Bitcoin's BEST CASE SCENARIO?




This market trading analysis applies to various exchanges, including Bitmex and Binance. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space.

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– Forflies

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43 Comments

  1. As a professional trader, I don't understand the reaction from most people in the Crypto Community There was a major resistance zone around 6400 and Bitcoin broke through that zone. What happens is that resistance zone now becomes support. You could see the price slowing down around the $8,600 mark and going to reverse. A day before this big drop the whales put all the orders in the Bitcoin Shorts and then today sold and re-bought near the support zone! This is all basic trading and ta. If you work out the basic math from here bitcoin will now reach the top of the weekly 2018 triangle pattern around 10500 – 11000 area. I am increasing my bitcoin daily waiting for the full swing or full effect of the bull run by trading a certain percentage of my bitcoin and holding the profit. That’s common sense if the price sky rockets I win big but if a correction occurs I still win. I use the signal services provided by the best out there Gérard Barrientos (gerardbarrientos6672@gmailcom or on WhatsApp +447427159640). I have used the services of other providers but none comes close Gérard. His signals are always accurate and easy to use and understand. I urge all of you looking to make a breakthrough in bitcoin to contact him today.

  2. Every time Bitcoin has seen a pullback of 30 percent or more, it was always followed by a sharp rally and gained on average, 153 percent after every price drop, meaning that there will still be plenty of buying opportunities even in the bull market. Once the current resistances are crossed, the next significant would be at $9,400 and the current situation is just to dissuade us from buying more. BUY,TRADE,HODL and to go about this easy, use signal services like that of Robbert Wiegman. In the last 1 week, my holding increased by 3 btc earning me over $18,000 using his system and as a security, i convert a certain percentage of that to FIAT and keep trading. Its a very simple but rewarding strategy as i have experienced already because his signals make trading easy and very profitable due to its accuracy. This is a critical time and must be taken advantage of before bitcoin becomes too expensive for the average person. RObbert's contact is "robbertwiegman@gmailcom", and anyone can reach him for some guide on how to make the best use of the prevailing market

  3. Forflies, your original vibes are clear and present again. really appreciate you checking the ego. you are a good lad and wish you much success.

  4. In case you missed this news, I wonder what's going to happen when it reaches the Far East soon: A billionaire – and potentially soon to be Bitcoin baron – has apparently offered to buy "25%" of the entire circulating supply of Bitcoin – a massive 4,432,740 BTC, which at current exchange rates equates to $38.5 billion.

  5. Perhaps the 9k is such an important profit taking level because it's 3x from the 3k region. It's a pretty common method to take out 1/3rd if a position does a 3x.

  6. I have faith that the higher low support line from June to October 2018 won’t break again. It also ties in with your ichi/fib level too, if a little lower.

  7. "every picture tells a story dont it" look closer young skywalker, retailers took profits having waited 8 – 10 mons, blended buys will continue, i like the big picture, the accumulation continues, 26% institutional buys to the BTC supply, there going to be a quickening with constrained availabity of supply soon! just an observation on the escalating big picture ! Old Fart in Crypto@Forflies

  8. I haven't forgotten those body blows, there was one only ten days ago, and also the whole of last year buying the dips

  9. Sound is still clicking – it don't seems to be a microphone issue in the first place. sounds like digital clicks; could be a disturbance of the current by certain devices or just clipping

  10. I'm a single straight woman but right this minute looking at the chart, even I am fearing that my wife may leave me

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