I expect a leap of time
Robert647373 posted:Leap of time?
I expect a leap of time
Robert647373 posted:
I expect a leap of time
Are you expecting bullish moves as like 2017? Or anything else? By the way, I am very much positive on BTC!
Mar 06 2020 at 12:23
I wonder when this will actually happen? Bitcoin has been staling for a while now, maybe they are waiting for halving to come into action before flying it up?
PeteLanceley posted:
I wonder when this will actually happen? Bitcoin has been staling for a while now, maybe they are waiting for halving to come into action before flying it up?
May be. I also think that the halvening is already cashed.
Mar 09 2020 at 12:33
Do you think the halving is already priced in than?
TheGreatRecycler posted:Like i said in the above post - yes.
Do you think the halving is already priced in than?
How do you think when the price will be higher?
Mar 17 2020 at 09:18
Nil2589 posted:I think that the price has already broken its bottom, according to my forecasts for 1-2 months bitcoin will rise to 8000 $
How do you think when the price will be higher?
Hi all. Let me present you my latest Bitcoin (BTC) analysis.
First of all let`s check what caused this huge dump.
The main reason must be the COVID19 world threat and yes if you think the same you`re definitely right. But… and this is quite big “BUT”, there`s also some other rumors at which I want to drew attention too.
The first one is Whales. Yes they`re greed. Yes they`re powerful. And yes, they have all the resources to manipulate the market for the simple target… to accumulate more coins at the lowest price possible. In evidence of this (or kind of evidence) I can point the number of BTC whales during this dump – more than 1940.
The second rumor which i`ve heard lately and it`s VERY interesting is that this dump was caused by the miners, big miners and they`ve used COVID19 as a look-alike trigger. In front of the halvening, big miners wanted to destruct small ones with sell off and that must be started from 15th of February. As you must know after the halving this May:
1. The production and the profitability of/from BTC will be cut in half.
2. The expenses to mine will stay the same or even bigger if there`s inflation.
3. The miners will be the same number as now.
And from 1,2 and 3 is popping a problem – competition.
How the big miners can destruct the competition of small ones and get them out of business before the halvening? Easy. With big sell offs, pushing the price down and down till the small ones become unprofitable and capitulate.
Like I said this is just a rumor but it`s very interesting one and may be the latest hashrate is kind of evidence for this theory (about 30% decrease from the latest ATH).
Now let`s get to the technicals.
1. Pivot point for this week is $5794.92 Weekly candle close above it – GOOD. Weekly candle close below it – bad.
2. 200 Weekly SMA – price is back above it – GOOD.
3. Resistances:
1st $6400 (by previous PA)
2nd $7300 (by 61.8 fibo level and previous PA)
3rd $7800 (by previous PA)
4th $8500 (by 50% fibo level and previous PA)
4. Supports:
1st $5300 (by 78.6 fibo level and previous PA)
2nd $4100 (by previous PA)
5. And last but not least check the purple marks. In short, every time when we see such high volume and such highs or lows in price, the trend reversed afterwards.
P.S. Last thing which i`ve checked is Crypto Fear & Greed Index. It shows extreme fear and I have a moto: “Buy the fear and sell the greed.”
That is my vision for the latest circumstances and the future possibilities about Bitcoin.
Fichiers joints:
I think generally for the time being it seems to be upward but in the coming weeks the US will get hard by the virus and cause another massive sell off
If you can't spot the liquidity then you are the liquidity.
Mar 22 2020 at 12:39
Looks like a rising wedge up to the previous support. I think i'll be opening some short positions...
All or nothing
sebking1986 posted:Or just this virus hit will be used as a curtain for another dip? 🙄
I think generally for the time being it seems to be upward but in the coming weeks the US will get hard by the virus and cause another massive sell off
Mar 25 2020 at 15:56
great work momo! keep it coming
Good work. It’s nice to just look at such a beautiful analysis.
Thanks guys. 😉
You really do that work well. keep sharing.
Mar 31 2020 at 14:41
Bitcoin will drop further before going up again.
The Federal Reserve is now printing INFINITE Dollars with 0% interest. $USD will soon be WORTH LESS. The time has come to be your own bank fellas and look for gold or bitcoin instead, bitcoin has already started going up(source - https://bitcoin-pris.se/) and there's good profits if this trend keeps going.
For those of you who has alot of dollars time is of the essence, few hours ago somebody just bought 1000 BTC with USD over kraken, and that's likely not the last whale to come, soon big corp around the world are possibly going to get rid of their dollars which could mean that we're looking at an all time high for Bitcoin and other crypto currency as the monetary market is crumbling and resources gets harder to transport because of the virus and politics.
For those of you who has alot of dollars time is of the essence, few hours ago somebody just bought 1000 BTC with USD over kraken, and that's likely not the last whale to come, soon big corp around the world are possibly going to get rid of their dollars which could mean that we're looking at an all time high for Bitcoin and other crypto currency as the monetary market is crumbling and resources gets harder to transport because of the virus and politics.
