FollowMyTrades

The incredible rise of Bitcoin - $BTC.x

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Just a little chart showing the incredible run of Bitcoin             over the last year.

What stands out to me is the pullbacks are all very similar at around 38-40% after a strong run. If we apply this logic to the next pull back, if price was to reverse now we could see lows of 7-7.5k.

With brokers recording record sign ups and limited coins in circulation price looks sure to go higher. How will bitcoin futures             affect the price? I'm not sure yet, nobody knows.

Do I want to miss out on the mania? Defiantly not, I'm in at 9050 after having previous buy orders missed by a few dollars (orders in at 3500 and 5500!) It may be a bubble, it may not, but bubbles can last years and I want a piece it!

My usual risk management is applied even if it doesn't fit my usual trading criteria.
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out