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Is Bitcoin heading lower? (short term)Okay, so first I should say that I am still very bullish on BTC long term, I am just talking short-term movements here. There was a massive drop in price yesterday followed by a recovery of about 50%, but was that just a dead cat bounce? Will BTC rollover from here and head lower in the short term? To me there looks to be pretty good support between $9400 and $9800 but IMO if we break the $9400 level we could go down to the $8200 to $8400 area.
BITFINEX:BTCUSDLong
by Bigsky_Crypto
3
Bitcoin 9.11 Hey everyone, Yesterday As I published Bitcoin was closed to $7900 and as expected fall down that's why I always tell you to pay attention when you purchase Cryptocoins, Today I see a divergence on the oscillators that don't confirm the Bitcoin rally it's for a very short-term correction soon will start making a correction upside and the volume keeps on increasing. I recommend purchasing again when it will be on 6950 USD as I see at the moment if there will be a change I will update. Cause It can save you a lot of money in the future. I got a lot of messages last night about analysing Bitcoin, sorry if I didn't reply, I'm trying to give an answer to each and everyone so please understand me I wish I could reply all of you at the same time.
COINBASE:BTCUSDLong
by LeoAbramovich
2
Bitcoin is continuing to rise up and broke the resistance level Hey Bitcoin is continuing to rise up and broke the resistance level of 7400 USD and also 7550 USD and now it's making a little bit correction but it's on the way to reach 7950 USD until the weekend. meaning it's a good time to buy now because the volume and the liquidity are increasing despite the profit takings. I see that new buyers are coming and that's why it's still moving upside. So pay attention when to buy and when to sell cause yesterday I got a lot of messages from people that made 300-350 USD profit per coin or people that sold on time and bought again and they actually made more profits.
COINBASE:BTCUSD
by LeoAbramovich
2
Bitcoin - How to Trade Support and Resistance. Part IIThe 4h chart of Bitcoin gives some information about possible price movements. Several patterns and indicators help determine potential targets and resistance zones. We can see that the market moves around 7250.00 level. We should expect for downward movement to 6970.00 level at least. This is a support level which can stop and reverse the market. If the market drops below 6970.00 level, the market will drop to 6390.00 support level and uptrend line. As for other variant, which looks realistic, the market will bounce from the support zone and move upward to 7500.00 resistance level and higher. If price goes over 7500.00 level, opens targets 8000.00 and higher. P.S. If you think this information can be useful, please, like it and share. Thank you!
BITSTAMP:BTCUSD
by Crypto_Talk
BITCOIN Approaching Daily TargetI have had a few people request an update on my analysis of bitcoin since the last on July 17. Just to recap in my previous analysis I actually expected bitcoin to continue its downward movement to the weekly support level of 1355, however around July 15 2017 it hit the 0.50 of the AB Fib retracement (C= $1825USD) to begin its rally to the the 0.618 D extension ($3931USD). Confirmation of the rally was confirmed on July 18 when it broken the counter trend line and continued its rally to the .618 of the extension at $3931. Currently Bitcoin is short of this target however should hit it within the next few hours. Once this D target is hit expect a pull back as major investors collect their profits. The rule for using this method of analysis is that confirmation of the D will be a new high formed with two candle sticks to the left and two to the right. Once we have this completed I will re-do the analysis and let you know when is a good time to re-enter.
BITSTAMP:BTCUSDLong
by Nica521
Bitcoin Fork @ 1st of August (1 BTC = 1 BTC + 1 BCH)Dear fellow investors, let's say a company will pay divided and you have seen a health regression trend right before the split; what do you expect next? 1st of August is the day for a bitcoin fork. Eventually, we will have BTC (XBT) and Bitcoin Cash (BCH). Clients holding Bitcoin (XBT) at the time of the fork will be credited with an equal amount of Bitcoin Cash (BCH). Therefore, is it not natural to see a short potential here? :) Good luck all.
BITSTAMP:BTCUSDShort
by Chadetov
Whats goin on with BTC... 3 month from now...Hi guys ,, i think the reaction of bubbly is beak down ... i hope you did sell all of your BTC and from now we going to buy all in for more big jump or slowly go up each month ,, so scenario A i don't think gone happen ... I think we should we some more break down a little bit then goes to straight up.. so scenario B is more normal now.. but scenario I, i also it might happen guys ,,, so with for the sign of upward again then we will buy for interest ,,, i will update soon thanks for subscribing ,,
COINBASE:BTCUSDLong
by davemhi