More of the same, it's a quiet week for crypto as we wait for the retest of benchmarks.
A crash pattern's end is accompanied by a period of reduced price volatility and volume on top of an institutional benchmark. We are seeing those symptoms in full force.
An excellent time to get some futures contracts open on BTC, the profit ratios here are insane.
We did it boys, bitcoin hit the bottom. Layer in those longs.
A very unexciting day.
A pleasant update on expected moves for bitcoin. A clean chart with solid alignment of expectations.
Bitcoin has done nothing but trade laterally as defined by the most overexpanded period! Thanks for tuning in.
The pivots are still respected. Happy scalping everyone.
We've entered a period of short term compression. Bitcoin will stay inside of the relevant pivots until the 110 period mass reading compresses below the 0.7 value. To define the current overexpansion for bitcoin, load up the 110 period BB with a 1.25 standard deviation.
A new mean reversion pivot is defining itself, we're likely to see an explosive move after it's crossed or if Bitcoin Rejects from it.
As predicted, compression has ended today and a new upward trend is being defined on bitcoin. It's a clean chart with defined pivots, have fun trading it!
Just a short video review of current situation and what we may expect next.
In this video, I recorded why I think BTC will hit $3000.
In this video, I record the idea that the best to open BTC is near $3000 Because: - There are powerful level - Low risk - Potential profit in 10–20 times bigger than risk.
It's fun and exciting to get caught up in massive projections and run-ups, but it's impractical as traders . Click the +1 like button if you agree . Let's get back to reality and focus on the here and the now so that we can stay profitable and make consistent gains with our trades. I have been guilty of doing that sort of post when I was first on here,...
Update of the analysis published on August 25. Actiualización del análisis publicado el 25 de agosto.