Chart shows it all. Opportunity is only for those who risk it. After a touch of 12k-something, expect the bears to continue. This is not advice. Use your own common sense.
Needs a solid investor who believes this can keep going up. Baby rats will follow the whales. RSI has reset but not crashed. If it drops from here, that will be it. If it rises from here, it needs to stay above 13000 for a week. ¯\_(oo)_/¯
Complimenting its traction gained in infrastructure, more demand is showing up for Bitcoin Cash increasing the market price. Its attempting to supplant its big brother BTC and is attracting miners with high profitability due to the recently introduced 24hr dynamic difficulty rate. The bullish slope is steep though and BTC is well entrenched for new users. ...
With the reduction of developer support, high fees, slow transaction times, and growing demand for Bitcoin Cash as a replacement, I'm sad to say the Bitcoin Core team has effectively killed off the BTC symbol. It may last for a few years but I do believe this is the beginning of a very long bear period for BTC with a couple of strong bounces. Bitcoin Cash needs...
Wars, global inflation, etc... lovely stuff. Stock market is faking out so many with its final push. If USD doesn't inflate, the rest of the world will. Buy in the targeted green zone.
So it looks like we took the low road. Mainly because of margins that got called in August on several trading sites (BITFINEX) which blew out the previous bottom. Bitstamp and other exchanges had to follow or risk losing on arbitration. This is only a bubble prediction. Bitcoin still isn't mature enough to prevent over inflation of its worth. After this next...
BTCUSD is currently at the 50% halfway point since the '13 ATH . If it decides to go ahead and push pass it, it'll begin to see some higher highs and eventually obtain another ATH sometime next year due to the lack of resistance past $800. If not, it will be stuck under the $675 slash 50% area for the rest of this year. Both areas are ripe for additional...
Looks like mETH won't get another high in a long while. 70-80-90% down is about normal for crypto. Should be some consolidation along those points with some retracement. Ya, not a proper EW pattern but it's close enough. Horseshoes & Grenades.
It's all about the angles of attack (consolidation). Ya I know this is a weird chart, but I kinda like it. Its BTC / CNY mult by the division of CNY to USD and divided by the price of gold in USD. So in essence, how much gold can buy 1BTC? And how much volume does all of these symbols contain? Consider this your prophetic warning. This upcoming bull run...
USD & BTC near par on monthly inflation percentages. Next BTC halving expected late July. Corrected missing 2015 USD inflation data from Quandl.
I discovered this fib angle during the recent bull move to the upside of the local triangle. These cyclic lines and the sine wave were just put in for possible time sequencing. I don't think this recent bullish move by LTC is going to assist BTC at all in the long run. LTC will have it's mini bull cycle and BTC will falter along the bearline. Most probably,...
Just a prediction . The black line is more probable but the red line could happen if the current base that is being made gets destroyed. The green circle indicates the last time the historical support line was broken. It dropped below 91% because there was no additional support beyond that. At $140 there is old support from the last base so bitcoin shouldn't...
I actually made this a while ago when I created Bitcoin Truevalue and haven't adjusted the current curve at all. Basically, all the trading ranges can fit nicely into these curves and rarely escape out of them. I tried curving out the rest of the bull-run in years past but they didn't really fit the curves. I'm thinking it's a result of matured trading instead...
Won't be long now until everyone recognizes this is the top. Last ATH in '01 reached the 80's ATH 50% limit before rolling back down after 1.5 years. All currencies that are /USD should expect to see some capital rolling back into them in about a week once these support lines start being breached. DXY has a history of making long movements so if this begins to...
My intuition says up but we've been going down for so long, it only makes sense to short right here. Break that local yellow trend line and stop out though! Someone posted an ALMA chart a couple of days ago that show a demanding breakout around the middle of January. I might do the same thing if I cant find that chart. If we don't do anything, I think we'll...
In the very near future (3 days) MFI is showing potential for closing a short and then awaiting a burst of bullish energy. The analysis of the bottom tips in OBV show this recent bottom might just be it. I'm all for going lower if the market wants it though. I could always buy me some more bitcoins. =D This chart definitely shows we could be in for another...