Btcsell
BTCUSD time for last SHORT maybe?I dont want to say this but, seems like we failed to break resistance again (for the last time in my opinion), therefore shorting is the best way to keep positions safe and also profitable if our scenario happens.
I do not want to give a entry level but I would like to mention my stop loss
Stop loss @: 9100 USD
BTCUSD Going to 10K and belowMore companies are leaving BTC as the market shows it failed its proposal of becoming a new type of money. The blockchain still continue to grow and evolve, specially with the ETH development teams all around the world. We expect BTC, which is already obsolete, comes to lower levels than the new emerging and better proposals of virtual economic assets. Specially the ones that have real people (with faces) behind it, are not competing with the current economic system, but presents new technology proposals for money and assets exchange. 2018 is the year where Blockchain is gonna consolidate as the future of decentralized and bullet proof money exchange method.
BTCUSD Head and Shoulder FormationBTC is facing a moment of truth where more "serious" investors are getting more knowledge about the blockchain and its capability. Most of them get in to the market through BTC but move sooner to serious projects like Ethereum and its alt-coins / tokens apps. BTC as a "store of value" theory is already past and the future of blockchain (and maybe a better proposal for a electronic store of value) are in the horizon. BTC is obsolete and its now trending down as per the market is adjusting for the new ones that are gonna replace it. Maybe Segwit2 or BCH. Who knows?!
Sell BITCOIN (BTC/USD) Based on Multiple TF ConfluenceThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.
Bitcoin next moves an overviewhello dear traders as we see bitcoin break the last and most high top in his history so this will lead us to a new areas i tried in this chart to figure the way that the bitcoin is going to move in the next dayes lets hope the best as i say always selling or buy is only with price action .
good luck .