GBTC
GBTC (Bitcoin on United States Stock) Buy (3:1)Signal = Buy
Buy = $10.7279
Take Profit = $12.3751
Stop Loss = $10.1700
My Other idea for Bitcoin / USDT (Binance):
Keep Calm and HODL On! - 10 pullbacks during 2017 BullrunThere were 10 pullbacks ranging from 23% to 42% during the 2017 bullrun (in perspective from where we are to halving).
We are very early in this run. There will be many tasty dips to enjoy according to last bullrun.
But were we are (Green Vertical Line) according to the halving was a 66X!!! ($298 - $19,797)
We may not get close to same return, but if we aim for the moon and land in the stars that is still a win. 30X is very possible from this point (peaking 1 year+ post halving).
LONG BTC
9 Year Falling Wedge - Sh*t going to hit the fan soonA falling wedge of this magnitude is rare in my opinion. This level for the VIX is also great for GBTC and Bitcoin.
9 years show this wedge is falling to lowest levels ever - Right before presidential race, qualitative easing, negative interest, and ballooning corporate debt.
Comes to a point February 2020 but could take off before. But it should retest $30+ in my opinion.
I am using Call options on Nov 1 and Nov 8 currently. $16.5 Call for $0.30 each ($30 bucks). Cheap for roughly 1:7 (risk/reward) ratio, make $500 off $70.
Shows a buy on the Daily today - But if you want to watch for more time, look for another entry in 4-8 weeks back at this level.
I will be getting Calls for March - June depending on how chart looks.
BTC DOMINANCE! ALTCOINS HAD A BEAR MARKET RALLY!
There very well may never be another ALTCOIN Bullrun again!
90% Of the NASDAQ Failed!
99% of CRYPTO WILL FAIL
BITCOIN WILL WIN!
IT'S BTC VS. GOLD & THE USD PERIOD!
No Trick / All Treat - Pattern Intact - Breakout after HalloweenLooks like multiple indicators showing a slow turn around the gap-fill at $8700 to breakout between today and November 1st.
Trying to buy at ultimate lows, or sell at ultimate highs, the "air is thinner". Getting in or out close enough is all you need.
Don't miss out on dollars....trying to get something cheaper for pennies.
BTC is going up once Gaussian Channel flips. If you can time entry close to bottom of flip, you should be happy. :)
Disclosure - I am long BTC, GBTC, GDX, and MARA. I have a moderate to long-term horizon and insight is based on this horizon.
Stay safe this Halloween and watch out for drunks on the road TradingView family.
Sleep easy and average in over next few daysWe are going down, but NOT far. Don't get excited bears.
Close this gap and lets go higher. Better now than later.
All turning bearish on 1 HR - MACD, Fisher Transform, Gaussian Channel
If we chug along, look for entries on Halloween when everyone is "having a good time".
Then again, there can always be a quick drop with bitcoin...but this should reach $8700 ish by Nov. 8th.
Disclosure - I am long BTC, GBTC, GDX, and MARA.
Down before up?Gaussian channel and triangle looking like we retest $9700 before going higher.
Only need to get over $10k soon if the Cup and Handle on Daily plays out.
WE ARE CLOSE!
I'm feeling price action is leaning this way.Healthy Consolidation.
Exchanges Clearing out leveraged longs.
The Story of Tim Draper! Be Tim Draper!
Not Day Trader!
95% of all Day Traders LOSE!
HODL'ers WIN!
Get tested in the fire! Buy Today and HODL A LOSS! If you don't you will never HODL a HUGE GAIN!
That's why I say DCA every day! ALL TOPS ALL BOTTOMS! BUY BUY BUY! WEEKLY LIKE IT IS A SAVINGS ACCOUNT! Period!
Go to the below site! Put in what you can afford to buy every week ($1,$10,$20,$100, $1000) whatever it is. For shits and giggles do it for the whole nine years every week like clockwork and see where you would be today. Compare it to GOLD AND THE DJI! You will be amazed!
dcabtc.com
Have a blessed day!
If we don't get above $9,500 in the next 6hrs It looks like we close the CME GAP.
Be careful w/ HIGH LEVERAGE trading!
Don't get shook from SPOT BUYS! We are in a raging BULL! When we POP you do not want to FOMO!
If you cannot lose money "ON PAPER" with Bitcoin Gracefully you will never have the testicles to HODL to the next cycle top!
You can't lose what you don't sell and you can't sell what you don't have!
STACK SATS NOOBS! FOCUS ON THE FUTURE!
This is Finacial Advice! Bitcoin is Freedom from Fiat oppression!
Though I am not a financial advisor! So take responsibility for your own trades and investment decisions!
Something to watch! Have to clear 10.6 to say we're out of this consolidation.
This is probably the more healthy move.
Cup and Handle on Daily - Still in PlayOnce the Gaussian Channel flips to green and the price crosses....we are off ladies and gentlemen.
"Roads....where we're going, we don't need roads" - Dr. Emmet Brown
MARA - Shows Bitcoin bullish breakout comingMARA - Marathon Patent Group - is a good proxy for BTCUSD and GBTC.
MARA operates bitcoin mining hardware and mirrors price action in bitcoin and GBTC (sometimes as a leading indicator).
During 2017 bullrun MARA was over $38. Current price is under $1.60.
The MARA chart shows that there is a bullish breakout coming from the falling wedge, which repeats in this chart.
The Fisher Transform just turned bullish indicating longer trend (bullish).
If last two pops were indicators for MARA, we may see a 20%+ increase in MARA and BTC / GBTC coming out of this falling wedge.
I am long Calls on MARA for December 20 2019. In April of 2020, I will start to average into Call Options for MARA at December 2020 expiry (when BTC bull run in full effect).
Some of these call options are $0.10 per contract or $10 to execute (CHEAP).
Still looking good - Handle retrace to .618 Fib - Watching 2pmLooks like the handle pattern will play out around 2pm EST today.
We should be able to validate the pattern shortly after.
Funny how I see rallies like this build right around end of equities market 4pm EST.
Bullish on Daily. Bullish on Weekly. Fisher Transform just changed positive. = Long term bullish trend incoming.
Let me know what you think. Like if you agree. Comment if we can discuss something I don't see or leave your opinion.
Have a great day and HODL!
The last time the 128 crossed the 200 on the 3Day Time Frame Pretty Much set in stone that we are in a long term Bull Market...
NFA / DYPR
Stop messaging me for when the best time to buy and sell is!
The best time to buy Bitcoin was Yesterday and the next best time is now!
STACK SAT's
HODL!
Thought about this today...What a great ploy by whales to do something like this.
Anythings possible with BTC
Gaps "DO NOT ALWAYS HAVE TO BE FILLED"
Especially ones that are from a market that trades 24 hours a day to one that doesn't
Just my take
