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Bctusd

massively short on Bitcoin waiting for 4257No If. No But Target as shown. target 4257 Stop loss almost near to recent high Opened a massive short. Liquidation at recent high as shown 5435. Is bitfinex insolvent? Did they really lose $850 million and tried to cover up the tracks by misdeeds? If so, they will be responsible for the #bitcoin drop in price just like #MtGox was. Is this a repeat of #MtGox? Major banks have been unwilling -- or at least reluctant -- to offer financial services to #Bitfinex . We know now why! Is #Bitfinex a thief who stole $850 million causing the market crash of #bitcoin. Shame #Bitfinex If Crypto Capital Co.’s insolvent, then #Bitfinex is insolvency too. Am I correct? What if #Bitfinex is unable to return back all the funds of its customers? What if? Would that cause a serious crash to #bitcoin? How low will it go? The exchanges that are in trouble because of the recent scandal surrounding #bitcoin are #Bitfinex #QuadrigaC #CEX.io #Exmo #Coinapult. These exchanges deal with #CryptoCapital that has stolen $850million from #Bitfinex while ##Bitfinex stolen $850 using #Tether from its clients. Is #Bitfinex going to close down its shop? What will happen to the countless investors who have money there? Will they be able to close their account and move it on time or lose just like #MtGox? This is a serious issue! #Bitfinex executive, Merlin, also warns his contact, “Oz,” that the situation posed a grave threat to the larger crypto industry and that #Bitcoin “could tank” to below $1,000 if they didn’t act quickly. Where will $BCDUSD stop? This looks bad! “The situation looks bad. We have more than 500 withdrawals pending and they keep coming in … oo much money is parked with you and we are currently walking on a very thin crust of ice" $850 million is possibly equal to 27% of #Tether reserve that means #Tether is fucked and all funds related to it unless more news arises on #bitcoin I am massively short on Bitcoin.
BITMEX:XBTShort
by welcome_universe
Bitcoin Daily Update (day 320)Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to succeed long term. If you fall into the majority that tries and fails then I assume no responsibility for your losses. What you do with your $ is your business, what I do with my $ is my business. Click here for my Comprehensive Trading Strategy | Click here for my Comprehensive Trading Process | Click here to learn about the 2 BTC' to 20 BTC' Trading Challenge Consensio: P closed > S & M MA but instantly reversed to the downside. L MA still bearish Patterns: Phase 7 hyperwave | Bear Channel | Symmetrical Triangle Horizontals: S: $3,377 | R: $3,472 Trendline: Symmetrical triangle inside bear channel Parabolic SAR: $3,336 Futures Curve: Backwardation with 1.90% spread BTCUSDSHORTS: Looks like they are pulling back for a 21,650 retest Funding Rates: Shorts pay longs 0.0126% TD’ Sequential: R4 | 3D just closed R9 Ichimoku Cloud: Paying attention to how the Tenkan-Sen just angled down sharply. Relative Strength Index: Continuing to trend down below 50 Average Directional Index: Still resisting below 25 Price Action: 24h: -0.1% | 2w: -3.2% | 1m: -13.9% Bollinger Bands: Trending down, squeezing with price below MA. As bearish as it gets. Stochastic Oscillator: D threatening to recross bullish (always find it amazing when it does this on bearish price action) 3D is making bullish cross and that has been a very good indicator in this bear market. Summary: I feel confident that volatility is coming in the next 24 hours. The violent reaction following today’s close is what makes me feel so certain. The daily closed at $3,429 and then there was an immediate influx of selling volume. The high volume combined with the bearish wick is something that I pay very close attention to. Either support will hold strong and provide the foundation for a significant bounce, or it will tear right through the support and go for a retest of prior lows. It is still too early to induce which direction is most likely from here, however I do not think that will remain the case when it comes time for tomorrow’s daily update. The most important chart to me is still the LTCBTCSHORTS which continue to create new all time highs. That looks like very low hanging fruit to me for someone with enough money to execute a short squeeze. If that happens then I believe in will lead the entire crypto market into a 1+ month dead cat bounce up to the $5,200 - $5,800 area. The 3D Stochastic is provided a nice confirmation of that bias. Look for yourself at how well that signal has worked throughout this bear market! The 3D red 9 is another good confirmation that a bounce is coming.
BITSTAMP:BTCUSDLong
by Sawcruhteez
1
BTC everything will be decided this month or next monthAscending triangles are bullish continuation patterns that form when the upper trend line is flat or horizontal while the lower trend line continues to rise diagonally. This indicates the up trend has stalled while the support line representing buyers continues to rise, thereby closing the distance between the lower and upper trend line . Eventually the lower trend line closes in the gap enough to cause impatient bidders to come off the fence in a buying spree that surges the price through the upper trend line resistance with heavy volume . This breakout action resumes the next leg on the up trend as prices climb to new highs. Please leave a like and follow me.
BITFINEX:BTCUSDShort
by TheWolfOfCryptoTrader
6
Last minute Small but important update to my previous idea BITFINEX:BTCUSD Just a quick update on my last idea as if or when it happens then it is good to be aware of what is going on as most trader who dont read my posts have no idea really what is going on. I am becoming convinced that we are going to see a double bbc wave inside this phase. Most of my TA is based on my own style of TA which i have developed using phases, but i am now finding that using elliot waves for the price movements inside the phases is very useful. So i expect the second abc wave to be happening shortly. I think the c wave of the first abc wave wil be the same length as the b wave. The A and C wave of the second ABC iwill be the same length of the A wave in the first ABC and the B wave of t second ABC will be the sam length as the BC and C wave of the first ABC. (wow that...sounds confusing writing it down. The next set of waves i have not analysed properly yet but should it look like what i say abouthave a double ABC then i will do the work on the 12345 waves. So just because soon we will see quite a big drop, dont start to think that the bear market is resuming, i dont think it is, i just think in this reversal transition phase it has to do 2 abc sets or else it cant hgave a bullish 12345 wave. It will be risky trading the a and c waves of second abc waves, but i will do it but only when i am in close attendence as if i have it slightly wrong it could prove dangerously expensive. Also please note, i am sharing my ideas i am not telling anyone to trade on my ideas...this is jsut for information purposes only. You might wannt to check the two previous linked ideas too to see how we got here....also please feel free to tell me hopw wrong i am hehe ;)
BITFINEX:BTCUSDLong
by chris-abc
Bitcoin TodayAfter a Monday sell-off, BTCUSD went into a lateral movement inside a narrow channel 6650.0 – 6800.0. From the lower side, 6425.0 level stays a critical support. From the upside, 7000.0 level must be overcome, to consider investments in BTC reasonable. Today forecast: Trading in 6650.0 – 7200.0 zone; Break below the 6450.0 level will lead the price to the 6000.0 low. Latest news: Tax Day in USA. Tax Day in the United States falls on April 17 in 2018, which is next Tuesday. And to make a long story short, lots of Americans owe the IRS money because of cryptocurrency profits, and Tax Day is the last day to pay the money you owe without possible penalties and interest. According to a recent report by Tom Lee, head of research at Fundstrat Global Advisors, there's roughly $25 billion in tax liability among U.S. households for cryptocurrency gains. Cboe Report Indicates More Bearish Pressure Is Coming to BTC. Ever since Bitcoin futures were made accessible to institutional investors, there has been little interest in this trading vehicle, it seems. The most recent report by Cboe shows that most speculators are opening short positions on the Bitcoin price. This will undoubtedly lead to a lot more price volatility, which is the last thing Bitcoin needs right now. Based on the most recent Cboe report, it seems Q2 of 2018 will not be any different in terms of bearish pressure. More specifically, the report indicates that most institutional investors are opening short positions on Bitcoin, which is not entirely surprising. We are in a bear market, after all, and with no real positive momentum in sight, there is no reason to think the Bitcoin price will improve moving forward. Gemini to Roll Out Bitcoin and Ether Block Trading. Cryptocurrency exchange Gemini said Monday that it will roll out block trading for bitcoin and ether starting later this week. The feature - which will allow customers to make high-volume trades that won't appear in the exchange's order book until they've been filled - will go live at 9:30 a.m. ET on Thursday, Gemini explained in a blog post. There's a minimum threshold of 10 BTC or 100 ETH for the block trades, meaning that smaller traders won't be able to use the feature. Gemini has positioned the block trading addition as a way to create "an additional mechanism to source liquidity when trading in greater size." Block trading allows large traders such as hedge funds to buy or sell large quantities without having large immediate effects on the price. The alternative is to place over-the-counter trades, which happen outside of exchanges, or to split trades up into smaller chunks in order to minimize the impact to supply and demand.
BITFINEX:BTCUSD
by DestinationMoonCrypto
London bridge is still falling! Get out of d way or get crushedSo my last analysis on BTC was proved to be true. Much before it touched 11k mark to fall down again, I had published that it's going to fall down. Exactly at my predicted time, we're at 10.3k again. I would again advise you to stay away from bull traps, from the dummy head and shoulders, diamonds, cups and what nots. Open your eyes and see it yourself. It's going back to 9.4-9.7k again. It will rise up again from there so that more people can draw some lines here and there to post about bullish(buls**t) reversals, encourage you to buy and push volumes/price further up. Once their objective is achieved, they'll cash out the fiat and let you take the burden of falling bridge.
BITFINEX:BTCUSDShort
by minion99
BTC possible correctionBTC has tried to cross the resistance at 17.270$ for three times and fell back. This is a negative signal and we should be aware that BTC now could test the lower support at fib level 78.6 (13.600$). This correction wouldn`t be a crash - the general trend would be ok. (see trend channel in green). The last price-explosions came from the anouncement that BTC-Futures are and will be listed at CBOE and CME (dec 18). They´re not physically backed. So they don´t have a direct impact on the course. It´s been only the expectations of future gains that rushed the price upwards. MACD and RSI are still in positive terrain - but turning.
BITFINEX:BTCUSD
by Luettis