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Bitcoin-usd

Bitcoin: A Bubble To Burst?Fasten your seatbelts, because this week there will be something interesting, including the OPEC’s meeting and the US and Eurozone’s inflation data. Meanwhile, all the majors are keeping their ranges. The only exception is Bitcoin which has climbed to the new record highs. The currency skyrocketed to $9500 on the news that one of the largest South Korea’ commercial banks Shinhan is testing a virtual Bitcoin vault which is expected to be offered to clients till the mid-2018. From the beginning of this year, this cryptocurrency has already added more than 900%. Of course, compared to Etherium’s +5000% is just nothing, but anyways. Today’s morning Bitcoin peeped into above the $9500 mark. We can see all the signs of a market bubble. Of course, it may take a while for this bubble to burst, and we still don’t know the possible reasons. It will also may take a while before the market starts panicking and breaks into a run. What we see now is a growing popularity of the digital money, let’s say ‘crypto boom’. So, it will likely continue scrambling to the upside. The test of $10 000 mark is not ruled out, and we may see it this week.
BITSTAMP:BTCUSD
by HelenRush
Bitcoin USDPrice has broken through and closed outside of the triangle. Im not in this trade. Im just pointing out that people do and can trade against the trend of the market. For me BTC has to much volatility, which is usually a good thing! However we can clearly see people / investor groups manipulating BTC on a weekly basis. So in my opinion i don't trade against the trend on any crypto's. If this was the EURUSD i would be all over it. Even Warren Buffet wouldn't be able to manipulate the forex market.
COINBASE:BTCUSDShort
by Richie_the_trader
Bitcoin hits new ATH $8288, where next? [BTFD] 1 Trillion MCap?As we reach a new fresh A.T.H of $8,288 we will re-examine BTC/USD on the 1hr Charts - we are now setting sail for the 1 Trillion mark Market Cap in 2018..... Market Cap: tops out at $244 bn to push Bitcoin to the new highs, although the 2nd McapATH didnt create another all time high for bitcoin and now looking like it will break down good support for alts too, in general the market as a whole is on the up now, where does Bitcoin breakdown or will it continue its highs? the chart reflects the downside of bitcoin if/when it breaks down, we all know a re-correction is due - checking the MA's and indicators to give us a clear signal first. Have added the moon phases to the chart too just a matter of time now, maybe the last major entry or so before the new year....who knows!! some possible buy zones have been highlighted Hammer Candle is my final shorting signal, the death cross if formed will nail this trade happy trades! interact and get real time updates in our telegram channel: t.me
BITSTAMP:BTCUSDShort
by majorlee
Bitcoin vs US Dollar - 1hr Cup &Handle to $8,000 and beyondBitcoin formed a cup and handle as well - keeping to recent channel but expecting the reverse like clockwork if the following plays out bullish sentiments may take towards a new ATH or a double top looking to short from the ATH and then long on the bounce, MACD is signaling over bought sentiments put in channels for typical set ups, be great if it does follow this this also could kill alt trading for a bit, BCH may tumble too nothing is set in stone, lets see it play out folks ty fr all the kind support and likes, plz feel free to share my charts over twitter and telegram, tag me in it and will follow and tag u to 4k followers too! have a powerful day
BITSTAMP:BTCUSDShort
by majorlee
4
BTC bounce at 6000 USDMy guess is that BTC will bounce at 6000 USD. I don't think that the bull run is over yet. As long as the price stays within the pitchfork we should be fine. A daily close outside of the pitchfork would be bad. The Tenkan and the Kijun formed a c-clamp which signals that BTC was heavily overbought, and the correction is currently taking place. 6000 is the level of previous resistance. If it breaks, your best bet would be to set buy orders on the Kijun level. Which is currently somewhere around 5500.
COINBASE:BTCUSD
by ArieCaesar
Bitcoin to "correct" to 4300 USD or even to 3700 USD ->Then UP !Bitcoin / US Dollar: 1) From July 16 to August 22, 2017: Rally from 1830 USD to 4480 USD, with a final correction at 3753 USD. Trend reversal (up->down) happened at about August 17, 2017. 2) From August 23 to September 15, 2017: New Rally to 4964 USD (so, JUST below 5000), with a final correction at 2972 USD. Trend reversal (up->down) happened at about September 1st, 2017. 3) From September 16 to October 15, 2017: New Rally to 5830 USD (so, JUST below 6000), with some signs of an actual correction (October 16, 2017). I believe that the third rally is already finished and that we are entering a downtrend. So, I think that NOW is a good time to SELL Bitcoin. What will give the actual correction? I believe that the price will go down to 4300 USD, which is the previous resistance level and also a whole number in the graph (upper red line). It corresponds also to Fibonacci's level 38.2%. It is possible that it will go even lower to 3700 USD, which was the older resistance level. It is also a whole number in the graph (lower red line). SO: NOW, WAIT FOR BITCOIN TO GO DOWN TO 4300 USD OR EVEN TO 3700 USD. I DO NOT THINK IT WILL GO LOWER. THEN, WHEN THE TREND GOES UP AGAIN, BUY (AGAIN) BITCOIN. IF THE PATTERN IS RESPECTED, THEN BITCOIN WILL GO UP AND TOUCH A LITTLE BIT LOWER THAN 7000 USD OR A LITTLE BIT LOWER THAN 8000 USD. THEN, IT WILL GO DOWN TO A REGION BETWEEN THE LAST ACTUAL HIGHS (5000-6000 USD = RED ZONE IN FIBONACCI IN CHART). One observation: Trend reversals of BTC/USD seem mostly to happen in the middle of the month (except the downtrend that started on September 1st, 2017). I do not know if it is pure coincidence and I do not know neither the explanation of why this is happening. We should check in next months to verify if this a pattern. For the moment, I propose to keep an eye for trend reversals when we are approaching in the middle of a month! Feel free to add here your comments and ideas! Nick
BITSTAMP:BTCUSDShort
by NickTsili
3
Ethereum - ETH USD - Descending ChannelAccidentally posted a private idea several days ago. This follows on from that - Ethereum broke out of an ascending channel it had been in since late September after forming a head and shoulders pattern and a break of the neckline. It is now in a narrow descending channel with a potential downside of around $250 levels. If it breaks up, out of the channel I would expect the neckline of the H&S to act as resistance. I will be refraining from entering an ETH trade at this stage until the market settles down around this first BTC fork at least.
BITFINEX:ETHUSD
by C-Nagle