BTCUSD daily price action | Page 16 | Crypto Craft

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BTCUSD daily price action

  • #301
  • Aug 30, 2019 5:30am Aug 30, 2019 5:30am
Quoting Sixer
Bitcoin: Take into consideration that the cycle count (black) shows that wave "iv" is finished. Next price target is 15750 $ - middle of nov 19. Sixer {image}
Jip agreement was thinking more or less along same lines, but that's under the assumption this wildhorse will follow traditional way of trading....


Are you buying this dip?
4&1 All Time Profit: $37,496
  • #302
  • Aug 30, 2019 5:37am Aug 30, 2019 5:37am
#BTCUSD - #UPTREND

#Bitcoin short term Trend is #BULLISH
Buy @ $9500 | 1.00000000Ƀ

Updates
Bought @ $9500 (on 29 Aug)
Profit:???

If price falls deeper from $9500, we can look to buy dip at any giving opportunity... And wait for the pump patiently... @bitcointrendupdate
Have Fun Guys
PA/Algo trader... Flow with the tide, not against it
  • #303
  • Aug 30, 2019 5:41am Aug 30, 2019 5:41am
Quoting TMR
{quote} https://genesistrading.com/, https://www.bitcoinsuisse.com/, for example. He burned all that money to keep the facade that he created the bitcoin. By Satoshi's bitcoin I mean the single computer that mined over 1M BTC starting from block 0. I'm not sure which address is subject to the lawsuit. Don't lose any sleep my friend. We are still going to the moon!
So there is a possible proof for "the real guy" to demonstrate beyond any doubt it's him ??? ...if he really decides to show up eventually, of course.
Member
  • #304
  • Aug 30, 2019 6:05am Aug 30, 2019 6:05am
Quoting Goat
{quote} Help me understand this so I can use it myself.
I imagine if you have a couple of billions in bitcoin and you need some real cold hard cash, you sell huge.
The hose will flow lotta greenies out. That's not something you can hide under the rug. All eyes on the move.
You can't sell slow either, because the price will drop progressively and the profit will get lower and lower... you lose big.
You need a fire sell ...and the problem is that it will trigger some red flags. They will hunt you to tax you big.
So you need a shield, a smoke screen to cover your maneuver...
So the public patsy transfers small stake creating a diversion and all eyes on him. You stash your big stake in multiple accounts and enjoy your stay in the dark...
I don't know... I really wasn't thinking too much... it was a 2 seconds idea ...it might be stupid.
Member
  • #305
  • Aug 30, 2019 8:04am Aug 30, 2019 8:04am
Not sure when the Big Money will Buy again ...
Take your levels by yourself !

Sixer
Attached Image (click to enlarge)
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  • #306
  • Aug 30, 2019 9:50am Aug 30, 2019 9:50am
BTC/USD : Price: $9,570 | MCAP: $171.83 | 24-Hr Volume: $14.68 billion

Short-term trend: Bearish

BTC fell to a one-month low of $9,320 on Bitstamp on Aug. 29. As of now, BTC is changing hands at $9,570.

Bitcoin's three-day chart is reporting a contracting triangle breakdown and a below-50 reading on the RSI.

With the path of least resistance to the downside, BTC risks falling to $9,000 and could extend the slide to the three-day chart 50-candle MA, currently at $8,738, in the next few days.

The hourly chart RSI has turned bullish, so a corrective bounce to the former support-turned-resistance of $9,755 (Aug. 22 low) could be seen before a slide to $9,000.

The short-term bearish case would be invalidated above Wednesday's high of $10,280.
Attached Image (click to enlarge)
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Money = Labour coupons
  • #307
  • Aug 30, 2019 2:35pm Aug 30, 2019 2:35pm
Quoting TMR
With the path of least resistance to the downside, BTC risks falling to $9,000 and could extend the slide to the three-day chart 50-candle MA, currently at $8,738, in the next few days.
I'm with you here. I feel we may be testing 9,000 levels this weekend.
  • #308
  • Aug 30, 2019 11:09pm Aug 30, 2019 11:09pm
Well she held up nicely this week. Makes me feel a little better.

Quoting TMR
extend the slide to the three-day chart 50-candle MA, currently at $8,738, in the next few days.
Maaan if that happens I'll be skeptical that it will ever break $10K again.

You have more faith than me TMR.

Have a great weekend brother.

Quoting TudorIoan
{quote} I imagine if you have a couple of billions in bitcoin and you need some real cold hard cash, you sell huge. The hose will flow lotta greenies out. That's not something you can hide under the rug. All eyes on the move. You can't sell slow either, because the price will drop progressively and the profit will get lower and lower... you lose big. You need a fire sell ...and the problem is that it will trigger some red flags. They will hunt you to tax you big. So you need a shield, a smoke screen to cover your maneuver... So the public...
Haha I get you now!!! You are a true original Tudor... the day you told me you were long BTC I knew you'd be interesting!!
  • #309
  • Aug 30, 2019 11:17pm Aug 30, 2019 11:17pm
Here is how an Elliott Guru is counting the actual price pattern.

Sixer
Attached Image (click to enlarge)
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  • #310
  • Aug 30, 2019 11:20pm Aug 30, 2019 11:20pm
Quoting Sixer
Here is how an Elliott Guru is counting the actual price pattern. Sixer {image}
That's more what I would expect if BTC is to not crumble.
  • #311
  • Aug 31, 2019 4:39am Aug 31, 2019 4:39am
Quoting MarkGman
{quote} I'm with you here. I feel we may be testing 9,000 levels this weekend.
Mark.....im going to go the other side bud....
Im thinking we head further up north before it comes and pushes lower bud.
Just thinking any push lower will first gain more momentum higher.
yesterday green candle close around support area may be telling...thinking 9 800 first...H1 rsi still above 50 line and still pointing north....Previous weekly pivot still above and price has just tested previous support handles.....
Lets see....
4&1 All Time Profit: $37,496
  • #312
  • Aug 31, 2019 5:03pm Aug 31, 2019 5:03pm
We got a bit of a rally this weekend.
  • #313
  • Aug 31, 2019 11:44pm Aug 31, 2019 11:44pm
Quoting Goat
We got a bit of a rally this weekend.
The Architect intervenes... Daddy won't let the bears to tear down his baby ...dangerous zone below 9k, it must be avoided with any cost
Member
  • #314
  • Sep 1, 2019 3:20am Sep 1, 2019 3:20am
Bitcoin:

The Market Cap shows exactly the price pattern.

Sixer
Attached Image (click to enlarge)
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  • #315
  • Sep 1, 2019 6:59am Sep 1, 2019 6:59am
Quoting alphizo
#BTCUSD - #UPTREND #Bitcoin short term Trend is #BULLISH Buy @ $9500 | 1.00000000Ƀ Updates Bought @ $9500 (on 29 Aug) Profit:??? If price falls deeper from $9500, we can look to buy dip at any giving opportunity... And wait for the pump patiently... @bitcointrendupdate Have Fun Guys
Waiting for Big money guys
PA/Algo trader... Flow with the tide, not against it
  • #316
  • Sep 1, 2019 7:54am Sep 1, 2019 7:54am
Quoting TudorIoan
{quote} The Architect intervenes... Daddy won't let the bears to tear down his baby ...dangerous zone below 9k, it must be avoided with any cost
Buy a truck load of it Tudor
4&1 All Time Profit: $37,496
  • #317
  • Sep 1, 2019 9:24pm Sep 1, 2019 9:24pm
Faketoshi did an interview after the trial. I just found it... watching now.
Inserted Video
  • #318
  • Sep 1, 2019 10:17pm Sep 1, 2019 10:17pm
At 36:00 he starts talking about how the trial has only just begun. That is a direct contradiction to the print interview he supposedly did, where he sounded resigned to sending the 500K coins. I doubt that interview was real at all.

Looks like my earlier concerns were a false alarm. I did sell a few coins but I needed a nudge to take some off the table anyway.

Btw the crypto media is worthless at this stage! We are really early in this thing boys.
  • #319
  • Sep 1, 2019 10:51pm Sep 1, 2019 10:51pm
Quoting Goat
I doubt that interview was real at all.
I looked a little deeper into this. I'm absolutely sure that interview is 100% fake. Faketoshi never talked to "Brendan Sullivan", if that's even a real person.

I got hoodwinked by the crypto media boys. I didn't know they were out here writing fantasy interviews! That absolutely blows my mind. I guess the crypto guys are a little more creative than I'm used to from the financial media.

I'm glad to have learned that lesson.
  • #320
  • Sep 2, 2019 1:31am Sep 2, 2019 1:31am
Quoting Goat
{quote} I looked a little deeper into this. I'm absolutely sure that interview is 100% fake. Faketoshi never talked to "Brendan Sullivan", if that's even a real person. I got hoodwinked by the crypto media boys. I didn't know they were out here writing fantasy interviews! That absolutely blows my mind. I guess the crypto guys are a little more creative than I'm used to from the financial media. I'm glad to have learned that lesson.
Man,
1. How many Faketoshi do you think will show up in the next couple of years?
2. How can the real one prove it's him ?
The keys from dozens of the first bitcoin blocks can belong to any early miner. Also the PGP key server run by MIT?
3. Who the fk cares who's Shitoshi after all ?
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