Bitcoin Gold - My game planSame thing is BCH I presume. Sell early before the crowds flood the market, then pick them up again for cheap after a period of accumulation. Rinse, repeat.
BTG
Another one risky instrument...With "Bitcoin" in his name. But looking at the story of BCH, BTG could emulate this pumpy-dumpy ponzi pyramide scheme - like always;)
@ 61.8 level i will buy 50% of planned BTG, rest i will split in three waiting orders @ 75.4, 85.4 and 92.7. Like i always did before. And i always invest only that amount, that i can afford to loose, so only small percentage of my total trading funds. No risk no fun:)
BTG bitcoinGold unfolding - MIndMap - Timeline - notesbitcoinGold (@bitcoingold) | Twitter
bitcoingold.org/category/development/
launch anouncement
twitter.com/bitcoingold/status/929821862263222272
info from website bitcoingold.org/#features
bitcoinGold decentralizes mining by adopting a PoW algorithm, Equihash, which cannot be run faster on the specialty equipment used for Bitcoin mining (ASICS miners.) This gives ordinary users a fair opportunity to mine with ubiquitous GPUs.
Hard forking Bitcoin’s blockchain fairly and efficiently distributes a new digital asset immediately to people all over the world who have interest in cryptocoins. Other methods, such as creating coins with a new genesis block, concentrate ownership within a small group.
To ensure the safety of the Bitcoin ecosystem, bitcoinGold has implemented full replay protection and unique wallet addresses, essential features that protect users and their coins from several kinds of accidents and malicious threats.
bitcoinGold is a free open source software project that is built by volunteer developers and supported by a rapidly growing community of Bitcoin enthusiasts that stretches around the globe.
BTG - BTC bitcoingold moonwalkthis is an update on the evolving considerations of bitcoin chart:
www.tradingview.com
BTG - BTC bitcoingold moonwalkthis is an update on the evolving considerations of bitcoin chart:
www.tradingview.com
bitcoingold BTG - moonchartplease use X * Y scale to adjust to your expectations
this is an update on the evolving considerations of bitcoin chart:
www.tradingview.com
bitcoinGold mindmap s2x aftermath - to da mooon - before releasethis is an update on the evolving considerations of bitcoin chart:
www.tradingview.com
bitcoinGold wallet launch on sunday mindmap this is an update on the evolving considerations of bitcoin chart:
www.tradingview.com
bitcoinGold - bitcoin relation MindMap outlook after s2xthis is an update on the evolving considerations of bitcoin chart:
www.tradingview.com
Short Term Speculation of BITCOIN GOLD....thinking of 2 ways, rising from this basecamp
or retracement.
But my opinion, it seems promising.
So let's wait and see...
Reached the bot going to top My advice is buy, but that counts for the most alts.
WTC and BTG will have the most impact for short
LTC timeline comparison with BTC Gold forkWe're seeing very similar patterns of price action today, 14 days from the 2X fork, as we saw 14 days before the bitcoin gold fork.
Something to watch will be a potential repeat of the pattern which drove LTC from $50 to $70 in 2 days
If BTC has a large correction from its current all time high of $6900-7000 because of the speed of growth which seems highly probable,
then we could see people move into litecoin temporarily as they did before the bitcoin gold fork to protect their gains in a relatively stable coin,
which will drive the price rapidly higher.
BTC/USD 4 Hour Fork AccumulationAs you can see 4 Hour support has been holding up well for BTC. During the previous fork we bounced off 4hr Ichimoku before slingshotting to an ATH for the BTG fork. After a retracement back to the 4hr Ichi, accumulation is happening for the next B2X fork which is in 20 days (expect it to happen sooner).
BTC entry 5.5-5.8
BTC target 6.8-9.5
BTC accumulation starts now. Short alts and long BTC - same process as before.
Potential Rally After BTG ForkAs the BTG fork approaches my current analysis indicates a potential bull rally after the fork. Currently we are in the 5th impulse wave from the 10/18 beginning impulse phase. Currently the price has hit a support, the point of control of the current volume profile and RSI is oversold. All of which indicate a potential pivot for the last leg in the impulse phase.
Retrace to 55 day EMA is imminent, take some profitsHere were looking at the macro 2017 bitcoin trend on a 3D chart...What a year!!
Definitely getting close to the euphoria phase, and with Bitcoin Gold fork upon us there is a possibility for a dump as most retail investors will be out of touch with the hard fork news (aka new money with weak hands). For 2016 we've seen ~2 month rallies before retracements on this crazy parabolic trend, and as traders we can't get caught up in the psychology of the market as the prices are at this level.
Since 6k hit I've had more co-workers and friends asking about BTC, more news, "digital currency" IRA commercials etc and that to me is a sign of "new paradigm!!!" = I'm happy taking some profits at this level (key word "some"), I want to keep a healthy amount of BTC to buy into altcoin uptrends. Next move is to set buy orders to BTFD and buy a steak before our next leg up to 7k and beyond.
Long Bitcoin for the next hours till $6,300. Reward 3:1 ratioBTC hard fork is around the corner and everyone wants some free BTG!
Long the BTC for the next hours. If you want your free BTG too, keep your bitcoins until Tuesday and then sell them.
Let me know your opinion if you have different ideas! :)
Going short on Bitcoin because everyone just buying for BTG BFXHey guys!
This is for Bitfinex.
After i recommended to buy on the last dip, now is the time to sell i think.
Everyone is buying Bitcoin to get free Bitcoin Gold 0.79% but nobody is really researching that project so its a hype based on thin air.
Also the indicators telling me the hype is over with Stochastik RSI and CCI crying OVERBOUGHT .
-Fibonacci
www.investopedia.com
-TD Count sequential:
tradetrekker.wordpress.com
-Squeeze Momentum:
-MACD
www.investopedia.com
-Stochastic RSI
www.investopedia.com
-CCI vs RSI
www.investopedia.com
-TD sequential:
tradetrekker.wordpress.com
