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Moonshot

BTCUSD - Bitcoin under $8k, here is why!!!I couldn´t belief to see this. Everybody is asking where the correction of bitcoin will end. Here are my thoughts: Requirement: We will not break the high from June 26th. Bitcoin likes the 61,8% level to retrace movements. Additionally bitcoin closed past future gaps every time. In my opinion it is possible that we see a consolidation with low points in the area of $7k. I don´t think bitcoin will die or go even more lower. The max downmove i would expect would end in the area if $5.7k. I will buy lower price with cost average starting under $10k step by step. Please leave a like or a comment!
CME:BTC1!Short
by nopenny
1
CALL ME CRAZY: BITCOIN COULD HIT $30,000 IN 2 YEARS.In this screencast I make out the argument for Bitcoin getting to $30,000 USD in 2 years. This is not a prediction. My speculative projection is based on geopolitical, macroeconomic issues and market psychology. No fundamentals involved. Have a listen. If you have alternative ideas do share by commenting or PM. Let's share and learn together. DISCLAIMER : This educational post is speculative. Opinions expressed here are not intended as 'advice' even if so construed. DYOR! Your decisions in the markets are your own. If you make decisions based on this post and you lose money, you are totally responsible for your losses .
BITFINEX:BTCUSDLong
by Captain_Walker
8
Possible Buying Opportunity In Bitcoin's Future !!!To start this off i would like to clarify that i am a believer in the long term story of bitcoin and do believe it will soon break to new highs. That being said, i think it has come a bit too far, too fast. To get an idea of when we might pull back and how far i decided to take a look at our 2014 bitcoin rally. In the 2014 bitcoin rally bitcoin, one of the major corrections took place when we hit the 61.8 fib retracement. This is a powerful fib level and it the first level where institutional investors will consider reloading their short positions. That being said we are quickly approaching the 61.8 fib (around $13300) of this current rally and could expect a similar pullback. During the 2014 rally, once we hit the 61.8, we had a price pullback of 38% which corresponded to a 50% retrace of that rally. A 38% pullback and 50% retrace of our current rally would correspond to a price drop into the 8250 area. Other things that support a much needed pullback is that the NVT (a great predictor of price pullbacks) has been in the red for quite some time and is also in divergence. The RSI is also currently in divergence ( price went to new highs , RSI did not) . This supports the idea that we may be in need of a serious pullback. I also noticed that in the 2014 rally there were no signs of divergence on the daily chart and we still experienced a 38% pullback. Given the fact that a few of our indicators are in divergence, I think this pull back might be a bit bigger this time around. All of this being said i believe in the longterm story of bitcoin, so i will be looking to add to my position in bitcoin and other crypto's at 8250 and below.
BITSTAMP:BTCUSDShort
by joshbuilds
2
ATTENTION ALL BITCOINISTAS!Good morning my fellow Bitcoinistas! I have something to say that I think is important and may be helpful to the young people and new traders on this platform. For all you crusty old life-long "traders" this probably won't mean squat to you. I'm sure you've seen it all before so please disregard. But many of you new people are here to trade crypto right? Why? To put more dollars in your accounts? Why? So you can buy more stuff, do more things, or retire early? Right? Or something to that affect? There is a reason you are here and it has to do with putting more dollars in your pocket. Am I close? Well, the world of money is changing before our eyes and I think we should all try to understand it and get ahead of the curve. First off a very BRIEF explanation of what money is or is not. Most of us grew up believing that the Dollar, Euro, Yen, etc. etc. etc. is "money". These are NOT money. They are Fiat Currencies issued by the governments of the world. We use them because they dictate that we use them to pay bills and settle debts. Gold, Silver, and now Bitcoin, is Real Money. Bitcoin for the past decade and Gold and Silver for the past couple thousand years. What is the difference between Money and a Currency? The purchasing power of a currency goes down the longer you hold it. Since 1913 the US Dollar will now buy you about 4 cents of what you could have bought back then when it was first issued. Money, on the other hand, increases your purchasing power over time whereas fiat currency decreases your purchasing power over time. It's really that simple. That is why a 1 ounce silver dollar today does not sell for 1 paper dollar. The money, in this case the silver, retained it's purchasing power and the paper or digital dollar did not. So what is Bitcoin? Money or a Currency? The answer is MONEY. You can, however, use it as a currency too if you want. Or you can use it to purchase other currencies you may need to complete a transaction. No? Then answer this question. Which will buy you more TODAY? The $1000 paper dollars you hid in your sock drawer 10 years ago or the $1000 dollars worth of Bitcoin you bought 10 years ago? We all know the answer. And what do you think $1000 dollars worth of Bitcoin today will be able to buy you 5-10 years from now verses hiding the same $1000 dollars in your sock drawer? The answer will be the same. A lot, lot more! So armed with this knowledge I have to ask why are people still trying to flip in and out of Bitcoin in order to get a few more hundred or thousands of dollars to put in their sock drawer when all they have to do is buy and sit on the Bitcoin and wait? Many say "I do it so I can then get more Bitcoin". That's a fantastic goal, but I suspect for every 1 person that achieves that goal there are 40 or 50 that don't. Not only do they not achieve the goal, they lose most or all of the dollars they started with. And why do we do it? Every fiat currency throughout the history of mankind has, or will, go to zero. It is inevitable. So why do we all chase after it and try to accumulate more of it? Especially now that the dollar only buys us about 4 cents of what it use to? It's a futile battle but we all do it. Years of conditioning I suppose and a piss poor educational system. It's almost like they want to keep us all ignorant of what is REAL money. Hmmmm????? By design perhaps? At any rate you have all probably heard of Facebook and the new Libra coin they are going to launch soon. This is not MONEY. It is another digital currency based on a basket of failing fiat currencies and debt instruments from around the world. It may be a stable coin, but is will eventually go the same route as all the fiat currencies it is supposed to represent. The only good I see from this move is that it will introduce a couple Billion people to the world of crypto and things should start getting very exciting very soon. Just look what Bitcoin has achieved over the past decade when virtually NOBODY knew about it or what it was. Now fast forward a few years..... This will be epic. Plus Facebook has partnered with companies like Coinbase for this project. What does that mean? Billions of people will be able to easily slide in and out of Libra, Bitcoin, or whatever other crypo project interests them. Yes, the only good thing I see of this is that it will awaken the masses to crypto. So are you in or out before this happens? A good question to ask yourself. So again, if you owned $100 or $1000 dollars worth of Bitcoin today, how much Libra do you think you could buy in 5 or 10 years? I don't know the answer but I think it will be a hell of a lot. How many of those 3 or 4 cent dollars do you think you can buy in 5 or 10 years with Bitcoin? A hell of a lot. As history has already shown us. Do with this rant what you will, but for me the answer is to hodl Bitcoin instead of dollars and Hodl Bitcoin instead of all the various "Me-too" Alt-coins that are probably going to zero between now and when Facebook launches Libra. Many will not be needed and just don't do anything Libra can't do and they don't already have 2+ Billion people using their platform worldwide. For any similar alt-coin to survive they have a hell of a lot of catching up to do. I just don't see it for many of them. Why did I write all this? Because I think there many of you about to flip out of Bitcoin for a quick (depreciating buck) right before the next moonshot. I truly believe that once this snowball gets rolling nobody will be able to stop it and you could very easily wake up one morning to a $10K jump in Bitcoin following the very evening you just sold out. You will hate life at that point. Nobody should be hating life. It's too short as it is. Does all this sound like nothing but FOMO? I'm sure it does, but my point here was not to try to scare you but to educate you so you can come to a logical conclusion of where this world is headed and how to get out in front of the train rather than get run over by it. Bitcoin could also drop to $8K tomorrow or lower, but if this gets going like I think it will the bullish acceleration will be epic. When this thing hits, we will all look back at the $5K-$10K days of Bitcoin and say "Yeah, I was there, knee-deep right in the middle of it" while others say "Yeah, I thought about it....." But on the opposite side of the coin I could also be wrong. I am absolutely not wrong about what money is vs what is a currency but I could certainly be wrong about when it happens or how fast it happens. So what? I'll take the chance and wait. We all know that we should try to invest wisely and only risk what is affordable to lose. But to invest wisely you have to have good information so get out there and get all the information you can digest and then make an informed decision. Finally, we've all heard it before. "This is not investment or trading advice this is just one person's option of the market" do with it what you will. Good luck to all and I hope the best works out no matter which way you decide to play this game. BBS out! P.S. this chart doesn't mean anything. It is just that last thing on my screen before making this post.
COINBASE:BTCUSDLong
by BitcoinBearSlayer
BitTorrent! I Like What I See! 288%So far, BitTorrent is presenting itself as if it's started a new market cycle. You know what that means?! .... $$$$$..... For confirmation, we NEED to see: 1. A bounce @ 12 (wave A) to hit 17 (wave B). 2. AND a complete re-test to 9 (wave C). (If we hit targets 12 & 17 then, 9 is highly likely to hit). @ 9: 1. 2D MacD should be fully below histo. 2. The histo should be showing the largest red bar. 3. The next bar in the histo after hitting 9, should be pulling back and turning pink. 4. The MacD should start to converge and show signs of crossing (possibly @ 12). 5. RSI may be touching 30 IF all the above occur, it's a perfect storm! We could see a fantastic moon shot to 35! 288% PUMP DON'T KNOW ABOUT YOU BUT, I'M READY FOR A TRIP TO THE MOON!
BShort
by moneypenny275
You can't censor #BitcoinForPresident!It appears as though Bitcoin may be trading in a Ascending Triangle, once again. I have adjusted the trendline since my last post linked to this one, and this chart is on a larger time frame, so it's more accurate in regards to the Macro trend. FYI, I'm in savage mode atm, watch how the market reacts after every post I make! And for the people trying to censor me on social media & investment platforms, nice try, we don't die, we multiply! Time will tell per usual.
COINBASE:BTCUSDLong
by ScotianBot
2
BTCUSD - Touchback to TouchbackHello my fellow Bitcoinistas! I modified my weekly chart slightly and moved the baby blue trend-line connection points from Touchback to Touchback. Still a perfect fit! If this decline ends at the trend-line like it did the last time we broke out we should see some significant movement from here. I'm not going into the 20/40 cross etc. as I have written about all of this several times before. If you want my latest thoughts and updates just click the follow button and make sure your notifications are turned on for those you follow. Also, if you like these charts and my take on the market then please hit the thumbs up button so others might get a chance to see them too. Good luck everybody and fasten your seatbelts!
COINBASE:BTCUSDLong
by BitcoinBearSlayer
3
Ascending Triangle?Bitcoin looks like it's trading along the Green upward sloping trendline just fine. The Macro picture looks decent here, honestly. It will be interesting to see how this plays out now that the CME contracts have expired. Friday (May 31, 2019) was the last day of trading with futures contracts settlement happening on Monday (June 3, 2019). Several industry commentators say Monday’s settlement will be the biggest in the history of the contract and could potentially have profound implications for the price of bitcoin on the spot market. bitcoinist.com Time will tell per usual.
COINBASE:BTCUSDLong
by ScotianBot
1
Smartlands And The Liquidity Dump...But Can It Build A Floor?For a long time, Smartlands was the best performer in my crypto portfolio. It even outpaced BNB for a while (which I still don't own). I originally bought SLT when it was worth 2XLM. Now it's worth 24 XLM. At its peak, it was nearly 50XLM. Interestingly enough, that peak coincided with its listing on Bittrex, where it gained a Bitcoin pairing for the first time. Since then, it has suffered from a "liquidity dump," meaning people who bought low (like me) decided to finally take a bunch of profits into Bitcoin. But unlike me, these people were probably bigger holders, and they needed the liquidity of Bittrex to sell their tokens. This is evidenced by the enormous listing dump. Not only did XLM itself tank into oblivion, but SLT dropped on the XLM ratio, causing a double-whammy of pain for investors. However, looking at its USD value, it has maintained above $2-3 for quite a while. Its All-time-high is around $7, which isn't even that substantial of an increase from current prices. Now we will see if these long capitulation wicks on SLT are the signal for the start of an uptrend....or if it will continue to drop. Investor sentiment has waned a little bit, but Smartlands continues to be one of the best performing cryptocurrencies since the 2018 bubble peak. For the first time in a while, I actually added a small amount to my position yesterday by moving some from one of my other coins (it's still the smallest portion of my portfolio). I think it has room to fall on the XLM ratio, but I want to see if it can maintain the current floor both in USD and Bitcoin value. This is a totally speculative chart, as there isn't really any TA to go on. That's why I left a bunch of room to the right. This is not financial advice. I'm just posting this here for future reference and personal use. Eventually, there will be some price history. I'm only making this a "Long" strategy because my position is long term. I may chose to reduce it if progress starts to slow down for Smartlands. -Victor Cobra
SLong
by VictorCobra
3
Bitcoin Bears About to Be Punished in The Short TermA couple days ago i put out a post predicting that we would break to the upside. Despite all the bears calling for the market to break down we ended up breaking to the upside as i predicted. The previous trade i posted is still working away with targets around 9800 and my stops have been moved to the 8550 area to guarantee that i lock in some profits . On the lower time frame you can see whats going on in my 30 minute chart. The market started to make a market structure top on the 30 minute and hourly chart. After poking around and breaking a few stops the market decided not to breakdown. Instead it reversed and put in a market structure bottom on the 30 minute as well as a bullish divergence. Seeing the market given an opportunity to breakdown and instead reverse and print bullish market structure is very bullish on the short term. Off of the market structure bottom on the 30 minutes chart i drew a small AB=CD pattern on the lower time frame which points to a target in the 9600 range. Looking back at my daily chart i notice there is alot of confluence in the 9500 to 9800 area. Plenty of people will be taking profits at the 38.2 fib, they will be taking profits at our 4 hour AB=CD target and our 30 minute AB=CD objects. They will also be shorting the red line which represents previous market structure tops. This being said in the short term i expect a stab up into 9500 to 9800 areas before we enter a correction. Once that correction is complete we can start thinking about the moon but until then stay focused and make sure you can come back to play the game again another day !!!
BITMEX:XBTLong
by joshbuilds
Is #BitcoinForPresident making 2019 ATH's this weekend?It appears as though Bitcoin is going to finish this pattern by the end of the weekend. In one of my previous posts on Bitcoin i talked about the upward sloping trendline & how every time #BTC has traded on it since April / May, technically even further but not on this chart, we've seen parabolic movement, and we seen just that. I've adjusted the line slightly in this chart, the Green line is where it was previously, and you can see Bitcoin is forming what I call a Wu Tang pattern, or simply a W. Time will tell per usual.
BITFINEX:BTCUSDLong
by ScotianBot
2