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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Its about to DOUBLE!!! ?
crypto frauds need to be punished so hard at max, inevitable with computing power growth
Although the ichimoku cloud has supported Bitcoin through the last two bull markets, the exponential moving averages were never broken during those bull markets, and thus far the weekly EMAs have been propping up the price above $7,800 quite nicely.
Bitcoin has always been the most obvious chart to read trends, with the most emotional pull to make you make wrong decisions
Lol just thought I’d stop in and let you know the 5560 boys are getting anxious. Tell BTC the longer it procrastinates the more saturated the sponge is getting. I tried warning you guys but….. Oh well ??♂️ obliterate 20k or LOWER LOWS simple
That big picture is beautiful….I’ve rode the precious metal wave and I’ll ride this one out. Although I’m hesitant to fill bags so I’m just stacking fiat and waiting. I watch charts all day and night and I’ve got alerts so I won’t ever miss out
He sounds like Captain Picard-Bitcoin, go to lightspeed!
The sudden crash was presumably caused by a number of technical issues, but analysts still believe that the BTC value will continue to grow. Despite the fact that now Bitcoin is traded below $8,000 it could become an attractive investment opportunity for those who want to buy the dip. At the time of writing Bitcoin was priced at $7,952. so everybody should buy more and join the gain, for me i advice you multiply the little you have with Paulo's strategy, i was able to make 7bt with I.5bt in 3 weeks with the same strategy, You can reach him on telegram Paulophilips440 orWhatsApp+1(919) 561-2988—
Thoughts on Digibyte
what a analysis…Keep rocking that!
By the way people also predicted 0 last time. Did that happen. It’s a complete luck and anything can happen anytime. Bitcoin gives surprises
I hope it goes down to $3k so I can reinvest and ride the wave up again. We have been in a crappy downtrend since June 27.
with the hardships in the world sipping wine on a yacht, you might check your VALUES in this time of worldwide economic crisis..you already are blessed with ENOUGH..if you are thinking of bitcoin to enrich yourself you MIGHT want to check your basic values and go back to the drawing board…YOU are the one i am fighting against, with bitcoin. Like those who praise God and cut off a head…
WHEN > 60% of people think Bitcoin will drop, that's when it will pump!
THE MOMENT OF TRUTH – DO YOU REALLY BELIEVE IN BITCOIN OR NOT …
A question for people Shorting and Longing! If a price is at 10000$ and i want to enter a short at 9500$ with a stop loss at 9600$, i really can't do this because as the price is falling down it will come to my stop loss first, and it will get canceled (if i use reduce only or close on trigger), than as it passes 9600 and comes to 9500 my short order will be filled, but i will be without a stop loss order leaving me completely exposed. So the only way is for me to wait for the price to go below 9600$ and than create my orders- but this is really impractical because i have to sit there and watch the chart all day. This is my problem, can anyone help please. tnx!
nice call!!
Always on point clear logical analysis ?
So are you in the trade now under 8200?
Excellent analysis, you explain these concepts so well
4 hr Ichimoku cloud turned to green!
Well thats a pretty grim outlook.
Excellent TA – thank you Sami =D