If you cannot recognize the similarity I can’t help you. Don’t forget, history repeats itself. This is why all this TA stuff works in the end. Just to clarify this. The 2014 fractal shows the whole downtrend of 2014 which… Continue Reading
At the moment we are in a situation where BTC partly has strong drops. Use this opportunity to buy cheap one of your favored altcoins. BTFD !
https://www.tradingview.com/chart/BTCUSD/VfqNadS4-Bitcoin-BEARS-vs-BULLS/ – Prolog — Bitcoin -5.50% dropped hard in the last two days. Some reasons might have been a.e. the “Binance API hack”, MtGOX trustee dumps lots of Bitcoin -5.50% , SEC Statements about regulation (kind of a bullish thing… Continue Reading
BTC still is in downtrend mode. Indicators are very weak at the moment. Possible downwards peaks to 9800, 8200, 7400 or even 5800 $ are possible. Keep your altcoins tight! The bitcoin lightning network acceptance is increasing these days, as… Continue Reading
BTC is still inside the falling wedge and bounced down after hitting the resistance zone beginning at 13400 $. Good support can be expected around 10k and 8k $ if BTC will take another pullback down to this area.
As expected yesterday BTC did another drop down towards the support line and nearly perfectly hit it. We should see a rise from this support line soon with possible breakout towards 20k $ or another retrace on the resistance line.
BTC UPDATE: As said a few days back, BTC is still in a triangle and currently has downwards momentum which could lead us to around 12700 – 12600 $USD before bouncing up again. If some whale is dumping we could… Continue Reading
BTC is building a huge triangle and may correct to around 13k $ before going up again and maybe breaking resistance levels on its way to 20k and ATH.
BTC made a good correction about 45% today. This was necessary due to the exponential growth since months. The green box shows a historical support zone in which BTC dropped and bounced back up. At the moment many newbies in… Continue Reading
BTC dumped a bit but found very strong support around $17700 and so bounced back up over $18000. Most of the altcoins paniced but are recovering fast. Be clever and use those dips!