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BTCJPY

BTCJPY: 1 year spreads are closed nowThis is an interesting phenomenon, the 1 year spreads in BTC prices have now converged. Weekly charts show $BTC can continue rallying, but it is good to take some precautions, holding equal amounts of $ETH as a hedge to it. I'm not sure of the implications of the spread closing like this, but it might affect prices soon. Perhaps it is related to Bitfinex, since spreads closed to the upside to match prices there, despite the problems with USD funding and withdrawals at that exchange. Interesting to keep an eye on the action from here onwards. Good luck! Ivan Labrie.
by IvanLabrie
13
Bye Bye, Bitcoin.A DEATH CYPHER (Bearish Gartley) formation has appeared. There is nothing Bitcoin can do about it, and it's going to it down to hell. But don't panic, if you're invested in Alt-coins, like Ethereum, Litecoin, Ripple, BitShares and Stellar, there is nothing to worry about. If you are not, good luck. You may need it. This baby is going to hell faster than you can imagine. It will come back, as it always does, but this time BTC will have real competitors from other Blockchains, something I actually consider to be good. TP: 825 USD at least, although it could go lower. If you want to know the run-up setup for getting to this DEATH CYPHER, please check out my other post. I thought we were going to heaven, but then I saw a FIB DAEMON who changed my mind. I got out before this bull trap popped. Maybe not at the top, but I know I won't be at a loss. 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 updates as I have been doing in my previous posts. If you earn good profits, please donate some to keep me motivated! You can find more info at my signature.
BITSTAMP:BTCUSDShort
by CoinMajesty
139
BTS to the MOONThis is just my TA take on BTS. I think we're going to the levels between 2200 and 2800. That's a 300-400% increase in the following two weeks. Don't believe me? Ask @Intuit. He has a better explanation than anything I could have come up with. His TA is also better but he doesn't have a banana shaped resistance-support though: 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 google. I will be posting updates as I have been doing in my previous posts. If you earn good profits, please donate some to keep me motivated! You can find more info at my signature.
Long
by CoinMajesty
47