Bitcoin
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Dat's Bitcoin Blog

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A place where I will post my thoughts on Bitcoin and the crypto-currency market.

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Note
17/09/14

snapshot

The Doji on the 2hr showed me that it was either the "bottom" I was looking for or at least a local bottom where a long can be placed. I compared the charts to the recent heavy dips on BTC especially when it reached full panic mode around the 1800s in late May and July - reversals in BTC often come when there is a huge spike in volume; realizing this I brought into ETH (331AUD or 264USD on BtcMarkets). In hind sight now I think I wouldve been better off buying into Bitcoin just due to it's utility use to trade other alts; live and learn.

snapshot

Bitfinex I believe is the main pair we should be looking at for reversals; either that or MEX; I just believe that Bitfinex's prices can be more easily manipulated than Mex - I'll have to look more into this though.

The MEW wallet I recently had was emptied so I'm starting from scratch.
Have a headache at the moment; I thought I would write more about my personal theories on how and when to buy etc; I guess I will be leaving it for next time :)

Happy trades

- Dat

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