Lots of bulls still, but to me this triangle says it all. I don't think we're going higher, although at this point anything anyone says is just speculation. Moon has been delayed for next year at least in my opinion though. If you take the supports and resistances somehow everything melts down at the end of 2017, around December 30th - December 31st, right around...
You can all thank me later... As soon as 20 blocks are mined, and people's deposits credit at Via BTC and other exchanges allow deposits this house of cards will melt down...at the same time boosting BTC. Please sell all for BTC now.
Bitcoin is very close to start trending up again, as I expected originally...a correction until August 1st. I specially like all the negativity and manipulation that forced people out of their positions, into altcoins as a hedge, in cash on the sidelines. Many wanted to buy back on dips after the surge off the lows after Bitmain started supporting Segwit in all...
Ive had the luxury of being away on vacation and having had time to think about this and concluded that this is hugely complex in its analysis. This analysis is with reference to my very long term trend analysis tagged. I will state that im not a coder or BC expert but have a thorough understanding of economics so please excuse any BC misunderstanding in the...
Uh this isnt an analasys or anything its just a yolo idea.
The chart speaks for itself. Make sure to have your funds in a safe place BEFORE 1st of August, under no circumstances leave them on exchange (unless you dont mind losing them). Unfortunately, I am not able to predict what will happen after the critical first day of August as the situation is highly complex. One thing is for sure, fear and uncertainty will be...
I think we are seeing a massive sentiment extreme here, indicating a short term bottom in cryptocurrencies accross the board. We needed to see sentiment turn from extremely positive to extremely negative, to generate a new buy signal to resume the trend, so this is expected and good for longs. I'm watching here to add to $BTC longs, since I only hold 10% I entered...
I have been trying to catch the break out for the last few days with a tight stop loss just in case it goes the other way which is also very possible. The pull back from all time highs hasn't been strong enough to suggest a reversal in trend so I believe this to be a continuation pattern. I will be waiting for break out confirmation before I get in again though....
It's starting to look like the plot of a movie. Half of the market seems to try to convince (themselves) we're bullish. The other half is trying to convince (themselves) we're bearish. Everyone looking for validation everywhere. I'm currently out in USDT and sold the three tops. Really not convinced this is going higher so I'm more on the bearish side. But I know...
Last weeks we had healthy consolidations. I expected an end of this period now or in a couple of days. I believe, this applies to all digital main currencies. BTC is now at the Price-Fibo (0.786). I think that we do not go further down - max. 2.430 USD. In expectation of the bitcoin segwit activation on august 1 (Timing-Fibo 1.618) - imo - it will go up...
XBT experienced a long needed correction from a parabolic rise. The volatility of the market make predicting price movement in the short term difficult but XBT remains bullish in the long term. The fundamentals are too strong to do otherwise. The market is not at a great entry point right now as we are at a strong zone of support/resistance. Volume is poicking...
I think we will see a sideways range in $BTCUSD, as anticipated in my last publication. Having bought a position very close to the recent correction bottom, I can comfortably wait it out until the weekly trends are ready to rally again. The timing for this event interestingly approaches August 1st, so, it makes me think the market will grind sideways for...
Inverse Head and Shoulders pattern unfolding. Stop loss can be placed under neckline.
Peak sentiment helped us find the top a few times. The last one was a nice bear market in BTC for a few days. I covered my shorts, and bought part of my BTC position (10% of net worth). I aim to have a maximum of 25%, after we get all the scaling news out of the way, and once we have a new weekly uptrend signal. For now, we are under pressure, and we might see a...
I think the price has found support at a new major tend line and will bounce back. The fibonaccci retracement looks good. The MACD is starting to trend up. The long term trend is up and my opinion is just keep buying the dips. Buy and hold and lock in profits before the next drop. Notice how the trend line broke in the previous rise I should have sold then but...
In my previous chart I had determined that Bitcoin was due for a correction, due to sentiment and a potential weekly top signal. What I didn't account for was the impact of unknown news at the time, of the timely addition of ETH to the big three chinese exchanges (Huobi, Btcchina, Okcoin) and also, a few days later, the normalization of Bitcoin withdrawals from...
See related idea for more insight.
So it seems we're going to keep with the uptrend. If that's the case, this may be a good setup for it. Bull flag on the left shows a possible mirror setup to the possible bull flag on the right. Let's see how it goes. I will be updating this idea. Good luck!