Facebook Libra & BTC: Crypto Is Under Attack!Hello dear FB & Crypto fans, hope you're doing well guys! US Treasury Secretary Steven Mnuchin held a press conference yesterday basically stating that they won't allow crypto entities to 'operate in the dark', attacking Facebook for the creation of Libra. While he is officially giving 'money laundering' and 'the war on drugs' as a reason, everyone knows that it goes much deeper into the core of money creation itself. As Lord Rothschild once said: Give me control of a nation's money and I care not who makes the laws.”
=> The fight is on between the Silicon Valley elite vs. the old money elite in the form of the US Government & the FED.
Luckily for us, dear crypto friends, Bitcoin doesn't have any headquarters! ;)
First they ignore you, then they laugh at you, then they fight you, and then you win!
CRYPTO FOR THE WIN.
If you had some value from my analysis, give it a thumbs-up & comment it, because the mechanism shows my analysis to other people then. Make also sure to follow me so you get notified on my Crypto Analyses! I wish you a good trading! :)
Edgy is providing online mentorship & trading metrics only. We are not a financial advisor, nor do we hold any formal qualifications in this area. You're trading at your own risk. No matter what you do, please set your stop loss. Please be aware, that you can lose all your money on the online exchanges.
Bitcoin-btcusd
RSI-RENKO Divine Strategy Video 4 (Bitcoin)I answer several questions by folks that are trying a demo of the strategy and companion indicators. This strategy has excellent backtest performance on $BTCUSD, $LTCUSD, $EURUSD, $GBPUSD, DJI/NDX100/SPX500 futures.
RSI-RENKO Strategy .
Renko Trend Momentum Indicator.
Why Bitcoin Hasn't Dropped Yet + Altcoin Market Analysis Sorry for the length of this video, but just wanted to post this and explain why I think Bitcoin hasn't dropped as much as people have been expecting. Could still happen, but this video is an attempt to look at the bigger picture.
This is not financial advice. This is just my thoughts based on what I'm seeing, and should be used for educational purposes only.
-Victor Cobra
What going on with Bitcoin & Ethereum? Time to Protect?In this video I talk about BTC & ETH. I also learn how to do stops on tradingview XD
Is it time to protect your long postions or do we have more room to run? Lots of questions but I don't have the answer. The best thing to do is lock your gains in with stops & be patient. If your not looking to sell don't even look at btc & don't set-stop because chances are they will get hit. Its CRYPTO & it will make u Cry...
Well I hope everyone enjoyed :)
BTCUSD- the time to invest is now| Watch this Video to Know HowThe BTCUSD bounced back from a few months low around $3, xxx and it's ready to climb the stairs again. This month so far has seen some momentum to that effect, and according to the chart in this video, if the current monthly candlesticks close above the EMAs then we can buy and keep as many bitcoins. It should climb to between $6k and $8k in two months. Goodluck.
COMPARISON OF FOREX, STOCKS, AND CRYPTO!In today's video I go in depth on the pros and cons of trading each market. A lot of retail traders complain about aspects of certain markets and use the wrong tools for the job in the market they choose to trade.
There are plenty of options for every trader out there!
If you are interested in learning more about probability distributions and my proprietary indicators to trade, follow the links below.
Also, read the linked trading idea.
Comparing the 2014-2015 with the 2018-2019 bear markets!Fundamental analysis only!
TLDW;
What makes the 2018-2019 bubble more bearish:
More scams (shitcoins - ponzis - cloud mining scam - giveaways)
Big shitcoin increase (too many shitcoins - all fighting each other for liquidity)
Shitcoin inflation (Too many premined shitcoins / ICOs - no fairness)
Easier to short (Way easier for people to short BTC etc, because they don't believe in them - sucking fiat value out)
Cash settled futures (Big players got in early and had this all planned - Also Cash settled futures suck liquidity from spot markets
Lots of new scam exchanges and fake volume (Some of these exchanges might be stealing coins from people or trick them to buy scam coins)
Bubble in a bubble in a bubble (BTC - ETH - ICOs all fueled each other. First Bitcoin created interest in Ethereum, which then created interest for ICOs, which held Ethereum, which went up and then people took profit into Bitcoin - Essentially a leveraged bubble!)
ETH. FIAT and Stablecoin pairs (Bitcoin's price is partially affected by people using it for speculation. Bitcoin also drives this market. So when it is used less / has lower price, shitcoins deflate too! Also arbitrage sucks money out, as there are too many pairs / exchanges, so liquidity is fractured)
Dummer money got in (Like Crypto Cobain said, the IQ of people getting in after each bubble is lower... Why? Because back then it was harder to get into Bitcoin. People had to be more technical and educated to understand it).
Mt. Gox coins being sold in the market (Mt. Gox 'locked' coins started hitting the market, something that didn't happen in 2014-2015)
Back then the market cap was much smaller and there way more lost coins as a percentage (also GBTC had just launched and its 'locked coins' were a big percentage of the total amount)
Stablecoin wars (fractured liquidity and people selling 1$ for less - Millions lost by retail that was gained by malicious players)
Hash wars (Bcash split - liquidity crunch as well as Bitcoin being dumped for hash power)
Finally in 2013 there was an 80% correction. So the 13 to 1200 rally wasn't done in one go. It took a big break before the last big rally.
What makes the 2018-2019 bubble more bullish:
No Mt. Gox collapse - No Willy (the rally was legit, I don't buy the : Bitfinex printed Tether out of thin air FUD). So the rally was organic and real, without having a big exchange collapse.
More Liquidity and on ramps (many good, regulated and unregulated exchanges, along with many other ways to buy Bitcoin like ATMs, vouchers, etc)
Improved custody and security (Hardware wallets, custodial solutions like Gemini, Coinbase, BitGo and Casa Hodl)
Many OTC desks and Indices (Easier to buy/sell big amounts of coins without affecting the spot market a lot)
Big boyz getting in (Bakkt, ErisX and even the probability of an ETF being approved)
Crypto funds (back then there weren't many, if any approved crypto funds. Most got approved in 2017-2018-2019)
Regulatory clarity (in 2014 there was a lot of fear Bitcoin could be banned etc. Now it is legal and clearly defined in many countries like the US, EU, Japan and South Korea)
Better mining (More efficient mining, along with liquid options to hedge, more decentralized and with bigger-long term players getting in)
Less inflation (Most big coins like Bitcoin, Litecoin and Ethereum have smaller inflation rates than they had back then)
Financial products (Bitmex, Cryptofacilities/Kraken, Huobi, Bitflyer, OKex, Deribit and LedgerX offer liquid futures and options products)
True believers own more (The hodlers, the hodlers of last resort, the ones that truly believe in this game, who are now more certain than they were back then - forks also helped true Bitcoiners to increase their Bitcoin holdings by holding Bitcoin!)
25-30B got into ICOs (Just the shitcoin market alone bottomed at 40B, out of which 2.5B was in stablecoins. Some of it has gotten back into Bitcoin or shitcoins)
More talent and money (People that work in this industry probably reinvest some of their gains back into the market)
Way more good educational material (Back then our understanding was not as great and good information wasn't easy to find)
Shitcoins provide a lot of free marketing and education to Bitcoin by proxy, as well as provide Bitcoin with a clear use case - Shitcoin speculation!
Crypto borrowing - Use Bitcoin/Shitcoins as collateral to get fiat, without having to sell your coins!
Crypto lending - Earn money by lending your coins/fiat for people to trade with it (Bitfinex, Poloniex, Liquid)
Bitcoin/Shitcoin Utility - Joinmarket, Lightning, Maker DAO, Masternodes, Staking (Holding crypto to make more... Crypto by providing specific services, essentially restricting the supply) - I truly believe that Staking (DPoS, PoS, Masternodes etc will drive the next bubble really high. Projects like Loom, Maker, Edgeless, Augur, Dash, Ren etc make me believe that there is a lot people that will get in because of this.
Decentralised trading tools for traders (Bisq, Liquid, Ren, DEXs, Stablecoins)
Even more lost coins, Bitmex insurance fund growing and ICOs still holding ETH (lol-lol-lol)
Central banks have take risk away from the markets, by lowering rates and printing a lot of money. But this has also lowered the returns investors expect... Which makes many investors turn into more risky investments. Why risk 100% of your capital for 5-10% returns on junk bonds, and not risk 100% for 1000-10000% by just doubling/tripling your risk? More QE is coming and the total money supply has significantly expanded since early 2015.
March 18th - Bitcoin and Altcoin Market UpdateFollow me on twitter and check out our exciting Youtube channel!!!
Smash the Like + Follow if you found some value.
Also drop a comment and tell me where you think Bitcoin and market is headed in the short-term. Also are you bullish or bearish on the market fundamentals and why?
Support: 61.8% at 3,920 then $3,620 to $3,800
Resistance: $4,000 (psychological), $4,140 (78.6%), 4,400 (100%).
Thanks,
Bobby
PS - Always feel free to message me on tradingview, email or twitter if you want to talk crypto. I'm always looking to collaborate with anyone at all levels of trading.
BTC Analysis March 16 | Trade updatesGood Morning folks,
Background: I'm a graduate from Purdue University. I've been trading and investing in the equity markets since 2007/2008. I traded out of my Dad's account when I was younger and lost him a bunch of money. After this, I wanted to help get his money back + learn how to trade by myself. After losing money myself, learning lessons, reading tons of books, watching thousands of hours of charting, videos, CNBC, understanding market psychology, I finally am capable of providing sound and unbiased analysis. I learn and make mistakes everyday like most folks, except that I don't lose money anymore- at least not as often as most. The crypto space to me was very fascinating as I learned Cryptography in college and Bitcoin in 2012. I started trading BTC and crypto in late 2016. And I'm still here :) The volatility and the potential ceiling of a nascent industry really intrigues me so I trade it and I do my best to help others understand how to trade assets.
Rule #1: Don't trade off emotions,
Rule #2: Don't marry any project fundamentals just yet
Analysis:
We've got a healthy break of $3900 few hours ago. I've mentioned in my previous analysis why I believed that a healthy retrace was necessary and that the higher time frames + price action was on the bulls' side to keep moving up. I've provided plenty of trades for free to TV and my community. Please read updates below and hope you enjoy my analysis.
Next steps:
-Break psychological resistance at $4000
-Test supply at $4100; if rejected, close no lower than $3910 and test prev. resistance as support and test $4100 again
-If $4100 is broken test the massive supply at $4400-4500. This is where a lot of sellers are sitting, in my opinion.
Hope you enjoy my analysis.
***Message me on TradingView if you want to learn technical analysis, how I trade, and how I do my analysis. I'm always free to chat and help.
-Amol
March 11th - Bitcoin Market UpdateFollow me on twitter and check out our exciting Youtube channel!!!
Smash the Like + Follow if you found some value.
Also drop a comment and tell me where you think Bitcoin and market is headed in the short-term. Also are you bullish or bearish on the market fundamentals and why?
Resistance: 61.8% at $3,920
Support: 31.8% at 3,620
Stop: $3,600 or 2%
Trade Setup: I'm still long as long as we trade in this dumb zone between Support and Resistance . If BTC breaks above resistance I'd be looking to reinforce positions possibly. Likewise If I get stopped out at $3,600 I'll be watching the market closely for new trade setups.
Thanks,
Bobby
PS - Always feel free to message me on tradingview, email or twitter if you want to talk crypto. I'm always looking to collaborate with anyone at all levels of trading.
March 8th - Bitcoin Market UpdateFollow me on twitter and check out the exciting Youtube channel!!! First live event today.
Smash the Like + Follow if you found some value.
Also drop a comment and tell me where you think Bitcoin and market is headed in the short-term. Also are you bullish or bearish on the market fundamentals and why?
Resistance: 61.8% at $3,920
Support: 31.8% at 3,620
Stop: $3,850
Trade Setup: I'm still long as long as we trade in this dumb zone between Support and Resistance . If BTC breaks above resistance I'd be looking to reinforce positions possibly. Likewise If I get stopped out at $3,850 I'll be watching the market closely for new trade setups. Need to record my gains!
Thanks,
Bobby
PS - Always feel free to message me on tradingview, email or twitter if you want to talk crypto. I'm always looking to collaborate with anyone at all levels of trading.
THE TRUTH ABOUT TRADING! YOU ARE BEING LIED TOO! (MUST WATCH)Are you tired of FURUS lying to you about the "proper way" to trade? Are you tired of screaming manipulation in your trading when you lose a trade that seemed like it could not go wrong? Are you ready to truly understand market direction and psychology?
Then this video is for you.
Many are fed the ideology that retail minded strategies will make them money in the market. They claim trading is easy... that it is designed for YOU to SUCCEED. This is the greatest lie that was ever told in the history of financial markets.
The truth is, you are designed to lose in the market. You are designed to provide liquidity to the institutional market makers. Nothing else. The market is not designed for you to make money. In reality, its quite the opposite.
My favorite slogan is... The News was the reason for market movement..... "Bitcoin fell 1200$ today because Goldman Sachs is canceling their crypto trading desk". These phrases are what feeds the consistent spiral of retail loses and improper strategy. Once you recognize that the market is manipulated, but that you can trade with the manipulation to fill up your own pockets... is the moment you become a profitable trader.
I look forward to sharing more ideas with you in the future,
Trader_Tristan
Bitcoin (BTC) could be heading to new yearly lows, here's why.Good morning everyone,
Here's a quick update on our thoughts about Bitcoin.
Hope you enjoy the video.
Like, comment and follow us if you find this helpful, we really appreciate it!
Axsonex Team
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DISCLAIMER:
Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due-diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page.