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Bitconnect Pumper Trevon James Claims the Bitcoin Price is Going Trevon James has reported that to the reporter that, notwithstanding, the maker had as of late observed a portion of his accounts for their entertainment regard. To the degree YouTube characters go, James is doubtlessly not the most exceedingly terrible, and his 120,000 supporters on that stage show it. Here he is in January, not a long time before the drapery truly began to close on the BitConnect scheme, talking about it. By then he was at the same time defending BCC and its executives, saying that “in case they expected to deceive” they could have as of late left with everything starting at now. Note this is actually what BitConnect did sometime in the future. Crypto online networking identity Trevon James, who was personally associated with the advancement of the HYIP conspire BitConnect, which inevitably prompted law implementation and legitimate activity, says, in his unbounded shrewdness, that the Bitcoin cost will be at $0 in ten years. James’ YouTube channel often highlights him driving around his neighborhood in Florida, looking at putting resources into digital currencies and stages he likes to utilize, the vast majority of which have some type of associate program from which the advantages. He every so often does giveaways and things of that nature.………… News Source: TheCoinRepublic
BITSTAMP:BTCUSD
by TheCoinRepublic
BTC DUMP - BTC to 9200 USD - August News As we have checked the next prediction Bitcoin is going to 9200 USD in upcoming days. Bitcoin will recover to 11500 USD on 19 August Again. So this is a good opportunity for all those people who are going to hold Bitcoin at a cheap price. Meterqubes is giving them an opportunity via a trading view to hold when the price goes down. Here is some clear news that we have a draw line for the bottom of the dump which is clearly 9200 USD. 19 August again the price will be 11500 USD. So you can sell at the price of 11500 USD. Which is clearly mentioned in a graph too. Means 2300 USD Profit on 19 August. Follow for more news Meterqubes meterqubes.io .
COINBASE:BTCUSDShort
by TradingExpert02
Bitcoin Prices slide as Bart Simpson rears his headIt has come to reports that the prices of Bitcoin have descended below $11,500 this Wednesday. The pattern has taken the shape of the fictional character Bart Simpson's head. The predominant cryptocurrency had gone past $12000 but there was an abrupt descend only hours later from that. It rose high to $12,145 and slid down to $11,438 in that very afternoon. The unwelcoming pattern of Bart's head, as so it has been named after the fictional character, Bart Simpson. It has, consequently, driven the crypto market to decay. The crypto industry had to incur a severe market sell-off. It is learned that newly-published research has affirmed that Bitcoin and crypto-currencies have led to the formation of an inverse correlation with the S&P 500. Nevertheless, it is also being noticed that both stock and crypto markets are in risk now. Bitcoin has come down by 0.55%. the Dow Jones industrial average loses 0.53% and the S and P sliding 0.31% for the day. The profits, it is learned, were to relinquish them in a vicious sell-off only hours later to the gains. Structure of Bart's head wrecks havoc on the crypto domain Bitcoin had to suffer a huge loss by the unwelcoming Bart Simpson technical pattern. This pattern is consistently unwelcoming because the price spikes trade sideways and then swerve low to the point of collapse which is its original level. It has been named the "Bart" formation by the armchair traders as the pattern of lines are reminiscent of the head of Bart Simpson which is analogously spiked. This is a very rare occasion for the crypto traders but whenever it rears it's head then it is because there are manipulators striving to exploit the market at the expense of retail traders. This pattern is heavily detrimental to the crypto market and hence intimidating to the operators of the market. The crypto market is operated under strict vigils and therefore, such forebodings are hard to sense and fortunately rare for this very reason. However, the stalwartz associated with the industry are devising ways to have riddance of such havocs, keeping in mind that no more losses or taints are caused to the market. It is also learned that preventive measures would be taken so that they can out-maneuver every kind of prospective threats. Speculatively, the security on technological terms would be strengthened even more. News Source: TheCoinRepublic
BITFINEX:BTCUSD
by TheCoinRepublic
1
BITCOIN - Really Strong Resistance!Today, BTC price got a movement upwards and currently, it is slightly above the one of the round number $5,500. The price approaching the major upwards target area which is the blue box. Finally, we can make and count some of the reversal/target criteria which could be a starting point to make a little correction downwards. Target criteria because, if you are short-term long on BTC then this area should be the profit taking area. Several price action criteria matching each other in one area and soon we can find out, do this area works as a strong resistance or not because this area plays a very important role on mid-term perspective or even a long-term perspective. Major criteria: 1. Fibonacci retracement levels inside the blue box: - 38% retracement level: pulled from the 2018 May high to the 2018 low point. - 61.8% golden ratio: pulled from the 2018 September high to the 2018 low point. Those levels matching with each other and those retracement levels should act as pretty strong resistance levels. 2. Orange lines just below the $5,800 are the major support levels from the past year but now, they should start to work as resistance levels and again, they are on the blue box. 3. The upward channel upper trendline (blue line) third touch is exactly in this blue area. Individually it is not the tradeable criterion but again, it is on the blue box where those all comes together in one area and together they can make some impact on the price. Subjective criteria: 4. Slight RSI Divergence on the 4H but also on the 1H, compared with the first higher high on the graph. 5. Fibonacci extensions 6. Some sloppy chart patterns target area is the blue box - a breakout from the smaller ascending channel and a breakout from a bit sloppy Inverted Head & Shoulders targets. 7. Altcoins are on the plus side but not so deep. They reacted to this move but too slowly and this could be a little sign that only BTC gets "pumped". So, we have three major criteria and 4 a bit subjective criteria which support that area, that blue box area at $5,700-$5,850. If the price reaches into to the mentioned box, then look at altcoins, if they are still stable (not on the deep plus side) then it would be another confirmation which will drive the price back downwards. If you are on the short-term long position then this area should be definitely the place where you have to consider to take some profits because the resistance is pretty strong. If the price reaches into the blue box, then I start to make more frequent updates and maybe we can catch some bearish candlestick pattern to get more confirmations. Support my idea post by hitting the "LIKE" button, it is my only fee from You! Have a nice day, Best regards! *This information is not a recommendation to buy or sell, it is used for educational purposes only!
COINBASE:BTCUSD
by VaidoVeek
14
BITCOIN (BTC/USD) - Strong Resistance!Over the weekend the price has slowly increased and it has started to approach our major resistance area around $5,250-$5,300. Actually, we can make even a wider rejection box because currently, the price is on the pretty strong resistance level at $5,180. This area was recently a strong support level and now it has started to work as resistance but still, I think the $5,300 plays a significant role in the price structure. There meet several price action criteria which all should work as resistance levels and it would be difficult to crack it. $5,250-$5,300 rejection criteria: 1. Fibonacci retracement golden ratio 62% 2. Small wave Fibonacci extension 3. Equal ABC waves end in this box. 4. Bigger channel (blue trendlines) middle trendline starts to work as a resistance . As you see, it has been before a support level and also a resistance level. 5. The black channel trendline projection is in this area and it should work as a resistance. 6. Bear Flag (light green lines) upper trendline is inside this blue box and it should start to work also as a resistance. 7. We have a short-term lower low which indicates that the price may make a correction downwards. A lot of signs and a lot of indications that the price may take a stronger bounce downwards from the blue box or even before it because this $5,180 is a pretty strong resistance. Still, the perfect area where You should look for selling opportunities is the blue area and it would be perfect when the rejection ends with a bearish candlestick pattern on the 4H+ chart. Just in case a bullish confirmation , yes, it is a strong resistance area but it could still get cracked. So, a perfect breakout confirmation would be a 4H candle close above the blue area, it depends on the timing but let's say: a 4H candle close around $5,350 and the breakout should be confirmed! Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You! Have a nice week, Best regards! *This information is not a recommendation to buy or sell, it is used for educational purposes only!
COINBASE:BTCUSD
by VaidoVeek
4
BITCOIN - It Should Make a Pullback but Mid-Term Bias Is BearishThe short-term price structure has changed and probably we could see a correction downwards but not right now. It just looks too strange graph if it starts to go downwards right away, it doesn't match with anything, that's why I think we might see a pullback to the blue box. Yesterday we got a pretty wide candle range - around $500. The bounce downwards came from the round number area $5,500, which was on my upwards target list about a week ago. The price got a bounce downwards from there, it cracked all the major counter trendlines around this area and it made a short-term lower low, price stops at 5k. As you read, then we have a pretty high count of bearish signs from the price action perspective, so, that's why I think that the price has started a little correction downwards BUT firstly, it has to make a pullback upwards. If it starts to drop right away than it would be something ugly because as said before, it just doesn't look correct and the picture is not common if it starts to drop right now but if it starts to drop then it goes like a stone! More likely is a pullback upwards and from there it might take another leg downwards. Target is a little bit deeper, below the 5k levels. Current level support which has to hold to go to the green arrow direction: - Short-term trendlines crossing areas - Round number 5k - Multiple rejections from 5k level - 4H Hammer candlestick pattern. The bounce area might be a bit sloppy because of the drawn subjective trendlines (not precisely from wick to wick). Pullback ends/another leg downwards starts around $5,300, bearish criteria: - Overall bearishness on short-term price action - Bigger channel (blue lines) middle-trendline should work as a resistance - Gray channel upper trendline projection should work as a resistance - Fibonacci golden ratio 62% - Recently worked resistance level at $5,325 Firstly, the price has to reach there and it has to start rising from the current level. This idea becomes invalid if the price breaks lower than the current short-term low $4,900. Please, take a second and support my idea post by hitting the "LIKE" button, it is my only fee from You! Have a nice day, Best regards! *This information is not a recommendation to buy or sell, it is used for educational purposes only!
COINBASE:BTCUSD
by VaidoVeek
9
Bitcoin NEWS - Negative news for Bitcoin (December, 26) - 2018- Large-scale staff reduction at 50% in the company Bitmain - Negative NEWS for Bitcoin (Correction) - Today or Tomorrow we go next bull run. Analysis: Yesterday and Today we have correction for Bitcoin and altcoins. What to expect today? Now complete phase correction and we are left to conclude another boost fall in zone $3700 - $3800 BTC/USD (BITFINEX) = (Next Target $5000-$5500) ETH/USD - Have good support for price $105.55 - $108.88 (Next Target $163-$167) - We completed the correction zone 0.618 FIBO - I'm looking forward to the completion and start of 0.50 FIBO market reversal. ===== NEWS: ===== Months after it filed an application to go public on the Hong Kong Stock Exchange, Beijing-based cryptocurrency mining giant Bitmain is undergoing a series of business changes that extend even to its China offices, the company confirmed Tuesday. “There has been some adjustment to our staff this year as we continue to build a long-term, sustainable and scalable business. A part of that is having to really focus on things that are core to that mission and not things that are auxiliary,” a company representative said in a statement. The discussion of the company cutting off staff first emerged on Maimai, China’s equivalent to LinkedIn, where one anonymous user posted a thread on Dec. 17 asking if anyone had insider information about a possible layoff at Bitmain soon. The post has generated nearly 200 replies since then, some of which came from other users that appear to be verified Bitmain employees on the social network, who indicated the layoffs would start from the week of Dec. 24. “It’s affirmative. The layoff will start next week and involves more than 50 percent of the entire Bitmain’s headcount,” replied one verified Bitmain staff on Maimai to the thread. “Some departments have to be let go entirely,” replied another verified Bitmain employee on the same thread. Currently, some Bitmain employees have already taken to the social network to discuss their respective layoff compensation packages since the week began. An employee from Bitmain’s China offices, who is still with the company and who spoke to CoinDesk under the condition of anonymity, confirmed the mining giant is indeed undergoing layoff at the moment. Since it is still an ongoing process, the source said it’s unclear how many people have been impacted so far and was not able to verify the claim of 50 percent layoff. “But the whole thing certainly couldn’t be handled in just one day given the total number could be large,” the source said, adding: “This is an operational adjustment. Some projects will be entirely gone so it’s hard to calculate a precise percentage at this stage.” The source added this round of operational adjustments has an impact on virtually all business units of Bitmain, including its flagship mining pool product. “It’s not hard to infer which division is suffering the most. Bitmain’s core business is making miners. Other business lines are just blockchain and artificial intelligence,” the source said, implying the firm is having a major revamp on its push into the blockchain and AI field. “There’s also some adjustment on the mining equipment business line. For the firm as a whole, it’s going to reduce redundancy to increase operational efficiency,” the source added. The news makes Bitmain another major industry company that is undergoing reshuffles amid months of cryptocurrency market decline, joining others such as ConsenSys and Steemit. Previously, layoffs were confirmed by Bitmain, but outside of mainland China, where the firm’s core operations are based. However, the source said even without the overall market decline, this round of adjustment was inevitable, due to an extraordinarily fast expansion Bitmain has seen this year. “Now Bitmain has about 3,100 people, even several hundreds more than what was disclosed in the IPO prospectus in September. But there were only about 1,000 people at the beginning of the year,” the source said, adding the growth rate is like two to three times in general. “For some specific business lines, the expansion growth rate could be more than three times,” the source added. Bitmain said also that it is still hiring, despite the layoffs, adding: “As we move into the new year, we will continue to double down on hiring the best talent from a diverse range of backgrounds.” Bitmain CEO Jihan Wu via CoinDesk archives --- NEWS FROM = CoinDesk
BITFINEX:BTCUSDLong
by SergioRichi
4
XEM Being added to Abra causing the pump? And buy the pullback?NEM Gets Added to Abra Abra is known to be one of the most cost-effective digital wallet applications, and getting listed on this payment service provider makes a big deal for any crypto. That is how NEM became a part of a total number of cryptos that are available on Abra digital wallet. NEM has been added a couple of days ago along with four other currencies, which means that all Abra users will now be able to buy and sell NEM, Monero, Verge, NEO, and Lisk. Abra stands for one of the most cost-effective ways of keeping, buying and selling cryptos because this digital wallet app doesn’t ask for a deposit. In addition to this case, Abra also takes no charging fees for the trading of the listed digital assets. Altogether, these features make Abra a pretty desirable crypto service provider. With Abra, all listed coins have, in a way, gained an advantage in oppose to their peers, simply because Abra makes it pretty easy to trade with cryptos, which means that users who are having difficult time finding their way around exchanges, will find Abra pretty easy to use as it is made to be user-friendly ultimately. Simultaneously, NEM, along with other currencies is getting a higher exposure which contributes to the accessibility of the coin. NEM Joins Hands with Paytomat Another great addition to NEM team is the most recent tie-up of Paytomat and XEM coin. Although this conjoining means that NEM will get more on its value; Paytomat has even greater interest in NEM and its technology. In case you haven’t heard about Paytomat, it is a payment service provider specialized in dealing with cryptocurrencies. While NEM is supposed to get a hold of mass adoption with Paytomat, which would consequently increase its value, Paytomat is looking to find a perfect network to support their future ventures. That is how they concluded that NEM makes up for the ideal choice based on what they are looking for in a digital asset. Paytomat is based in Ukraine with Yurii Olentir as the head of the team. As their CEO, Olentir has stated that Paytomat is looking for a platform that would be able to provide fast processing time along with low fees for every transaction made on the platform. In addition to these features, Paytomat is looking for a platform that has a strong dev team behind it as well as a potential for scalable infrastructure. Yurii Olentir also stated that NEM’s features match all the requirements for the venture Paytomat is planning on going through. Further on this matter, Paytomat’s CEO claims that he had used XEM coins for paying for his coffee on one occasion. As he said, this assured him that NEM is ready for the mainstream waters. With this joining of forces, Paytomat should become a more functional platform for making fast transactions while NEM will get to enter a new phase of mass adoption. How is NEM doing at the Current Moment? NEM (XEM) is following up with the current trend in the market, which means that this coin is being traded in the green against the dollar, along with the majority of other currencies. Dealing among top 20 cryptos with the ranking of the 14th best currency according to the global coin ranking list, XEM had another rise today, trading up in the green against the dollar by 4.30%. In addition to this rise, XEM is also going up against BTC, which means that this coin is doing slightly better in the market at the current mo
XLong
by MikeCesSr
Shocking, Secret Facts. Part IIIExtremely important, understand this and read it. Secrets will be revealed, entries will be shown, instructions will be provided, real theories are explained. Market is important lets look a this. 2018 hit and the crypto market cap was at an all time high, of course we expected a retrace to then consolidate. January the 8th the Crypto market cap was 813 billion dollars will a daily volume of over 44 billion dollars. April 2017 prior to this there was as little as 30 billion dollars in this space and a daily volume of less then 500 million. Currently where the crypto market cap stands as of today is is 374 billion dollars with a daily volume of 15 billion dollars. As you can see the daily volume now is 1 third of what we had at the start of the year. The entire industry has had 500 billion dollars fall out of it in just as little as 60 days. This recovery doesn’t happen over night, when the BTC falls this will raise hundreds of billions of dollars back into the market. However we expect the market to trend sideways for months on end before we may see another wild event like the last couple of months last year where we were achieving amazing figures. We need to be clear on BTC is not a market, yes it holds the most dominance in the market of around 45% but the market is crypto. If your doing a TA based of strength on BTC you would overlay the crypto market chart and see that ALL strength indicators are saying we are going down, this is evident. We have lost 60% of capital from a market, there will be many of you with portfolios down 60% because you bought the hyped up high last year. Will you by holding YES but what a long road ahead you have. Now lets take a good look at BTC, where we were before the bull run, it all started on November the 6th at a price of $6,922 we then rallied for a solid 2 months and reached all time highs that are going to be seen and beaten again this year. The we needed to retrace and consolidate, we knew this but we didn't expect the below. The 6th of February the closing price was the exact same price as when we started the rally in 2017 on the 6th of Nov. You will see this circled in PURPLE. This means that bitcoin was dumped to the dollar like a glorified pump and dump. Very odd I must add that both times its been on the 6th of the month 1 more 6 and will be the devils game. Now you will see circled in red where we have spiked down to the 6K mark where it was oversold and spiked Right now all the action lays in the middle of the blue lines this is the channel BTC may trade in for days or weeks before making its next break. The bottom blue line is a strong line of support that we will bounce from and the top blue line is strong resistance in the middle of these you have the 200EMA and above (green line) the .618 fib. Until we break these blue lines we don’t have a clear direction on moments. If we break high we need volume and as you’ve seen we’ve lost $500 billion in volume. Breaking low is the clearest direct we can go, but if this was me going to short from here I wouldn’t sell until the blue line is broken and I would re-buy at the red line which is the base we found at start of trend and the closing price of last 6k dip. Anything below there carries risk. I am not going to short, you will see below in related articles on what I will be doing which I feel is much safer as the BTC there is too much hype. Its where all the eyes are and people are missing what will happen in the background of this mess. I had someone mention today on my XEM post about a coin looking bullish and he was under impression we are not in a bearish market. A coin is not a market the market is crypto and if you step back and look at the market we are doing down. I hope This this helps educate. In related articles is XEM thread also, we must understand a market to know strength. Cash Is King, check out my other BTC posts for some cash making strategies.
BITFINEX:BTCUSD
by Cash-is-King
7
Updated Bitcoin Chart: 45% TradeREAD READ READ Here is my updated Bitcoin Chart: 45% Trade Opportunity Timeframe unkown For those that have been with me on the previous trade, you have known that we shorted bitcoin near the 11,000 levels (chart was posted earlier, however). Currently still an active trade. I will close short at 9500 levels safely and watch the key levels between 9500-7860 keenly, and consider going long at 9300, and 7900 levels. I may use a weighted cost average between the two, depending on price movement at the given price. Entry: 7860 Stop Loss: 7200 Target Profit: 13700 I believe the price will consolidate around the 9300 levels for a couple day timespan, and then continue dropping to our target entry points. History has the potential to repeat itself and I would see this as a medium risk trade. In the past, bitcoin had retraced from BTC High in June, and corrected itself in a full retracement to the near 3000 levels. After so, it continued to pass the Fibonacci going for 261.8% retracement levels. After, it had then dipped down to the 161.8% levels, and surely bouncing and rising yet again. As you guys can see, the fib retracement has been very accurate thus far. Currently, following this trend, bitcoin had passed through a full retracement from 7800 levels previous to 5600 levels. Thus far, bitcoin had retraced and passed through the 161.8% and 261.8% retracement levels. In conclusion, I see a potential buy opportunity on a bounce to the 161.8% fib level. We will watch closer as the price dials in to see if we can find more technical analysis. Happy Trading to you all.
COINBASE:BTCUSDLong
by cryptj