UnknownUnicorn897809
Looking at BTC's previous corrections from all time highs, it usually takes around 72 hours for the correction to end and a bounce / market switch to set in. In this case, 72 hours from now will be Monday morning in Shanghai. So let's see if time frames can be of any help in BTC. Will update on entry and stop if I do go in.
Now that there will be no free coins, I think that BTC will have a correction to the previous level of resistance, which is 5k. Now that 2x isn't a thing, that value will be drained from BTC's current price, as the reason BTC rallied was because the market factored in the price of 2x into BTC. I'm waiting for 4900-5000 to go long again, however, I'm not short...
I know I said I expect BTC to have topped for the year, however, it's not impossible that we'll have a little short squeeze following the recent dip. I'm 10x long @ $7270, looking to take profit around 7590-7750, and my stop is located at 7129, which is just below the daily low - I believe if we start breaking that price, we will proceed to have a red day. The...
Based on BTC's exponential growth, even taking into account MtGox and SilkRoad and ETF and everything else thrown at it, it still looks set for $1700 by the end of this year, possibly even higher. This is all that needs to be said.
I've never really been an Elliot wave trader, however I've been looking into the theory behind them lately, and I find the concept very interesting. Let's see how this scenario plays out. Besides the Elliot waves, we have a massive bull flag that formed from 7500 down to 7000, which has now broken upwards again. Elliot waves, bull flags - Bitcoin is going to new highs
This will be the next big thing. I'm watching this project very closely, and plan to run a few secure nodes for that passive income. Watch this thing pump after the BTC fork. Don't miss out lol. Buy around 0.0024-0.0026
Let's face it, we've all been rekt in our alt portfolios by this recent BTC rally. However, the year isn't over yet, and there is still some hope. After the fork on 15/17 November, lots of people will be looking for somewhere to stash their free BTC - and hopefully that place will be alts. Also, I believe that a lot of alts are undervalued right now, and have been...
Time to make up for them altcoin bags, glhf
trend line
Everytime btc rallies and makes new highs, it news a bit of time to cool off before moving up again. When it does move up, we usually see the prior resistance turn into support. In this instance, 6k is a nice round psychological number, and we now need to see whether the market determines that as support or resistance. Should we have resistance here, a retrace to...
SALT Lending is a great platform that offers blockchain based loans, where you can loan fiat money and use your crypto as collateral. This is the first product of its kind, and looks like it will revolutionize the banking world, by offering credit to those who would be denied a loan by the bank - such as most millennials. I'm long. Looking to unload a little bit...
Feels like this has bottomed out after a few nice pumps. I expect a bit of accumulation phase, followed by a lift off later on in the year. I'm looking for at least 30%, and I'm prepared to hold for a month or 2.
It's the weekend again, and you know what that means for the BTC price...
If BTC has another run of 140% from its 100 day MA, like it did back in July, we should see it hitting new highs around $7600 by the end of the year. I'm hodling
UBQ is a solid little coin, great dev team and community. Liquidity is quite low, but I expect a little move upwards in anticipation of Ubiq's Ledger Hardware wallet integration, which is rumored to be coming sometime in October.
ZEN will be implementing secure nodes very soon. They have dedicated 3.5% of the block reward to the secure nodes, so expect to see an influx of people stocking up on Zen, once secure nodes are working. Estimated time 1-3 months.