BTC - A MAJOR BREAKOUT IS NEARNING!ETH & BTC Call was given TWO days ago in premium group.
We are officially 27/28 overall calls: %96+ accuracy.
How crazy is that? Not crazy at all because we are patient and analyze to the bone.
If your interested in joining, The price is 0.04 btc lifetime .
This is not your regular channel, if your serious about moving send me a message.
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BTC is nearing APEX lets see what happens from here;
I;d like to know where you think btc is heading next, post your comments below.
BTCCNY
Tether is going to melt down. Going to be a massive pump / dump.A few new pieces of information to consider.
1. Bitfinex has restarted USD deposits but with additional wait times and a pleading message to not dox the bitfinex bank accounts because it is bad for everyone.
2. TUSD / PAX and other regulated stable coins are still trading at a premium vs USDT 1% to 5%, even after the initial cause (deposits being suspended) has been remedied. You would assume that USDT would go back to within 1% after the deposits have been resumed and everything was copacetic. It looks as if USDT has lost confidence even though still 99% of the stablecoin market.
3. People have already uncovered and Doxxed the new Bitfinex bank accounts.
What you already know:
1. FIAT USD from USDT is not liquid at all. The only place that will wire money to your account for USDT is Bitfinex. Other places, you need to trade on the market for FIAT USD ie. Kraken. This means that there is a single point of failure and control... 100% Bitfinex
Speculation
1. The banks will have no choice but to do something about the Bitfinex account if it was not opened using official papers from Bitfinex. If the banks know that XYZ corp opened the account but it's receiving money from Bitfinex and does nothing about it, they will be in serious trouble possibly losing their USD license.
2. Bitfinex will lose the accounts again.
3. Alternate theory, they are building a deposit / withdraw matching system where if you want to deposit, you are matched with someone who wants to withdraw. This is highly improbable but who knows... At the end of the day, no one wants USD deposits from random people into their accounts.
Different perspectives on what will happen to the Crypto market.
1. Retail investor: No idea WTF is going on, but notices a nice discount on buying Bitcoin from their local FIAT gateway (ie coinbase). Interest is peaked... will watch to see how situation plays out.
2. Whales holding millions in USDT (whales that cannot transfer to FIAT easily typically due to tax reasons): They are starting to realize that Bitfinex's accounts being Doxxed will cause instability with tether, they will buy back into the market, and if they think that other whales are going to do the same thing, it will bring a flood of USDT into BTC.
3. If I were Bitfinex: If I had a guaranteed way to stabilize tether, I would wait until market is in full panic / Fomo mode to start selling BTC and buying USDT at a discount. Then pull my ace in the hole and stabilize tether and profit big time.
If I didn't have a way to stabilize tether. I would start buying BTC with cheap tethers and sell at the top for other stable coins.
All perspectives is that we are going to be in for a wild bull run and depending on where Tether lands, we could have an equally wild dump. Watchout and lock in your gains.
If you agree hit like and follow!
Bitcoin - The Bigger PictureAs BTC continues squeeze, many like myself are stuck wondering when the next move will happen.
Looking at the daily chart of Bitcoin on log scale, you will notice that it is inching its way closer to the long term trendline. It appears that if the price remains stable, within the next day or two we will come into contact.
Once contact is made, I believe a large move in either direction could be possible.
IF Bitcoin is able to break up from this trendline, I likely enter a long position.
However, must keep in mind there is possible resistance at the next trendline up around $7200 that we must also pass for there to be any significant upward movement.
IF Bitcoin is once again rejected from this TL, I believe the 6000-6200 range could still serve as support. This would leave BTC to continue squeezing to a point.
IF 6000 support fails, there is also the yearly horizontal support line at 5800 which yet again could produce a bounce.
IF 5800 support would fail. It would be a huge setback from the crypto market, and would likely mean that this downward trend is far from over.
What I am expecting:
Looking at the VPSI on the daily, it shows that both bull and bear volume pressure are reaching the charged zone. However looking closer, it shows that despite the Bulls currently maintaining minor control, the Bears have reached their reversal zone. Meaning that they have a higher chance of reclaiming control at the moment.
Looking at the daily MAs. It also appears that Bitcoin is having a very difficult time reclaiming even the 13 daily MA.
With those two points in mind, and Bitcoin nearing trendline resistance, I believe a move down is slightly more likely. If you have been following my past ideas, I believe that the 6000-6200 zone could provide an excellent spring that could push up over the trendline.
This all being said, with this lack of movement any prediction could turn out correct. So don't overtrade this chop. Just set tight, and let the market show us the way.
November 2017 Bull Run, Take Two, probablyThis is the second supplement to the publications listed below.
This now includes additional data on the Point of Control POC: price point with the highest trade volume.
Today is the first time (since 14th November 2017) that the price point has broken above and bounced off the POC. When viewed on a lower time frame we can see that the developing POC has lifted slightly which implies an increase in volume at a higher price point, a Bullish indicator. This is accompanied by an accumulation ATH, a LONG:SHORT positions crossover and bullish signals from the Bitcoin Squeeze Momentum TSI.
All details described on the graph. For more information please refer to.
BTCUSD - I'm a terrible artistI have included a lot of detail in this analysis, most of it narrated in the chart.
I might come back to this post and restate all the notes on the chart in the description, but i don't feel like doing it now.
Leave your thoughts below, let me know if i'm on or off-base.
Currently expecting a bottom around April 2019.
Bitcoin (BTC) Will test support again and likely move upwards.Wait for a perfect entry then long. Have a stop on this trade. Sorry I do not have time to write this one up, but it looks to be a good risk/reward trade. I take all good risk/reward trades that are supported by a Bitfinex buy wall.
The bounce will continue lower, but not below 6500.
Long:
Lowest price above 6494
Stop Loss:
6494
Thanks for viewing!
I have just finished a BTC short. You may view it in the related ideas.
!!BTC will not go to the MOON, sorry!!I think bitcoin will not go to the moon. we will hit 8000 dollar and then down, sorry. I also hope that we will break the 8500
dollar and go to the moon but chance that that will happen is very small. now i am long but not for long.
BTC shorts: BITFINEX:BTCUSDSHORTS
BTC longs: BITFINEX:BTCUSDLONGS
BTCUSD: BITFINEX:BTCUSD
BTCUSD - Long Term Buy ZonesA bunch of things to note here on this weekly chart:
- Decreasing volume as a signal for trend change
- Last fib retracement zones for 2014 bubble overlayed on the recent cycle
- Overall log trend lines/support lines at previous high volume spikes
- Possible MACD bullish cross on the weekly
- Approaching oversold levels of RSI comparable to 2014 bear market
Blue box on the weekly price chart represents approximately when (<5k in Q4) I will likely start buying BTC with fiat.
Hope that's helpful for you all!
History !!!If history Repeats and Weekly closed below 5800
we could see a breach to 5000 level then another test to 6000
then the final doom to 3000 area
2014 1D View
First dropped 64% then broke down from triangle about 60%
2018 1D View
First dropped 66% if broke and idea is valid we could reach around 2600-3000 area
for monthly view
50 Likes to get updated if idea is valid
Disclaimer this is not TA this is a possible chart pattern