Bitcoin / U.S. Dollar

BITSTAMP

BTCUSD

Back in late June and early July we mentioned that Bitcoin was likely to go through a consolidation or ranging phase which could last weeks or months. Here we are two months into a consolidation and we are still ranging. Nothing has changed and until the market decides to trend, most are simply guessing at the direction. The only thing that has changed is the...

Hello traders! I hope the markets have been treating you well and you've been crushing all of your trades. In today's post, I want to give away a chart that has made me a lot of money dating back to 2016. I also want to go in to detail on how I use the RSI to determine when to get in and out of Bitcoin by determining...

There is not much room to continue sideways action since we are approaching the apex of this symmetrical triangle. The breakdown is more likely (would give it a 70% chance). On the way down we can meet support at ~9600 since we have the EMA 200 coming there + horizontal support + ascending trendline. Don't think it could hold the price. The conservative...

Hello and welcome to my Trade Idea of the currency pair BTC/USD. Lets start with the Top Down Analysis. Daily: The daily timeframe is bearish. H4: We see on the h4 timeframe overall a downside trend with beautiful pullbacks to the upside. H1: Here we see the upside pullback in more detail. M15: On the m15 timeframe we draw the counter trendline and wait...

Bitcoin is still NOT in a trend relative to how we evaluate the bigger technical picture. This piece of information alone serves as an important guide when it comes to managing our recent swing trade long. The aim of this article is to provide insight into the best practices and mindset that has produced consistent results throughout the recent bearish and bullish...

Not many are able to think long term and realize this, but the cryptocurrency markets have already topped. With summer ending soon, the next 50% price cut might be only a few weeks away. Good news! I was (finally) able to verify and unfreeze an account with a crypto exchange and cashed out most of my money out of this MLM scheme. Now, I have no skin in the...

Hello dear crypto friends, hope you're doing well! ;) Much is going on with Edgy's services & my mentees currently, so I didn't have much time to post unfortunately. Big announcements are gonna come very soon. Bitcoin is currently in a Descending Triangle on the Daily, which will see a solid breakout coming. To the downside we have $9k psychological as...

Lets put it at this in mid 2017 the rumors of CME futures drove the price up However when CME futures were confirmed late 2017 Price crashed Now in 2019 Bakkt futures rumors drove the price up again along with Chinese Plus Token Ponzi Scheme Participants Now here at mid 2019 Bakkt futures now confirmed Price Crashes? Will it be different this time? i...

After the previous strong dump, BTC has already tested $9700 support and then tested $10000 support after a rollback. Now we can see how the price trades right next to the support of a global upward movement, sometimes it even manages to do some fake breakouts (marked with red pointers). Thus, we see the strenght of bulls, which are desperately holding back...

Bitcoin (BTCUSD) continues printing higher lows since it hit ~$9,450 on the 15th of August. The first peak was hit at $10,955 on the 19th of August. The retrace resulted in a higher low and there is the potential for a move up from current levels. Now, Bitcoin can easily move lower here as well since we are looking at bearish indicators and its price moving...

We can open BUY/SELL position after the price will cross any border of the Triangle. Use predictable risk management.

Hello Friends! Since the last forecast, the target has not changed. BTCUSD broke through the support level of 10150 and will continue to fall at least to the support line.

1d time frame: The past few days I've stated that the real direction could be determined by closing above the $10365 marker on the daily or below the $10024 marker. Neither of which has happened. So I expect more sideways (1-2 more days) until one direction powerfully overcomes the other. Because this is either re-accumulation before a push up OR a distribution...

_______________________________________________________________________________________________________________________________________ Hello traders investors and community. There is an interesting observation which i made and want to share with you today. It is revealing the magic bitcoin halving-cycle in which we seen huge growing of price after the past...

BTC keeps bouncing off of the 10k level and the bounces are getting smaller and smaller (green wedge). It has bounced off of 10k no fewer than 11 times since July. The mistake many of us are making is that we expect it to continue. But it looks eerily similar to 6k when it was doing the same thing, but for a longer period of time. We came to expect it will always...

So this boring sideways phase of BTC is really testing our patience. But for how much longer can it go on? Well, if look at historical situations where we had very similar structures, this already happened twice. The first time in 2012, and then in late 2015/early 2016. Two things are happening which point to the timeframe where a breakout will happen with a very...

The next day will tell the tale!

it's time for this crap to hit the ground, but there's nothing to be worried about! 1 btc = 1 btc right