see chart for range. This ratio seems to be strongly anti-correlated at he moment. If BTC drops, ETHBTC will rise. I don't like to short, so am using this as a hedge. At the end of the day, ETH and BTC are the only two major cryptos I would accumulate anyway. IMO if you are the kind of guy that needs to buy bottoms, you will be weeded out by natural selection anyway.
barclay's Bitcoin FUD series Black swans are supposed to be unpredictable and random but seem to happen in crypto with suspicious regularity. I'v been following the faketoshi news with interest - Craig Wright's court case in Florida, USA - since last year. The Kleiman estate alleges Wright holds a million plus Bitcoin. Wright also made similar claims during...
ALT market cap priced in BTC. It shows the changing valuation of the entire altcoin market with respect to the spot price of Bitcoin. As you can see, at its height, the altcoin bubble was worth around 30 million BTC. That's about 50% more BTC than were actually available in circulation. Even though the price of Bitcoin had already dropped about 33% from its 2017...
Alt market capitalisation divided by the Bitcoin market price to exclude Bitcoin price distortions. Quite often alts and Bitcoin are strongly coupled. Here the altoin market cap is divided by the Bitcoin price to remove any such coupling from the trend.
Short target 8800 Should be there by mid-month, perhaps after a brief pump to 11600 - 11800.
Bearish fall on the banker's coin with no banks. giggity
Hard to imagine anyone being bullish here. But I see old hands begging for their version of market sanity and I see posters who, until this dip, were targeting supermoon now switching to bear. So maybe... I still have a small BTC position from last dip, not adding... I am not bullish... (that'll never change, Bitcoin is a scam and blockchain is not suitable for...
Another day another stab in the dark ;) Whatever happens happens... maybe it is pre-ordained, fixed in the stars, or maybe it can change on a whim... who knows.... My thinking has come full circle. We will retest 4k eventually. Don't fall for the deceit, when they make their play. Liquidity is the art of deception.
Looks like a hanging man candle on NIO INC. If so, currently at descending log resistance. Next few days will show, but I think come to a bottom soon. Not shorting, just waiting to see where this goes.
Very simple chart showing complete Bitcoin market history. Red is the 200 day moving average (MA) and orange the 500 day MA. As you can see they have already started to turn bullish. When red crosses up over orange this will be the signal for a bull market for me. The previous two bull markets also indicated by such a crossover in Oct 2012 and Dec 2015. In...
Long idea. I'm expecting retest of 10,800. Successful retest will see push towards 16k. Catch the knife?
Hey guys just wanted to share something. This chart is the Bitcoin mining revenue which is a combination of the number of coins produced, transaction fees and the market price. All of which I think you'll agree are important factors for Bitcoin miners. As you'll see the price bottoms of bitcoin coincide exactly with mining revenue bottoms. What's even more...
Hi shitcoin lovers! One of my favourite shitcoins from 2017, FoldingCoin, has bounced from it's historic low (2016 pivot) of 13 sat. In addition, monthly RSI is massively oversold with, so far, 9 straight months of steady decline. Stochastic RSI is dead. Last year FLDC was delisted from Poloniex causing a run on the coin. Now it is only available on Bittrex....
Hey Shibes! The chart shows we are resting on one of the important, long-term support levels. Because it is the level which most often gets a bounce, I bought some. But at the same time, it's also the highest level so I only bought a little. The indicator below is the Mayer Multiple, it gives the ratio of the price and the 200 MA (should be used on daily...
At some point Bitcoin and the 200 MA will get re-acquainted. Soon if price comes down fast, probably overshooting and going under. Or much later in the year if we range sideways. The only situation where we will not go to the 200 MA in the near-term is if we are in a mania similar to Nov/Dec 2017, in which case the price will probably pump and dump. I will wait...
Electric cars (mobility in general) are part of our future. Demand is growing all over the world and producers now exist in Asia, Europe & North America. It's an emerging market and is yet to mature. This makes it interesting from an investment point of view. But when and how to invest? I'm just going to publish my research here as and when I can be bothered. If...