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Important

UPDATE BUBBLE IMPLODINGIt makes already 4 months that bubble is imploding and we are now approaching an important zone for the trend of BTC in next months. This graph isn't a logaritchmic one but it doens't change anything. The first important thing to develop is that BTC is near the important zone that will determinate if it's going down or up. We just knew a bounce on the support and we can expect that it will touch the resistance (yellow). It's also nice to see that the golden death cross (SMA 50 crossing SMA 200) didn't occure and moreover a divergence between the two courbes slowly appears. If BTC breaks the resistance, it will give us a buying chance. If it brokes the resistance, we can expect more down. This idea is valid for almost all the "big" cryptos. In fact, all are following more or less the same way.
BITFINEX:BTCUSD
by BrieucdeLooz-Corswarem
DXY. Dollar Index Testing important support at 93.04DXY Dollar Index DXY is testing critical supprt at 93.04 which must continue to hold to avoid a further substantial fall to 92.74 at first, and then, after a mild bounce back to 92.55-92.50 range. Looking a little further out, the 92.50 level represents major support for the medium term. Should this level fail to hold at any point over the coming week it will tip the dollar into bear territory once more and force it back by 1.5% to 91.01 where it becomes a buy once more with stops at least 7 pips lower.
TVC:DXY
by sumastardon
1
Very Important Channel Identified!This channel seems to be the current state of bitcoin's trend. The breakout of the past month was clearly too fast to hold, but now we are at levels where bitcoin is heavily supported. As weak hands sell, strong hands buy their coins. This where bitcoin consolidates and prepares for future possible new all-time highs. Please donate if you like what I do! :) bitcoin: 1NTkRex1gE2iJ63sFQHNpFYkBoeZ3w69FZ bitcoin-cash: 1GYPijuWfRYtaWmFbPsFjWsozEP3ZXaheq ethereum: 0x56E49FB49221623C8FC7BE27C49E6d7Ff8d02c70 burstcoin: BURST-S9HQ-84BX-CXX8-4RKBC
BITSTAMP:BTCUSD
by stupendelious
3
Bitcoin likely breaks $1,000 - PT is $1,030 SKY IS THE LIMIT!!Call this premature but hey, Santa just keeps on giving! Positive karma and white rice carbohydrates will fuel this sucker past $1,000! Congratulations to all of us who have held firmly in our love and use of the ONLY REAL CURRENCY CLASS LEFT ON THIS PLANET!!! Yes, I am assuming it breaks $1,000 BUT HEY, if you doubt it now, you aren't paying attention!! Using rough measure rule next price target is $1,030 but really anything can happen... ... we will dip, and we will rally, but this time next year you will dream of a chance to buy three digit bitcoin!! If we dip now, so be it, after all you must seperate the wheat from the chaff!
BITSTAMP:BTCUSDLong
by Kantardziski
1