BTCUSD 1D: Core released. Fifth wave leads to around 7.000 USD.
Updated
As I predicted (Chart Aug 23), there will be movements during the new release of Bitcoin Core Version 0.15.0. Currently we see a healthy correction with a fast recovery. Bitcoin Core Version 0.15.0 was successfully introduced on September 14. Thus, significant innovations and improvements for the Bitcoin are now possible. A further increase can be expected. According to normal market laws the market now has to calm down. A further correction and cooling down at around 3,500 USD is possible in the next days. A further faster increase is also possible due to the new BTC Core Version. Basically, the target is still around USD 7000/6500 until the end of the year. The next few days are important. A further correction could also go below 3.000 USD, if the new version of BTC is not as good as mentioned.
Let's see what happens. Happy trading. :-)
See also:
Chart Aug 23
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Chart Aug 14
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Just for Info:
https://bitcoin.org/en/release/v0.15.0
Let's see what happens. Happy trading. :-)
See also:
Chart Aug 23
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Chart Aug 14
[url=
Just for Info:
https://bitcoin.org/en/release/v0.15.0
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BTCUSD (8h) close-up of the current situation Comment
we recognize at the 8h timeframe we have reached the restitance. at the 1d timeframe we broke through the resistance. 1d is usually stronger than 8 h. Nevertheless, a correction to around 3500 is to be expected. than it could go up. 1D Timeframe
8h Timeframe
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we passed the 8h resistance. 1d resistance ahead. trendline in sight.Comment
another trendline also possible (dashed one) imoComment
BTC has exactly stopped at the resistance line and follows the black trend line. Now we see a normal correction. According to the technical analysis, this goes down to max. 3500. We will see if we really have a trend reversal now. Comment
Chart update (BTCUSD 8h): We are now above the middle line of the bollinger band. I still see two possible trend lines. By the way:
Some people believe that Bitcoin will make another strong correction. I don't expect that (read above). They assume that bitcoin is ready-made and it can be traded normally, like classic currencies. But I don't think that's the way it is. Bitcoin is still in a beta phase. Basically technical chart anaylse works with cryptos, but with technical innovations (core 0.15.0 is not a rumor, but a fact) the trading strategy has to be adapted. IMHO.
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BTCUSD 8h update: BTC has stopped exactly on the trendline. let's see if it continues positively today. it's important that he breaks the resistance back up to 3800.Comment
so, the support at 3500 was strong enough. the next two days will be determined. if the btc will break the resistance line, it goes up along the trendline. let's see.Comment
BTCUSD (1h): important day today. let's see if the support is strong enough. current update ...Comment
current situation at btc (4h): on the way up through the little decision triangle. the next hours ar important for the general direction and to confirm the situation.Comment
It's going to be exciting. The 3,800 have been broken (decision triangle). It is important that they are confirmed for a while. The resistance line becomes now supportline (3,800). Should the first test go down to the "new" support line, the upward trend could be confirmed. I'll keep you informed ... Comment
BTCUSD (8h) Update ... Currently, the price seems to be stabilizing. Here an idea about a possible short-term movement (dotted line). the situation is still fragile.Comment
BTCUSD (4h) Update. Short term dotted line works. Resistance (4100) touched. Support 3900 confirmed. More up possible.Comment
Next resistance line broken. a clear signal.Comment
update. next possible wave ... (dotted line)Comment
btcusd (8h) here is a brief update of the possible short-term trend line.Comment
here we are. resestance broke. next resistance at 4.400. the general trend line works perfect. let's see the next steps.Comment
A relaxed correction down to about 4.000 should be expected or btc goes sideways. Look at the short-term trend lines (dashed and dotted).Comment
The next resistance (3380/4400) was broken. This results in two possible further trend lines. Either the 4400 will be tested again before it goes up again. Or the path maybe leads directly to the area around ATH.Comment
now we could see the expected correction. support at 4200,4000 or 3800. in my eyes a normal step on the way up. at best, we only see a sideways movement. the other cryptos will fall a little too. two new short term trendlines:Comment
current update (8h): we could see an interesting development. two short term trend channels could crystallize out. channel 1 (dashed) slightly steeper. channel 2 (dotted) slightly flatter. otherwise the well known support lines. should there be a correction in the next time, we could assume a stronger support at about 4000.Comment
the next minor resistance is broken. let's see if 4500 could be passed.Comment
btcusd (8h) update: 4600 broke. btc still on track. confirmation next step. then further up possible. Comment
btcusd (8h) update: after a little correction and a retest of 4500 we might be able to see the next ATH this week. Comment
btcusd (8h) update: maybe a possible trend path for the next few days.Comment
currently we may see the last fight to reach 5000. accordingly, we might expect a sideways movement within the trend channel. should the BTC break the 5000 mark, there could be another strong rise straight up to around 6000.Comment
BTCUSD (8h) update: nothing more to say as BTC right on track ...Comment
BTCUSD (8h) update: BTC nails the trendline. Next resistance at 5300.Comment
BTCUSD (8h) update: We've past 5300. Now be watchful. A small correction could come and thus create a new opportunity. Let's see ...Comment
BTCUSD (8h) update: Next resistance 5400 shortly broken. A cooling down would be good before maybe the next step starts.Comment
btcusd (8h) update: the market is currently very strong. the question is, when will a short-term correction come and how strong will it be? here is a first cautious forecast. I will adjust the chart as soon as more clarity is back for me. Comment
btcusd (8h) update: as I predicted in the last comment, the market is slowing down. today is a little day of decision. according to the trendline, maybe we should see a correction. this would open up new interesting opportunities for entry. If the current resistance would be broken upwards, an upward trend of over 6000 could be expected. Let's have a look. Comment
btcusd (4h) update: decision point is reached. if we use a short term fibo, it may go down to 0.5 (5100).Comment
btcusd (8h) update: btc touched 5100 (fibo 0.5). prediction from yesterday was correct. little correction could be over. lets see the next steps. Comment
btcusd (1d) update: the development looks quite good. maybe we'll get there a little faster. let's see.Comment
btcusd (1d) update: nothing more to say as ... :-)Comment
btcusd (8h) update: btc is unstoppable. it runs right along the trendline. if there will be another small correction is still open, but the way up could also run directly.Comment
btcusd (1d) update:be watchful. the fifth wave could be over between 6300 and 6800, if we are not in a bubble. at the moment i can not see a characteristic of a bubble. just for info: I trade only the big waves, started near the bottom (IV) and now I am satisfied with my profit. so I sold all my btc today. my focus is now on ripple. nevertheless I will update this chart in the future. Let's see how the curve really ends.Comment
btcusd (8h) update: btc could not break short-term resistance.Comment
btcusd (1h) update: double top? if yes, more down expected.Comment
btcusd (1) update: no double top on 1h ... forget the last post.Comment
btcusd (4h) update: no matter if double top or not - it goes further down. target around 5100. maybe interesting for re-entry.Comment
btcusd (8h) update: more down possible. maybe a light support line could appear, then short term up.Comment
hardfork gold was a little earlier, as announced. there was no push. the downward trend could continues. we could see a stop at 5100/5200. perhaps we are starting to see a slight upward movement today.Comment
New chart in addition - Bitcoin Forecast 2018. Down, then 9000 USD possible. BTCUSD 3d.
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btcusd (8h) update: maybe a head and shoulders pattern ... be watchful.Comment
btcusd (8h) update: do we see the resistance line breaking at 5850 today? then a further up to 7000 is quite possible. If the resistance line does not break today/tomorrow, a down to 5200 could be expected.Comment
btcusd (8h) update: resistance line 5850 broke as expected. 6000 and more possible.Comment
btcusd (1h) update: be watchful. 6000 is a strong resistance. let's see.Comment
btcusd (8h) update: everything is possible. we'll see. :-)Comment
btcusd current comment: in this chart from september 16th I included a bubble in the last waves (7000). I always hoped it wouldn't come to a bubble. because this could hurt the reputation of bitcoin and lead to a crash. which is why I sold at 6300. currently we are not in a bubble yet, but we could get into one. let's see where it takes us.Comment
btcusd (1h) update: maybe last short term step (3. step) ahead. Comment
btcusd (8h) chart update: Bears flag could show up. Retracement down to Fibo 38 (~5000) is possible. the resistance line is not broken yesterday. in principle, this is not a bad thing. we haven't run into a bubble yet. Let's see what happens today. if it is a bear flag and we see another "flag wave", a correction down to 5700 could be (dashed line). Comment
BTCUSD (1d) update: Precision landing. It's really amazing, BTC has reached the Fibo area I have predicted at Sep 16, exactly on the way and in time. My analysis started at 3600 usd. The Fibo Area is between 6300 and 6800. This makes 7000 or just slightly less than 7000 possible. As you know, I got out at 6160 (21 oct) because I trade "stress-free" and the big waves. I am very happy when my analysis has helped that many of you have made such a good profit as I have. I wish you all the best for the last few meters to get out in time to take as much profit as possible. Be watchful and carful! We are on the way to the top and there can be a quick change at any time. Although there's good news going around right now. Happy trading. :-) I will keep you informed.Comment
BTCUSD (1 WEEK!!!) update: We've entered the bubble area. Anything is possible. More profit could still be possible. But be watchful.Just one more thought: CME Bitcoin futures want to announce a success at the end of 2018. They don't buy expensive but cheap. Don't overestimate this news.
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BTCUSD (1d) update: end of wave 3? are those the last three steps up to the summit? maybe.Comment
BTCUSD (1d) update: exactly on the dot, we have reached fibo 1.6. should the btc go up even further, this would be a mega bubble. so, be careful. Comment
BTCUSD (1h) update: see where the price is tomorrow. Now the nervous phase begins.Comment
btcusd (1d) chart update: there could have been a new trend channel up to nearly 9000. is to be considered with caution and it is still very raw. I will continue to follow the idea and keep you informed. lets see. but be careful. it is still unsure.Comment
btcusd (4h) update: first picture of my possible new chart. if we saw today the top, this could be a cautious forecast. is still raw and unsure. 2x makes the market react very sensible. the leaf can still turn at any time and the bubble could get bigger.Comment
btcusd (1h) update chart: maybe a head and shoulders pattern. pattern is still unsure, but be watchful. Comment
btcusd (4h) update chart: if btc break resistance at 7400 more is possible. dynamic period. lets see. :-) Comment
btcusd (1h) update: maybe double top? we will see.Comment
link just for info - for all those who don't know what to do with their BTC profits. ;-)
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btcusd (4h): at the moment I am cautious with short-term forecasts. here's another try. maybe possible.Comment
btcinvests is my new name ... Nothing else changes. Make good trades, money is secondary. Be satisfied and happy. :-)Comment
btcusd (8h) chart update: nice and slowly a trend begins to crystallize. let's see where it takes us. I'm still not sure if I should publish a general new chart. An upward trend before the segwit2x is still possible. therefore make "only" an update.Comment
btcusd (4h) update chart: situation could be more clear. the trend line seems to work.Comment
btcusd (8h) update: current chart and links to more infos about the segwit2xnews.bitcoin.com/fork-watch-the-chain-with-less-hashrate-could-come-to-a-screeching-halt/
medium.com/@jimmysong/segwit2x-game-theory-scenarios-part-1-7f863904a72
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BTCUSD (1h) update: this could be the trend channel.Comment
btcusd (1h) update: restistance broke. my current view of the situation.Comment
just for info... after segwit2x canceling i am still working on an new chart.Comment
just for info: don't forget this chart ... the future is now. :-)Comment
To be, or not to be, that is the question... Segwit2x? 15.11.? Fake? Truth? Who knows. Confusing: bitcoin2x.org/en/Comment
btcusd (8h) update: In the last few hours we have reached Fibo 0.62 at 5150 USD. Meanwhile we are already back at 6450 and the next time until the possible upcoming SegWit2x will be turbulent. BCH is currently losing heavily. It can be considered a return transfer to BTC.Comment
btcusd (4h) short update: could be a bear flag.Comment
btcusd (8h) chart update: possible strong resistance at 7250.Comment
btcusd (8h) chart update: 8000 ahead. maybe great resistance.Comment
btcusd (8h) chart update: possible development in the next days, if it comes to a down. all support lines are marked.Comment
btcusd (8h) chart update: do we see a „correction sunday“? i’d say yes. the macd has already turned. if not, it could be expected that the 8000 will be tested again. Comment
btcusd (1d) chart update: strong resistance near 8000 and decreasing volume. 20D-MA: ~7.000, 50D-MA: ~6.000, 100D-MA: ~5.000! Be watchful ...Comment
btcusd (8h) chart update: short info and chart ... the power of btc. 8000 broken. next resistance 8300. Comment
btcusd (1d) chart update: two possible scenarios: crazy but possible - target near 9000 then down. or: after 8200/8300 the correction. in the chart I have drawn the trendlines. lets see.Comment
btcusd (1d) chart update: steeper trend channel maybe confirmed ...Comment
btcusd (4h) chart update: btc on the trendline. lets see.Comment
BTCUSD (1d) chart update: After 9000 correction ahead. Happy trading.Comment
BTCUSD (4h) chart update: 4h zoom in. be watchful.Comment
BTCUSD (1d) chart update (!): x-mas show down up to 11/12k? 
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BTCINVESTING 😃
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BTCINVESTING 😃
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Trading experience for over 30 years
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