What going on with Bitcoin & Ethereum? Time to Protect?In this video I talk about BTC & ETH. I also learn how to do stops on tradingview XD
Is it time to protect your long postions or do we have more room to run? Lots of questions but I don't have the answer. The best thing to do is lock your gains in with stops & be patient. If your not looking to sell don't even look at btc & don't set-stop because chances are they will get hit. Its CRYPTO & it will make u Cry...
Well I hope everyone enjoyed :)
D-XBT
Bitcoin, Peak Mining & the Halving MythThis is my honest opinion of the Bitcoin market. The points I tried to make here require a lot longer than 20 minutes to really discuss, but they boil down to two major arguments:
Bitcoin does not need a mining industry
Bitcoin does not have any significant consumption-based demand (true demand)
This is important because both of these fundamentals are believed to underpin Bitcoin's speculative price by many analysts. Effectively, in the case of mining, there is no production based price floor, as the industry as we know is not a fundamental factor: a single CPU can keep the entire Bitcoin network running, and there are many people mining for free! (Malware miners, electricity thieves etc.)
The second point is harder to contend. Let's take gold as an established example. Gold's "intrinsic value" (as espoused by goldbugs) lies predominantly in its utility and relative scarcity. But the truth is the industrial usecase makes up around 15% of the gold market, the rest is financial speculation and non-essential items. This is a recent change which took place within the last 50 years since the advent of gold futures and ETFs and this is why we see these massive inter-year price movements in the gold market now. Before this the price was fixed and before that (when utility was greatest) the price was flat for hundreds of years and changed very little over the millennia. (Yes, there are academics that work this stuff out.) Whatever happens within the speculative gold markets, the price returns to the demand level supported by utility. This is what I call true demand. In gold this cycle seems to take decades.
Speculation is the heart of TA, it is effectively what most people chart. This type of supply/demand will eventually be overcome by fundamentals when you move to larger enough time frames. This analysis here, such that it is, takes a multi-decade approach.
Disclaimer: This is 100 % opinion, but it is genuinely what I believe.
95% ACCURATE SIGNAL JUST FIRED ON BITCOIN! BTC ANALYSISTo grasp a better understanding of the vocabulary I use here, read the write up in the related idea.
Today BTC hit one of the strongest consolidation signals known.
Bitcoin will trend down to the 200 MA on the 1h chart, due to a mean reversion condition being met after the previously predicted upward expansion.
This is a very safe signal, ideally you want to enter a short every time the 20 period cci rolls down until price reaches the 200 mean.
Here are three charts using the MEAN REVERSION MA to showcase the effectiveness of this signal. Again, 19 times out of 20 this signal hits its target.
I will update this idea once the target is hit, this signal is one of the most powerful signals provided by 3D WAVE PM, and has the CCI signals to match.
And yes, I chose three entirely different markets to show the versatility of this toolset.
Do note that lateral mean reversion and trending mean reversion will both count as a signal success. All this signal implies is that price will be defined by the 1.25 standard deviation of the compressing period, and lateral moves can be a win condition.
Weekly Trend Analysis on $BTCUSD & $ETHUSD + More | AaronXIn this video I go over weekly trends on $BTCUSD $ETHUSD $NEOBTC $QSPBTC $GASBTC $MCOBTC $ADABTC $ZENBTC $TNBBTC $WPRBTC $REQBTC and $WABIBTC
Weekly Trend turning bullish watchout bears ;)
Hope everyone enjoyed checkout more of my charts & videos below :D
Bitcoin (BTC) could be heading to new yearly lows, here's why.Good morning everyone,
Here's a quick update on our thoughts about Bitcoin.
Hope you enjoy the video.
Like, comment and follow us if you find this helpful, we really appreciate it!
Axsonex Team
------------------------------------------
DISCLAIMER:
Axsonex are not registered financial advisors and no information we provide is intended as financial advice. It is our opinion and nothing more. This report is for informational use only. Trading and investing in Cryptocurrencies is extremely high risk. Ensure that you conduct your own due-diligence before deciding to invest in any asset. We have not/will not be(en) paid to endorse this project. You are responsible for all actions you take as a result of reading/viewing this page.