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BTCUSD - Pay Attention, Stay Calm, Spend Money !!!Hello everyone, I am trying to give a hand to others that could be stuck in indecision. Consider that anything is possible, check the end of the last 4 months(Options), check the indicators(Divergence), check support zones, check Rising Wedge. Trust True Intuition Take(Do not Pay) Attention to fibb retracements, resistance zones, buying interest, volumes and the last show for this Bull Run, which could be near. Consider it, This is not just a trading advice, St. Gex
BITSTAMP:BTCUSD
by StGex
3
BTC/USDT | Potential Upward Movement 🚀🚀🚀BTC/USDT | Potential Upward Movement 🚀 🔨 Technical Analysis: The bitcoin price is trading inside a bullish ascending channel formation which shows that we are in a clear uptrend. A lower correction might be seen soon to the area of confluence. This zone is made of a daily support and a 61.80% Fibonacci retracement level. After the bounce at this area, we could see the price rallying upward again. ------------------------------------------------------------------------------------- Trade Idea: Buy Limit Order @ 57764 Take Profit @ 59608 Stop Loss @ 56961 Trade Safely 🙂
Long
by Forex-Robot-Nation
Bitcoin Possible Rallying Scenario 🚀 🚀 🚀A quick analysis on BTC/USDT using the daily and 4 hour time frame. The price managed to break the bullish flag and now is trading near a strong resistance. More about the analysis in the video 🙂 ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
Long
by CollegeofPips
Bitcoin to 70,000 Next!Agree with bitcoin or not I want to state some facts here that are indisputable: 1. Bitcoin can never replace a currency with a central bank as a medium of exchange in our current economic system because it doesn't have an expandable supply. You can look at an increasing money supply in two ways - 1) It devalues savings, creates inflation and everything else we hear about, but 2) The devaluing of savings encourages as much spending as possible and we know from economics that spending must equal income in the economy, so it results in great economic growth. It devalues debt over time, making debt easier to pay in the long run, it creates room in the price for increased employment or investment in capital. Now aside from looking at an expandable money supply in a negative vs positive light, the Federal Reserve's mandate from congress is to ensure price/market stability (not stocks, but all markets such as money markets, job markets, etc...). So over time they've developed tools, most recently the widespread use of the Repo Market/Lender of Last Resort after the 08 GFC. Most of the assets held by firms in 08 were long term debt like mortgages and the problem was that the profit would be realized much later down the line, so when selling these assets, they would sell at a discount, crashing markets. The Federal Reserve now steps in and exchanges these assets for cash to the bank to operate. If the bank's default, the Fed has assets to back the cash. This is what they do permanently through QE, instead of lending, they buy these assets to keep the loanable funds of banks at their target interest rates. This is just an example of how an expandable supply can help the economy in the short run. Back in the 1929 depression, we found it hard to get back to full employment, it was a 10 year depression basically caused by the inability of the government to effect policy that could help the economy move. With bitcoin we would see economic hardship last much longer, not to mention an initial decrease in the standard of living. 2. My next argument for bitcoin is that you have to remember nothing is inherently valuable because something is only worth what the next person is willing to pay for it. If water was scarce it would cost millions for a few bottles, so it all depends on so many factors, least of all intrinsic value. So bitcoin will keep rising as long as people are willing to buy it and why would they continue buying it? Well it can be used reasonably anonymously, low risk of being stolen, quick transfer times, low fees, virtual and more. 3. The last thing that people don't quite get is that any market, stock market, forex market are determined based off supply and demand. With currencies the supply is expanding/contracting regularly, but with bitcoin it's consistently contracting versus the USD it's valued against which is always moving. So eventually bitcoin's supply will be so limited that's it's only going to get more volatile over time because of the low liquidity at each price. It's far easier now for Bitcoin to move from 54k to 100k than it was for BTC to initially move from 3k to 20k. This lasts as long as the USD remains weak overall and people's demand for BTC consistently outweighs the supply...
COINBASE:BTCUSDLong
by UnknownUnicorn15362357
Bitcoin : The Rocket Is Ready to be Launched Again 🚀🚀🚀💡 Trade Idea 📈 Buy Order BTC/USDT @ 50810.03 🎯 Target Profit 53808.27 🛑 Stop Loss 49314.50 ❌ Do not risk more than 1 % of your account on each trade 🙂 Good Luck ! Description: The price yesterday tumbled with a huge selloff toward the daily key level @ 48124.65. The price posted a fake breakout with a form of double bottom. Currently, the price is bouncing on the neckline of the double bottom which might lead to a move upward to the 53808.27 level. ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
Long
by CollegeofPips
9
Bitcoin A High Probability to Reach the 57212 Level 🚀🚀🚀 A quick analysis on Bitcoin by using the Elliott Wave Theory. Have a look on the video to see where most probably the price of Bitcoin might reach. 🙂 ------------------------------------------------------------------------------------- Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
Long
by CollegeofPips
6
Bitcoin : What Is Next ? 🚀 🚀 🚀 Please press “Like” if you appreciate the trading idea 👍 “Follow” for more trading ideas in the future 👀 “Comment” below to share your thoughts with us and other traders 👥 ------------------------------------------------------------------------------------- Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
Long
by CollegeofPips
1
BTCUSD: 50|50 or best trading plan (08.10.2020)At the moment, the price has formed a triangle correction model. The key resistance level is at 10830. The key support level is at 10530. Based on the market statement and the probability of price movement, you should tune in to a possible false breakout of the level 10830; in this case, you should immediately turn short at 10530. With an adequate situation, and in case of growth, you should buy at 10830 with a stop loss at 10530.
BITFINEX:BTCUSD
by QubitLife
1