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Fundamentalbitcoin

Bitcoin: Be Careful Now!Even though we do believe BTC has already bottomed out and the 3k marked the starting point of the current BTC bull cycle, we do want to point out the overly long sentiment in the market right now and the increasing risk of a long squeeze. With the Plus Token scam still having an estimated 50k – 70k BTC needing to distribute to the market, we are still facing several bumps in the BTC up run. Furthermore, most Chinese’s at least one-week-long Lunar New Year vacation starts next week. Lots of activities take place during this holiday and lots of them are costly (eg. giving out Hong Bao, cash wrapped in red envelopes to family members). It makes sense to cash out from the market. For longer term views, see the linked ideas below.
Short
by Phi-Deltalytics
23
BTC Long-Term Bottom Coming – Are you ready? Takeaway for Investors: Dollar cost averaging during the coming weeks has great risk-reward setups. Takeaway for Traders: The true bottom is closing up, and once we turn to the bull side, price will move quickly. Be ready when that break-out happens and execute with determination. (Eg. without proper mental preparation/discipline, it would be tough to catch 3k – 13k run.) Can we drop again to 3k? From this analysis alone, yes, we could. (And the transaction volume would likely rise higher in that case.) Why is the long-term bottom closing if 3k is possible? Fundamentally speaking, we’ve established a bottom already. Any further drop in price would likely be a speculative overreaction or whales manipulation attempting to accumulate at better prices. As long as the transaction volume is rising along with the price drop, bitcoin’s true value is holding and it is just a matter of time before we enter another bull cycle. If bitcoin truly becomes worthless, the transaction volume simply won’t hold. “The bottom is mostly likely in, anything lower will be just a wick in the macro view.” – Willy Woo (12/7) Different from the idea below, the transaction volume here used is measured in BTC not in $. This allows easier identification of volume bottoms. As a result, different bull cycles could appear in different scales given the fluctuation in BTC prices. Our point of interest here should be focused on when new volume bottoms establish, and when the momentum picks up from the bottom.
BITSTAMP:BTCUSD
by Phi-Deltalytics
27
Bull Market Is Inevitable - Steadily Approaching 10,000 USDHey guys I know I've been silent, especially during the most intense times of bitcoin in the past few weeks, I had personal matters to attend do, and plus I never had plans to FOMO into a parabolic trend anyway. Looks can fool you, the parabolic trend looks like money, but its not. Sometimes the best trade to make is no trade, standing aside and observing is very wise, and I did just that. And yes, we are steadily approaching 10,000 USD. However, we have a few loose ends before we make the next move. The history of this market will explain everything which is what I'll be covering mostly in this idea. Summary: 1. Green Area 2. Red Area 3. Bearish Divergence Whenever you look at a chart, it paints a picture, illustrating many things, this help us understand the psychology of the market, and as a result we can get a feel of what players are doing in the market based on its history. 1. The Green Area So we got ourselves a steady and steep uptrend. The bulls are trying to killing shorts by continuously buying up. This was the original strategy from the bulls when everyone didn't think we'll break through 6k, and how everyone was speculating about a new low. Not to mention, we barely have any selling pressure, the bulls were leaving no room for sellers, whenever there was an attempt, the bulls would just instantly buy up again. 2. The Red Area Alright, we've reached 8,500 USD and we now begin to see a change. The whales have decided its time for giant stop hunt, which is something we haven't seen in a while, they felt like it was perfect opportunity to punish the longs, which is a first. You got to remember that whales are famous for crushing people's spirits, especially when they get optimistic. Now if you look at the price movement, its starting to look different. Its starting to look like a bumpy ride, and that's because we're getting closer to 10,000 USD, which is an extremely and psychologically crucial number. Meanwhile, bulls are getting anxious. Its clear to me that we're seeing more selling pressure for a change. However, if you look at my yellow ovals highlighting those giant candles, it shows us that every time the market wants to drop, the whales are there to push it back up, supporting the uptrend. As a result, its only delaying the inevitable dump. As you can see the whales are playing along, up until 9,000 USD. The whales then decide punish the longs once more with another stop hunt. They're trying to send a message to everyone that something good like this never lasts forever. 3. Bearish Divergence I've spotted a bearish divergence which is strong evidence suggesting that we're heading down towards another drop. The green lines on the chart is going on an uptrend, making higher lows, and yet green line on the RSI is going on a downtrend, making lower highs. They both have opposite direction which leads us to believe that its a bearish divergence. All I can say is, something is going down, literally. Again, it comes back to the whales, I believe when you have whales prolonging or manipulating these events, it usually causes severe repercussions later down the road. Conclusion At the end of the day, whales really do want us to go up! Its inevitable that we eventually go above 10,000 USD, leading us into the real bull market. They will punish the bulls from time to time, but that doesn't stop their plans. When we get above 10,000 USD we will slowly see more FOMO kids, retail traders, and mommy and daddy investors entering the market again. With this in mind, we'll ride the train as high as possible, until the whales decide to make a massive sell and disrupt everything like always. Thank you for your time ladies and gentlemen, I wish you all a fantastic day! Twitter: @cyber_stocks Discord: CyberStocks#9378 Feel free to support me, any help is appreciated. All funds will directly support my personal finances, and most importantly, my mission of building an online brand :) BTC Donations: 1AuZiofHSqM5gV1ttxUddNovDhEtHgMUgA
BITMEX:XBT
by CyberStocks
Bitcoin "dead cat" is a very bouncy oneWe are currently seeing the third bounce in 2018 from the 5-6k levels. I expect the current rally to make a lower high compared to March, which was itself a lower high compared to May Maybe we go down after trying to reach the 200 dailyMA a second time around 8100. On a pure technical point of view, the chart is totally bearish: 1. we have lower highs and lower lows since March 2. the 200 daily MA in blue just beat the bulls a 4th time in a few months 3. the volume on the blockchain keeps going down with the months There is very little chance that these broad and typical market indicators are suggesting a bull run for soon. On a fundamental perspective: 1. there still exists zero useful Dapp used by millions of people. The only Dapps that are currently in use are decentralized exchanges, used to trade unused Dapps 2. the SEC is rejecting ETFs one after the other, and this is how they are. They may accepts them in the long run, but they are slow to accept new things and Bitcoin is still so heavily manipulated that it would be very surprising that they accept it right now. 3. despite Bitcoin and crypto being a revolution, they have serious technical problems and in some cases, powerful enemies to deal with, before supposedly overtaking the world. 4. if institutions want to enter crypto, I trust them for entering the market at a time when one will the least expect it, that is when the prices will be very, very low and crypto looking like a dying broken dream. 5. The total altcoin Mcap is still up 150X since Jan 2016. Whoever thinks that altcoin prices are low at the moment, I suggest he keeps this number in mind. The simple fact that Dodgecoin Mcap is 300 000 000$, a project with no team ... and no project, is a standalone argument that this market needs a flush out. We already had a monstrous bull run in 2016-17, there is very little chance that all these fundamental issues are suggesting another bull run for soon. Stay prudent, do cost averaging, buy rather low, sell rather high, and be paaaatient :-----)) "Investing is a transfer of wealth from the impatient to the patient"
COINBASE:BTCUSDShort
by The_black_swan
37
ETHBTC Market Overview 0520 2018Given the structure of the ETHBTC pair I am BULLISH Ethereum is the BASE Bitcoin is the Quote When price of Ethereum gains MORE Market Cap and diverges away from Bitcoins dominance, we will see this chart move UP We can see consolidation / accumulation phases as if this was any other tradeable pair Whether you trade on Leveraged accounts with Margin or directly invest through an exchange of your preference... Targets outlined in Green Looking for a breakout to confirm directional bias Important Fundamentals include: G20... Technical Implications of Adoption, New Investments
by ZacharyHogan
Bitcoin low volume not supporting upside.On the chart is compared the period before the spike to the upside reaching all time high from Nov 24 - Nov 28 2017, example for stable volume of trades, and Mar 18 - Mar 21 2018 where we see declining volume as the price goes up. This shows us at the moment investors interest in buying is very low above 9000, and my indicate that Bitcoin is prepared to dip once again. Let us monitor how this develops, and if there will be any impact on volatility FOMC today 19.00 GMT+1 .
BITFINEX:BTCUSD
by TheTrade_Academ
2
[BTC-USD] BITCOIN 2nd Biggest Drop in 2018 (BUY OPPORTUNITY)BITCOIN DROP SUMMARY FOR: TUESDAY JAN 30th, 2018 Overall, bitcoin has suffered a 50 percent drop in market dominance since November of 2017… Currently, market share for Bitcoin as of this post is exactly 33.8 percent, having not too long ago been at over 60 percent. So is this digital gold diminishing as a store of value, and potentially being replaced by market demand for faster blockchain?? Bitcoin took a big hit today.. If you look at my chart above, this was the 2nd worst drop this year so far. The 1st big drop this year was on Jan 17,2018 at 1500 hrs. where it tanked to approximately $9,029.14 Today, 14 days later from the 1st major drop, on Tuesday Jan 30, 2018 it tanked as low as $9,597.50 Bitcoin is down about 11% today. It was a bearish day for the crypto community and the those big giant mean bears won.. Keep in mind that when BTC goes down, so do all the other alternative coins that piggy back on BTC. According to information from sites like CoinMarketCap and OnChainFX, the prices of all of the top-10 cryptocurrencies by market capitalization have fallen in the past 24 hours. These include NEM, EOS and Cardano, per info from CMC, all of which have shed at least 10% in value since yesterday. Today, I struggled to find coins or tokens to invest only to realize very few coins were putting up resistance to hold and fight back. In the evening, I shut off my PC around 3pm and called it the day. It gave me time to relax , recoup and plan my next strategy for tomorrow! So, the bears have won this fight today, and now it's time for me to stack up bitcoin…. The grandfather of all Cryptos.. The puma, the 1st president if you will of this awesome new asset class worth $496,391,113,442 with a 24 current hour volume of $ 27,708,042,959, according to coin market cap. The crypto king, who is currently being threatened by rivals like BitCash and a few others who can transact faster with millions more transactions through the nodes without expensive mining fees, this king has an array of mean rivals who want to dominate and take over the seven kingdoms. What is yet to be seen is, where and who will this new king emerge from?? If you enjoyed my update don't forget to hit the like button since im a new analyst on trading view working hard to build some reputation points. I have always enjoyed video marketing as my choice of media distribution… Disclosure: This is not financial advice, you must do you own research. Thanks CryptoBuzzAnalyst
COINBASE:BTCUSDLong
by CryptoBuzzAnalyst
1
it seems that this is part of a certain big gameit seems that this is part of a certain big game that wants to set the price with fundamentals which launch some of news to break Bitcoin in their ways im looking for some of fundamental news in spite of the speculators' price corrections and here the data When Hitting $1000 and Down roundly -35% January 2017 = China Goverment launch some big News here www.coindesk.com www.businessinsider.sg news.bitcoin.com When Hitting $3000 and Down Roundly -35% here the news : www.cnbc.com When Reaching $5000 Here the data : www.cryptocoinsnews.com then whether there will be a repeat of the same decrease of approximately -35% when touching the price of $ 5000 ??? LET WE SEE thanks www.thetrader.id
BITFINEX:BTCUSD
by capthowdy