Get started

BTCKRW

btcusd Tether fake pumps bursting Tether Bubble bursts will most possibly continue. Bursting bubbles usually brings price below the values when pump started. $700Million Tether were "printed" between January and November 2017 omniexplorer.info $700Million fake Tether coins pumped only in December 2017 pushing price from 8000 to 20000. Next $700Million were in January 2018 trying to hold the bubble at least above 10000 omniexplorer.info If 7500 Buttom holds we will reach 15000 till August In case $6500 bottom would be the minimum, then 10000 would be available in August But I am pessimistic that the worst case would be with $4000 as minimum, which is corresponding the real price of bitcoin without tether pumps This is then a normal linear grow and no more parabolic but still 10% per Month, which is huge in compare to any stock in usual markets and forex.
BITFINEX:BTCUSDShort
by viparmenia
My new year resolution for 2018 is to buy more Bitcoin!Let's log this chart and take a look at what BTC did before it became mainstream, and how far we could potenially go in 2018! I have waited a long time for this, but yes, Bitcoin has become mainstream! Fundamentally Everybody around me is talking about crypto now, and not only Bitcoin. More and more are engaging slowly with the space. Now this happened before last bubble bursted as well, but, fundamentals have changed for the better and I still see room for growth! People now are trusting the technology, maybe not the majority of old people, but millenials are really embracing cryptocurrency! The masses have finally realized all the amazing technological improvements crypto brings to the table :D What's also very important to look at is the BTC dominance in marketshare. Right now it's at 35.7% . It was just at ATL. Over time this will keep happening as more and more coins gets added to coinmarketcap.com (I am taking my numbers from there) . However, it shows me two things. One , that BTC has underperformed the market in the last weeks, which is a bullish sign for short term. And two , that its far from impossible for BTC to go above 20k. We have had some insane percentage gains on some of the few big ones already. So, lets see whats the latest surrounding Bitcoin. The big one today is Zuckerberg post! It looks like he will dedicate 2018 to look into crypto and how it can be used to Facebook and their services. Now this takes minimum a long time, and not even guaranteed that it will be Bitcoin when the time comes. But it's big for the cryptospace when people like Zuckerberg comes out with statements like this. It legitimizes the techology, makes it more attractive. I also see a post about a quote from Google CEO , no idea why that got so much attention. Quote is like a couple years old and dont even know if its legit.. The huge problem with Bitcoin right now is that its barely usable and very expensive to do so. We need lightning, we need atomic swaps. Here is an interesting tweet from Jameson Lopp. But as long as Bitcoin is unusable, it's crown will get weaker and weaker. Technical This is a very long term chart. It's on the 1W, and its on log. You can see I have calculated the percentage increase from the entire last major bullrun. It turned out to be 22,900% . If I go by 230 USD as the low for this bullrun, I get 52,900 USD on a 22,900% increase. There is also the 2.618 fib at 51k , so would be a place with heavy resistance. Could history repeat itself? It's hard to say, but BTC is in my portfolio, and I will keep updating this idea through all 2018 :)
BITSTAMP:BTCUSDLong
by Kryptokelly
51
Bitcoin FUD Is Over. Prepare To LONG!Three bullish signs: - MACD 4h about to cross up. - Godmode indicator also about to cross up. - RSI higly oversold and about to break that line upwards. Also the last few days have been nothing but senseless FUD. If Korea closes or breaks down on exchanges, users will just move somewhere else. That's why BNB (Binance Coin) has been pumping lately I think. Price action is also locked into a channel. Next TP is around 34000000. Good luck!
BLong
by CoinMajesty
12
BTCUSD Descending Triangle Breakout + PennantThis broke on the upside. I would take caution as the Descending Triangle is generally a bearish pattern. I guess the triple bottom at 3, 4 and 6, or A and C of ABC elliot wave correction attracted some buyers and buy volume came in. Descending triangle generally means demand for an asset is weakening as price fails to establish higher highs. Price crossed 50, 100, and 200 Moving Averages. Will wait for more bullish movement or break of pennant to open position, preferably close above 16k or B/5
BITSTAMP:BTCUSDLong
by JCBCrypto
BTC <10K or >30K, Key Levels and TrendsTake a look at the chart. I see 2 possible scenarios playing out. 1. ABC Correction. we can be moving downwards in wave C and be heading to next support around 9K. This would be good as we would close our position and get ready to re-enter as we catch the bottom and see bearish exhaustion and ride Elliot wave 12345 upwards, as cycle starts. This should go to 25K-40K, yes, range is wide, but I will not give specific targets if I do not know them. 2. Double bottomish bounce. If we look beforehand, we can see all correctional cycles do not bounce one, we could possibly have bounced on 2nd one and be heading towards downtrend line. If bull is rejected on downtrend line, we will see further downward movement. If bull breaks through downtrend line to upside, we will buy and open long trades, as we should see a rally.
BITSTAMP:BTCUSDLong
by JCBCrypto
4
BTC Diamonds are Back!Once again have a near to perfect setup for an ABCD pattern! Therefore, IF 12,900 is truly the bottom of this leg, we should see a leg up to 15,000-15,500 none the less. IF BTC fails to break past 15,500 there is a very good chance BTC could turn into a 3 drive pattern. This could take us down into the 12,000 range before finding possible support. One thing to consider is that BTC Futures is just around the corner. Making this market very unpredictable especially at these record highs. We have been very blessed this last month, but every once in a while we come back in touch with reality. Winter is coming, the only question is when. I wish you all luck & please trade carefully! DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal.
by oh92
1
Even gravity don't apply to Bitcoin? I just don't buy the story.Hello everyone, this is JoE. I'm going to short this real hard, 3 red boxes are targets I'm aiming for. BUT, don't get me wrong, I'm bullish on Bitcoin but this has gone way too far from what I expect it to be. People are overtrading with margin, investing with borrowed money, some people will die on this one for sure. I am going to short this,but don't even try to charge me with immorality, I'm risking my own money shorting on a fair free market. Remember, the best time for traders is right after the stairway up, we ride the elevator down. (entering short position gradually as long momentum fades.) *THIS IS NOT INVESTMENT ADVICE, YOU ARE RESPONSIBLE FOR YOUR OWN TRADE.
BITFINEX:BTCUSDShort
by JoE
2
Are you a HODLER? Hype turn into fear in the blink of an eye!One second you think you've made a great investment, the next fear kicks in. How long do we go down before you get scared? This is a continuation on my bubble idea earlier, where I shorted at 9700. Fundamentals I have already expressed my thoughts on fundamentals in my earlier idea, please check it out if that's of interest. Yesterday we had a big drop in the crypto market. Alts went down harder than BTC. That tells me there is a lot of doubt in the market right now and there may be some major crashes ahead. Technical Previous chart was basically just the standard bubble theory added on the top of the Bitcoin chart. This time I am going deeper into the technicals, looking at how this could play out and what I want do to. I believe the top is in. Major selling, exchanges crashing and altcoin market taking a big hit. We would need A LOT of fresh money to keep this going up, and I don't think its coming in 2017. Now that could of cours happen but we are in a historical pump and betting on the continuation of this pump has major risk attached. If you are new to the space, I'm sorry to say, but you are way to late. I am looking at an impulse wave with a real strong fifth wave, but that's crypto for you, the tops can be irrational. That's why I ended up shorting to early, I believed at the time that the wave had gone up more than enough. Now I think we can see an ABC correction with the launch of futures playing a role. You may be looking at my targets and thinking hell no. It wont go down so quick, we have used a year on this uptrend! It may not, but I promise you it's not unrealistic. We have had a year of new people jumping in each day, and slowly we have gone up and up and up. But when things start to go down, all those people now hold BTC and watch the price. That's the reason markets like this takes long time to build up, and just a few days to crash. When doubt starts to kick in, there is a hoard of holders that bought on the way up, and comperativly few new people entering the space. Now of cours there will be a lot of profits flowing around in the space, but is it realistic to think those profits will support the price? No. Those profits are now profits for a reason and it wont enter before there's a fire sale. So how low do we go, where can we expect support? Its usual for the correction from wave 5 to go down somewhere between the 3 and 4th. That's 4970 & 3490. I am looking to close my short at 5035 USD, and rather add some longs if it goes down to the area between 3 & 4th wave. We aint getting there tomorrow though, so it's also important to look above and see where we can expect a bounce. By looking at the fibs I can see heavy support in the 6000 area. That's also where we stopped last time. That's where the A could stop and we get a bounce before futures launch to get the B! When the futures eventually start trading, shorting kicks in and we can complete the corrective wave and get the C. Experienced Tip! You may have noticed yesterday that selling can be difficult under high activity. Now imagine if bad news come out, the crash would be over before you could do anything. That's why I didnt want to wait for any confirmation before I shorted. It may be impossible when it first happens ;)
BITFINEX:BTCUSDShort
by Kryptokelly
51