Bitcoinmoon
Bitcoin Move To $7,000Previous published idea closed in profit. BTC respected support zone (ichimoku & Support) around $5300-54000. Opened a long below $5,500.
Looking to hold position throughout the coming days and move profits with price (trailing stop). Will keep you guys updated if anything changes. Thank you for the support and standing with me as i become a better trader.
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Bitcoin Fibs for Target $10,000 by Jan-20 and Nov-5 target $7000These are my Bitcoin Fibs for Target $10,000 considering our recent level at $5800-5900 is considered a resistance level that will be no more than 61% retrace after hitting $10k.
I'm hesitant to state that we may break out of the current Pitchfork. We're near the upper edge now and if we to break out, we could really move up and I may have to update my pitchfork again in a month or two after we see the new trendline emerge.
Being that we're near the top of the pitchfork, we may go sideways and slowly upward for a bit with a slow increase until Jan-20th where we could still be near or around the $10,000 mark if we stay in the upper level (unlikely). Alternately, we may still bounce around between the top and bottom of the pitchfork until January and could hit a high of $8-10k while staying in the current pitchfork.
If we break above the pitchfork (I'm kind of thinking we will, which means the future will be uncertain. Great but uncertain and could get more volatile for a month or two after a rapid rise.
If we drop within the current pitchfork, currently we could see numbers as low as $3000-3600, but I'm doubtful that we will fall that far without some major event causing a flash-crash.
I feel we are very much on track for a November 5th target of $7000 coming to fruition and if this target is hit, we could see a rapid rally out of the top of the pitchfork, possibly jumping another $1000 to $8000 within a 24 hour period after that.
BTC10K!BTC10K
From the $5,000 breakout, we will see downside, eventually to the $2200 - $2500 area.
From there, its BTC10K BABY!
You saw it here first, and if you weren't cool enough to buy in when I clearly told you to do so, don't blame me when you are sat there with your "real" money. #SHEEP #TheyTellYouItsRealMoney
SennaLeighton.com
Target of $13,000-25,000 between Jan-20-2018 and Feb-20-2018If we break out of the top of the current pitchfork, expect higher highs.
Also, with the Ichimoku TS/KS lines in the proper order now and the TS is upward facing today on the daily chart, with KS flat, it's likely with the recent new highs and FOMO, we'll see the KS line point upward with the TS line, thus TS/KS upward facing leading to more rapid acceleration in value that could push us well above the $7500 mark by my November 5th target on the chart.
If both of these things happen, combined with more people showing interest and more news about how much Bitcoin is turning out to be worth, you'll likely see us hit a target between $13,000 and $25,000 in the 30 day window between Jan-20th-2018 and Feb-20th-2018.
My gut feeling is that if we break through the top of the pitchfork, we'll be going right for $25,000 and we may see things drop or hover around $13,000 before we achieve those new highs.
The time to buy is now. BUY AND HOLD!
Right now I do not see anything in the radar that puts any fear into me, other than high volatility. I feel I should sell anything I don't immediately need, so that I can put more money in at this low point in the price. With the history of Bitcoin, it's bubbles and crashes, I feel we are still very early on in this growth period. I can see the value achieving $200,000 within the next 1-2 years if this continues without any major hiccups.
The China ban everyone was worried about has pretty much passed. The new Russian ban is something to watch, but likely not to affect Bitcoin's value by much since China is a major driving factor in the price/value.
Some day, Bitcoin will be looked at like the Saudis and their Oil riches. It will have made many Chinese rich beyond their wildest dreams and those who are informed and making reasonable investments into Bitcoin will also achieve similar riches.
Consider this: Dec-23rd-2013 I bought family members each $10 worth of Bitcoin to get them involved. I also bought them $30 worth of Silver in 1 Troy Oz coins. Today, Silver has gone up almost $3, just under 10% over 4 years. Bitcoin on the other hand has gone up 830% in those same 4 years.
- $10 Bitcoin, now worth $83
- $30 Silver Coins, now worth $35
What will 4 more years bring? Think logarithmic! It won't just be another 830% growth in 4 years, it might be closer to 8000% growth in the next 4 years.
BITCOIN on target for the bounce, $6000 incoming!Bitcoin is following my projected numbers fairly closely. We could fall another 10% before the bounce. Take this opportunity to buy cheap Bitcoin! My target estimate is $6000 by Sept 29th, 2017.
As with all of my trade analysis, the dates are always a little off, so figure up to a week delay after Sept 29th, until we hit the new All Time High of $6000 per BTC.
$BTC, downtrend, be patient, BUY SOON and fly to the MOON!We are going to face with a .618 retracement in the major trend down to 3000 in 2 days. Remember what happened back in 7/16? Yeah, I hear what what you're saying. It's time to BUY at this dip level before we take off to the moon. Make sure you set stop loss if you get in any above .618 fibo r. level.
Bitcoin 5000 soon???Bitcoin has been stuck in this range for a while. I believe there will be a resolution within the next week.
Idealy we would stay above the first trendline, break the 4500$ zone and move towards the psychological level of 5000$.
I believe we could see a breakdown towards 4000$, shake out a few weak hands and then move 1000$ towards 5000$ asap. Maybe dip a bit below 4000 to take a few stops and then MOON!!!
BTC/USD to 100k by 2021This chart that overlays an analysis (from wizsec) of how much hot/cold BTC Mt. Gox had in the years leading up to their closure, while they were in the process of having coins stolen. It shows that there was definitely an overlap in potential Mt. Gox theft activity, bot activity, and the mega bubble.
i.imgur.com
At the bottom of the same chart, you can also compare with /u/_supert_'s price prediction model which is based on tx growth. Notice the model has a major divergence during the period where the Gox thieves would be unloading 100s of thousands of coins, but then it settles back into it's original growth slope.
Conclusion: The mega bubble was driven by fraudulent/inorganic activity and we should not expect a repeat. However, fundamentals are strong and adoption continues to grow. It may be wise to take a multi-year outlook.
I believe we're still low on the S-curve of technology adoption, and thus there's no reason to believe that we will cease exponential growth yet. See " Speculative Adoption Theory " for a great read.
Near term, we could go as low as 1600 while remaining bullish. Long term, we should see $50k or even $100k coins by the end of 2020.
Some solid price rise ahead for BitcoinHere we can see our price has hit some support at the 2/1 Gann line and our stochastic is at medium threshold, when historically it has been at the upper threshold, this is great signal for a price rise. We also see some bullish confirmation right where the support line is hit. This is compounded by the fact that our 20 and 50W MA's are very close to crossing, which is a excellent signal for an uptrend because the last time they were this close was around April. I foresee this 20W MA wanting to move farther away from the 50W MA and the only way for this to happen is for price to go up up up and away.
Potential 3k breakthrough in coming weeks??Here we can see that Bitcoin can potentially reach its all time high, based on the 2/1 Gann Line meeting with a resistance line in the Fibb retracement at $2910. We could see some nice rise if it is able to breakthrough once it is tested. I disregarded the stochastic level, which is above the 80 threshold and also disregarded the MA and the fact it is in the overbought position because Bitcoin has historically been in the overbought position most of the time, at least as of late. I am aware that this is a very bullish prediction, but I am optimistic. Anyone willing to take some risk should consider a long here and hopefully we'll see it break 3k! Good Luck!
Only third correction or end of the run? I think a lot will depend on the news in the following days. The sentiment is still very positive. No major event rocked the market, it was really just overbought and it needed the relief. Correction was imminent. The question is if the run is over? I don't think so.... I have bet with 70% probability that it isn't yet...
Bitcoin - major trendlines and further sentiment. Still very bullish sentiment, despite yesterday's imho very healthy correction. I am investing long term in bitcoin mostly, though I see no sense in investing further on from here. My break-even position atm is 300 USD. Majority I bought at 140 USD, cheapest at 5 USD. I will try to cash out on this bubble partially and increase my overall BTC holdings. But my feel is there is still a lot of potential for this bull run, especially after this correction. I dunno want to take to big risk to decrease my long term BTC position. I rather even miss on that opportunity. Reasons for my further bullish sentiment: China fog lifted away and gone-forgotten, positive moves on scaling issues, lot of shitcoins still need to get converted to the ones with real world value, fiat to crypto-world conversion infrastructure is getting bigger and better-> no single point of failure, major failures or events do not even slightly shake the market anymore.... Its been three and a half years since last bubble. Between last two ones it was only matter of months and multiplayer between peaks was 4. Now we are only at around 2. Although if we look at all the crypto market we are somewhere around 8. My guess is that 20 can be achieved, considering the timespan and adoption rate cryptocurrencies took. If only this bull run can be extended over two months at least.. if it will start to spike too wildly like yesterday it might be over too soon for my hopes.
BTC diamond :)My only guess given the attraction for cryptocurrencies, is an upward breakout, but who knows if there'll be further retracement so waiting has it's importance although I'm already positioned. Around 0.618 profits have been taken, so I guess we can continue the journey to the moon !
Cheers, and don't forget to hold bitcoins ;)
Pull back time or the beginning of a new bubble?1) There is bearish RSI Divergence that seems ready to be broken. On a longer time perspective RSI is trending up (Red line)
2) Price closed above the channel but closed inside the pitchfork on this occassion www.tradingview.com
3) From the Dec-Jan High-Bottom, the Fib extension first hit 1.272 and pulled back to 0.382 and now we are spot on 1.618.
4) The 150 D SMMA (or 300 D MA) is a great indicator (especially on BTCUSD - BTC-e). Acts as great support and resistance, as well as directionally (this can be seen since late 2012). I've observed than when the price is 540-550$ above the MA or 75-85% above, the price pulls back.
5) The price is out of sync on most exchanges and there are no good or bad news (no news are bearish for the long term, bullish for the short term)
I am very bullish Bitcoin overall, but fundamendaly, there are some valid short and long term concerns on many and various aspects.
Good luck and soon... To the moon!
BITCOIN CONSOLIDATING FOR THE NEXT BULL RUNI spect some months of stabilitation for btc in this price range between 900-1250$ with a possible triangle in the making, for a nice and stady bull run in summer to new ATH (my target based in fibonnaci is 3-4.5k for the end of 2017). Simple chart and TA.
Good luck everyone.