One of the fellows following me asked me about Ethereum, and in the process of answering his question, I started on the analysis and figured I'd just finish it and post it. Ethereum is a coin that I was really interested in when I first came back to crypto in July. As time has gone on and all of this bubble has played out, I have become increasingly bearish on it...
Important Reading for Anyone Interested in Bitcoin Cash: www.reddit.com A history of the Bitcoin community over the last few years and how this day came to be. It's absolutely worth your time to read all of it, all the links, and make up your mind as to where you want to stand at this stage of history. I will admit that my estimate in entry points was...
Completely new to trading (august 2017) & this is my first prediction. Would love some input. I believe we will continue the bullish run after a short pullback, and that we will se new ATH before the B2X fork. We will probably see more people buy in before the fork than what we saw for BTG, followed by the now typical sell off. We just tested the 23% retracement...
Bitcoin Cash has broken the major historical downtrend line convincingly and has come to its first major resistance point, $400. It looks like we're forming a classic cup and handle pattern which is often characterized by some price discovery, taking profits, selling off, before breaking upwards, retesting resistance, and breaking out. All of this is pretty...
The Bitcoin Core chain stands at the end of time. Why does it stand at the end of time? There is a lot of politics around this issue, and I don't care to argue about them. You do your own research. Where you put your money is your business. In the end, whether Core remains the champion, or Core dies as Bitcoin Cash or Segwit2x become the incumbent, where you put...
BTC showed a trend reversel after a clear Head and shoulders . It will follow the lines mirrored to what happened after the BTG -3.19% fork . There will be a dip shortly, but a rise will follow accordingly happen untill Segwit2x, after that BTC will flow into altcoins and thus the price of BTC will go down.
BTC showed a trend reversel after a clear Head and shoulders. It will follow the lines mirrored to what happened after the BTG fork. There will be a dip shortly, but a rise will follow accordingly happen untill Segwit2x, after that BTC will flow into altcoins and thus the price of BTC will go down.
Grap some Bitcoin now @ $5500 Sell them on 16 november, 1 minute after the fork Buy them back mid december Sell them again in februari, and enjoy your 175% profits in 4 months! Buy them again on 1 april for another 125% profits in 2 months... no joke! It can be so easy.. life... and if you are to close whit your eyes, it looks so confusing... Look...
What's most important in trading is protecting your money. Politics do not matter, and actually can be a clever tactic that's used to have people part with their money unknowingly. With the upcoming November S2X potential fork, Bitcoin Core faces a very real potential black swan. Why? Because Bitcoin Core is only able to retarget difficulty every 2016...
My opinion is that bitcoin is going down toward 4k. I compare last price drop (15th of September) and here we can follow the identical scenario (referred picture). All time high followed by a drop and correction. We will expect a fall before the bitcoin gold and stable situation toward segwitx2.
From our 1 day (24hr) Litecoin chart we can see we have formed a somewhat Head and Shoulders pattern. I do expect to see a drop but I don't think by a whole lot. My reason behind that is because the Total Market Capitalisation of the entire market hasn't really gone up or down enough, its been rather similar even though the alt coins have taken a bit of a hit....
Let's see how this plays out on the daily. small dip with 2x fud coming in nov, then 7K by 2018?
The downward trend is broken, volumes have increased and the sell walls are gone. Massive news and developments have been outshined by the bitcoin dump and will now come to boost the price as the team keep rewarding the market with news and efforts.
The trend seems to be going down. Possible causes are SegWith2x and the closing exchanges in China on 30th september..
so looking at the weekly chart, it looks as if history is about to repeat itself with BTC/USD . looking at current fundamentals, this lines up nicely with uncertainty surrounding the upcoming Ethereum hardfork as well as the segwit2x Bitcoin hardfork in November. so, you wanna play smart? don't touch this until that level. what's going on right now is a classic...
Info: After bitcoin topped off at 5000 it made a quick deep dive to 3000 (even going below slightly) this all happened in approximately 13 days. The main reason for this is that bitcoin has completed three waves up and was ready for a potential correction but the china news about banning exchanges let it plunge at rapid speed. The bearish news of china is still...
In my chart of 21 July I described the segwit steps. The prediction was exactly right (first trendline). Now the segwit goes on. Here is the new chart. All other movements I have considered. Let's see what happens. Happy trading. :-) See also: Chart 1/2: Current forecast: