AshtonHunt
Long

A Bitcoin forecast that explains all...

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
After residing in Bali for a month sheltering away from most of the fud and bloodshed throughout the cryptocurrency and indices markets its nice to be back and see a bit of green in the markets. This is my personal opinion on what I believe will happen to bitcoin . The banks want bitcoin more than we do, if they can create an emotional rollercoaster of a ride with the price they can scoop them up from beginner investors. If they hold the bitcoins they can effectively milk the cryptocurrency markets. Now to the technical....


First of all, well done you Holders, bitcoin now in my eyes has regained its bullish status. As you can see we have started to form Higher lows and higher highs, until this structure is broken we are bullish . As you can see we have a progressive bullish triangle that's possible the start to some major support in the future. The great thing about this right now is that price is recovering, creating stability. Bitcoin is very susceptible to trending in a very predictive way with market cycles intra day... However its a bit of a wild beast on the higher timeframes, here is my opinion on what I think will happen. I don't often post on here, feel free to drop a comment If you would like more, in the mean time keep an eye out!
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out