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Btclongterm

Analysis for BitcoinConsidering the news about cryptocurrency getting more and more spread (Facebook making secret projects about crypto in their platform, one of the world larges banks J.P. Morgan making a stable coin JPM, some states in the USA now accepting BTC as a tax payment) draws people more to Bitcoin. And knowing that uneducated people, about crypto, refers to any cryptocurrency as Bitcoin, actually makes people only get involved in Bitcoin. And that is applying to the price movement of this Digital Gold.
by ErnestsAdlers
Big Bitcoin price overview(F+W+Levels)For the cryptomarket the year 2018 has begun with the global correction of all the currencies. The first futures for Bitcoin—the most popular currency—triggered institutional capital hedging through the conventional financial system. A step towards accepting a digital asset into the conventional market created new opportunities for the future cryptomarket development. In due course cryptocurrencies will become easier to access and will be perceived no more as a foreign element in the world financial system. Year 2019 is capable of drastically changing the price dynamics of 2018 and reinforcing the fundamental standing of cryptoeconomics in general. The system purged itself from incompetent projects and ICO scams. A new trading platform is expected to be launched under the name of Bakkt. Its developers aim to create the first regulated exchange for institutional investors combined with physical delivery of digital assets and custodial services. Mass adoption of the Lightning Network solutions for cryptocurrency networks can boost processing speed for smaller transactions. Various stablecoins emerge with the purpose of preserving the cryptocoin value relative to the international reserve currencies. Available futures from international market majors are increasing in number, so does development and implementation of cryptocurrency products and solutions by funds and family offices. Bitcoin Block Reward Halving #3 is on the horizon, too—yet another cutback of the reward for mining. Conventional stock markets are at risk for crisis being at their all-time peaks, in contrast to cryptocurrencies. Since year 2018 turned out to be lacking significant events we await the digital industry to unpause and continue its positive development in 2019 and 2020. Bitcoin price opportunities Our fund uses the wave analysis for long-term planning—a model well proven on stock markets which allowed for mapping of the asset future behavior with 85% accuracy. As concerning the global plan, Bitcoin’s growth cycle is not yet finished and it is ludicrous to believe that its price may fall to zero per coin in the nearest future, as some experts speculate. A large time span with significant fundamental events should be scrutinized to truly understand the currency’s future behavior. It is well known that with the course of time the quantity of coins will now stay the same, while the reward for mining will only decrease—which is one of the major drivers for the price increase. During Bitcoin Block Reward Halving #1 (2012) and other significant events, the coin value increased by 600 times, skyrocketing from 2 dollars to 1200. During Bitcoin Block Reward Halving #2 (2016) and other significant events, the coin value increased hundredfold, rising from 200 dollars to 20000. Bitcoin Block Reward Halving #3 will happen in less than 500 days (2020) and we are sure that Bitcoin value will increase at least tenfold during in the course of the next two years. Other significant events described above also add confidence to the future growth. The wave pattern shows the possibility of price reaching the point from 30 000 to 60 000 dollars per coin as soon as in 2020. Furthermore, drawing an analogy to former trends reveals that the price has always been corrected by more than 80% prior to the upcoming bull rallies. The daily chart (right) shows the priority scenario for today, as well as key price zones of changes.
BNC:BLXLong
by UnknownUnicorn3511625
3
ONE MORE DIP BEFORE WE BOUNCE #BTCThis post in continuation of the my previous bitcoin analysis where i posted about the likely hood of Btc making a double bottom before showing any kind of reversal. ( I'll link the previous post below) . So far the price action is confirming my bias , prices are moving in a falling wedge pattern will is a reversal pattern. This analysis will be updated frequently to keep you updated as price moves. Make sure to follow to get notified for that. I'll really appreciate if you would leave a like.
COINBASE:BTCUSD
by Crypto_Anarchist
1
Ascending triangle with rising baseline | Short-term bullishAs I had stated before a short term ascending triangle has formed and looks dominate. It could be a strong bottom argument. Only time will tell. The ascending triangle as in all triangle patterns can be used as trend reversals. It must be noted that the ascending triangle must form at a key level of support or resistance, I like to use double tops or bottoms. This pattern forms as price pushes into support or resistance and then consolidates making equal highs and higher lows forming the ascending triangle, Once price breaks the pattern conforming the reversal, I personally always wait for a pullback to the previous highs or lows to see if price will be resisted or supported before taking a reversal trade. There are different methods Like Fibonacci Retracements to find targets after a confirmed reversol but I will lay out the conventional way which is the Distance Between The Mouth Of The Triangle Added To The Breakout.
COINBASE:BTCUSDLong
by Travass143
Bitcoin - The SituationWell well well our last trade was a huge success, now I am looking at the big picture and trying to figure out what could happen next. Now btc is trying to hold a bullish line back from years ago (See green line on chart) if this line breaks down I have little hope for a bullish move until 3-4k. Fractals and ALOT of TA is saying 3k SHOULD be huge support zone, so if we manage to go there it's an obvious buy with risk/reward on your side. I marked the best buy zone on my chart, note that closer to 3k is the best buy. If the current line holds it has great potential for 5k target (risky trade unless you got bellow 4.5k entry with a sl), personally I am waiting for market to show more clear signs. Only trade current line if you can babysit your position all day long. No need to rush to buy, weekly RSI is hinting that we will be here for a long time (3k-6k) Have a nice day! NOTE: This idea follows Bitfinex price.
BITFINEX:BTCUSD
by Nirland
2
BITCOINrandom thoughts that have nothing to do with bitcoin Happiness Is A Function Of Looking At The World Rationally Trust Is Probably More Important Than Anything Your Values Aren’t Wrong, But They Might Not Always Apply Doors Open When You Politely Knock When Everyone’s On Board, It’s Very Fun To Be Part Of The Team (when they have their own agenda it is a nightmare) Humility Is A Very Attractive Quality To Have Traditions Are Only As Important As You Treat Them Hygge Over All
COINBASE:BTCUSD
by ShowmeMoney99
Position QHF 22.10.2019Prices are moving turtle speed. Most likely the reason is that there is a mid-term accumulation in bigger models of the market, prior to the faster distribution of the volume. The situation with the bitcoin does not change. The price has fallen into the conditional buying zone, where, perhaps, there will be some time. As before, the priorities of purchase with a smooth averaging to the lower boundary of the model. We do not recommend to sell at the bottom of the established range.
BITFINEX:BTCUSDLong
by UnknownUnicorn3511625
Position QHF 17.10.2018After a short squeeze on the "tether is scam" news, the market began to stabilize. The current situation with BTC indicates the formation of a possible (local) triangle model, out of which both up and down is possible to exit. The boundaries of the midterm model of a larger triangle still remain relevant, as well as the logical development of the situation with the future price increases and the breakthrough up or down. We are skeptical about a possible catastrophic sale down to the new minimum of 5750, because for the long period each negative event draws the rising minimums .. We agree, not everyone is able to make money now. However, if you remove all info-noise and concentrate on simple and clear models, with constant risk / reward values, you can find the way.
BITFINEX:BTCUSDLong
by UnknownUnicorn3511625