Hello all,
Some days ago I was drawing you this chart about the BTC :
Here is the current chart :
We are very closed to my prediction regarding the correction as we almost touched the MMA13 (green line) and the support line in red.
We could see another test of the support line but if we are not able to break it, I really think that the UP continuation will take place to make news highs ;-)
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Version française ici : [FR] BTC - Consolidation terminée ?
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Wow! Bitcoin has been consolidating for a whole week now. This is unbearable! I figured we'd be over $60,000 by now.
Seriously? One week consolidation???
And you wonder why people keep using the word "Tulip".
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will see in 5h from now, it hey short the futures!
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I need to pay much more attention to your post. Thanks for your effort and work to publish this information.
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If everyone starts to do this, then @cryptopassion's words soon move markets.
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Years from now with a very zoomed out chart, I believe we’ll be pointing to this moment in history as the beginning of the S-Curve of adoption.
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It looks like it, if we finish the year in the 15/20k per bitcoin next year is gonna be huge!
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I sure hope it does. I want my profits to be multiplied 5,6,7,8 times. I dont believe bitcoin will see good times today when Wall Street enters the game. I believe it will make the price more volatile
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That’s what I’ve been saying as well. But short volatility matters not to us!
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Which coins are you invested in?
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Good work! Can I borrow your crystal ball?
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I never invest more than 10% of my cryptos in BTC, most of my money is invested in DCR,PART and LBC. My predictions is they will me give me the most profitt.
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I expect price to $100k in year from now.
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There has to be a downfall before that. imo.
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Volatility.
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Wow.bold prediction. We all hope so
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Remember my expectation is mid term to $400K.
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We all have some sense of prediction, but others do it better. Goodluck
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The bitcoin is moving up again. The correction may have completed already. I really think your chart is a good reference, cool!
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This is the best period to invest to trade. I've two friends that invest in some little startup: with this way we promote ourselves and in the hope of someone new in this jungle! In my opinion of that: create something new, because something new will change our life.
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i liked this post and i loved this post
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If there is a fall then demand is gonna go skyrocketing prices will go so high
https://steemit.com/bitcoin/@awesomeblog/bitcoin-drops-to-usd13k-in-red-day-for-crypto-markets
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https://steemit.com/bitcoin/@demphil/btcprominer-star-earn-the-btc-for-free
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It will touch 20K by end of this year
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Wish I could do market analysis using charts like this. For now it would be enough to just understand what's meant by all this financial jargon.
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Thanks for sharing @xryptopassion.. i always wait information from you..
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Thanks for the update - will follow you!
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Excellent presentation. I agree with your evaluation. I spent over 20 years on a trading desk so I'm very familiar with technical indicators.
I do not follow Bitcoin. I would never consider investing in it. I believe it to be gambling which is one notch above excessive speculation. I also believe at some point in the future it will become a disaster for investors. Don't get me wrong. I do believe it has plenty of room to go on the upside but with 1,000 investors owning 50% of the outstanding and the history of hacks, lost keys, and closed exchanges this one scares even me. Additionally with the advent of futures trading in Bitcoin it opens up a whole new possibility for manipulating prices. I have felt this way before during and after its 3,000% appreciation. Hope you guys become millionaires trading this vehicle. Good luck.
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hope you right. so... at the moment I guest buy at green circle and then wait and see.
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It will break 20 within the next 2 weeks easy.
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Good information @cryptopassion.thanks for sharing.i like your post and following.
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Saya akan mendukung kenaikan suku bunga sbd untuk mendukung $ 1 poin lagi sehingga kita memenuhi janji minimal $ 1, tapi saya cukup yakin kita tidak boleh melakukan apapun untuk mengubah bagaimana SBD berfungsi dan hanya menikmati perjalanan dan harga tinggi.
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Thanks for sharing
@bibitcoin
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no worried about it.
this is crypto politic
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Thank you very much for your advice on investing. I will try to stick to your predictions.
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Keeping a close eye....wish prediction comes true...and the index barrier get par
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Awesome Post UPVoted By @jimmyjemsx
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great article , keep the good work
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Congratulations @cryptopassion, this post is the sixth most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 42 and the total pending payments to posts in these categories was $2508.15. To see the full list of highest paid posts across all accounts categories, click here.
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Hey, good post, reestem!!
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I want in. Crypto is the future.
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I think It willbreak red line and then down to 10000 if not further down.... let's monitor that closely... thanks
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Is there any insight into how futures trading will have a positive or negative effect on volatility and a new bottom?
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Yeap, you are absolutely correct, looks like hammer building today, to confirm reversal to up trend.. :) previously looks like Doji, but now building as hammer..
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According to the prior and subsequent price action benchmarking the Cboe Bitcoin Futures Kick-off, these levels are still valid.
We are now in the best buying zone according to risk-reward as long as the price stays above the ascending trendline. In any case, we have a bullish movement it might be contained due to the Futures uncertainty.
On the other hand, if the price does not manage to stay bullish above the trendlines and support zone, market might enter in sell-off mode since there is a major fear sentiment due to Cboe's.
Regards,
Trade safe!
Alberto Alvarado
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let's dance :)
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That's a pretty good outlook. I made sure to buy some BTC when it was low and I am enjoying riding the gains. Ltc is looking pretty ham they need that killer app or place to accept them
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this was my prediction box - looks like we have a bullish uptrend.
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This is just a beginning !!! Bitcoin has lots of potential to grow and get into mainstream adoption !!!
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This year ends with $ 20,000 bitcoin
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