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My Last & Final Chart TVIt has become apparent this site lurks a new type of parasite which leeches on the tools of character assassination and for this reason I will no longer publicly disclose anything. BITSTAMP:BTCUSD COINBASE:BTCUSD BYBIT:BTCUSD BITFINEX:BTCUSD BINANCE:BTCUSD BINANCE:BTCUSD INDEX:BTCUSD BINANCEUS:BTCUSD PHEMEX:BTCUSD FTX:BTCUSD GEMINI:BTCUSD BITBAY:BTCUSD OANDA:BTCUSD BITTREX:BTCUSD CURRENCYCOM:BTCUSD CAPITALCOM:BTCUSD FX:BTCUSD FOREXCOM:BTCUSD BITCOKE:BTCUSD CEXIO:BTCUSD TRADESTATION:BTCUSD OKCOIN:BTCUSD GLOBALPRIME:BTCUSD EXMO:BTCUSD TIMEX:BTCUSD BITFINEX:BTCUSDLONGS BYBIT:BTCUSDT OKEX:BTCUSD3M BITGET:BTCUSDPERP
COINBASE:BTCUSDLong
by MaverickTrading
4
Bitcoin likes to destroy everyone, Bulls AND Bears.So we can see that Bitcoin clearly shows a new dynamic since 2018, which it didn't have before. Such a behavior as now without any kind of bounce, was unthinkable in 2010-2017. Bitcoin always loved huge bounces, but since 2018, when institutions started getting involved more and more, Bitcoin also started changing. I expect Bitcoin therefore to behave very similar to the periods AFTER 2018, not before. So after 2018, we had the low at 3k, the runup to 15k, and the long drawn out correction. I think we will see something similar now. Shorts are on the rise again because Bitcoin convinces everyone now that it is weak and wants to fall. So many people start shorting it. Then it will destroy the bears by doing a fake bullrun to 50k, possibly even 55k to make it look really convincing that everything is fine again, and the bullrun has resumed. Everyone will go long, because bullrun is back. But then BAM, Bitcoin will also destroy bulls by nicely falling down a steep cliff to below 20k, retesting the MA200. This seems inconceivable now, even preposterous, but I am convinced that BTC will have a brutal shakeout to destroy any last hope that we are in a bull cycle. And then, when all hope is destroyed, and BTC has F'd bulls and bears alike, it will be ready for the real last part of the rally up to the 200k area by mid to late 2022. This is my current picture based on BTCs behavior AFTER 2018.
BITSTAMP:BTCUSD
by SebastianofMoon
64
BTC could do another boring period like in 2019So many bitcoin analysts find themselves surprised at what BTC is doing. Apparently the old fractals from 2013 and 2017 aren't working any more, and now even the Wyckoff accumulation pattern seems to be failing us. What the hell BTC??? Well what if BTC changed its behavior at some point, I assume it must have been in 2018. The 2018 low was already very very bizzarre. Back then, there was no shakeout low, just a weird and long drawn out grind at 3-4k, no bounce, nothing, and then it started rising ever so faster to 14k by June 2019. And then after that top, the same weird behavior. I assume that institutions changed the behavior of BTC, and as long as the retail investor is not dominating BTC any more, we also will not see the old patterns any more. And looking at this metric here: www.blockchain.com daily transactions are really really low. This means that retail investors almost don't play any role any more, as apparently BTC is still not in more usage than it was in early 2018. Adoption is really not as fast as we thought. As compared to PlanB's stock to flow model, which by the way I think is oversimplified and thus wrong, for me the fundamental price driver of BTC is ADOPTION. Without adoption, no price increase. PlanB says that only scarcity determines BTC price evolution, but completely neglects the demand side. Also, the model delivers far too high price values for BTC, such as 400 billion USD per BTC by 2045, lol, which is obviously wrong. So I think the longterm SQRT trend channel in the logarithmic chart is the correct one. Here we have much more realistic values, and it takes into account the law of diminishing returns, and also that BTC is growing ever more slowly. Adoption is not as fast as we would like. So this means, that BTC could bore us to death now for over a year. We all don't want to hear it, but that's BTC's new behavior apparently. Big drops, and then? No bounce, nothing, just long sideways. If the pattern from June 2019 onwards would repeat, then we could face something like I've drawn here. I also included the curved trend channel and the weekly MA200, as only that one provided historical support. So we could see BTC dip even below 20k shortly in a spike, depending on where the MA200 will be during that time. Currently it stands at 13.5k, ouch. Better not drop now :) Anyways, for the longterm future, nothing changed. Prices of 100k+ are a certainty, but BTC is just not as fast as we would like, and also the old rules don't apply any more.
BNC:BLX
by SebastianofMoon
14
COINBASE - CoinBase Global Inc - coinbase IPO - BUY -I was warned about posting this - Expect extreme volatility at open Monday - Leading to investors to pour in from crypto and other tech stocks - expect nothing less than 6$ - MEDIA WILL TELL YOU IT'S OVER-VALUED HOWEVER THIS IS NOT TRUE. Expect this IPO to effect the Crypto Markets (DATA FROZEN?) NASDAQ:COIN INDEX:BTCUSD TVC:SPX CAPITALCOM:UK100 TVC:NI225 GDP UP USA CHINA JAPAN INDIA INDONESIA KOREA NIGERIA RUSSIA SAUDI ARABIA TAIWAN ------------------ GDP DOWN GERMANY UNITED KINGDOM FRANCE ITALY BRAZIL CANADA ARGENTINA AUSTRALIA BELGIUM GREECE IRELAND MEXICO NETHERLANDS NORWAY POLAND PORTUGAL SPAIN SWEDEN SWITZERLAND TURKEY
NASDAQ:COINLong
by MaverickTrading
12
CME Cheat Sheet 2021CME Group Futures Dates: Dec 2020 BTCZ20 16 Dec 2019 > 24 Dec 2020 Settlement: 28 Dec 2020 - Jan 2021 BTCF21 03 Aug 2020 > 29 Jan 2021 Settlement: 01 Feb 2021 - Feb 2021 BTCG21 31 Aug 2020 > 26 Feb 2021 Settlement: 01 Mar 2021 - Mar 2021 BTCH21 28 Sep 2020 > 26 Mar 2021 Settlement: 29 Mar 2021 - Apr 2021 BTCJ21 02 Nov 2020 > 30 Apr 2021 Settlement: 03 May 2021 - May 2021 BTCK21 30 Nov 2020 > 28 May 2021 Settlement: 01 Jun 2021 - Jun 2021 BTCM21 28 Dec 2020 > 25 Jun 2021 Settlement: 28 Jun 2021 - Dec 2021 BTCZ21 30 Dec 2019 > 31 Dec 2021 Settlement: 03 Jan 2022 - Dec 2022 BTCZ22 28 Dec 2020 > 30 Dec 2022 Settlement: 03 Jan 2023 - Source: www.cmegroup.com CME Bitcoin Gaps Study: marketsscience.com CME Futures Info: www.cmegroup.com CME Futures Open Interest Info: www.cmegroup.com Indicator To Track CME Sunday Opens:
CME:BTC1!Education
by The_Paradoxed_Prophet
1
Bitcoin Bull Market in Full SwingPennyBags is back from his enlightenment trip in Singapore and is ready to give you the low down on the Bitcoin Market. The bull is in full affect here on the 1D chart and has been since April 28th (the day price crossed the 200 Day SMA circled in red on the chart). This cross has been a strong trend indicator in the past as you can see on the chart, signaling both bear and bull market changes. With that said, we are at the stage in this bull market just prior to the first light blue extension back in June 2019 on the chart, where over 4 days we saw a +21% expansion upward. I am expecting much of the same here, with massive volatility to follow afterward before consolidating prior to the next major expansion upward. I expect this bull market to carry into 2021 as Bitcoin adoption continues to come into demand as our financial system gets reset. You will no longer spend or save money like you did in the past. Buy Bitcoin and forget the rest. - PennyBag
COINBASE:BTCUSDLong
by PennyBagsCapital
1
BTC: Understanding Healthy vs Unhealthy Bull RunsHello traders and investors, here I would like to compare and contrast the stark differences between a healthy and unhealthy bull run. I would like to dissect the 2019 bull run vs the 2020 bull run, as there is one major difference that I would like to focus on in terms of the differences of the two bull runs. The first thing that we can witness from 2019 is that we saw an incredible 300%+ bull run. This is no doubt an incredible feat for Bitcoin during that time, but it was merely impossible to know when to enter the market with no confirmation in sight. We have seen a series of higher highs being printed, with no real pullback until the end of the blowoff top where most have entered. After the real pullback, most were probably entering the market thinking it was going to go higher, which wasn't the case as we were seeing a series of bearish confirmations and sell signals from our lagging indicators and a bearish descending triangle. The second thing that we can witness from the current 2020 bull run is that it is much more extended and simply a matured bull run, especially taking into account of direct stock market correlations and the on-and-off decoupling of different assets. This year has brought interesting and new concepts of how the bull market is running, especially with the series of uneventful news such as the unfortunate COVID19 pandemic (my prayers are out for everyone to be safe!) and now the election cycle in place. In my opinion, this is actually one of the most healthiest bull runs we have had with all things considered. The fact that Bitcoin has responded to all negative news and events from 2020, the fundamental news of Bitcoin and the store of value idea is being shown within the price action. We are also technically seeing a higher low with each consecutive pullback, which is absolutely fantastic from a bullish perspective. Now the underlying question remains, "when should I enter the market?" Based on confirmations, we can enter safely when Bitcoin consolidates when we create a new 'higher low', possibly in the upper $9,000 to $12,000 range for the longer perspective. Remember, Bitcoin can still have impulse waves in between, but the overall point is making sure you are riding the 'waves' of the market, not the impulse waves. Trade Safe. X Force
BITSTAMP:BTCUSDEducation
by XForceGlobal
20
BTC: Diamond Pattern: Possible Drop Soon - How To Trade!Here we dissect a very debatable and uncommon technical pattern: the Diamond Pattern. The Diamond Pattern is essentially what it means, a diamond shaped pattern that is seen visually within the price action. A diamond pattern is usually created within the charts when we see an extreme high and a quick sell off due to the uncertainty between both the bulls and bears, both trying to claim territory. After the high point has been created, we usually see a brief moment of trading within the means of the support line created before the high extremity. As this pattern is not a clear technical pattern, it's still considered by many a breakout pattern in the technical analysis world, where many traders will start racking up shorts or longs to bet on the direction of the breakout. We can see that although it is a coin flip, we can still slightly get better odds of where the price will go via the current technical standpoint in the price action. This means that we currently have more bearish evidence, and due to that bearish evidence, we can bet that the pattern will break down. Why? 1. We are trading right above the CME gap, and the gap ends at $11,000. If broken, we can easily see $10,800 as a measured move. 2. According to our previous analysis on Bitcoin ("Support Turned Resistance"), we are seeing that Bitcoin is still trading below key support, which is now considered resistance. The breakdown of the diamond appears when the price goes through the lower right side upward sloping trend line, and this is what constitutes the 'breakout'. To calculate the current breakout for this diamond formation, you will want to take the distance between the highest and lowest point in the actual diamond pattern and add it to the breakdown point - this can be considered the actual minimum and full target. Trade Safe. X Force
BITSTAMP:BTCUSDShort
by XForceGlobal
4
BTC: How We Can Trade Bitcoin - Buy The Dip!Hello Traders! First of all, thank you so much for the support! Our community is growing ever so fast because of you guys! Here, I would like to dissect the bullish perspective. In my previous post, I did a complete rundown of a bearish scenario, but here, I would like to present a bullish case. Here is the previous analysis on my bearish case: Fundamentals/Technicals: 1. We can see that even after the Bitmex news and Trump testing positive for COVID-19, we can see a mixed balance of positive and negative investor psychology mindset. The markets were rather neutral, including those of equities and stock market indices. This is fantastic news for Bitcoin, because it just shows how much strength is actually within Bitcoin's price action. This can be due to the overall buy-ins from institutional and regular investors starting to believe that we may never see anything below $10,000. Although this is far stretched of a fundamental analysis, but many actually do believe this! Many technical analysts say otherwise, especially that we still have the CME Gap to fill (yes, CME meme boys, we here you!) 2. Keep it simple - there is now a rising BULLISH ascending triangle that is very prominent for more upside. 3. We have broken and re-tested the 618 fib level. This is huge, especially with two uneventful news that Bitcoin could've dropped a lot harder - especially that it's known for it's volatility. 4. In the case it does drop, we have a demand zone and buy the dip zone - RSI Bullish divergence on the 4H is showing more to be a higher probability! Trade Safe. X Force
BITSTAMP:BTCUSDLong
by XForceGlobal
4
BTC: 20MA Importance - Why We May Be in for a Massive Bull Run Hello Traders, Today we would like to talk about one of the most important support lines for Bitcoin - the 20 Moving Average (MA). The 20MA has acted as major support in the past during the history of all the bull runs currently observed. We have had at least five different instances that took place in 2016 and 2017 where Bitcoin price collapsed back to the 20MA, and each bounce has given over 100%+ returns at a minimum, respectively. Each time Bitcoin has found strong support at the 20MA where Bitcoin has rocketed off to the next psychological resistance level each and every time. Vice versa has happened during the bear market, where it has acted as resistance. While we believe Bitcoin may be able to retrace, these small movements within the market has shown nothing but a 'buying the dip' opportunity on a consistent basis. Now that we are currently bouncing on the 20MA for the third time over the past three weeks, we can safely assume that this spot, especially at the $10,000 psychological support level, we can assume that this may be actually the last time we will ever see anything around the sub 10K levels. While Bitcoin has strongly recovered from the COVID-19 crash, we have also witnessed something very interesting with Bitcoin in terms of overall price action in the short term. Bitcoin has recorded the highest correlation with the stock market (more so the SNP500 (SPX)) ever since the COVID19 crash has happened. While we aren't sure for the exact reasonings, but this may be indicating that the dollar (holding cash) has become a severely important player within the market. This can indicate that a true recession is in play for the stock market; however, as Bitcoin has traditionally kept the ideal 'store of value' philosophy to many people since 2009, we have yet to see the immediate decoupling happen during the hardships of the Stock Market, most notably controlled by the COVID19 global situation. This is conjunction with our market psychology theory, where Bitcoin is now tending to move in correlation during bear markets with the SNP500, and decouples during bull markets. This is merely an observation, but from a visual perspective, we are seeing a true representation in real time with the stock market. Here is a graph from our previous analysis to show it: In conclusion, the 20MA has always acted as support and after three profound bounces on the support, we may be in for a treat for the upcoming months. This may indicate that the real bull run has yet to come. Trade Safe. X Force
BITSTAMP:BTCUSDLong
by XForceGlobal
9