250 billion off the total crypto market cap. We can see its been stiffly rejected recently by the 1 day 50ma…in order to avoid validating the h&s pattern, it is crucial to flip this 1 day 50ma back to solidified support. There is a lot of...
Strong Rejection from the Upper Resistance trendline Reconfirms DEscending Downtrend of Bitcoi/usdt. Projected Support Intersection at 7,500. Fundamental conditions are the root causes of the continuing bitcoin plunge 1 FED Rate Hikes cause strong Risk aversion of Institutionals and Investors, and rotation into Dollar Cash. 2 Continuing wave of BAnkrupcies of...
If TSLA Tesla sold $936 Million worth of BTC Bitcoin in Q2 (75% of its holdings) and the price dumped from $47300 to $17600 in that timeframe, the release of around $3 Billion from Mt. Gox to creditors in august, people who bought Bitcoin for less than $500 7 years ago, what price will determine? Looking forward to read your opinion about it!
A quick look at the formation of a pennant combined with zones defined through fibonacci channels
Here we have BTC again, this time we are looking at her over the last 3 months. Listening to Bull Trap while smoking an e-ciggy. As you may know she twisted her ankle while climbing just before the New Year, and she has been waiting for new (EMA 200) parts since then, so no climbing for a while said the mechanic, wait for the parts arrive. The problem is, the...
Set your orders at the green box, sell at the red box, easy profits! Sl: 0.38 TP: 0.80-1.10
After MtGox crash ended another wave of BTC rising. With the advent of tether (USDT), bitfinex became the new flagship of the crypto market. Bitfinex became like the FED in crypto. They printed exactly as many USDTs as they wanted not provided with absolutely nothing. Thanks to complete lack of control tether has become the main engine of price movement to 20k in...
Numerology is an occult with a dump of BTC 2013-2015. On the schedule of the day. Each period has a certain occult number of days. Day to day. Time slices in price history with non-random numbers 911,700,216 (666), 77.40. In each period, the figure laid down, which corresponds to the semantic movement of prices. "Whales" market occultists? Or it seems that the...
I see, it exists alredy some changes of the behavior of google trends vs. bitcoin price ... 1.) The price falled in November 2018 AND the people wanted to know - Why? 2.) If the interesting falling (google trends lowers), some (big) investors trying to buy a big chunk - it results in a slowly (!!!) deflation... ((they don't want a hype!!! They are clever... They...
This is a scenario I can see happening with bitcoin throughout the year. Bullish momentum coming out of the symmetrical triangle, followed by a failed A&E double bottom. Then real capitulation coinciding with Mt.Gox reimbursements.
As usual no one can predict the exact time BTC is going to make a move (up or down) and if everyone keeps saying we're going to fall down a boring sideways action occurs that lasts until people start to wonder if maybe we have already hit the bottom. Newsflash: we didn't. What we're looking at right now is just another boring descending triangle that is about...