Get started

2017

Putting the 2017 market cycle into perspective...In 2017 BTC went parabolic in a short amount of time. Here is where and when we would be if BTC were to do the exact same thing this time around... Just for fun. One might say this is impossible (people said the same in 2017), and although that's probably true this time around, one thing to note is never underestimate the magnitude of what can happen when the bulls are unleashed. This bull run is happening during unprecedented times. What would've happened in the past during economic uncertainty with a depleting dollar value? Would people have flocked to a highly accessible, digital, and safe storage of value to mitigate the risk of their hard earned savings? We may be writing history right now... Things can happen quickly, have a plan in place.
COINBASE:BTCUSDLong
by xbenjaminsx
BTC Fractal 2017 vs 2020Hi all, M2S here with a view into 2 possible BTC fractals I am seeing. This particular charts show the completion of the cup and handle below the white line for both 2017 and 2020 bull runs. I do not see this as the correct fractional at the moment and will link to the 2013 fractional comparison in the comments below. That being the case, notice that BTC typically uses the 20 W EMA during bull runs as support. The green horizontal lines show where the previous initial bull run stopped for its first meaningful correction to the 20 W EMA. Your two sats (play on "your two cents") in the comments are welcome and very much appreciated! Thanks for checking out the idea, looking forward to your two sats in the comments! M2S *This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*
BNC:BLXLong
by my2satoshis
BTCUSD: If 2017 Descending Triangle Repeats? Best Case ScenarioPart 5: If Bitcoin Repeats History? I remind you of July 2017 descending triangle that completely overshot the measured target by around 12%. This is for all the traders who claim descending triangles never break to the downside in bull markets at the top of the trend. Bare in mind this was at the top of a full-blown bull market, after reaching a new ATH and 3.2x from April 2017 low. This was otherwise half way through the 2017 bull market from a 2016 low of $150, so roughly 20x. This is yet another example in the repeating Bitcoin history series to show how they do break to the downside, especially after parabolic bull markets. The extrapolated breakdown comes to a low of $5,350 (-43%) with a measured target on the Daily descending triangle of $6,875 (-27%). Note this is different to the Weekly descending triangle measured target of $6,410 (-32% see here ), and is therefore dependent on BTC breaking out of the Weekly descending triangle to the upside, while remaining within the Daily triangle, which isn't a lot to ask for. If Bitcoin Repeats History? 2012: Breakdown to $6,415 with 1 year consolidation (Part 4) 2014: Breakdown to $2,500 with 1.5 years consolidation (Part 3) 2017: Breakdown to $5,350 with 2 months consolidation (Part 2) 2018: Breakdown to $5,050 with 6 months consolidation (Part 1) 2019: Measured move to $6,410 to $6,875 (Part 2 & 5) That's a range between $2,500 and $6,875, with anywhere between 2-18 months of consolidation. Conclusion: Anything could happen. Look for clues. If Bitcoin Repeats History Series Part 1: Descending Triangle Looking Similar To 2018 Part 2: Measuring The Move of the Descending Triangle Breakdown Part 3: A repeat of 2014? Worst Case Scenario A $2,500 Low Part 4: If 2017 Descending Triangle Repeats? Extrapolating 2012 Breakdown
BNC:BLXShort
by dragononcrypto
3
Long term bullish continuation? 2017 Bullish trendline in focus During the second week of Bear action, we saw a break of the psychological level of 1.40000. With 2 re-tests offering opportunity for traders to load shorts. An impressive move lower pushed this pair towards the March low. With the bearish move in full force we could see a move lower towards the 2017 Bullish trendline, which could be offering support and possibly a reversal. A number of confluences in this area, the 50% retracement of the last major Bullish move. It also is the latest higher low in the referred Bullish (2017) channel, Weekly chart with the Fibonacci level, see the perfect alignment with the Bullish trendline and the March Low; We also have the PMI numbers upcoming for this week, which should guarantee some good price action. Interesting stuff makes for interesting week! Stay green all!
by Jeremy_van_der_Staaij
BTC TAX SEASON CRASHThese are guidelines of what may or may not happen in the market. 04/12/18 BTC DUMP 10 DAYS | 29.45% BTC PUMP 19 DAYS | 37.45% BTC DUMP 4 DAYS | 6.9% BTC PUMP 8 HOURS |3.6% BTC TAX DUMP 4 HOUR DAY 5 (April 15th) | 24.45% Currently BTC pumped from 6K to 7800K that is a full 30% According to percentage analysis BTC should see another pump of up to 4-7% until the 4 day dump.. 8381 USD However I believe that to be unlikely unless we are behind schedule by 8 days. Playing it safe. Today is the 12th of April and on the 12th of April last year BTC dumped 6.9% Then pumped same 3.6% for 8 hours After the 8 hour pump we saw 3 days of bear traps... Finally on the 15th from 5 AM in the morning to 9 AM in the morning BTC DUMPED BTC then pumped right back up to 1190 that same day April 15th at 9 AM There are two market psychologies here.. 1. BTC will rise 7% more even though we are right on track for the crash. 2. BTC will fall and we are already in the bull trap. Conclusion: I believe 2. BTC will fall. The market follows time trends, percentages over time can help us quantify the amount of profit possible. Deduct 24% of 7800 we get 5928 I believe whatever happens this is a safe value to buy back in. Sell price 7800 Buy price 5950 Other thoughts: BTC may drop lower due to the current market missing 7% Instead of 24% maybe a full 30% dump making up for the lost 7%
COINBASE:BTCUSD
by EternaljOsh
The Bitcoin Crash of December 21, 2017Bitcoin price position had gotten so far distanced from the MA 50 and 200 that a correction was due. This even correlated perfectly with the RSI. Bitcoin was very overbought, but has now been corrected. Both the intermediate MA 50, and the long-term MA 200, are still sloped up at this time. However, the short-term EMA 15 and the Volume are currently sloped down, indicating a short-term down trend. We will have to watch this to see if this was just a correction, or if a longer term bearish downward trend will be developing. This bullish pin bar, or "Dragonfly", indicates a reversal, and the end of the "crash".
COINBASE:BTCUSDLong
by Malstryfe
Bitcoin on thin winter ice, skating to $18k & beyond [BTFD] HoHoWell as of publishing we just hit $18,000 for Bitcoin 1 Hour chart shows clear golden cross after breaking up out of the triangle bitcoin supports held and helped push price to a new ath and onwards to a possible $22k before crimbo is on the the xmas cards if it does break down into the blue area we could see a quick reversal tho, still exciting stuff trade smart and increase the peace, bitcoins are not just for xmas....mackay...
BITSTAMP:BTCUSDLong
by majorlee
3