I'm fed up with BTC and this is where it's got me. The anals-is is pretty self-explanatory. #1056 on a Wednesday.
I see people in the chats discussing why Coinbase is $100 higher than other markets. As with my previous post, it likely is due to the email they sent at a quarter until 5. Here is the message I received, identical to GDAX: We wanted to remind you that the upcoming Bitcoin Segwit2x fork is projected to take place on November 16 and will result in 2 bitcoin...
I am no longer trying to explain this. I got an email a few hours ago that Coinbase and GDAX would be trading Bitcoin2x on its release. Furthermore, they'll be issuing it to all Bitcoin holders, unlike prior splits. Any other explanations for this recent blow past massive resistance lines would be appreciated. Either way, I'm glad I jumped on this rocket.
After last night/this morning's gains, we've had a short term correction and a descending triangle seems to be forming. If it continues I'd say its a good time to short.
BTC is getting ready to wrap up an ascending triangle and likely create a new high. Here's to hoping it pays off.
I bought mid-way into this downward trend anticipating it to hold a higher support. It's been struggling to make a hammer on the latest candle. If this latest support line holds the RSI and MACD anticipate a strong upward trend for the next couple hours.