BTCCNY
ridethepig | You Know The Drill ... BTFD !Even BTC could not avoid the exodus from risk last week. Positioning isn't the problem in this case as the market is back to Jan levels, a clean sweep of the soft hands to reset play ahead of the halving ...
We can expect to see a broad recovery of Crypto this week on the back of co-ordinated CB policy intervention, I still favour trading BTC from the long side around these levels, for a move higher towards $13,500 and $16,000, as the liquidity punch bowl continues to be refilled. Momentum in the macro community is starting to gain speed as confidence in public sector assets deteriorates, this premise will be positive for cryptocurrencies broadly.
In the medium term, potential Crypto hedges from risk will also come into focus as markets provision for losses in global growth and s/t EPS. Miners are in a bit of a tight spot with prices at these levels, there is a lot of liquidity being taken out the system in LTC at the moment which is help:
I have been arguing that positive BTC fundamentals should see the highs inevitable taken, but it became clear last week that positioning was too heavily loaded on one side and induced the BTC sell-off. Happy to stay long and add on dips.
Thanks as usual for keeping the likes, comments, charts and etc coming!
LONG GLOBAL MARKETS FLOW INTO BITCOIN 2020If a black swan event is in play BTC will become the Sovereign fast safe haven for investors.
The world is switching from analogue to digital so to speak.
50K could be on the cards
cointelegraph.com
cointelegraph.com
www.cnbc.com
finance.yahoo.com
blockonomi.com
bitcoinist.com
www.youtube.com
COINBASE:BTCUSD
BITSTAMP:BTCUSD
BITFINEX:BTCUSD
BYBIT:BTCUSD
GEMINI:BTCUSD
BITTREX:BTCUSD
FOREXCOM:BTCUSD
BITBAY:BTCUSD
CEXIO:BTCUSD
OKCOIN:BTCUSD
CURRENCYCOM:BTCUSD
BITFINEX:BTCUSDSHORTS
BITFINEX:BTCUSDLONGS
BINANCE:BTCUSDT
BITTREX:BTCUSDT
POLONIEX:BTCUSDT
HUOBI:BTCUSDT
BINANCE:BTCUSDC
COINBASE:BTCUSDC
BINANCE:BTCUSDTPERP
COINBASE:BTCGBP
COINFLOOR:BTCGBP
FOREXCOM:BTCGBP
BITFINEX:BTCGBP
CEXIO:BTCGBP
BITBAY:BTCGBP
BITFINEX:BTCGBPSHORTS
BITFINEX:BTCGBPLONGS
BTCCHINA:BTCCNY
COINBASE:BTCEUR
CRYPTOCAP:BTC
OTC:GBTC
BITFINEX:BTCUSDLONGS
#BITCOIN | Important Levels for PriceHello dear
As we always promised, we give you the best signatures on our humble channel, and that gives us great pleasure
Today we will try to help you know the upcoming Bitcoin price movements in the medium term
As we expected in the previous analysis, the price will drop to these areas, and this is what happened. You can confirm our words in the first analysis found below.
Now what next!
Today we will give you the best areas we expect for the price to rise again, which is well shown in the chart
In relation to the wave analysis of the price. We note that the price is formed by 5 ascending waves and is now in the case of the ABC correction
Check out some of our previous analyzes and don't forget to click on the "Like" button
#BITCOIN | Update 23/O2/2O2OHello dear !
Today we will provide you with a short-term Bitcoin price update
As we expected in the previous analysis, the price may return to test the general trend line, and this is what happened. You can see the analysis below
Next expectation :
- Negative Expectation: A decrease in price after touching the previous trend line
- Positive Expectations: If the #downtrend line is broken and a 4 hour candle closes above it
Check out some of our previous analyzes and don't forget to click on the "Like" button
Take Care
#BITCOIN | What is the next trend !Hello Dear !
Bitcoin price started falling and this was expected
We have many reasons to show us the next direction
- Break the uptrend
- Break the last bottom
We expect the price to rise slightly to retest the trend line and then continue to decline
Be careful and take care of yourself
Check out some of our previous analyzes and don't forget to click on the "Like" button
Bitcoin Headed towards 8300 before the mighty pumpHi all,
I am back with the new post. I noticed that bitcoin headed towards 8300 before the next mighty pump.
You can see in the main chart that there was a perfect symmetry that needed a correction. Also in the below weekly chart you can notice that bearish candles are going to have more magnitude and can follow one more red candle bigger than previous ones:
As mentioned in the main chart, my trade is short and target is 8300-8500. I am going to buy Bitcoin at that price and I may wait patiently until then without being tempted to ride short waves that can yield in the bad results.
If this chart helped you kindly hit like and follow me.
Peace,
Budha
If You Don't Own BTC ... Buy The Dip !!!With treasuries below inflation for only the second time ever in history (btw first time happened at the end of 2016 before monetary tightening). Global CB's are co-ordinating easing this late in the cycle makes it a matter of 'when rather than 'if' BTC will explode. This is the perfect environment to be adding on the dip, and a must have for all portfolios! My readers following on this swing will remember trading the lows:
The Waiting Game
Marching Troops To The Border
Destroying The Defence
Seizing A Breakout
Flirting With A Break of $10,000
On the short-term flows it was crystal clear we would get the retrace as soon as Tokyo and NY offered the open, we lost the highs with a fresh breakdown. This dip is a buying opportunity as highlighted in my latest idea:
...As usual thanks for keeping the support coming with likes, comments, charts, questions and etc! Jump into the comments with your views!
BTC Flag getting tight! Short Near Term... Long Term BullLooking from another perspective... Log Scale with Weekly Candles
Taking this Chart in LOG scale using weekly candles you really get a good perspective as to whats happening and it doesn't take years of experience to decipher.
Im expecting 1 more signifigant drop before any major Breakouts or ATH to be shattered.
Chart speaks for itself. BTC is following a long trend line to perfection. Nearing the end of the wedge. Buckle up!
#BITCOIN | An Opportunity To EnterHello Dear !
We notice that the price has started to fall and this is normal
The price should correct and test the breached resistance that became support
This has a good opportunity to seize some profits in the short term
Here are some previous analyzes you can read about and don't forget to support them by clicking on the Like button
#BITCOIN | What is next ! Hello dear !
Today we will try to anticipate the next price trend
As we previously expected, the price will rise from the $ 8200 areas to the highest, and this is what you have done. You can confirm this at the bottom of the article.
Now we notice that the price has reached the regions of 9500 dollars and this is a good thing
The next target will be 10300 dollars as shown in the analysis above. Take a good opportunity to enter.
Take Care !
Great analysis
Bitcoin - Seizing a BreakoutThe healthy retrace in Crypto markets clearly over. Crypto buyers leaping forward, this time rather than with that distinctive youthful arrogance and energetic flow we have a far more gentle and modest approach. To avoid any room for misunderstanding, we absolutely must dig deeper into the importance of flanking . In this position, note how sellers would be loading to their positions in disaster territory while smart money notices that they get caught out of position in rough terrain:
Once buyers stepped in (we are with smart money flanking price out from the lows), this leaves total control over the channel in play. Our opponents (in this case sellers) should never have given us the chance to seize the momentum, thus with a decisive breakout over the Christmas Holidays I began " Marching Troops to the Border " ...
The theory of our opposition is totally caught off balance with just a simple technical break; previous sellers fighting for role as leader of the channel flows by using offers into resistance areas are forced into covering. Notice how the advance has taken place from a position where sellers have not been able to mount strong barriers. The bear is condemned to die for the common good.
Well done all those riding the pig, a very clean and straight forward swing so far. The entries are going to start becoming more complex as we advance into no-mans land. Another example of the break would be as follows in LTC:
Secondly (EOS):
We shall wrap this up on the demonstrated accumulation and breakout strategy. Good luck all those in Longs across the main Cryptos. Thanks as usual for keeping the support coming with likes, comments and etc.
💎 Bitcoin and Chinese New Year! Expecting new price drop??? Hello everybody! Bitcoin has a tradition - every time on the eve of the Chinese 🇨🇳 New year, a drop begins. The graph shows falls since 2016. In 2018 it was 50%!
This year, the Chinese New year will be on January 25 and will last until January 30 - 7 full days. I expecting very high volatility these days. A lot of manipulation will take place.
What will Santa Claus bring to bitcoin this time? Make your bets how much will the drop be at this time???
BTC's Journey to $4.8M | The Real Bitcoin Growth Mapen.wikipedia.org
The less you know about this, the better really. You'll have to come back to this idea in a decade to find out what really happened.
I hope to be wrong so I can learn from the movements to improve this system. Each line, green, orange and blue, are fibonacci tools using the powers of 2, I've hidden where I've placed them and how I've used them.
The price levels are price targets for Bitcoin in the future, these areas are future tops and bottoms.
If you are familiar with the sigmoid function , you'll find we are currently at 'inflection point'.
∴ Mt.BFX
ridethepig | BTC Destroying The DefenceA quick update here to dissect the possible motives behind the exchange and cast some light over the possible technical targets in the sequence.
In order to dig deeper into the pursuit of position exchange, we shall in what follows highlight the occupation of zones for strategical importance and the apparent desire to exchange sides will fall into our lap like a ripe fruit.
The simplest example would be as in the following diagram - The Waiting Game:
Bears wish to occupy the zone, in order to deliver a breakdown on the lows; but as they tried the move from an overextended and crowded position, buyers had time to prevent them doing so. The correct move in the lows was always to get long, leaving sellers no time to protect against the squeeze, because he will have to overcome the psychological feeling of retreat and recapture.
In the latest chart indicated via " Marching Troops Towards The Border " you will see the exchange:
We also now destroy the sellers because we recognise the importance of geopolitical risk entering back into the room. In the simplest case it is a technical defence of material value; every defender can be seen handsomely rewarded. From the Bakkt lows, we have come to recognise various resistance above preventing the momentum; these following levels will aid to an impulsive leg and trigger a breakout etc: 7500 => 8400 => 13600 .
It is worth striving to destroy these levels in any case, but the concept of "risk" via US-Iran goes much further. You can also defend a hedge against governments (e.g People vs Establishment narrative) or defend yourself against risk-off flows on the approach. See attached Gold and JPY ideas for "Protection" the plays as follows:
Gold:
JPY:
Because of the current themes, the macro protects and secures a wide stretch of the flows and territory. Your urge to destroy the resistance above in BTC should extend with Geo-political risk, in the narrower or broader sense. Eyes on the momentum breakout coming in 2020.
Good luck all those buying dips in BTC.
#BITCOIN | Trendline TestHello dear !
Today we will try to guide you to the next price movement
We notice that the price has risen well as we expected in the previous analysis, you can see that below
. The price has now reached a strong resistance which is the general trend line . We expect some fluctuation in these areas
then we can clearly define the trend. We will inform you of everything new in the coming hours.
Take Care
BTCUSD Another Long from #HOKCapitalBTCUSD Another Long from #HOKCapital, looking at two different entries depending on your lot sizes and margin levels. Lets get it for 2020. as the previous chart of BTCUSD analysis still did not hit SL either as you can see attached chart to this one.
Follow @hok.capital