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Digitalgold

Middle Term Analysis for BTC-USDTBitcoin repeated the historical cycle. Will the growth continue or falling down slowly with Lower Low, Low High pattern? It's so hard to predict that. But I believe with all my heart the growth will continue! Arrow signs are simple guesses. It might not go out of sync with my prediction. My discourses, my analysis and my drawing are definitely not investment recommendations. Cryptocurrency trading involves high market risk. Please take care of your trades. My analysis is for educational purposes, I am not responsible for your losses.
Long
by calderontr
Bitcoin Era - Possible ScenarioBTCUSD Analysis At this moment the BTC / USD price is $ 17,471 with a local maximum of ~ $ 18,500. The evolution of BTC / USD in the last month was more than spectacular, with an increase of about 70%, managing to break very important key points: $ 12,500, $ 14,000 and $ 16,000. If BTC / USD manages to stay above $ 16,000, the trend is confirmed to be one of growth and market values ​​can reach much higher prices than current ones. As potential highs we have to cross a psychological threshold of $ 20,000 for the market to create a new feeling of FOMO (Fear Of Missing Out), in this case the price of $ 30,000 could be easily reached. Otherwise, if BTC / USD falls below this value of $ 16,000, BTC returns to a short downtrend near $12,500 area. Another very important factor in this analysis is the history of the last BullRun which took place in May 2016 - Dec 2017 in the case of BTC. Between the mentioned data, the growth of the cryptocurrency was constant, but with price adjustments of approximately 40% overtime. At this time, a 40% decrease from the local maximum of $ 18,500 means an estimated value of $ 11,000, as the minimum point to be reached according to the above hypothesis. The RSI indicator represents a high interest in buying lately, but a risk of price correction. The increases of the current year are similar to the movements in the beginning of the last bullrun. A healthy growth needs prices corrections, in which to accumulate and to establish new support areas. The closest support price is $16,000. The growth has made the market look confident and discussed by big media and big names (PayPal, JP.Morgan etc.) and most of the world's central banks that are discussing creating their own digital currencies (CBDC). The attention is due to the events of 2020, the pandemic caused by Coronavirus and the decision to print fiat currencies to support the economy. This action unfortunately translates into the devaluation of the fiat and rising inflation. The correlation between cryptocurrencies and classical markets still remains valid with percentage differences in terms of increases or decreases due to market capitalization, the latter (Crypto) having much lower capitalizations than the first mentioned, which brings increased volatility. Any big growth starts with small steps!
BITSTAMP:BTCUSD
by StGex
BTC & DJI similarities in movements? BTC 25k?I would first like to introduce my self. I am a mother of 4 boys between the ages of 5 and 33, with the oldest being my wonderful husband. These are my view points and by no means this should be considered as investment advice. PLEASE DO YOUR OWN RESEARCH. I am going to simply imply that the green coloured Rectangle will get filled just like the pink rectangle got filled. Now look at the correlation between #bitcoins and the #dji . I buy when the Macd prints its last red candle that for me is conformation that the market is going on to the opposite direction. Between February 2019 & March 2019 I drew a Golden Goose egg. I have noticed that the buy volume of the months to come have been in a similar pattern . I drew a white rectangle that would demonstrate why i have come up with such conclusion. My TP is 25k is that gold rectangle at the top maybe I am all wrong, my personal belief that the months to come will bring new highs to a BTC Exchange near you #Bitcoins and other Digital Currency Reserves not to name any besides #Digitalgold BTC . Let me know what you think of my research give me some pointer and if you have any and please correct me if i am reading it all wrong. In this age of the new norm even house wife's are trying to learn to trade to get some sort of sanity. Imaging being locked down for months and all you see is your husband behind a screen saying let longs this Cow and your for a fact knowing he has no clue of what hes is doing but to surprise all he is doing was winning when the pandemic struck. He told me darling i'm buying because everyone else is selling he was like everything that goes up most come down. well guess what on the monthly charts its to low for me its a buy. I am just trying to find out if I might have what it takes to read these charts, please input and help where ever you think i might need help. PS my husband doesn't have a clue that i'm trying to be him right now. Cheers like share and subscribe for more......
BITSTAMP:BTCUSDLong
by BrittneyCrypto
8
Why Bitcoin Is the Best Internet CurrencyGovernments across the globe are diluting their sovereign currencies more than ever to combat various economic crises. This is causing many to reconsider the consequences of their governments’ monetary actions and their lack of power to influence them. In response, the narrative for an alternative currency is growing stronger by the day. People are seeing the merit of a currency where the decision to alter supply isn’t made without a vote or by a group of elites behind closed doors. And currency investors are gravitating toward bitcoin. It’s seeing widespread interest from corporate treasuries, institutions, Wall Street, and more. ----> MicroStrategy , a publicly traded business intelligence company with a market cap of $1.6 billion, recently disclosed its corporate treasury holds 21,454 bitcoin. It believes bitcoin is a dependable store of value with more long-term appreciation potential than cash due to the depreciation of fiat currencies. ----> Institutions like Fidelity are beginning to onboard customers like Kingdom Trust, which are offering customers bitcoin cold storage through Fidelity Digital Assets. ----> Giants such as the New York Stock Exchange’s parent company , Intercontinental Exchange (ICE), Nasdaq, and TD Ameritrade are all beginning to roll out their own crypto platforms. ----> And popular publicly traded Grayscale products such as its Bitcoin Trust and Ethereum Trust have a combined nearly $4 billion of assets under management and are witnessing record growth. What’s more is we’re seeing these developments translate to bitcoin’s fundamentals. Thanks to the network’s transparency, we know how many total wallets there are holding bitcoin and transaction activity. The number of bitcoin wallets is at an all-time high. And activity on the network has only been higher once before – near the December 2017 peak.
GEMINI:BTCUSD
by ShinForex1
Long term Bitcoin AnalysisBitcoin has been bullish in the past week, and the price is showing rejection in the weekly long term trend. The rejection will only be confirmed on Sunday. My prediction is that BTC has hit a resistance level at 11,500 and will rest and sell off to between 9000-6000 and form a third relative low and then we will enter a bull market again. This may take time, make sure you are liquid enough for when its time to moon Would love to see your comments on this one. This is a bold call
BITSTAMP:BTCUSDLong
by TradingWithTheTrend
Here is why Bitcoin will Confirm the Bull-Flag a Second Time! __________________________________________________________________________________________________________________________________________________________________ Hello dear friends and cryptocurrency enthusiasts, today I am looking at the daily bitcoin chart. This analysis will be my logical follow up to past observations. As I already published Ideas on the subject according to bitcoins price movement in the bull-flag and the break-out with confirmation of the bull-flag, which already happened. If you want to have a full overview according to the recent formation and price movement I strongly recommend that you check out the charts already published. __________________________________________________________________________________________________________________________________________________________________ This analysis is the logical follow up to the charts you can watch below: Where I called the real or fake bull-flag: Where I called the bull-flag confirmation and the higher high which developed: __________________________________________________________________________________________________________________________________________________________________ So now we can jump to the formation building up in recent days, as you can see in my chart bitcoin formed a higher high at 10470, exactly the are where I predicted the higher high in the recent analysis, now as expected we get some down movement which is quite strong but as you can see in my charts we have a healthy support are at the bull-flag upper line. The upper line of the bull-flag channel is not the only support we are facing in the structure, we have also good support at the 78.6 % fibonacci ratio and the support level of the recent up-trend. You can see it here: Support/Resistance: __________________________________________________________________________________________________________________________________________________________________ As bitcoin has great support in the are between 7300 and 7600 I see a high probability that we confirm this are as support in the futrue. After the confirmation we can expect some up- moves to higher levels. I will look for a good and decent LONG entry in the support area, for now a SHORT trade on the shorter time frame is possible but it would be wise until the bulls provided a decent pull-back. Now it is waiting time, I see a high probability that bitcoin confirms minimum a second time, as described in my chart, the big bullish bull-flag which theoretically already confirmed. __________________________________________________________________________________________________________________________________________________________________ Thank you my friends and crpyto currency enthusiasts! If you found this analysis profitfull feel free to subscribe my channel and give a like for more market insight! “In order to succeed, you first have to be willing to experience striving.” I stand for this quote in the name of my analysis! It is friday so have a nice weekend my friends! ;) __________________________________________________________________________________________________________________________________________________________________
BITFINEX:BTCUSDLong
by VincePrince
15
Bitcoin's Downward Daily DribbleBitcoin ‘GOLD 2.0’ Overview: Price is dropping for the 6th day in a row. We have range bound chop happening atm and Bitcoin looks to be dropping to the 9150 region and potentially the bottom of the triangle on the upward trend line. We are sitting idle until price proves itself in a direction. Support Levels: 9150 is support Resistance Levels : 9400 is a sticky point, with price just below. 9800 is the next major resistance Triangle of Interest (marked with the orange triangle) Remains the same for yet another day, Our eyes are watching price action within the triangle. We need to watch price over the next 24 hours in this zone. Bulls Verse Bears Bullish above 10500 Bearish below 6500 Bitcoin to Date: Overall Approximate Bitcoin Dominance: 64.8% Approximate Bitcoin in Circulation: 18,200,125 BTC Approximate Bitcoin Left to Mine: 2,799,875 BTC Road to 21,000,000 Bitcoin Mined: 86.67% Approximate Days Until Halving: 94-97 Days Daily Current Price: $9232.9 USD Daily Change %: +0.39% Market Cap: $167,930,375,953.00 USD 24 Hour Volume: $29,960,465,698 USD Population of the World: ~ 7,762,243,820+ humans Bitcoin/World Population: ~ 0.002344698958451 Satoshi’s / $21.64 USD per person GOLD: $1,555.6 USD +5.20 +0.33% Gold has risen $5.2 USD within the day. Biggest Bitcoin Transactions of the Day 🚨49,922 Bitcoin ($458,100,287 USD) transferred from unknown wallet ➡️ unknown wallet 🐋 800 Bitcoin ($7,327,065 USD) transferred from Huobi ➡️ Bitstamp 🐋 2,000 Bitcoin ($18,469,681 USD) transferred from unknown wallet ➡️ Binance 🐋 1,250 Bitcoin ($11,494,236 USD) transferred from unknown wallet ➡️ OKEx 🐋 1,001 Bitcoin ($9,160,472 USD) transferred from OKEx ➡️ unknown wallet
BITFINEX:BTCUSD
by LandenInternational
BITCOIN ENDING DIAGONAL PATTERN IS HINTING A POTENTIAL RALLYPirce has been in a corrective wave after the sharp advance in Bitcoin that formed a leading diagonal pattern. The correction which seems to be unfolding as an a-b-c zigzag pattern is about to complete. The blue zone on the chart is a critical area for the ending diagonal in wave (c) of c to bottom. The break of wave (2) of c high will signal the resumption of the trend and the invalidation level on the chart will be the stop loss level. This rally can be short-term A-B-C, or a longterm 1-2-3 wave pattern. Best of luck on the chart! Veejahbee.
BITFINEX:BTCUSDLong
by Veejahbee
4
It's Like Deja Boom All Over AgainJust thought it was time to publish this update to my earlier 'Fun with Time Fibs' series. Basically it's a study of a recurring time scale pattern in the Bitcoin price structure that harks back to the beginning. According to the pattern we are fast approaching a significant turning point toward a new all time high, with almost as many days between the previous all time high & the January 2015 bottom; And that same bottom to where we are now. What the current blue & orange timefib zone signifies is due to the extremely long drawn out bear market, relatively speaking, we have been in for the last 2 years, we should be in for a massive multi year bull run toward this next all time high that I calculate will happen sometime in July 2017. This coinciding with major bear markets developing in the share indexes & commodity prices, bodes well to the safe haven nature of Bitcoin, as a 'digital gold'.
BLong
by UnknownUnicorn59736