History repeats itself.Real Bitcoin all the time bullish long-term. Looking at the history, the chart and moving averages look similar.
BSVUSD
$BSVUSD Has an issue with Mystery Miners?? FIAT Vol is up 40%!BSV has an issue with Mystery Miners
A retreat through 170 is possible!
Volume is DOWN
Mkt Cap is DOWN
FIAT Vol is up by 40.5% move out to USD!!
What is going on with BSV??
Bitcoin SV (BSV) - June 14Hello?
Dear Traders, Nice to meet you.
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We need to make sure we can get support at 181.000.
You should also check if you can climb above the 192.730 point.
If it falls, you need to make sure you get support at 172.910 or 50EMA on the 1W chart.
The important section of BSV is 214.210~237.390.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
Bitcoin SV (BSV) - June 7Good morning?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
You need to make sure you can get support at 192.730.
I think it is important to know whether you can rise to the important section, 214.210~237.390.
Since the bollinger bands have started converging, movement is expected within a few days.
It is expected that there will be a movement accompanied by a strong volume.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
BSVBTC not a terrible investment compared to BTCInvesting in this coin would not have procured you a bigger loss compared to investing in BTC. Except TA now are weak. We can see that BSV trades in ranges. Currently it is sitting on the support of the upper range and clearly following the ichimoku cloud to the twist. RSI and MACD are bearish. Volume is dropping. If I was a financial advisor, which definitely I am not, I would advise selling into cash or BTC at this moment and buying BSV later at 50% discount.
Cryptogame - The Halving ParadoxHi everyone,
I hope you are all fine and doing well.
Bitcoin's next halving date is expected to be in around a month's time. Naturally, everyone is expecting the price to go up, and there are a lot of "famous Bitcoin celebrities" saying that Bitcoin will go to 15k, 20k, or even 100k within a few months to years.
Let's look at Bitcoin's history and the history of other "famous" coins with recent pre- and post halving reactions and price actions.
Price rose after the first halving, but took a slight dip after the second halving. The third halving is now. BUT, we are now in a recession, and this is a very big one as well.
Now, let's take a look at other famous coins which undergo similar halving events. Most importantly, Litecoin in August 2019. Notice that the halving only lead to a rise AFTER Litecoin had already fallen post Facebook's Libra fiasco, i.e. Elliot Wave B, which is clearly seen here.
Litecoin:
Now most recently, we have BCH and BSV....
Bitcoin Cash:
Bitcoin Satoshi Vision:
One rule applied in all cases here. BUY THE RUMOUR, SELL THE NEWS!
Historically this rule has worked every time! From December 2017 CBOE and CME Bitcoin Futures listing, to Facebook's Libra announcement date in June 2019, and now the "halving event". However, there is catch here. COVID-19 induced economic crisis. And this one is a very big one. World's governments know this very well and are spending their so-called trillions of dollars, euros, pounds or whatever currencies that they can print to buy the loans which will never be paid back and create a false sense of security and hope. There will be issues with liquidity, and BITCOIN is NOT SAFE when there are liquidity problems. Check 12-13 March 2020 charts for reference.
Ask yourself this question, on the background of job losses, business closures, a lingering deadly viral infection, would you spend money on things that you do not need at this time? Would you go on a vacation to a country where you do not know the healthcare system, taking the risk that you or a loved one may possibly become unwell and get hospitalised, and in the worst case scenario may have to use a ventilator (one of the possible extreme outcomes). Would you buy a new car right now? Would you go to the cinema with your kids to watch a family movie?
Think again.
Bitcoin is no store of value at this time. Especially when you find after waking up in the morning that you have lost $2500 per Bitcoin as a surprise.
Stay safe... and make a decision you can stand by! Do not be fooled by rallies you are looking at right now based on the so-called economic stimulus. For reference, watch movies like Margin Call and The Big Short based on the housing crisis era of 2008. The same economic stimulus happened in 2007-2008, and everything continued to decline for a further 12-24 months. This one is way bigger than the 2008 crisis. Consumer spending will be less.
Bitcoin requires $18 million a day just to stay at the same price level. There is a limit to what can be pumped in a bullish economy... and right now, the economy is not bullish to say the least.
Bitcoin SV (BSV) - May 24Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Points to be supported: 192.730 points
It is located between 1M 5EMA ~ 50EMA.
If you do it at 192.730, you are likely to touch the 17EMA 1010 or 50EMA on the 1W chart.
You need to make sure you can ascend to the critical section, 214.210 to 237.390.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
BSVUSDIchimoku painting a different story, to my prior chart. Kumo with flattened top. This could see a possible edge to edge of the kumo on the daily. The 4hr has broken out from the cloud. Not advice.
Bitcoin SV (BSV) - May 18Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me. ("Like" gives me the power to post charts.)
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
We need to make sure we can get support at 181.000.
You should also check if you can climb above the 192.730 point.
I think the most important thing is to be able to get support by rising into the important section of 214.210 ~ 217.190.
However, as I explained in the Bitcoin chart (BTC1!, XBTUSD), I think you need to pay special attention to trading.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section where purchase is possible to generate profits as a support point or section
There was no death cross.The classic combination of moving averages 200 and 50 shows the market reflection. The situation is even more evident when using the 210 and 30 averages, which are often used in classic markets.
BIG POTENTIAL IN BITCOIN SV .. When we look at the Bitcoin SV monthly chart, we can clearly see that similar movements are repeated throughout the market cycle, as well as these movements are repetitive, they also show a temporal symmetry, and the similarity is quite surprising..
In my opinion, we will see again the same fractals that have occurred in BSV from past to present. I think Bitcoin SV will bottom up at $ 125 like mid-August and first week of September and then will go up to a minimum of $ 800, we will wait and see..
I think BSV can be the champion of bull rally..
Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
BIG POTENTIAL IN BITCOIN SV .. When we look at the Bitcoin SV monthly chart, we can clearly see that similar movements are repeated throughout the market cycle, as well as these movements are repetitive, they also show a temporal symmetry, and the similarity is quite surprising..
In my opinion, we will see again the same fractals that have occurred in BSV from past to present. I think Bitcoin SV will bottom up at $ 125 like mid-August and first week of September and then will go up to a minimum of $ 800, we will wait and see..
I think BSV can be the champion of bull rally..
Disclaimer: What I wrote is not investment advice.. Please do your own due diligence when it comes to crypto-investing.. Never put in money that you cannot afford to lose.. Invest at your own risk..
I wish you all the best..
Bitcoin SV (BSV) - May 10Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
Bitcoin Halving has about 3 days left.
I think it is necessary to prepare for the sudden movement of BTC.
You should get support at 192.730.
You need to make sure you can ascend to the critical section, 214.210 to 237.390.
If you can rise above the uptrend line (1), I think there is a possibility to touch the 287.380 ~ 318.580 section.
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Rather than deciding to which point it will rise, I hope now that we can decide where to keep our profits and losses and close the upward trend with good results.
----------------------------------------
See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
BSV/USD Ascending TriangleBSV/USD uptrend to all time high, Target prices is red line.
i calculate with fibonacci relationship. SL on 190.000 usd.
Bitcoin SV (BSV) - May 2Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
We will try to reciprocate with better information.
By "following" you can always get new information quickly.
Thank you for always supporting.
--------------------------------------
We are on the rise, supported by the uptrend line (1).
It is necessary to check whether it is possible to rise above the important section of 214.210 ~ 237.390.
----------------------------------------------
Bitcoin Halving has about 12 days left.
----------------------------------------
See support, resistance, and abbreviation points.
Support or resistance is based on the closing price on the 1D chart.
Description of abbreviations shown in chart
R: Resistance point or section, where a counter is needed to preserve revenue
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
BSVUSD - Important Weekly chart))Yesterday, I posted a DAILY analysis. Today, looking at the WEEKLY chart BSV bulls are weak right now. Prolly many people placing puts and limit orders all over the place. I think it is going to go down about 30-50$ . A big possibility that the new weekly candle will be a bearish one . Please do not close your trades . Look to manage your position. I personally removed 25% of my trade from. In case it goes lower I can place that 25% back in. If it goes higher well I still have 75% left. I won’t stress of missing out. Then when the price returned in can get back in. Reducing my risk exposure. I think having a trade and money management system allows me to trade with less stress, and base my decisions on probability.
BSV looking oklooking ok. we need t push through 400 and bash through 500. growth arch is acting as resistance and support.
a retest of 155 on a drop before halving of BTC might happen before we see upward momentum
BSV @ current Price and Time. These next couple of days will be very important. Maybe in 24-72 hours some move will happen to spark another move into that direction. It’ll breakout towards one side and possibly continue for +-30$. Be ready no matter what side you’re on. The High volume is overdue, it’s been too quiet. Let’s see who wins. I believe it will go down. But I may be wrong. Just an opinion to be honest.
QAnon Talks about BSVIf you know who this is, think about the global significance of BSV.
For those who do not know what's going on:
PATRIOTS IN CONTROL: Q, The Fed, Money, & The Plan To Save The World
www.youtube.com
BE READY FOR THE HUGE INCREASE AT BTC 8.3K TARGET! HALVING.. ANDexpecting that the binanace whales can enter any moment the BTC rage market. we see every year same effect at month 05, and as now halving on way, expecting btc will explode to 8.3k + Target.
---> some users waiting for 4 and 5K trend, i can understand that, but as i did add in my before post, i dont think we will hit this again for next time ( this is not an advice, everting is possible, but i dont expect that.
personaly ready for the new huge increase at bitcoin, i did expect before 7800 usd, and did call this since time ago, THE NEW START OF BULLRUN 2020!
and yes i still believe, that this are the start of bullrun 2020.
More updates coming.
Have good time!
LONG - BSV - Trading OpportunityFTX:BSVPERP has yet to make a move, even with BTC's pump along with all the other perpetual contracts along with it. This MA50 seems like the perfect opportunity to get in before the ride.
Entry: 193.52
Target 1: 210
Target 2: 220
SL: 184.59
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