It appears Bitcoin's price is bullish once again after a pullback. I got a signal a day ago which I posted showing the beginning of a bullish trend with Bitcoin. Theirs a new bullish engulfing bar with my non-repainting buy sell indicator both confirm a reversal trend to the upside. I changed the settings of my indicator to weed out any market noise to double...
We are currently in a definitive price range. The public seems to be feeling very optimistic about the price of BTC, but I think we are going to top-out and dip back below $1000. potentially $800-$900 medium term.
The only thing that this currency needs to become on one of the big ones, is only interest, in another words, volume.
With a potential and an unprecedented project this currency will soon become I/O the Digital Currency (IOC) and will speak in the coming months surely.
A great call for put long!
Take a look and thanks for your...
After the bitfinex hack, the price of bitcoin plummeted to prior support levels around $536. Once we break $596 (the 50% retracement level) our next level to hit is $610..... Once i see the 50% level break I will go long around $597-$598 with the intent to get out around $610 or higher....I trade using leverage, hopefully the move is quick.....
Backing an "asset" (actually nothing but worthless digital garbage) which is up 1,000,000% (ONE MILLION) over the past 6 years, is the most ridiculous investment in human history. Period! If you cannot see that you are a entirely braindead idiot (no offense, just simple fact!).
Bitcoin's retreat from the falling trend line resistance if followed by a day end closing below 651.39 (38.2% of 435-785.15) would open doors for a slide to 50% Fibo support at 61.08. Such a move would also indicate the retreat from June 18 high has resumed.
On the higher side, it would take a day end closing above the falling trend line to suggest the retreat...
Bitcoin has long been a favorite for those looking for an alternative to centralized fiat money. Although I always thought bitcoin was promising, the technological aspect always held safety and liquidity concerns. Due to the fact that it is hard to prove peer-to-peer transactions, financial institutions - especially in the U.S. - have strict policies and layers of...
Bitcoin traded through the descending channel, which was completed on the selling purge through $280. Although the spike created large positive volume, price action outside the channel remains weak. This is likely to to a "buy on the dip, sell on the rip."
Price action is thought to remain between a larger sideways zone between support of $357.21 and resistance...
If support trend line will be broken we can expect Bitcoin is going to retrace to Fibo's 61.8 % ( 0.618 ( 526.41 ) where we can enter another long position.
This is just closer look of my previous posted idea ''BITCOIN INTEGRATION WITH PAYPAL BEING 'ACTIVELY CONSIDERED'''
Let's see how Bitcoin price is going to develop in the near future. Stay tuned
