Bitconnect
You need water to survive in the desert. A BTC bull is around )Cool so now I got like 5 fat dudes and 2-3 girls that think I am interested in them because I could not stop laughing and smiling.
"They can never take my Bitcoin away from me and I will never sell the bears think I am sweating but I laff as I am still 500% above my entry price"
* Knock Knock *
"Who's here"
"Hello sir it is the capital gain taxes"
"The what?"
REKT
Anyway here is a bunch of charts without much explanation :p
I will update this idea when I see signs of a bottom, I really do not expect a V shape recovery that just comes out of nowhere.
Alot of people are actually going long on Bitcoin, as it keeps going down they are just going to have to vomit the whole thing and drop the price even more, lmao every one wants to pick bottoms and be a countertrend trader. They are very probably going to get destroyed.
BLX all time BTC trendline:
We dropped below it, might act as resistance now on a bounce:
This is what I have with coinmarketcap, all supports and especially trendline:
Altcoins seem to not be at their lowest (is it because of Tether?)
These are my supports for crypto as a whole:
There is now a big premium on Bitfinex, looks natural as usual.
Shorts are going up, but longs also, "buying the dip" as usual.
About the RSI
Here you can see that the daily RSI on Bitcoin has NEVER been this low:
Here are the prvious low records:
And on the 4 hour chart:
This is the record by far. If you want you can check on google this: some people have made experiments about this "oversold" thing, they found that if you consistently bought oversold (< 30) currencies/equities you would lose alot of money, but if you went short on oversold charts you would profit. And vice versa with overbought of course.
As I have showned previously with my boredom indicator that looks at the distance between ema's (+ you can tell by just looking at the chart) the past sideways was the most boring BTC ever had. So it is no surprise that it exploded down.
I already reminded every one that checked my previous crypto idea (not sure which one exactly) of the 2015 swiss franc 1.28% tsunami. Well here people got lucky and did not eat massive slippage, but it is playing with fire and you will get punished eventually:
A last word. We are at 2018 highest point, we broke to new highs massively, this is the most impressive move of the year, and Bitcoin is about to begin a mega bull market:
;)
MY Bitcoin Prediction, The Undeniable Truth...As we all know, Bitcoin is by far the best investment you could've made in 2009; That doesn't mean it still is in 2018. Trust me I'm not going perma-bear all of a sudden, but looking at the strength of the bulls at this position just makes someone think a bit harder about whats going on. So I've noticed that not a lot of people are posting about this HUGE Ascending Parallel channel we have going on, even though were running along it to the ticks, as you can see from the chart. Now carrying on about strength of the bulls, lets just say, its not looking good. The bulls have failed to break this huge descending triangle, (no that wick was not a break). And it seems they are accepting defeat as Bitcoin falls lower every day. I believe there is more blood to come, but this could be a bear trap for all I know, so I am watching this from the sidelines and not entering a position until a clear break is made.
Wish you safe trading! -Trader A
BITCONE GO WHERE [ENTRY PLANS]Previous short idea invalidated, time to move on. Good volume from 6.6 (rip new 6800 shorts and stops) and potential bullish catalysts (likely ETF approval) and explosive volatility after yearly lows are good news and should allow at least a small relief rally into the 8000s. R/R of btc at this current price ~7.5k for longs is absurd; If you closely examine the orderbook behaviors from 7.3 to 7.5 in the past few hours it appears ask side liquidity is often pulled and price is quickly being bought up on thin books.
Given the lack of a retrace on this huge upmove after breaching 6.8 i'm expecting a retrace to at least 7.2; Planning to scale into longs at 7.2~7k with large scalp shorts at this level if we don't consolidate at the very least. Profit has been taken on longs and I'll let them ride with take profits/stops at 7k flat. Only concern for current shorts is we continue upwards like in april
Bart Simpson stealing your Bitcoins Ever since i started with forex and crypto almost 2 years ago i was wondering what even
is goin on ? In my early days i read every book i could get my hands on, always
thinking the magical answer to trading must be somewhere hidden in those books. Edward
Magee , Murphy, Voigt were definitely the good ones.
Anyway.
95 % of all traders loose their money.
And yet, here we are.
Retail traders use all these lagging indicators, combining them, changing settings and
interpreting things diffrently on all sort of timeframes.
We use literally over 100 year old technical analyses to predict the future based on
past price action?
Doesnt that sound stupid to anyone?
Tell that to your neighbour and watch the irritated look on his face.
The best way to predict the price would be to manipulate it yourself. Of course this is
already being done simply through the media.
The Bitcoin price is choreographed through news. Good news always come in bulk as will
bad news. Coincidence?
No.
We might aswell lower the opacity of our candlesticks to zero and trade on google trend
searches for "bitcoin". More than 50 searches day for one week means we are in an
uptrend. Wait till cointelegrah trashes bitcoin and buy the dip.
While my tinfoil hat is already warming up, who is owning and funding cointelegraph?
Sadly we are not all billionaires and can control the bigger picture ourself.
But what about the small picture, how is the price manipulated on the 1minute to 4
hour timeframe?
Nowadays you cant look on any chart without seeing Bart Simpson like modern art
everywhere.
But what is even going on?
From my understanding whales go stop hunting. If the bigger trend is up, and we are
trading around support a whale would love to squeeze the longs, triggering the stops to
push the price a ittle lower, to then buy his crypto at a discount and start the pump.
High frequency trading bots then create the illusion of a weak pullback, so noobs fomo
in and pump the price even higher. With every stop hunt, pump, barting, the momentum gets
weaker and weaker. At key resistence the whale decides that the price should go down
and starts the short squeeze setup. If anyone has a better understanding i would like
to hear a different theory.
Bitconnect too risky but i still believe in youi think we must give this coin a last chance
as you see the triangle on chart means that it will moon soon
but the FUD about this coin dump it strong
we are just need good news to watch it fly
if you have any idea please let me know in the comments below
please do your own analysis and researches because this coin is very risky
Bitconnect with 20x Long Potential (HIGH RISK)NOTICE - READ BELOW BEFORE INVESTING IN THIS COIN
Bitconnect is perhaps one of most sophisticated scams of cryptocurrency world. With that said, it might still have a 20x potential in longer term. Remember that their lending platform has closed, but the coin is still fully operational with wallets active and this was not like other exit scams. They did not exit 100% If they would have done a 100% exit, they would have taken all of the money you guys had invested in their platform.
Company will most likely wait several month before making any new announcement, however it is likely for Bitconnect to rebrand in near future and attempt to push all negativity out of its way because as a coin it has a very powerful team. In other words, after all lawsuits are over, they will most likely make their way back, maybe not in a lending platform but there will be something coming out from this company. Again, if they were not thinking of having a COME BACK, they would have done a 100% exit scam by taking all of your investments out, but they didn't do that.
With that said, WE DO NOT RECOMMEND INVESTING IN THIS COIN ANY TIME SOON
At time of making this post, price is hovering around $11 however we see it going even lower, our secret goal is $0.20 (unlikely but still possible).
We will keep an a look out for anything that comes out of this company and produce updates below on here - make sure you follow us to keep track of updates on this and other coins.
Bitconnect to moon, 20x opportunityHello Friends,
This is our call to paid members and up to the public.
After the regulatory body issue, Bitconnect closed its doors for lending. then they have released all the coins in one shot, which caused panic among the coin holders and pushed the price to $15. Now, they will come back strong as an exchange.
Here is the news about that
bitconnect.co
Here is our previous call to paid members:
We gave a paid call to our members at $15 for a target of $150-$200, later to $300.
ibb.co
well, few things are dealt on Telegram than Trading view. We are just 300% up from our call.
Still plenty of room to grow.
Both Bitcoin cash and Bitconnect use the same ticker - BCC which can cause confusion.
Bitconnect Scam ?? i don't think so Hello Guys
calm down please
i don't think this is a scam coin
because a lot of people keep saying that
that don't mean it's scam
a few day's ago it was 400$
i see opportunity now to ride the wave and don't care about the Fuds
because the coin stay coin
whatever happen to the lending system
anyway
hope you risk with 10% from your investing money
i think it's worth ^_^
and always remember
in Crypto currency
" Buy the FUD and Sell the Hype "
Good luck guys
BCC/BTC Showing a Pitchfork Opportunity 5% - 20% GainsHello, Trading View,
So did anybody else get scammed by the guys at bit connect too? You can mitigate your losses by trading off the guys who believe that the coins will be revived on their new Bitconnect X trading platform.
Thanks,
StopLoss123
BitConnect - Might be a good flipSo, we all fuckin hate BCC. But they just dropped in value 90%, and are currently trading around $30. The BCC "team" is allowing investors to buy into their new BitconnectX ICO, with BCC valued at $150. That's 5x. Let's see, it might bt worth it to gamble a bit, buy BCC tokens @ $30, use them in the ICO @$150, and see if BitconnectX does anything.
Buy BCC Now!!!Stop selling BCC. The people behind BCC gave the community an incredible gift. They gave 10’s of thousands (maybe millions) of people an incredible amount of income for 2 years and now they have left behind the best gift of all. They left us a coin that has a strong performance history with a small and limited supply. Think about that for just a minute. They left the community this coin to buy, sell and trade. They left something behind that governments and regulators can’t stop of shutdown. They paid out all account holders the full amount of their total money invested, in BCC coins and now it’s up to us to continue the fight. As I write this there is a concerted effort by many governments around the world to crush the crypto market. Why? Because it scares them to death and it threatens to upset the balance of power worldwide. They are spreading fear and using threats to try and quell this uprising of mankind! If you are involved in crypto just to make money then you are extremely narrow sighted because remember this is a revolution! This is the beginning of the end for the good old boy system that has oppressed us for millennia. This is FREEDOM!!! I’m not in love with BCC coin but I have great respect for the thought that went into this approach. We as a community now control BCC and we can make it whatever we want. If the majority of traders decide to hold BCC then we can drive the bus straight past all other coins! If you refuse to sell and start to hold and buy on dips this coin can overthrow BTC. Viva La Crypto !m!
BCC LongBitconnect...
Yes, laughing already are we?
It's a Ponzi right?
Who doesn't know it!?
Ya ya ya, whatever. Takes a moron to get into, I get that part.
Who has a sharpie so I can write moron on my face?
I was in Bitconnect, of course I never risk more than I'm willing to lose in the Crypto space , and the same should go with any high risk investment.
I don't think this is the end of Bitconnect though...
While the lending platform has been shutdown, the coin still exists, staking still works, and the use of the coin is still there.
The ONLY part of Bitconnect that has been shutdown is the lending system. (Daily Reinvestments & payouts of ~%1)
When this happened, panic set in, blood hit the streets, hysteria was everywhere and nobody knew what to do, myself included.
Reading posts online and watching videos of peoples reactions and 'what to do now', I saw a lot of people selling it for whatever they could get, and accepting at LEAST, a %90 loss.
Maybe this is people thinking it's all over, or maybe this is YT's wanting to try to lead their followers in the right direction from here on, since they have done... so well this far.
(Most were suggesting moving all BCC to HitBTC (one of the only exchanges that trades BCC) and selling it asap.) ~0.002 BTC vs ~0.02 BTC 24hrs earlier.
... I did what thick headed investors who have a trade go from %0 to -%95 in 60sec do, nothing.
I moved the BCC out of Bitconnect to my wallet, and left it to stake.
Not even 24hrs later, and Bitconnect has released a new article explaining that the BCC > BTC exchange on their site (while currently offline) will be back in the coming days / hours.
Not only will the exchange be back online (without the lending piece of the site), but they will buy your BCC for a minimum of $150.
Now whether that is remotely true or not, just about any price would be better than the $10-$20 it's going for right now on HitBTC or other exchanges.
This is just for fun now, mentally anything involved with Bitconnect is a loss, and anything related to that system from here on is only part of recovering those losses (realized or not).
I think this is the bottom, news will set in, those who already sold their BCC will want to get it back at the same rate for the same expectation, selling it on Bitconnect exchange or BCCX when that opens, and hopefully recovering more than a measly %5.
Those who were not in Bitconnect to begin with may here about some of this hype and without knowing the background pick some up as well.
What will happen next? idk
Kinda a wild rollercoaster ride though! Welcome to Crypto! :)
If you think I know what I'm doing, guess what, I don't!
If you think this is trading or investment advice, it isn't!
Good luck all!
BITCOIN 10K RET UPDATE Last analysis I provided my three overviews which were:
1- Monthly resistance (9784) will become new support, consolidate for a while and shoot up to our next target 11k, 11133 to be exact.
2- Retrace to 4hr fib 38.20% level (9244), 2nd leg and head for the target 11133.
3- Retrace back to Daily 38.20% fib (8435), which was also previous monthly R/S, and a major monthly trend line (Support) crosses through.
Bitcoin 7.56% is heading for the starts but needs to retrace in order to keep it making higher highs! The question is how much will it retrace?
*Update*
-> According to first overview, monthly support 9784 held and pushed the price to above our target (11133) to 11400.
-> After making all time high, bitcoin prefectly retraced to our 4h 38.20% fib level 9244, as told. Price found it's new support level and, now its back up to 11300.
-> Our next target is 12483 which is next monthly resistance level!
Could we do it or its a trap before major correction to 8000 level?
Bitcoin 10k retracement?Bitcoin just took off after 8314 consolidation zone! We have three overviews.
1- Monthly resistance (9784) will become new support, consolidate for a while and shoot up to our next target 11k, 11133 to be exact.
2- Retrace to 4hr fib 38.20% level (9244), 2nd leg and head for the target 11133.
3- Retrace back to Daily 38.20% fib (8435), which was also previous monthly R/S, and a major monthly trend line(Support) crosses through.
Bitcoin is heading for the starts but needs to retrace in order to keep it making higher highs! The question is how much will it retrace?