BTS - Let the Winds of Change take you to AndromedaBTS is about to launch along its cousins XRP and STR. Destination: Andromeda.
I expect announcements about this coin in the following weeks. I hope this becomes a good alternative to the current exchanges and their problems with DDOS attacks.
Entry: 2500 - 2900.
TP1: 4500.
TP2: 5700.
Stop-loss: 2300.
R/R: 1:16.
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Song for the ride: y2u.be
Good luck!
Disclaimer: As usual, this is not a perfect prediction. Don't put all of your money into it. If you don't know how much to put, you can learn how to hedge properly by using common sense and a search engine. I will be posting some updates as I have been doing in my previous posts, but if you want live updates, check out my signature and join my Telegram Group.
BTCCNY
BTC Long term predictionWe are in the middle of the pre halving hype and price is surging. Right now its all hype but the halving effects are not even in play yet. I expect a selloff after halving and then some consolidation. The mega bull run with halving effects will come a little delayed like last time. Last halving was in Nov 2012 and it took a year for price to go to 1200 ath. Now as BTC enjoys a different adaption stage It probably won't take that long for halving effects to kick in. I expect the mega run starting 2017. Moon = Mars in this case
Bitcoin uptrend might be about to end.The market seems to be experiencing a flood of new investors mostly "Get rich fast" kind of people.
I think we are about to begin a downtrend or at least sideways trend for the upcoming months, Set to begin in 2017, August.
Toping around 2000$ in the end of march.
If this goes above 2100, then we have fib extensions at 2565$ and 2923 for possible tops.
Shorting bitcoin with all this irrational buying is dangerous, but if you must then stop loss should be put around 2020-2040$. Above this price with much force will invalidate the short intended here..
Any questions or inquiry please comment below.
Be safe.
stellar 0.618 fib before next large dump can comesince, a large margin quiting didn't kill stellar. Accumulation still strong, stellar will hit the 0.618 retracement before next large dump. A small dump to test the resistance again soon.
Bitcoin Long Term Trend Analysis.. A near term clue?This chart illustrates long term extrapolation of the log chart trend for Bitcoin, with key Arc trends which could hold a clue to the near term future and longer term trend.
In Summary there has been 4 periods of 'mean' bullish growth / consolidation in the lower arc range with one period of hype and one period of bear market.
Based on this historical trend, any break of price above the white line pushing toward the pink average arc line has either resulted in a slam back down to the yellow support range or blasted off into the hype territory.
This would therefore suggest that the top of the current move is likely to be somewhere around or just above $2k, however a break of this and a repeat of the previous moves could see bitcoin having the potential to make a push towards max $20 - $30k over the course of a year, with the current move simply being the start. i.e. $2k breaks and we could see much, much higher after which a long term bear / consol period would ensue.
Pressing into 2020 we would likely resume the moves proceeding the 2016 halvening around 4-$10k and quite possibly another hype phase, again following it, much higher towards $70k.
While this is an extrapolation of a back trend looking towards forward price discovery,the market conditions fit and hey... its all i have to work with.
As an investor it would appear there could be great gains to be made both based on the supply halvening fundamentals and increased demand. The yellow line as a floor indicator for a break of long term trend will be key to my bag holding decision making.
Within this trend, even an investment at $2k (should it be the top), may yield a return of c.5x based on this trend around 2020.
As a trader, the current market condition suggests a real make or break as to wether we enter a short term shorting opportunity or a really awesome period of volitility for two periods.
Whilst this is not financial advice and is only evidence of a clear trend it represents to me awesome opportunities and exciting times ahead both in the short and long term.
Hope you found this of some use.