The lower Bollinger Band on the daily chart will catch it...
It is actually amazing how well TA works on cryptos.
I noticed that about 19,000 ago
Bitcoin Price Thread
- Thread starter Magna
- Start date
I noticed that about 19,000 ago
Sure looks like a top of a pump
http://bitcoinira.com/buy-bitcoin/?...ahoo&utm_campaign=BCI&utm_medium=PPC&cID=3542
I have on admit the only cool awesome stupendous thing about cryptocurrencies is that they trade 24/7.....no other investment gives you that option...maybe wallstreet can start keeping the exchanges open 12 hrs a day, it is 2017 and money never sleeps so why should stocks after a 6.5 hr trading day....
Is the rally over?? Even if it is how much more do you want to squeeze out of the rally.. it's been rallying for 8 straight years!!! Up millions and millions of percent!!!!! Greedy greedy greedy
Bitcoin plunges: Is its stunning rally over?
By Daniel Shane December 22, 2017: 5:02 AM ET
Has the bitcoin fever broken?
http://money.cnn.com/2017/12/22/investing/bitcoin-plunges-below-14k/index.html
Bitcoin plunges: Is its stunning rally over?
By Daniel Shane December 22, 2017: 5:02 AM ET
Has the bitcoin fever broken?
http://money.cnn.com/2017/12/22/investing/bitcoin-plunges-below-14k/index.html
Now bitcoin is going down at 80 degree angle
now bitcoin aiming for 10 000 level,
follow by 5000 level,
then 1000 level,
then 100 level,
then 10 level.
good thing is that margin to trade bitcoin is getting lower and lower and lower.
as price goes down, many investors will feel that it is cheap and would buy it.
then price becomes cheaper and they buy more and more.
today day range is the biggest since CBOE launched bitcoin
now bitcoin aiming for 10 000 level,
follow by 5000 level,
then 1000 level,
then 100 level,
then 10 level.
good thing is that margin to trade bitcoin is getting lower and lower and lower.
as price goes down, many investors will feel that it is cheap and would buy it.
then price becomes cheaper and they buy more and more.
today day range is the biggest since CBOE launched bitcoin
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The fundamentals were never there. So I never counted them. It will still take 203 months when finally the reality sets in, that we will never see 20K again. This was the 4th real big crash of Bitcoin and it has now very serious competition not to mention it failed as a currency.
So zero fundamentals and huge competition equals no new ATH.
Here is the daily chart I am looking at with BB. At 12K we still have 1K to go to reach the lower BB where I expect a serious bounce. It usually comes back to the SMA what is around 15.7K
It doesn't always go down to the BB and sometimes it penetrates it, but around there is a good place to go long.
https://bitcoinwisdom.com/markets/bitstamp/btcusd
It doesn't always go down to the BB and sometimes it penetrates it, but around there is a good place to go long.
https://bitcoinwisdom.com/markets/bitstamp/btcusd
It went up to almost 15K from here. Bounced back from the SMA line on the 30 minutes chart.
Now it is at 11.4K a very good buy zone again. At least 2K bounce from here...
BCH crashed 55%, I thought some of the alt coins would do actually better...
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are you/could you actually get executions on this type of trading in BTC ?