Bitcoin 4-year cycle! When you should buy BTCJust take a look at the chart and be smart! The writing is on the wall when to buy BTC !!
- Never !NEVER! broke below weekly 200 SMA (close)
- start of the bull run when BTC manages to cross the weekly 21 SMA (close)
Not your keys, not yout Bitcoin
Cheers Christian
4-year
Chinese New Year Events
BTC price usually dumps during Chinese New Year (CNY), and the trend lines from the previous big dip show just that. What we're seeing right now might be anticipation for CNY (5 February 2019).
If BTC just drops back to the 3200 or so support and recovers then I'm pretty sure a bottom is basically in, or very close to being in. The final bottom would only be 2600 and above if anything so there's not much point in missing the ship now.
EOY BTC Price Prediction MovementsThis is meant to be a very simplistic and rough view of how BTC will move for the rest of the year. Actual peaks and troughs are chosen from current and potential resistance/support areas. The timeframe of these movements is estimated--give or take several days--with an end year goal of $25,000. This is a conservative estimate. Bulls may come in sooner and faster.
Ignore the elliott wave . It's not really meant to symbolize anything.
GE digging potentialGE is showing mediocre resistance at the 23% retracement. Eh, nothing special right? Up until you notice the RSI posing as a huge indicator for a long opportunity.
We haven't seen any levels like this in about 9 years, and over the course of 9 years, it showed a growth of approximately 279%. Now what does that mean? For one, it doesn't mean the investment is secure; that isn't until we get a confirmation within these next two weeks. The retracement is being used as a tool , within the retracement we can see a strong line of resistance at $22.86 (50% retracement), and $32.02 (100% retracement).
Essentially the major resistance areas would still mark an approximate 110% profit @ 50%, and 250% profit @ full retracement.
OmiseGO is undervaluedOmiseGO is currently undervalued. The ATH is 0.00329400 BTC. The current price (0.00148600 BTC) is at 45.1 % of this, so we are still very much undervalued!
Current performance is very much bullish on the daily chart. Right now things are slightly overbought, could see a very brief correction at this level, but I expect the price to continue rising soon (this week ?).
Reaching the ATH is just one target and not the end of the road!
Research OmiseGO fundamentals, this company (Omise) has been around since 2013 and employs over 100 people. It operates in Japan, Thailand and Indonesia amongst others. It offers critical gateway services between crypto and legacy banking and is working on achieving a decentralised exchange network for exchanging between cryptocurrencies. Why is this important? Decentralised exchanges are possibly the exchange networks of the future!
One of the advisors of OmiseGO is Vitalik Buterin, founder of Ethereum, who has said OmiseGO is his favourite token model for 2018: oracletimes.com
Website: omisego.network
Good Youtube video: www.youtube.com (not mine:))
2018: The Year of Monero?2017 was the year of Bitcoin – but will 2018 be the year of Monero?
While 2017 has undoubtedly been the year of Bitcoin, with prices skyrocketing tens of thousands of dollars, 2018 may have different surprises in store. What really made 2017 important for Bitcoin, is that it became a household name. Instead of being a niche, nerdy technology, it became something that grandparents texted their kids about asking how to get involved.
2018 will absolutely bring more name recognition and price rockets for Bitcoin. However, Bitcoin may not be the biggest winner. Monero may see huge gains, both in price and adoption, as Bitcoin continues to face centralization issues and high fees.
Monero, founded in 2014, prides itself on being the most private, decentralized currency on the market. It is currently listed 8th by market cap, at about 3,800,000,000 USD. Its price is about $250 at the time of writing.
Monero treats privacy as the most important factor for a successful cryptocurrency – and as legislation continues to be proposed to Congress regarding the legality of cryptocurrencies, this could be very important. Monero assures users that they use the “latest and most resilient encryption tools available” in order to ensure all transactions are as anonymous as possible.
With a current supply of 15,449,232 XMR, it’s also incredibly undervalued compared to currencies like Bitcoin. It also has an interesting system regarding the total supply. Instead of capping at 21 million coins like Bitcoin, once 18.3 million XMR are in circulation, Monero will only be created at a rate of about 0.3 XMR per minute. This is meant to ensure miners continue to profit. In this scenario, the first year that the original Monero supply runs out, only about 1% of the existing supply will be introduced into the circulating supply. And every year after that, the percentage will continue to decrease, but never reach zero. This ensures that unlike Bitcoin, Monero miners won’t have to raise fees in order to turn a profit after the maximum supply runs out.
2017 was already a solid year for Monero – going from $13.79 in January to now peaking at $278.66 this year. The graph follows similarly the graph of Bitcoin in its 2014 years.
Even outside of price, Monero has seen increasing adoption this year, and it will likely increase next year as well. Black market dealers have started to catch on to Monero’s anonymity and have begun accepting it often. This is extremely important, as the black market is where Bitcoin got its start as well. It’s only a matter of time before white and grey market shops begin to adapt as well.
So, while 2017 was the year of Bitcoin, it’s likely that 2018 will be known as the year of Monero.
2020 year,1BTC=60.000$ ?!Hello, everyone!
I'm Nika. Forex technical and fundamental trader. (2 years and bit more.)
I'm trading crypto to and I learn absolutely everything about BITCOIN. (Born, The Past and future to...)
I trust if "global financial sector" will not be enemy of BTC, the 2020 year price for 1 bitcoin will be 60.000$ (or more)
Yes, Just after 3 years, per Bitcoin price will be 60k!
So make react for this CHART and say something about my idea.
Thank you and good luck with your trades ;)
Elliott Wave Analysis: 10 Year T-Notes Trapp In A CorrectionOn the 10 Year US Notes we see price undergoing a potential five wave drop, with price now trading in wave four as part of this drop. That said, price seems to be undergoing some slow and choppy price activity, which means wave four may unfold as more complex. As such we expect more overlapping price movement to come in play and probably a triangle correction will unfold.
2017 FORECAST S&P500 INDEX DAILY, by Tim West2017 FORECAST - S&P500 INDEX - Daily
Here we are again: January of a new year. The election is behind us. And the recount is behind us too. So many bombs dropped over the last year, both real bombs and word-bombs by Presidential candidates. The word-bombs seem to get all of the attention with Trump winning the "best word bomber" last year by Time Magazine as the "most noteworthy" person in the world. Now with that out of the way, once again we have the same variables facing the market: plenty of headwinds and tailwinds. See 2016 list, to your left in blue.
I like to start with an understanding of what "expectations are out there" and I do that with the Wall Street consensus for the Year-End S&P500. I added that with the RED BOX at the top which is around the 2300-2400 range. There are some above and below that range, but that gets 90% of the estimates.
The 2085 level was the launching point of this latest advance from before the election and that level was retested in the hours after the election results indicated Trump the winner. The market action up until that point, together with the lowest-ever-50-week readings of AAII Investor Sentiment Readings indicated to me that we had COMPLETED a bear market at this point in time. I view a bull market as 20%+ so a move to $2500 in the S&P would accomplish this technical feat. With plenty of skepticism, fears aplenty, high cash, massive retail selling of equities and mutual funds, high short positions, and "no bear market in prices" suggests very strongly that a 20% rally from 2085 is likely, and possible.
What I foresee happening in the first half of the year is the time window for Trump to get the most on the table for pro-growth, tax-cut, red-tape-cutting, Obama-care bashing, "Make America Great Again" pushes for change in the House and Senate. I hope we see Reagan-like Investment Tax Credits, Cuts in capital gains tax rates for young and small investors to get investment capital moving and to get banks lending again.
The second half of the year, especially towards the end of the year, I foresee a correction in prices back to the start of the year on signs that there is friction in the Republican Party and fears to make bold and broad changes to the tax laws and concerns about the credit rating and borrowing capacity of the US. The Democrats will be stalling with threats to shut down the Gov't and doing everything in their power to stop the changes Trump is pushing through.
Tim West January 12, 2017 10:54PM EST
I made this chart over a week ago and decided to keep ALL OF THE TEXT on the graph from past year's to show you that I didn't change anything. You can review the previous year's graphs from the links below for 2016, 2015, 2014, 2013. I must say the pressure is much higher after I have done four years in a row that are very close to what has happened. I think, in hindsight now, that it was easier because we had a 2nd term President who didn't change much in his view of the markets, economics, or philosophy. Whatever does happen, I wish you peace and harmony as you make your investment decisions throughout the year. Imagine different scenarios in advance and decide what you will do, in advance, so you can be better prepared when change does happen. Stay in touch throughout the year by clicking "follow" on this chart to get important updates. In the past two years I was able to catch the major bottoms and tops throughout the year.