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Bitcoin technical analysis

  • #5,721
  • Dec 7, 2017 3:09am Dec 7, 2017 3:09am
Quoting RondaRousey
{quote} Bitcoin rising yet Bitcoin Cash and altcoins falling what does this mean noobs?? divergence?
Leading indicator?
  • #5,722
  • Dec 7, 2017 4:35am Dec 7, 2017 4:35am
just short bitcoin again to average. hope the bloody bitcoin collapses
  • #5,723
  • Edited 5:43am Dec 7, 2017 4:55am | Edited 5:43am
Quoting HockMan
just short bitcoin again to average. hope the bloody bitcoin collapses
There is too much hype before the CBOE and CME going live, it has just hit USD15,500.

However this bit of news might stop the train:
https://www.cnbc.com/2017/12/07/bitc...eet-banks.html
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  • #5,724
  • Dec 7, 2017 5:12am Dec 7, 2017 5:12am
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practising coitus interruptus
  • #5,725
  • Dec 7, 2017 5:22am Dec 7, 2017 5:22am
Quoting Vitallica
{quote} There is too much hype before the CBOE and CME going live, it has just hit USD15,500. {image}
Whatever exchange you're using is overvaluing btc by at least 700 dollars. Actual price hasn't hit 15k yet, sure it will soon though. I'd go by bitfinex as true price.
https://cryptowat.ch/

Also tp hit at 14k 8000 pips taken over 2 longs. Added another long on pullback at 13200 tp 15k.
  • #5,726
  • Dec 7, 2017 5:45am Dec 7, 2017 5:45am
Quoting avibe
{image}
Bitcoin just pushed over USD15,750; so the pace has accelerated again, but if the banks pushing to halt the futures get their way, the pace may moderate.
  • #5,727
  • Dec 7, 2017 6:04am Dec 7, 2017 6:04am
just closed my short bitcoin that I open 25 minutes ago. all the best to you all
  • #5,728
  • Dec 7, 2017 6:15am Dec 7, 2017 6:15am
Quoting avibe
{image}

Al(l)...ready in a cry...stal bubble ?


P.S.
Are we , instead, inside the first Elliott wave?
(the third wave is, as usual, composed ...)
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
  • #5,729
  • Dec 7, 2017 6:53am Dec 7, 2017 6:53am
Quoting mag00
{quote} Al(l)...ready in a cry...stal bubble ? P.S. Are we , instead, inside the first Elliott wave? (the third wave is, as usual, composed ...)
There are many who firmly believe that this parabolic price rise will be nothing in the grand scheme of things, so your second point is very plausible.

We just need to get over Bitcoin being stolen.... I thought the whole point of Bitcoin was its unassailable capacity to avoid this problem. If you can steal it by hacking, how is it different from normal currency or any other asset? In fact this could be worse, because with normal currency, you just get paid with other currency, in the case of Bitcoin, it could be your assigned Bitcoins that have been stolen, with a distributed ledger to prove yours are gone too.
https://www.cnbc.com/2017/12/07/bitc...rketplace.html
  • #5,730
  • Dec 7, 2017 7:24am Dec 7, 2017 7:24am
Quoting Vitallica
{quote} There are many who firmly believe that this parabolic price rise will be nothing in the grand scheme of things, so your second point is very plausible. We just need to get over Bitcoin being stolen.... I thought the whole point of Bitcoin was its unassailable capacity to avoid this problem. If you can steal it by hacking, how is it different from normal currency or any other asset? In fact this could be worse, because with normal currency, you just get paid with other currency, in the case of Bitcoin, it could be your assigned Bitcoins that...
I think we have already arrived ...

(third wave is composed: end first wave)

P.S.
here the template ...
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Attached File(s)
File Type: tpl Btc.tpl   32 KB | 401 downloads
... panta rei ... (Heraclitus of Ephesus, 535-475 BC)
  • #5,731
  • Dec 7, 2017 7:28am Dec 7, 2017 7:28am
Just sold bitcoin again. hope it crashes
  • #5,732
  • Dec 7, 2017 10:33am Dec 7, 2017 10:33am
eish

Jesus !!

19000

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practising coitus interruptus
  • #5,733
  • Dec 7, 2017 10:40am Dec 7, 2017 10:40am
this fucking thing has to crash and it will be painful. Looks almost like liquidity vacuum which drove the price up that fast.
  • #5,734
  • Dec 7, 2017 11:02am Dec 7, 2017 11:02am
did bit exchanges crash?
don't predict direction, but dance with flow of water
  • #5,735
  • Dec 7, 2017 11:12am Dec 7, 2017 11:12am
Quoting priceaction1
did bit exchanges crash?
coinbase yes
  • #5,736
  • Dec 7, 2017 11:19am Dec 7, 2017 11:19am
my exchange platform freeze
don't predict direction, but dance with flow of water
  • #5,737
  • Dec 7, 2017 11:20am Dec 7, 2017 11:20am
Benchmark to Is somebody hacking bitcoin network?
  • #5,738
  • Dec 7, 2017 11:25am Dec 7, 2017 11:25am
Does somebody has a bitcoin wallet ? Are bitcoins stolen or just a forex crash ?
  • #5,739
  • Dec 7, 2017 12:21pm Dec 7, 2017 12:21pm
gdax was out for a while ... that didn't improve price discovery
  • #5,740
  • Dec 7, 2017 1:45pm Dec 7, 2017 1:45pm
Quoting avibe
eish Jesus !! 19000 {image} {image}
My broker did not ever show prices above USD15,500 even though GDAX went to USD19,000. Spreads at an impossible 50,000 so I did not play this round.
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