BTC 4HIf the price above $ 46,000 stabilizes, the uptrend will be maintained
According to Bitcoin data, we can expect it to maintain an upward trend
We will enter the $ 50,000 channel soon
Use pullbacks to shop in support areas
Bitcoinbtc
Important new weekly trend coming! Be alert THE LONG Will REKTDepending on the data, expecting this weekly the change in chart for the down trend.
New weekly starting now.
Bitcoin can shows increase trend , but this will be not a real increase. we see that the big companys that normally order weekly bitcoin, this not more done it since weeks and they did stop with this. The known PA funds and more big Companys dont buy more BTC as holding trend.
# The Bitfinex whale have still the 90% of assets on exchange, when they sell, we will get the start of the new crash. and its not a normally way of big whale to let them BTC payments on exchanges for no reason.
I can add more details in this post, but i will be save it for later. the only thing i want add are.
We are not at end 2017 , and expecting that the price of bitcoin will get cheaper than this. if you read my before post, than you will read about the not healthy increase, whale trends and more.
Have good time!
some time bitcoin go slowly to the goal, so waiting that goal.
Have good time all.
This is not an advice. take your own options to trade.
@ the most users have read last time about bitcoin since the twitter hack.
THE RIGHT BUY EXCHANGE WHALE DID TAKE PLACE. GOOD TIME usdt -->just som min ago, i have seen that the buy whales did take transactions in % to exchange.
i will add more info about it later ----> see my before update , expecting a huge increase back, as the most think now btc will go down.
----> bitcoin are very strong the 6K area .
# this will be the proof for more users that RSI or EMA MACD not working for the crypto world in long term, but the trends/data/news/and most important whale effect .
see you at my next update.
if you like my post, pleas give it a like, and follow me for more updates.
BITCOIN Clear Break of the resistance. Watch out for higher lowClear Break of the resistance. Watch out for higher low.
Bitcoin In 2 Separate Pattern Cycles - CryptoManiac101Here we are looking at 2 high potential patterns. First is a Semi-Symmentrical Triangle Pattern or Symmetrical Pattern and second is Downward Wedge Pattern.
Both patterns are bullish in medium term with Downward wedge having greater chance for upward break which would be followed by bull run for few weeks.
Both of these patterns usually breakout after 70% - 77% into pattern with downward wedge taking longer, coming in at 74% - 77% vs symmetrical triangle at 70% - 72%
In other words we can say that out of 100 downward wedge patterns, an average number of 75 crypto coins or stocks broke out 75% into cycle.
Probability of each track that Bitcoin can take are outlined on chart, however keep in mind that they can be changed at any time period after each candle. Do not pay much attention to it, just keep in mind general directions Bitcoin may or may not take.
Indicators
MACD is bullish, no questions to be asked there
RSI / STOCH both indicate that we have room for further downward trend, unfortunately not neutral at all with majority leaning toward bearish.
Personal Take
We personally are bullish on Bitcoin no matter what and just like everyone here, we want to see a break already because we do not need to hit any more supports, bottoms or whatever else some analysts on here will say. We have gone through filtration cycle where newer investors were mostly kicked out of cryptocurrency after panic sells.
Nice thing about cryptocurrency is that it does not matter what indicators say... Most of the times they will do exact opposite. We saw that with ETC, with TRON, STRAT and many other high market cap and medium cap crypto.
Should you buy in or wait?
Medium term and long term investors can without question buy into Bitcoin or alts.
Short term investors should identify their risk ability and if one should decide that they want to minimize risk, then we would recommend to stay back. If you're willing to give it some risk, then enter with Stop Loss, but do not put into limit order. Do it manually just make sure you have access to exchange during majority of day time. If you are an investor who is willing to take a risk, then you should enter without Stop Loss.
Is this a bubble?
Yes, we actually got tons of messages asking us this exact question. Answer is a resounding NO. Not sure why you would even ask that question and compare it to dot com or tulip correction. They are incomparable at all. We are dealing with a different technology that is low on market cap still.
Is whole market a bubble in long term?
Yes, it is a bubble in long term and we all know that. Nevertheless we are talking 5+ years into future or over 200 trillion market cap. Right now it's too early to worry about that.
Recommendation
Choose Bitcoin or few alts. Invest into them today and just walk away for at least 4-6 month. Do not keep trading them because you will end up FOMO - ing and loosing your investment.
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
#Bitcoin #BTC #BTCUSD #TrendAnalysis #CryptoManiac101
