bitcoiner21

bitcoiner21

The McDonalds pattern is a famous long-term fractal that has the effect of putting many bitcoin bulls and leveraged traders back to their former McDonalds employment positions. As you can see the pattern predicts 50% - 60% drawdown from the current prices. Be vigilant because the clown might come for you as well.

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If there is one thing which bitcoiners know, it is that the crypto market is cyclical. We have had multiple boom and bust cycles throughout the years with incredibly similar characteristics in terms of percent change. Bitcoin had its boom last year and every other coin followed. And a boom is always followed by a correction. You can see the big picture in this...

bitcoiner21

Monero POLONIEX:XMRBTC is probably the only altcoin which has been steadily rising against Bitcoin COINBASE:BTCUSD in the last two years. It was called "the only useful altcoin" in the early days of crypto. As the power of AI and Big Data is becoming increasingly more consolidated into fewer hands, compromising the confidentiality behind transactions on...

bitcoiner21

The BTCUSD pair has seen a big downward correction today. Following the long-term trend in BTCUSD, the following reversal zones can be found to continue the bull market: Zone 1: BTCUSD ~ 12,500 Zone 2: BTCUSD ~ 9,500

bitcoiner21

Ethereum experienced rapid growth over the past year. At the beginning of 2017 COINBASE:ETHUSD went to very high levels in a very fast manner. This rate of growth was unsustainable. Due to this explosive rise, in the following months the market slowed down, experienced pullbacks and continuously retested the ≈$400 resistance zone. In the end of November the...

bitcoiner21

There have been many articles and rumors around the speculative price bubble forming in Bitcoin (and the cryptocurrency market as a whole) Today, what would mean a bubble with the size of the one formed back in 2013? It would mean a 5127% increase in the price of Bitcoin from the level it broke the resistance in its logarithmic trend. In the course of ...

bitcoiner21

You can clearly see the trend which has been present since the inception of Bitcoin. Whenever this trend gets broken there is a market crash, eventually it all goes back to normal. Current excessive speculation has lead to beliefs about big drops in Bitcoin's price - worst case we hit the support level at around $1500-1600. The long-term potential is clearly visible.