Bitcoin Market Sentiment on 2018-06-13

in cryptocurrency •  6 years ago  (edited)

Steemit Header 2018-06-13.png

Aloha!

In the crypto market (actually in all markets as you all know, but I’m only interested in crypto) there are two major forces that move the market – the bulls and the bears. That’s why you often hear of the market being bullish or bearish.

As of 11 July, 2018 we are IMHO “officially” in a bear market. Some might argue “we’re bearish since the Death Cross happened”, others might say “Hell no, actually, since *insert your date here*”, etc.
As a matter of fact, July 11 is a date I decided to write this post, and it just happened that the weekly candle closed below 50MA (two weeks in a row).

Whatever.

I’m not here to point out who’s wrong or right, who’s a good or bad Technical Analyst (aka TA).
No one’s always right 100%. Nobody on the list below is a psychic or has a crystal ball (that being said, if there’s a psychic among you who predicts the future and do other awesome stuffs – please contact me ASAP. I want to be your friend 😆).

My goal here is to gauge the current crypto sentiment by following TAs tweets/comments (+ some other sources) and provide data on it. All the information here is for educational purposes only! These numbers aren’t buy/sell signals! Therefore, everything I write here is not a financial advice! Please DYOR, trade responsibly and consider your investment decisions carefully!

Some things I’d like to add:

  1. Sure, I could add the detailed analysis done by TAs, but I think many of you will be in "TL;DR" mode instead.
  2. These are just Technical Analysts that I know of. Of course, there are more of them on Twitter / Youtube. Feel free to suggest any other TAs. I’ll review them and maybe post their targets/comments next time.
  3. Some TAs don’t post Bitcoin charts often, so I will probably add or remove some names.
  4. Comment below if you find any mistakes (for example, incorrect info or typos).
  5. If you have any ideas on how to improve the list and make it more interesting – please let me know!
  6. Just in case:
    • T1 means Target #1;
    • T2 = Target #2;
    • T3 = Target #3;
    • ST = Short Term;
    • MT = Medium Term;
    • LT = Long Term;
    • 1SAAT = One Step At A Time. Just means that Bitcoin price prediction is short term only.

Enjoy and if you like it, please share and spread the love!

See you on the moon! 🚀🌙


Steemit TA infographic - 2018-06-13.png

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Update dateAnalyst (in no particular order)SentimentTargetReferenceComment
2018-06-13LisaNEdwardsbearish
$5200
Tweet“l expect to reach lower support $5,200 in the coming days to week”
2018-06-13Tradingroomappbearish
$4600-$5400 area
Tweet“May get a bounce from 5800/6100 area"
2018-06-13D4rkEnergYbearish
$4888
Tweet
2018-06-13CryptoBirbbullish
$6700-$6900 (1SAAT)
Tweet
2018-06-12BigChonisbearish
$5867 / $4986 / $3583 / $3046 / $1848
Tweet“There’s no reason why any of these levels can’t be tested as support…”
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@cryptocoq welcome to this great community..I'm positive you'll do well , I've followed you, please do well to follow back..peace