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  • View Poll Results: Were you see BITCOIN in 3 months?

    Voters
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    • 10.000 USD

      8 57.14%
    • 12.000 USD

      2 14.29%
    • 5.000 USD

      1 7.14%
    • 7.000 USD

      3 21.43%
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    Thread: #Bitcoin chart analysis

    1. #151
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      Name:  BTC falling.png
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      Bitcoin is truly picking up the pace now. The move below 9k is significant and I really see this one moving further down. I already mentioned yesterday that Bitcoin has fundamental issues now and many regulations everywhere will come out so its gonna influence the price of it for sure. Also many other ICOs that will start, surely will be more closely regulated and this all will definitely leave Bitcoin investors in fear and doubts.


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    3. #152
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      BTC back to go down after being at 9k price range and now at 8k price range. We will see movement on BTC whether it is able to continue downtrend if can get through support act 8293 or will go up. Many large companies are using adopting blockchain system as used by BTC but they are not talking about prospects for BTC development.
      don't use Luck in the trade but it would be better to use Greed
      hoping for something without hard work will not give anything

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    5. #153
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      Today, Bitcoin is trying to rebound and test the key level around 9.5k, but as long as bitcoin can't break this level , it's the bears that will continue to dominate, with a next potential target on the threshold of 9k USD, before 8.4 USD.

      If Bitcoin manages to stay above 9.5k, the threshold of 10k USD is the first logical goal.
      Spoiler Spoiler:


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    7. #154
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      Name:  BTC sell off.png
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      Big day for Bitcoin and significant one too. Bitcoin was rising towards 9,8k and notice, the last 4h before the move down, it managed to rise higher above yesterdays high and then boom, big selling, big move down. And when I saw this move lower, I took a sell immediately at 9,5k because it will never fall that sharply in a retracement. Now position is already in break even but the target is clear, 6,5k and no less. If the speed and pace picks up, it can be reached in just few days and this week. Hold to your chair because it seems Bitcoin volatility is picking up


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    9. #155
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      BTC on D1 chart is almost approaching resistance price, when price can get through resistance and trendline then BTC will go up. Price also narrows close to trendline cross but the overall trend of BTC is still in bearish condition. If there is no significant buying and selling then BTC will sideway between at price 9k and 8k.
      don't use Luck in the trade but it would be better to use Greed
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    11. #156
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      Name:  BTC ranging.png
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      It feels like Bitcoin is ranging now. After yesterdays strong move when I took my sell order, the follow through hasnt been strong and clear and in fact, Bitcoin retraced and my trade closed in small profit just below break even level.
      Seeing the strong move during the night, it does not attract me that much to sell again because if it was going to fall fast and strong and resume down movement, it would have continue but now, 4h chart again looks choppy and less attractive. I dont want to be in a trade when its not moving at all again


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    13. #157
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      Bitcoin has relatively a low volatility today, hesitating between 8800 and 9400. It managed to grow until 9850 yesterday, but the approach of the resistance 10k had slowed buyers, and corrected to a low around 8700 usd.

      From a graphical point of view, we can see a triangle in hourly chart, which gives no particular indication of the direction to be favored in the short term, inside the triangle uncertainty dominates.
      If the course manages to get out of the triangle, I'll monitor closely the lowest and highest points of the triangle, 8400 and 9800 respectively!
      Spoiler Spoiler:


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    15. #158
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      Name:  BTC moves down.png
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      My impatience has cost me around 100 pips already on Bitcoin sell But its okay, I had some margin issues and I didnt want to keep it any longer over night with spreads going up etc so closed and well done anyway. The idea was right and BTC now below 8,3k and I think a mild retracements up can be sold. Also news continue to pop up that Google will ban crypto ads and that will be the biggest blow to BTC for sure and selling might really take off from there..


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    17. #159
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      Also news continue to pop up that Google will ban crypto ads and that will be the biggest blow to BTC for sure and selling might really take off from there..
      After Facebook and Chinese social networks, this ban from Google leaves the cryptocurrency industry with a very few solutions to communicate and attract customers and investors.
      So it's another blow for Bitcoin, which marked a new lower at 8k. Technically bitcoin confirm its bearich trend after breaking the support at 8.4k , the next targets are 7600 and then 5800!


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    20. #160
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      It seems BTC is getting dimmer and abandoned after many big companies ban crypto ads. It could also be the majority shareholders will remove all BTC shares and BTC bubble will break. BTC can not keep the price in range 9k, support at the price range 8.2k will be tested and if closing price below support at daily time frame then BTC can reach 6k-5k.
      don't use Luck in the trade but it would be better to use Greed
      hoping for something without hard work will not give anything

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