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Bitcoinscenarios

Perfect bitcoin trend analysis for correction following 17kBased on bitcoins previous corrections we can easily and precisely find the location of our current correction. Although this is being posted prior to bitcoin reaching its ultimate bottom investing now would still be worth while. As you can see the next bottom point following the current, and passed correction is at the same angle. Thus a line is shared among both of them. Please share this with your piers as I bealive this is the answer to investing on our current correction.
BITSTAMP:BTCUSD
by BrokerNorthrup
6
Is Bitcoin heading lower? (short term)Okay, so first I should say that I am still very bullish on BTC long term, I am just talking short-term movements here. There was a massive drop in price yesterday followed by a recovery of about 50%, but was that just a dead cat bounce? Will BTC rollover from here and head lower in the short term? To me there looks to be pretty good support between $9400 and $9800 but IMO if we break the $9400 level we could go down to the $8200 to $8400 area.
BITFINEX:BTCUSDLong
by Bigsky_Crypto
3
Bitcoin and Litecoin Price CorrelationThere still seems to be a lot of correlation in the prices of Bitcoin and Litecoin, I am pretty sure the same would be true for Ethereum as well. I am not really sure why this is the case unless it is just that people are buying and selling the major coins and tokens based off of what Bitcoin does, but to me, that seems kind of strange. I know Bitcoin is used to make other purchases, so people buy Bitcoin (increasing the buying pressure), then use that Bitcoin to pay for other coins and tokens (so in a sense you are selling Bitcoin, increasing the selling pressure). It seems to me like if there were a lot of people buying Litecoin with Bitcoin, the price of Litecoin would be increasing but shouldn't the price of Bitcoin be inverse of Litecoin? I know also there are a lot of other transactions with other coins and tokens going on at the same time so that has to be affecting the price also. Most likely I am missing something really obvious and I am not really sure why I care but it just seems really interesting to me. If anyone has an idea why this is the case I would appreciate if you would let me know your thoughts.
COINBASE:LTCUSDLong
by Bigsky_Crypto
3
Bitcoin 9.11 Hey everyone, Yesterday As I published Bitcoin was closed to $7900 and as expected fall down that's why I always tell you to pay attention when you purchase Cryptocoins, Today I see a divergence on the oscillators that don't confirm the Bitcoin rally it's for a very short-term correction soon will start making a correction upside and the volume keeps on increasing. I recommend purchasing again when it will be on 6950 USD as I see at the moment if there will be a change I will update. Cause It can save you a lot of money in the future. I got a lot of messages last night about analysing Bitcoin, sorry if I didn't reply, I'm trying to give an answer to each and everyone so please understand me I wish I could reply all of you at the same time.
COINBASE:BTCUSDLong
by LeoAbramovich
2
Bitcoin Fibs for Target $10,000 by Jan-20 and Nov-5 target $7000These are my Bitcoin Fibs for Target $10,000 considering our recent level at $5800-5900 is considered a resistance level that will be no more than 61% retrace after hitting $10k. I'm hesitant to state that we may break out of the current Pitchfork. We're near the upper edge now and if we to break out, we could really move up and I may have to update my pitchfork again in a month or two after we see the new trendline emerge. Being that we're near the top of the pitchfork, we may go sideways and slowly upward for a bit with a slow increase until Jan-20th where we could still be near or around the $10,000 mark if we stay in the upper level (unlikely). Alternately, we may still bounce around between the top and bottom of the pitchfork until January and could hit a high of $8-10k while staying in the current pitchfork. If we break above the pitchfork (I'm kind of thinking we will, which means the future will be uncertain. Great but uncertain and could get more volatile for a month or two after a rapid rise. If we drop within the current pitchfork, currently we could see numbers as low as $3000-3600, but I'm doubtful that we will fall that far without some major event causing a flash-crash. I feel we are very much on track for a November 5th target of $7000 coming to fruition and if this target is hit, we could see a rapid rally out of the top of the pitchfork, possibly jumping another $1000 to $8000 within a 24 hour period after that.
BITFINEX:BTCUSDLong
by Tin.Foil
Bitcoin 1h Bout To Get Loose Bitcoin 1h lookin bullish AF right now: - Consolidating at the end of an ascending triangle - Kumo twist - Kijun sen cross - B bands tightening Higher time frame charts look pretty dank also. What more do you fucking want? Conversely, a downward break out of the ascending triangle would likely head for the flat top kumo exactly at the $5500 mark, with the kijun sen and bottom of the kumo lining up in the 5450 range to provide additional support. Find me on twitter for more charts, etc. @altcoinpapi
BITMEX:BTCUSD.PLong
by altcoinpapi
1
Market might collapse as Chinese government stops all BTC TradesHey Guys, Due to the trading and exchange problems occurring in China (possibly due to their presidential elections next month), the market is facing lack the volume and strength. I feel the whale money is being taken out of market hence the chances of collision have increased. Recent EMA point, Low volume, and many other factors shows us BTC is not going for all time high as it has to go back to take support and rebuild its strength. Its not the best time to invest and wait until BTC rebuilds its strength and be where it should be. However, once the whole political scenario is settled, we will observe a very strong growth as shown in the graph. Feel free to express your views and discuss on the same. Happy Trading :) .
by forayushshah
[BTC/USDT] Crucial levels 20:1 risk rewardThe graph starts early this year, so here we observe a very long sampling described by the EMA(50). Judging the high ATR and the staying of the RSI in the oversold position forms a very good recipe for an interesting week. Observe the pennant in the next week, if price crosses up that's the buy signal, place a stop order above the highest of the previous day(following your own risk rules - I suggest 1 or 2% max cap). Use the fib level as sell target, if it breaks up, a movement up to the $4900-$5000 regions is expected. Market is just recovering from another "possible" "China Ban".
Long
by spectertrading