It is not over until I win
{quote} No such animal Diagonal Triangle!!! It's called Ending Diagonal!!Good spot!! Let's add few here $8000
So when is bitcoin going to reach 50K?
Every time you post I
SHORT SHORT SHORT
You came here for the truth and let me unveil it for you
- #6,484
- May 29, 2018 7:17am May 29, 2018 7:17am
- Joined Jun 2015 | Status: Trader | 14,961 Posts
{quote} The HODL idiot. So when is bitcoin going to reach 50K?
Every time you post I SHORT SHORT SHORT
I was gonna say bimbo but i changed it
...you know how much i pity you.
I said 50-70k in 1-2 years. Not today!!!
Rather than playing guessing games, tell us about your master prediction how bitcoin will never surpass $3500.
I took some profit at $18000 when you were buying ....Bitcoin ...and then diapers
LOLAnd i hardly believe you have money or desire to short
Here's a chart. I'll buy that 7000 level in few days...
Read, learn.
Left part....as the right part is obvious.
If it's too difficult - ask.
I respect Venzen a lot, so if your brains, Ronda, allow this - go spill your blabber here
https://www.forexfactory.com/showthr...9#post11103779
Keep this thread for smart people.!!
Beware of robber banks (RB), bad advisors.
{quote} The HODL idiot. So when is bitcoin going to reach 50K? Every time you post I SHORT SHORT SHORT
current price 6700
You came here for the truth and let me unveil it for you
{quote} Listen Ronda.... I was gonna say bimbo but i changed it
Bitcoin currently 6500
Price does not lie. Idiots and noobs do just like you.
Put your hand up if you are selling your home to buy bitcoin or mining bitcoin or HODL to get rich?
You came here for the truth and let me unveil it for you
- #6,487
- Jun 13, 2018 7:07am Jun 13, 2018 7:07am
Bitcoin drops to lowest since February
by Fawad Razaqzada
Source: TradingView and FOREX.com
by Fawad Razaqzada
The price of Bitcoin has fallen below $6500 to reach its lowest level since February 6. That was a day when it found significant support from around the $6000 mark which led to an eventual recovery to almost $12000 later on in the month. But it doesn’t feel like such a sudden rally will be on the cards again this time. Bitcoin has been trending lower along with other crypto currencies since early March and no end to the bear trend appears to be in sight. Sentiment on digital currencies turned sour after the bubble burst late last year, leading to significant price drops. A clamp down on crypto exchanges, ICO advertising ban, and threats of regulation undermined investor confidence. Sentiment hasn’t been helped by a series of hacks either, the latest victim of which being South Korean exchange Coinrail which affected a number of lesser-known coins such as Pundi X. Other factors that may have undermined cryptos include diminished geopolitical risks, reducing the appeal of safe haven assets across the board.
It is said that success breeds success. Well, the opposite is also true. The sustained fall in the price of Bitcoin and other cryptos has caused sentiment to turn bearish on digital currencies with many would-be buyers put off by the downward-trending prices. Most participants in this group are unlikely to step in unless they are confident that the downward trend has ended. Support from this source is therefore missing for the time being. The fear of missing out (FOMO) has no longer been there to justify buying at ridiculously high levels. Also helping to exacerbate the sell-off is long-side liquidation, causing further selling pressure. Undoubtedly many long-term investors missed out on the opportunity to close at or near the highs and some are now forced to get out with whatever profit is available to them.
Bitcoin will bottom out eventually, but it could go down a lot or a little further in the meantime. No one will be able to predict precisely when and at what level the bottom might occur due to the almost unlimited number of variables that affect prices of cryptos. But when prices do bottom out, we will see a big rally and a break in market structure of lower lows and lower highs. Once that structure is broken only then can long-term investors have legitimate reason to step back in.
The focus for shorter-term minded speculators is clearly looking for bearish setups than bullish as things stand. Participation on the short-side is undoubtedly growing as more and more support levels break down. With BTC/USD being below the 21, 50 and 200 day moving averages, this is objectively telling us that the trend is indeed bearish. We have included a few potential support and resistance levels on the chart.
Source: TradingView and FOREX.com
- #6,490
- Edited 4:31pm Jun 22, 2018 4:16pm | Edited 4:31pm
- Joined Jan 2017 | Status: Trader | 695 Posts
the only path this will take is down to 6045.975 {image}
Well done
{quote} Hmm. Good question. Let me ask - what frame are you trading /investing!?!? If you're day trader - may dip again...may go lower...or higher....
One of the dumbest posters on FF and noobs subscribe.
Who follows the stupid thread: The rise of CRYPTO - Bitcoin, LTC, Ether, Dash, Monero?
Bitcoin: 20k to 6k
LTC: 360 to 85
Dash: 1600 to 235
Monero: 470 to 111
Remember price does not lie, morons do.
You came here for the truth and let me unveil it for you
- #6,491
- Edited Jun 24, 2018 12:33am Jun 23, 2018 11:54pm | Edited Jun 24, 2018 12:33am
- Joined Jan 2017 | Status: Trader | 695 Posts
{quote} RondaRousey, Why pee in the drinking water? We are all traders trying our best to profit from the price swings, right? Now you choose to be the Moaning Minnie in the group and what for? This isn't a fanboy site, its a trading forum. Please don't make me use the ban button FF gave me for this forum. The FF moderators won't disagree with my decision. Contribute constructively won't ya?
Bitcoin @ 5800
Aren't you some cartoon watching kid who thinks no one should short bitcoin?
Your contribution to your own thread has been piss poor.
I told you to short BTC at start of year.
Noobs listen only to other noobs like you.
Bitcoin tanking kicked your kung fu panda in the face
Hi to Cableguy, tostaky06 and all, Thanks for the praises tostaky06! I must admit that without a hard-and-fast method in place my trading very much resembles "Mr Bean goes to Market". Unfortunately I cannot show much technical justification in this 1day chart, but I indicate significant levels. If you look at the 1week chart (the attached chart is 1day) you will notice MACD has crossed below its signal line. This is bearish for the long-term. Within this bearish scenario (for 2018, at least) we expect the market to test that upper TL near $12k....
PS your thread is dead.
You came here for the truth and let me unveil it for you
- #6,494
- Edited 6:52am Jul 2, 2018 6:41am | Edited 6:52am
- Joined Nov 2008 | Status: Trader | 1,757 Posts
- #6,495
- Jul 3, 2018 9:14pm Jul 3, 2018 9:14pm
- Joined Jun 2015 | Status: Trader | 14,961 Posts
Bitcoin: Downtrend of the last two months is broken ! What is next ?? Sixer {image}
Range trading if u ask me....until some regulation light comes.
Or until big money enter..... Say few months zigzag.
If you ask some Moon boys then 50000 is coming.
If you ask bimbo Ronda !! then negative --20000 is coming and since she shorted at 19999.90 she'll make 40k of each of the 1000 bitcoin she shorted and just collect money for brain surgery.
Doctors say about her "Uno braino missingo completo, crybabo supremo "
keep this quiet.!!! Beware of robber banks (RB), bad advisors.
- #6,496
- Jul 5, 2018 9:19am Jul 5, 2018 9:19am
- | Joined Apr 2018 | Status: Junior Member of HA | 158 Posts
Bitcoin: Downtrend of the last two months is broken ! What is next ?? Sixer {image}
some more variables needed to confirm a reversal is valid
in this case - BTC - it must be a fake break imo , then downtrend still intact.
PA must make new low of 5701.95 or even lower , my best bet range to 3155.768925
as you may know, a triangular formation gives us best information which way PA goes, end and when.
