Bitcoin price overview (waves) 3.9.2019The price made a sharp correction.
At the moment, we see all the chances of prolonging growth. You can buy at the current price with the objectives to close a position above 4600-4900. Stop loss level - 3850.
Futuresbtc
Bitcoin price overview (waves) 3.7.2019We assume that the medium-term correction is over.
We expect the continuation of the long-term trend.
Locally possible growth to the level of 4100 (sell level), after which we can expect a correction to the level of 3900 (buy level).
Bitmex perp swap double fanbear and bull fan lines for the bitmex perpetual inverse swap contract based on the medium term movements from the 6k drop and the ~3k bottom
Trading plan BTCUSD 2.13.2019After the candlestick fixation of the model "flag" abroad, buy with a target of 4000.
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.
Position QHF 22.01.2019The price decreases in the narrowing wedge model. A trading plan involves the purchase of Bitcoin after the candlestick fixing above the model's border.
Locally expect testing of the yellow range, after which it is possible to implement a trading plan.
Position QHF 14.01.2018Within the framework of the idea, the price is rebounded from the middle of the channel and the sale with the target of 3500. Further, the recovery of the price within the medium-term movement is possible.
Position QHF 12.12.2018In the last idea, we denoted the exit of the bitcoin price from the graphic model "flag". The correction has continued and it is possible to rebuild into a triangle model. Like last time, we should expect a candle fixing beyond the borders and dial a short sale. Also, in a more risky version, it is worth selling from the upper border of the triangle.
Position QHF 08.12.2018
The previous idea with the graphic model "wedge" did not work. The price remained within the boundaries of the model, and the market-maker weakened the growth momentum.
Bitcoin updated the lows, forming a rebound from the level of 3300. At the moment, a certain "flag" is being formed with 2 spurious emissions.
We expect that the price will form a positive fixation under the model border and retest the bottom.
Position QHF 05.12.2018The formation of the graphic model "wedge" ends.
We expect to touch the lower border of the model and recover the bitcoin price beyond the beginning of the model.
Position QHF 03.12.2018Long positions are closed, and short positions are actively growing.
All the movement has outlined some channel, below the boundaries of which the price is most likely not allowed.
It is also possible the formation of a wedge, from which the price can jump out quite a good distance.
It is necessary to monitor and identify any model to work.
Position QHF 28.11.2018The price did not break through the local bottom, forming a rebound within the range.
If you look at the tick volume, it is easy to notice the increase in prices at a reduced interest.
Of course, demand may arise during the appreciation of the cost of Bitcoin, but for us there is still no clear sign of a reversal.
It is worth paying attention to how the price will behave.
If the local correction is short, and the quotation is further directed upwards, then the Fibonacci entrancement of the level is not excluded. 61.8. In another case, you can also expect a sub-site junction.
Considering the time plane, there is a possible beginning of a normal recovery at the beginning / middle of December.
In other cases, it is worthwhile to act on the situation.
Preferred purchases, as well as the search for simple models for long positions.
Position QHF 26.11.2018The decline continues. The price fell out of a series of graphic figures, which indicates a continuation of the bear market.
We expect the breakdown of the local bottom and the completion of the pulse in the region of 3400 and below. Next, we will observe the progress of the quotes.
Long positions can only be planned - the implementation period is incomprehensible.
Position QHF 23.11.2018Bitcoin quotes are at new lows, slowly forming a local range of trades.
On the eve of the graphic model was formed "triangle", which is practiced by sales after the candle fixing under the border of the model.
Let's see how it ends. During the next testing of the local minimum, break-even stop orders will be initiated. Our business is to work within the framework of the trend and simple models, observing risky policies.
Position QHF 21.11.2018The price of bitcoin found support not far from the 4000 level.
Judging by the marginal positions with Bitfinex, the time has come for consolidation / recovery and now the best position is to stick to all the conditions for entering a position, or to remain outside the market for a while.
While the price is within the yellow channel, setups for short sales are acceptable. If the border is overcome - it is worth carefully watching what is happening, because possible sharp bursts of volatility in the direction of increasing the cost of bitcoin.
Position QHF 19.11.2018The crypto prices continue to decline.
Bitcoin exits out from the triangle according to the trend.
After breaking through the bottom, marginal short contracts sharply went up the hill, which signals the imminent start of an upward correction.
At the moment, the priority is a wait-and-see position, or consideration of conservative purchases.
Position QHF 16.11.2018The cryptocurrency market has fallen badly. Mid-term models on many Altcoins, as well as on Bitcoin, forced traders to look for the next market bottom.
Local correction to the levels of 5850, 6000, as well as the formation of a graphical trend model is expected.
The long decline is improbable in the nearest future. 80% that in December older and more dynamic correctional movements will begin with a big amplitude of the price increase.
Position QHF 14.11.2018The uncertainty continues. As before, the price still framed in the range of 6200-6800.
If the price stays above 6240 in the next week, we can expect another local rise to the levels of 6600 and above. Meanwhile the conservative shorts with a terse stop losses.
Position QHF 12.11.2018The BTC tested the level of 6400, denoting the next local minimum in the range.
In future, we can expect several scenarios.
Deceptive, with testing levels of 6800-6900 after the formation of an internal triangle model.
Also possible the more dynamic and faster level test of 5500 and below.
Position QHF 09.11.2018The price has returned to the level of 6400.
At the moment, 2 variants of development are possible. Both with a logical conclusion in the region of 6800-6900, however, the development time differs.
Position 07.11.2018It seems that the concurrency market has moved from a dead point.
Locally you can buy.
Further dynamics depends on how long the BTC will be in the range of 6300-6600.
The price can be locked within the current levels, which will eventually lead to the maximum performance to the area of 6900.
If the 6600 level is passed in the next few days, we can expect a bullish rally and test of the shadow top (7800) within the range.
Position QHF 05.11.2018Local bull recovery continues.
We expect that the price will test the range of 6600-6700, after big dynamics of bitcoin -0.29% is expected.
Yesterday, long/short margin positions received parity. This clearly suggests that now all market participants throw a coin, hoping to guess the market direction. However, the situation of this kind develops from mid-September.
Do not expect from the market too much. Keep track of simple graphical patterns and asset volatility .
Try to take profit from each trade. The new bullish cycle is still very far from here.
Position QHF 02.11.2018Within the framework of previous idea, the beginning of correction was indicated.
Currently in the priority are small longs to area of the 6600 that probably be followed with the coup in a short sale.
Further is possible market maker dump to test demand below 5750.
No fundamental optimism is noticed.
