Xbtlong
BTCUSD Today 20/01/2020Hello friends!
The price declined as part of a local correction.
At the current moment, we expect continued growth.
Also, activation of the alternative variant is not ruled out, in which the price may continue the correction to the level of 7800 (possibly lower). Visually viewed a wedge model, which can be the beginning of a strong upward movement.
Good luck to all!
BTC in 2020 (waves) 11.01.2019Hey to all!
Bank of America Merrill Lynch recognised Bitcoin as the best investment asset for the last ten years and 2019.
The dynamics of the Bitcoin exchange rate depends on the rhetoric of representatives of regulatory bodies and representatives of the authorities. There is positive news for the crypto industry that can strengthen the position of Bitcoin in 2020.
For example, US Congressman Paul Gosar introduced a bill aimed at clarifying the regulation of cryptocurrencies. The law was called the "Cryptocurrency Act of 2020". It defines how US financial regulators should regulate the cryptocurrency industry. The bill divides crypto assets into three types: stock commodity, stock securities and cryptocurrencies.
The bill proposes a “Federal Regulator” for each of the categories: Commodity Futures Trading Commission (CTFC) will regulate the first, the Securities and Exchange Commission (SEC) the second, and the Financial Crime Prevention Network (FinCEN) last.
On December 20, Republican Warren Davidson, an Ohio congressman, and Democrat Darren Soto of Florida introduced in Congress "Token Taxonomy Act". If the bill enters into force, then cryptocurrencies will cease to be a phenomenon that the Securities and Exchange Commission (SEC) is entitled to regulate.
The amount received for creating a block of Bitcoins is reduced by about half every four years. Until the end of November 2012, the reward for the found block was 50 Bitcoins. Over the nine years of the existence of Bitcoin, this figure dropped to 12.5 Bitcoins.
A new Bitcoin halving will occur around May 17, 2020. After this event, the block reward will decrease from 12.5 BTC to 6.25 BTC. This reduction was initially laid down in the Bitcoin program code. It is assumed that a decrease in supply will lead to an increase in demand and, accordingly, the value of BTC.
2020 may be better than of 2019. The rally of bulls should be expected from February to June. Maybe by then, the regulators will approve new laws.
In the seasonal cycles, the “bearish” phase falls from June to October. If in January the price remains to trade above $ 7,500, then by the end of the year, growth is expected above the high of $ 13,920.
Good luck to all!
$BTC Fib Holy GrailPublishing this chart to see the relevance of these fib's, and custom fib's.
Red and Green boxes are just the current CME gaps that exist.
We're at a critical point for Bitcoin. Many bearish and bullish possibilities from here.
Does feel like Wyckoff, so I have a hunch we're going up. But, will react either way. I have a short still open from $8440 $XBT.
BTC and Christmas holidays (waves) 27.12.2019Hello friends!
The price updated local lows and formed a momentum in wave 1.
We recommend considering conservative purchases from the support level at the price of 7000.
Alternatively, the price may continue medium-term consolidation to form a larger correction model.
In general, in 2020, our fund expects the end of longs correction of priceies in the cryptocurrency market and the start of bull rallies for many cryptocurrency assets.
In high-level financial circles, information about impending risks for the stock market begins to slip. If the information is confirmed by price reductions, then we can expect an increase in the demand for cryptocurrency assets, which can trigger a good increase in the capitalization of the entire industry.
We wish everyone in the new year an increase in the value of investment portfolios and the fulfillment of your most cherished desires!
Good luck to everyone in the new year!
Bitcoin price overview (waves) 21.11.2019Hello friends.
The situation with price dynamics is ambiguous.
At the moment, there remains the risk of another price decline to the level of 6500 or lower.
Alternatively, we can expect the formation of a model of continued growth, which can confirm the continuation of the bullish mood.
Good opportunity to buy BTC today (waves) 16.12.2019Hello, friends.
We are pleased to announce that there has been a shift in the volume of limit orders, and also a graphical wedge model has begun to form.
The fundamental nature indicates a complete decrease in demand for the purchase, which may open up a sharp prospect of price increases.
We advise you to look for a purchase at the level of 7000-6900, and also to buy at a local correction after the price leaves the "wedge" model.
Good luck in trading!
Short BTC TODAY (waves) 09.12.2019Hello friends.
After a recent surge in volatility, the price is slowly moving towards local highs.
At the moment, one of the main scenarios for our fund is another rapid decline in price of BTC to 6000.
To confirm the sales scenario, we advise you to wait for the breakdown of the trend line border.
A difficult situation. BTC price overview (waves) 03.12.2019Hello friends.
The situation is somewhat difficult to understand for an ordinary investor and trader.
It is very likely that the price will test the level of 7000, after which the beginning of the price up correction.
The main zone of high demand for both the buyer and the seller is in the price range 7300-7500.
Fixation above the specified range will trigger a sharp growth impulse.
Fixing the price below the specified range will send a quote to the level of 6000, possibly lower.
Be careful in your actions and good luck!
Long BTC after SHORT TODAY (wave) 28.11.2019Hello!
We expect a decline in prices either within the framework of the final wave of decline, or as part of a local correction.
Local short sales of BTC be kept conservative.
Active purchases are relevant when testing the level of 6500, or when a bullish wedge model appears.
Good luck to all!
Last short sales TODAY (Waves) 25.11.2019Hi to all!
We expect further decline of price.
We recommend selling from levels 7480-7720 with stop loss at 7880.
The target profit taking level for short sales is at the level of 6300-6000.
Buyers almost surrendered to local fud.
After testing the minimum at the 6500, we recommend that you think about a set of long positions.
Good luck to all!
DANGER for BTC TODAY (waves) 19.11.2019Hey!
At the moment, we have 2 scenarios for the behaviour of the price of bitcoin.
Our recommendation No.1
It is worth selling at a local correction to the level of 8350 with stop loss at the level of 8650.
Our recommendation No.2
In the variant with the upward model (right graph), we should expect a breakdown of the level of 8650, after that you can make long positions at the local correction.
Bitcoin TODAY (waves) 13.11.2019Hello friends!
The market model refined its characteristics.
Currently we are considering a correction model with a finite diagonal wedge in wave (c)-minuette.
In general, medium-term price dynamics are still in the correction stage.
We recommend buying bitcoin when updating local price lowes.
There is also an alternative scenario: a wedge model can be formed as part of a C-Minor wave.
You can see it in the publication below.
Bitcoin TODAY (waves) 09.11.2019Hello friends!
We see the probability of working out 2 scenarios.
There is a good setup for purchases BTC right now.
Sales should be considered from the limit levels.
Buying Details
Bitcoin purchases are relevant from the level of 8780.
Stop loss level is 8700.
The first profit taking level is 9230.
After successfully building the initial impulse and local price correction, a bullish rally may continue in the direction of 11000.
Short sales Details
BTC sales are relevant from levels 8970-9090.
Stop loss at 9250.
The take profit level is 8250.
Bitcoin price overview (waves) 04.11.2019Hello friends!
It's time to carefully monitor the dynamics of price BTC.
At the moment, once again, the correction model has been updated.
We are considering 2 scenarios.
Main
We are planning a set of long bitcoin positions in wave ii (subminuette). We consider the key level of the end of the growth session within the level of 10900.
Alternative
We plan a set of short positions of bitcoin in wave II (Minute):
1) upon reaching 10900;
2) with an unsuccessful session of growth and breaking through the level of 9100.
Good luck to everyone!
Cambio de tendencia en BTCSaludos criptotraders!
El día de hoy vengo a hacer una nueva actualización sobre el precio de bitcoin, al parecer estamos formando un nuevo patrón alcista que promete muchas ganancias... Nuestros indicadores nos apuntan a que se formará durante esta semana un "golden cross" lo que nos confirmaría que el precio puede subir más en las próximas horas.
TP1: 9300
TP2: 10400
BTC:1Ci9CyHUYQHiz4mfK4MFJWDvKGCAfak5f1
BTC SELL OR SHORT - The price of BTC once again confirms the "SHS" pattern it can head towards the 9600 area,
once closing the candle below 9200 it confirms the area of 6500, but it is more certain that
it drops to 6500 when the price drops and closes the day candle under 8800.
- This is a long term trade, which can take up to 2 months or a minimum of 3 weeks, once the breack out to 11000 models will expire.
- The location for you to display good Sell or Short transactions is around 10600-10700 and 10800 zones.