HERE WE GO AGAIN...
I can show you the world
Shining, shimmering splendid
Tell me, princess, now when did
You last let your heart decide?
I can open your eyes
Take you wonder by wonder
Over sideways and under
On a magic carpet ride
A whole new world
A new fantastic point of view
No one to tell us no
Or where to go
Or say we're only dreaming
A whole new world
For an ICO to give you a positive ROI, history shows that an average time frame of 6-9 months is needed before the market starts to move into markup phase.
This time frame is shortened as the bull market gets closer to the end, as time frames compress, and price action accelerates. Furthermore, towards the end of the bull market, the returns in % become much...
It's impossible to guess tops. But let's just try anyway.
By Elliott Wave Theory, wave 3 is the longest and wave 1 and 5 are the shortest. By this logic, wave 5 should end at 6.8k or lower.
Bitcoin market exhibits high levels of emotional behaviour - evident from historic cycles of extremely volatile price action, characterised by...
Long gone are the days where it's a simple "BTC UP, ALTS DOWN" and vice versa.
In fact, I would say that it now resembles more of a general "BTC UP, ALTS UP" and vice versa, though it's not as simple as that, with many small waves within waves, each with its own unique characteristics.
However, in the grand scheme of things, you can probably tell that both go up...
Since its reversal from the bottom of sub 10k, $LSK has been consolidating between 0.00021-0.00037 for the last week or so.
We have about a day or less before we break out of this triangle, hopefully to the upside. Buy the breakout, or the throwback, coz if we go up, this move will be big.
Just sharing an inverse fractal idea for Bitcoin. Feel free to comment.
SEC rejected the Winklevoss Twins Bitcoin ETF earlier today.
This makes BTC short term bearish, with downside targets from 780-880.
However, we are still bullish on the larger timeframe, with possibility of SegWit activation if Core vs BU can settle their issues,...
After breaking out of a long term downtrend (since launch) in late Jan 2017, we made a local high at 0.00339911 and been bleeding out since.
Inverse H&S forming here with the neckline resistance at 0.0021. Breaking above with good volume will confirm the reversal. If volume is significant, we can see this lead to a quick continuation of the bull trend with new...
This is an update to my post earlier last year:
We've more or less come to the end of the "Launchpad" phase, and we're gearing up for the big PUMP above $1200 into unchartered territory. Targets are $1400, $1800, $2800, $3800.......
Nothing much to say here, other...
BTC/XAU has come close to parity 3 times, first in 2013, second in Jan 2017, and third in this ongoing rally towards breaking ATH.
Typically, BTC/XAU has had strong rejection between 0.8-1, depending on the value of BTC on the exchange that you consider.
XAU/USD just painted a reversal on the monthly, which could signal the end of a 4 year downtrend. Unless...
2017 is setting up to be a great year for Bitcoin and Altcoins!
I pointed out in early Jan 2017 that the 2 big plays of 2017 would be $ZECBTC and $ETCBTC, and that I don't see this happening until somewhere Mid-2017.
More recently, I expressed that ETC has the potential to outperform ETH.
Bitcoin BTCUSD has been in a Bull market since its reversal in late 2015, breaking the prior 1.5 year downtrend.
Since then, we have broken $300 -> $500 -> $800, and we're currently on our 3rd leg up. Expecting this leg up to have another 2 weeks left in it, and able to bring us up to 1250-1400 area. A break above previous ALL TIME HIGH (1150) will signal a...