Bitcoin Road Map to 1 MillionBitcoin (₿) is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. The cryptocurrency was invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto. The currency began use in 2009 when its implementation was released as open-source software. :ch. 1
Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services, but the real-world value of the coins is extremely volatile. Research produced by the University of Cambridge estimated that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.
Bitcoin has been criticized for its use in illegal transactions, the large amount of electricity (and thus carbon footprint) used by mining, price volatility, and thefts from exchanges. Some economists and commentators have characterized it as a speculative bubble at various times. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.
The word bitcoin was defined in a white paper published on 31 October 2008. It is a compound of the words bit and coin. No uniform convention for bitcoin capitalization exists; some sources use Bitcoin, capitalized, to refer to the technology and network and bitcoin, lowercase, for the unit of account. The Wall Street Journal, The Chronicle of Higher Education, and the Oxford English Dictionary advocate the use of lowercase bitcoin in all cases.
Million
The real BULLRUN start for HEXHEX is at this time on 30 cent HEX is the best perfomence asset on the world!
This is not a financial advice!
In my opinion, HEX go to the 10.000 $ Price per one HEX in the near future.
PS: look on the ideas from the other people, the most of the ideas are Long and this all time.
MM Token to go to $250 I think support has held we have touched the bottom of the range over 3 times and didn't break through, the price seems to be compressed because of whales pushing the price down. The price doesn't stay down it pops back up. I'm finding it hard to believe that we can drop below $80 - $90. We have traded sideways for about a week. I'm long and looking to see another test of $240 range and perhaps turn that into support. If the price breaks to the downside I will buy around $90-$100 as much as possible.
150 point profit for the DOW futures Following a big rally on Monday, a semi-decent one yesterday that fizzled out mid way through the day resulting in a 700 point drop from the high. I am expecting today to be relatively neutral to negative.
No real new stimulus for the upside other than the FOMO of retail clients jumping into the market.
This morning, the RSI and CCI went oversold shortly after the UK open, it is a good opportunity to buy in with limited risk and had yielded 150 points in profit.
Will be looking for a short later in the day.
WallStTraderandCoach - 5+ years of trading my own funds, Coach, Trader, Speaker and world traveller. Turned 10k into £1M in first year.
ALWAYS use a stop loss, NEVER move it. ALWAYS put my own money behind each trade. Profits and losses are my own.
Key signal to buying Wall Street for 400 points profitDuring the increased volatility you can observe a mild selling of Wall street once open, usually this consolidates withing the first 30 - 60 minutes and results in a bounce back - it certainly did yesterday when a very similar trend was there.
The RSI was oversold and the CCI was at a similar level as it was previously when the market came back and then fell again, showing a perfect time to buy and hold for as long as its north of the 100MA line.
WallStTraderandCoach - 5+ years of putting my OWN money to work. Turned 10k into 1M+ in first year. ALWAYS use a stop loss and ALWAYS put my own money behind a trade.
Using the limit-up to your advantage when going shortFridays tend to be a positive one for Wall st, especially later in the day - with rallies of 900+ points in the last hour for 3 weeks running.
I like to be a long trader, but when the opportunity presents itself for a protected short I can't not take it.
The limit-up is 5%, if you sell before it hits and hold until the open you can see in this case it makes just under 400points, depending on when you sold.
The RSI and CCI are both overbought. Looking for a pullback, even if it is short term, can be profitable.
WallStTraderandCoach - ALWAYS use a stop loss, NEVER move it, ALWAYS put my own money behind a trade.
5+ years of trading solely Wall St, turned 10k into 1M in first year.
Coach, mentor and public speaker.
Exploiting the volatility.
Making the most of LIMIT UP for ProfitLimit up acts as a guaranteed stop, this early in the trading day it is likely that it will pull back - especially as it follows DAX.
I traded a small amount (£100 per point) when it pulled back and bounced, perfect time to sell into the bounce, hold, and achieved 1000 points in around 90 minutes just before it turned negative.
The DOW was limit up throughout Asian session, so there is some positive sentiment - probably following the massive decline yesterday.
I have closed the position with 1000 points profit. I am expecting a slight bounce before possibly heading lower. I don't see it going back to limit up before the open.
WallStTraderandCoach - 5+ years of trading my OWN money in the DJI, Always use a stop loss, Always put my own money behind my trades. Turned 10k into 1M + in my first year. Strategy is one thing, you need to change your frame of mind if you want to be successful.
Short Term WALL ST (US30)RSI indicating overbought, CCI not there yet so still room to move higher, has rallied 1100 points from open so may have run out of steam short term, pull back good for 200 - 600 points then take profit.
WallStTraderandCoach - 10k to 1M + in first year - REAL MONEY - 5+ years of day trading just Wall st . Coaching and mentoring in high demand.
ALWAYS put my own money behind EVERY trade, NOT testing theory. 73% Win rate.
Stop loss ALWAYS twice the VIX .
BTC - $1M feasible even in the mid 2021Hi Guys!
This is crazy but actually, it makes sense .
This is a log scale .
Take a look at the chart .
BTC follows two trend lines . Upper one and the bottom one.
We took into account halving times .
After halving the bull run is present for another ~1,5 year .
It means it should end in Q3 or Q4 of 2021 .
If we look at the peaks of the price it always ended up somewhere above the upper trend line.
The last FOMO bull ride took us the last 3 months of the good market .
This time might be similar.
This is all shown on the chart .
This more worth than 1000 words .
What do you think of such a scenario?
Does it make sense for you?
Let us know about your ideas and approaches in the comment section.
MASSIVE Hugs!
WBM Team
OH NO!! DREADED SNAKE FORMATION FOUND ON BTC CHARTS! SHORT/SELL!The snake is a symbol considered by many cultures over the world as a very bad omen.
It is not surprising that Technical analysis legend Anita goferatump feared this formation the most. Bad things are to come - THE GODS HAVE ABANDONED BITCOIN. The time has come to sell and save yourself! But Know that i am only a messenger - And its upto you to decide your destiny!
BTC Bottom short term!BTC will test lows at around 3200 dependant on exchange, possible play for a higher low but that seems to obvious...
Looking for a fake out to the downside with a wick hitting around $2984 on the exchange Bitmex, but around 3k is the bottom for most exchanges then a move to test 6k (previous market structure).
BTC in a giant rising wedge w/an apex close to 1 million in 2023 Decided to look at the overall trendlines for the entirety of BTC on bitstamp on the weekly log chart and it is very very encouraging. Although it is in a giant rising wedge which will eventually break down (most likely once the bubble finally bursts) The good news is we could climb to almost 1 million per bitcoin by 2023 before that happens....of course it could break down sooner than that like many rising wedges tend to do but if it holds out until the apex the dip it would fall to would be from 900k all the way down to the 6,000s which is where we are currently in price action. Also, this strong bottom support line which has held consistent since 2012 is fastly approaching our current price action which means we should soon go up from here and not have to worry about dipping down under the current level after December. Of course this is all my opinion not financial advice I could be wrong and the strong line of support could eventually be broken although an extremely low probability. We should also get back to our all time high range by no later than the end of 2019(possibly sooner) and continue to only go up exponentially from there if the support line holds true which the past has shown us time and time again it will.
The McAfee 2020 ScenarioWhile I think this scenario is over the top (mostly because it expects a repeat of 2013), Time grows shorter for the "$1,000,000 Bitcoin by 2020" prediction to seem plausible. I have not drawn any lines, but merely drawn boxes to show where the price as been, and where the price would need to go in order to hit McAfee's target.
BTCUSD 1million in 2023 IDEA (Monthly Chart)Heard people saying BTC has the potential to hit 1 million so I decided to take a look at the monthly chart. It seems like there is a rising wedge pattern forming out and inside this wedge BTC has the room to go to 1 million. But as we know that the rising wedge is a bearish pattern the price will probably go down on some point.
This is just an IDEA. Time will let us know what will really happen. Until then I would like to see some thoughts on the idea of BTC hitting 1 million dollars.
Bitcoin will never reach 1M it's not a speculation it's a fact..hey guys!
I made some math with bitcoin here my thoughts:
MAX circulation supply: 21,000,000 pcs (the max bitcoin can be create)
Circulation supply / market cap = price.
Or
Price * Circulation supply = market cap .
1,000,000 * 21,000,000 = 210,000,000,000,000 $ market cap haha
so if bitcoin will reach 1M all the money in the world will be in there.
Good luck!