BlogHide Resteemsvoluntarymess (25)in bitcoin • 6 years agoBitmain 51% attack funded by an IPO?Recently the cryptocurrency company “Bitmain” has been making news for its upcoming Initial Public Offering (IPO) in order to transition the company from private ownership to a publicly owned and…voluntarymess (25)in bitcoin • 6 years agoBitcoin path of maximum frustrationI think it was Parabolic Trav that was referencing the market's tendency to follow the "path of maximum frustration" during the run-up in November and December. He may well have been passing that…voluntarymess (25)in bitcoin • 6 years agoThe bitcoin bears are alive: the continued road to $3500Another day, another dodge-ler. Bitcoin dodges hidden bullish divergence confirmation on the daily timeframe yet again as the bears continue to drive the price down. Remember that prior to…voluntarymess (25)in bitcoin • 6 years agoBitcoin head & shoulders (the continued path to 3500)Alright hear me out. This is a bit outrageous, but I think we may have just put in really sloppy head & shoulders pattern starting July 17 with the breakout from the neckline occurring just…voluntarymess (25)in bitcoin • 6 years agoBitcoin bullish divergence looming, and why I'm still bearishHappy Tuesday gang. For those that read Sunday's article, we have a potential bullish divergence between the price of bitcoin and the stochastic indicator. As expected, it did not technically…voluntarymess (25)in bitcoin • 6 years agoQuick Sunday bitcoin update - the path to 3500Alright guys, this is a quick one. As you know, I believe for a number of reasons that the we will put in a bottom at the 3500 level. I'm very open to the fact that I could be wrong, and that…voluntarymess (25)in bitcoin • 6 years agoBitcoin reversal or more blood?More blood is my bet. Amidst a slew of ostensibly bullish signals on the fundamentals side including the announcement of physically-settled daily bitcoin futures contracts operated by the…voluntarymess (25)in bitcoin • 6 years agoAll according to plan for bitcoinWelcome to August. Bears/Ravens kick off the NFL preseason tomorrow night with the annual Hall of Fame game and thank god football is back. Let's first take a look at the daily chart that I've…voluntarymess (25)in bitcoin • 6 years agoBTC short looking good.Tuesday bluesday. Betting against the crowd can have some distinct advantages. Most of crypto twitter is desperate for the reversal of this bear trend, to get back on the road to 33k or 50k…voluntarymess (25)in bitcoin • 6 years agoMuch stop loss, so scareWelcome to the week of July 30th, 2018. Hopefully if you're reading this it means you've survived the whipsaws without stepping out of your window. Or at least the injuries were minor enough to…voluntarymess (25)in bitcoin • 6 years agoThe kid's on fire (so far) - BTC breakdownLooking forward to the weekend, you guys. In the meantime, it looks like my bearish scenario is playing out more or less as planned. Got stopped out like a ding dong on a counter-trend scalp, but…voluntarymess (25)in bitcoin • 6 years agoBTC bullish or bearishIt is Wednesday m'dudes. My take-profit hit overnight so I'm a happy camper. Yesterday I mentioned that I would set a limit sell around the 618 fib at 8500 and that hit almost dead on. Depending…voluntarymess (25)in bitcoin • 6 years agoBitcoin bull trap and the last shortLove it when a good plan comes together. Bitcoin price action is currently following the 2013 market cycle beautifully. As previously discussed, the price of bitcoin during the back-side of the…voluntarymess (25)in bitcoin • 6 years agoWhere are we at in the BTC market cycle?Happy Monday everyone! If you're in Texas, you might be growing agitated with the heat and it might be affecting your trades. You might be on tilt because it hasn't been under 100 degrees in a…voluntarymess (25)in bitcoin • 6 years agoBTC bullish divergenceOne more quickie before we head into the weekend. I may get in on this setup with a relatively tight stop - the whipsaws seem to be far less drastic near support as opposed to the gnarly ones up…voluntarymess (25)in bitcoin • 6 years agoBTC breakoutTGIF guys - I think this is going to be an active weekend for BTC so no rest for the weary. As we come to the close of this weird diamond and/or ascending triangle and/or symmetrical triangle…voluntarymess (25)in bitcoin • 6 years agoBTC bullish boxRecently we saw bitcoin break the neckline of an inverse head & shoulders pattern which would (by traditional trading rules) predict an upward movement from the neckline of approximately 1100 points…voluntarymess (25)in bitcoin • 6 years agoWell...that was faster than expected for BTCI went outside for a quick jaunt around the neighborhood to get away from the charts after getting in long and boom, someone or a number of someones came into the market and injected some rocket…voluntarymess (25)in bitcoin • 6 years agoBTC neckAll eyes are on the low timeframe BTC charts. Everyone is waiting for confirmation of a neck-line break of the inverse head & shoulders pattern formed over the last month which would be a bullish…voluntarymess (25)in bitcoin • 6 years agoBTC relief rallyHappy Monday gang! It's bizarre to see green on Mondays but that's exactly what we have. Big daddy is up almost 5% over the last 12 hours starting around 5:30 this morning (eastern) and continuing…
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