This market trading analysis applies to various exchanges, including Bitmex and Binance. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space.
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As a professional trader, I don't understand the reaction from most people in the Crypto Community There was a major resistance zone around 6400 and Bitcoin broke through that zone. What happens is that resistance zone now becomes support. You could see the price slowing down around the $8,600 mark and going to reverse. A day before this big drop the whales put all the orders in the Bitcoin Shorts and then today sold and re-bought near the support zone! This is all basic trading and ta. If you work out the basic math from here bitcoin will now reach the top of the weekly 2018 triangle pattern around 10500 – 11000 area. I am increasing my bitcoin daily waiting for the full swing or full effect of the bull run by trading a certain percentage of my bitcoin and holding the profit. That’s common sense if the price sky rockets I win big but if a correction occurs I still win. I use the signal services provided by the best out there Gérard Barrientos (gerardbarrientos6672@gmailcom or on WhatsApp +447427159640). I have used the services of other providers but none comes close Gérard. His signals are always accurate and easy to use and understand. I urge all of you looking to make a breakthrough in bitcoin to contact him today.
The Ichimoku cloud doesn't say it but when I remove the cloud, I clearly see it using gap-to-fill strategy.
hi my name is meir barac and i have a question for you…… im like pfffff fuck off
your microphone is still clipping…might be CPU
Bear traps out, the billionaire bear catcher buys the traps..
@t
BEST PUMP GROUP
@t
best pump group
@t
You don't know how to use fibs……. please stop doing TA…..
Every time Bitcoin has seen a pullback of 30 percent or more, it was always followed by a sharp rally and gained on average, 153 percent after every price drop, meaning that there will still be plenty of buying opportunities even in the bull market. Once the current resistances are crossed, the next significant would be at $9,400 and the current situation is just to dissuade us from buying more. BUY,TRADE,HODL and to go about this easy, use signal services like that of Robbert Wiegman. In the last 1 week, my holding increased by 3 btc earning me over $18,000 using his system and as a security, i convert a certain percentage of that to FIAT and keep trading. Its a very simple but rewarding strategy as i have experienced already because his signals make trading easy and very profitable due to its accuracy. This is a critical time and must be taken advantage of before bitcoin becomes too expensive for the average person. RObbert's contact is "robbertwiegman@gmailcom", and anyone can reach him for some guide on how to make the best use of the prevailing market
4k maginot line
Liked and subscribed. Great explaining. Would like to go deeper into the t.a. rabbithole.
Forflies, your original vibes are clear and present again. really appreciate you checking the ego. you are a good lad and wish you much success.
The force is strong with this one. He is a Jedi.
In case you missed this news, I wonder what's going to happen when it reaches the Far East soon: A billionaire – and potentially soon to be Bitcoin baron – has apparently offered to buy "25%" of the entire circulating supply of Bitcoin – a massive 4,432,740 BTC, which at current exchange rates equates to $38.5 billion.
Stop worrying about daily price movements. No crash or moon scenario on a daily chart.
Tether is buying btc to pump prices to dump
Extreme manipulation
Perhaps the 9k is such an important profit taking level because it's 3x from the 3k region. It's a pretty common method to take out 1/3rd if a position does a 3x.
BTC has never eger retraced to the 382 from a parabola!The 618 is at minimum were BTC heads.
Talk so fast. Jesus
Your old mic was clicking so you got a new one… Of the same mic… And expect it to be better?
I have faith that the higher low support line from June to October 2018 won’t break again. It also ties in with your ichi/fib level too, if a little lower.
"every picture tells a story dont it" look closer young skywalker, retailers took profits having waited 8 – 10 mons, blended buys will continue, i like the big picture, the accumulation continues, 26% institutional buys to the BTC supply, there going to be a quickening with constrained availabity of supply soon! just an observation on the escalating big picture ! Old Fart in Crypto@Forflies
I haven't forgotten those body blows, there was one only ten days ago, and also the whole of last year buying the dips
"People were saying that's bullshit" haha the bulls were eating gains and dumping ?
Mic sounds good. A bit of a crackle sound going on though
We've a strong bearish reversal signal in Bitcoin CME daily chart: the candles show the Abandoned baby bearish figure.
dollar cost averaging saves you the bullshit feeling
CRAZY?, it touched exactly the weekly closing high of july28.
Great update Sami. Cheers ?
Sound is still clicking – it don't seems to be a microphone issue in the first place. sounds like digital clicks; could be a disturbance of the current by certain devices or just clipping
if the market crashes will bit coin go up.
bitcoin is finished . best we sell up and go back to trading shiny beads, cattle and the other thing
That was a textbook 335 extended flatcorrection
I didn't forget that feeling… 🙁
We going 19% down and then 10 Jun will start bullrun
I was anticipating a 10k BTC today, oh well……HODL
I'm a single straight woman but right this minute looking at the chart, even I am fearing that my wife may leave me
And crash ??
4th
Always on point bro, one of the best in the crypto space.