I cannot publish these ideas at a smaller resolution. But as you can see, these days, whenever BTC/USD rally above 3600, There would be a dump.
If you just open the chart at the 5min interval, the dump is more obvious.
Why would someone keep dumping BTC/USD at such a price, their motivation is unknown.
***This post is meant to be educational and not meant to be...
I was looking back at the chart for the past couple of days and I noted the similarity between the current chart pattern now and then.
There was a small period of small movement before a drop.
If the chart follows what happens in Nov 18, we could see a similar trend and BTC making a new low in recent years.
However, please note that it was previously at the...
The past few days have seen again bitcoin doing some interesting patterns.
It is basically performing a move called "Sideway Movements With A Lot Of Spikes"
Usually A spike will occur and it will demonstrate a trend continuation or a trend reversal.
But today, yes, today on the 4 hour chart. It is the 4 hour chart. We are literally seeing
Something strange just happen for BTC/USD for the past few days.
The RSI has increased close to 40 over point but BTC/USD has raised to the highest less than 200 point.
***This is just information sharing.
This is what happen to me recently.
So on the day, which everyone should notice, there is a sudden outbreak on the chart as shown which later straight after the 2 min 200 odd points rise, there is no more bullish movement.
A few days later, the same thing happen. But this time round, the exchange that I am on temporary halts all trading. The reason when I ask...
After the Bear crashes the market for the last couple of days, they are out of fuel and currently the bulls are raging.
We might see some gains over the next couple of days.
*This post is meant to be informative. I am just giving back to the cryptocurrencies community like what other people does. I do not have a crystal ball to look into the future. It is just...
BTC/USD is now back to Sep 17 level. The Bad News is this : I was correct, the dump was coming.
The good news is this. Bitcoin has hit rock bottom or is going to hit rock bottom for this year.
Yes, there might be potentially another dump in the coming days, or it might go into trend reversal straight away. But at such a price, BTC/USD cannot possibly go down...
In an eerie repetition of the recent trend, bitcoin has little or limited movement over the past 3 days.
A potential drop is coming.
*This post is meant to be informative. I am just giving back to the cryptocurrencies community like what other people does. I do not have a crystal ball to look into the future. It is just information that I am sharing, and not...
In a surprising move, the whales are not buying BTC/USD at supposedly such a low price.
A closer investigation to the market shows that there are several other cryptocurrencies that are performing much better than BTC/USD
ZCO/BTC has gained more than 40% and TRAY/ETH has also gained more than 40%.
We can reasonably guess that the whales are not putting money in...
BitCoin is going through a period of extended Bear Run. Those who have been following bitcoin would know that the current year has saw some prankster trying to pump bitcoin up and down via dumping 16k of bitcoin throughout the year 2018.
The trend has all been messed up by whoever the prankster was. And the lack of movement from the other whales is most probably...