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Historical

August 2018: ONLY IF history repeats itself in this way...UPDATE based on last post: Using the 2013 to 2015 time-frame extrapolated into this wave's similar but shorter span, we should re-touch the previous all-time-high (approximately 19,500) by end of August or early September 2018. (Again, this is ONLY if history repeats itself) Recall from my last post: We keep seeing mirror images of the 2014 bear market playing out now. But what if (just if) it has indeed played out, but a bit differently from the common mirror images we've seen? As in this? *I know it's a long shot, but never know! (Isn't all TA long shot?) *As you can see from my recent days' posts, I have both bull and bear scenarios, this is just a bullish possibility... (so in a way "yes," TA doesn't predict) *ONLY IF this is true... that would explain the chop-chop limbo we're in right now. You'll notice that the 2014 reversal wasn't "dramatic" or quick or powerful... but a very gradual chop-chop till it reversed.
BITFINEX:BTCUSDLong
by junkofdavid2
2
2014 Repeat is Already DONE in Shorter Span? THIS...We keep seeing mirror images of the 2014 bear market playing out now. But what if (just if) it has indeed played out, but a bit differently from the common mirror images we've seen? As in this? *I know it's a long shot, but never know! (Isn't all TA long shot?) *As you can see from my recent days' posts, I have both bull and bear scenarios, this is just a bullish possibility... (so in a way "yes," TA doesn't predict) *ONLY IF this is true... that would explain the chop-chop limbo we're in right now. You'll notice that the 2014 reversal wasn't "dramatic" or quick or powerful... but a very gradual chop-chop till it reversed.
BITFINEX:BTCUSDLong
by junkofdavid2
2
Somber 2014 comparisons: 200MA + massive RSI bearish divergenceAs you can see on the chart, the RSI bearish divergence that we see today is basically identical to the one we saw in 2014 right before the crash. Another important point of comparison is that right at this point, in 2014, BTC hit the 200MA and turned around... exactly like it did yesterday. Also, if you look around at the alt coins and try this same excercise, you'll notice the same bearish divergence pattern on the day chart for basically every single one of them. If you ask me, this isn't looking good. That said, if you have anything to convince me I'm wrong, I want to hear it!
BITFINEX:BTCUSDShort
by scaramucci
2
Is Bitcoin going to every die - probably not. In this video, I review some evidence available to everybody. I spot some behaviour patterns of Bitcoin over the years. The evidence to date is that it refuses to die - at each stage when people shouted "Crash!" or "Tulip!". I'm not saying that Bitcoin will not die. That's none of my business as a trader. My business is to assess evidence, see patterns and decide on probabilities. I'm inviting all to look at the same evidence. Are we all seeing the same thing? Are we seeing broadly the pattern of fall back followed by shocking recovery?
BITSTAMP:BTCUSD
by Captain_Walker
2
WHY you are SO HURRY?HI I just take a another look to BTC historical data.take look to chart that made for you. In 2013 when we start first big uptrend,it's take 11 month to make our first big ATH and started FIRST BEARISH MARKET at late days of 2013. We ended that bear market in 651 days.finally on 2015.9.14 we started new uptrend that ended in our ATH in late days of 2017 and we enterd recent BEAR MARKET.reaching to our ATH( $20000) due uptrend that sterted in 2015.9 take 27 month. In past 91 days we are started new bear market and everydays we saw posts on TV that claim our bear market is near to end. Purpose of this post is that to compare our historical records and say DONT EXPECT it to BE EASY. IT JUST A NOVICE IDEA.
BITSTAMP:BTCUSDShort
by Peymana71
7
Bitcoin Tumbling Down the StairsThis probably won't be a fast drop at all. More like falling down the stairs... We might pause a couple of times thinking we have stopped, only to continue to snowball down. The FUD with Binance helped exacerbate what was already on the charts and forced this down action today. Looking at fractals from 2014 it is hard to decide if the #1 and #2 are matching up or is the 2014 #2 = 2018 #1 ? If it is the latter then I would expect to see a bump up from our current price levels, but I am more inclined to think we are matching the #1 and #2 and the only move left is to fall down some. Price targets will be as low as $8,000 to $7,700.
BITFINEX:BTCUSDShort
by Bonavest
1
Historical Resistance Levels Coming Into PlaySo I'm just gonna point out some previous resistance levels from the climb up to the ATH that are now serving as resistance on the way down. Levels #1, #2 and #3 provided some resistance on the way up while Levels #4 and #5 did so as well but were merely bumps in the road. On the trend down we've revisited the #5 and #4 levels and seem to have a clear path, meaning no historical support/resistance, all the way to Level 3 at $8142. The next levels are #2 and #1 at $7385 and $5908. I'm still a noob so hesitated to share, but something I've been told over and over is playing out, which is that previous resistance can later become support. Zooming way out and taking in the big picture, this seems to be true. Happy trading.
COINBASE:BTCUSDLong
by drake7