Looking at the crypto currency markets for trading BTC and LTC etc. This market trading analysis applies to various exchanges, including Binance and Kucoin. The stream specifically focuses on if bitcoin is going up to 20k again in 2018 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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The current bottoms ALL relate to a price Bitmain needs to maintain to make their miners profitable (salable in western markets when tied to electric costs and ever increasing difficulty factors). If the market price is high enough Bitmain can concentrate of mining and miner production but with $16 billion in assets they have the most to gain/lose in BTC tanks. Here are some dates and bottom supports that Bitmain will cover if needed.
11/01/18 6711
12/01/18 6982
01/01/19 7264
there was no capitulation . as long as obvious scams and shitcoins are value d at billions or hundred of millions .. or evene tens of millions – market is way to high.
There are other things to trade. Gold is steadily going down. Oil is steadily going up. US Stocks is potentially on the verge of crashing. Its more of a pain to set up accounts for these. But if you are bored you can spend time investigating these.
I’m buying all winter! I don’t care we’re it goes!
BTc can pop, but then there after go sideways for a while! Slow long term growth is ok!
Mt gox 2019
tron pumped btw
Mda trx zrx and arn all had decent moves today with mda and arn doing 40percent or higher gains. Arn took a huge dump afterwards though.
hold alts trade bitcoin
The big boys are playing chicken at the moment. When someone makes the first move just watch how fast it moves.
I know the price will run up more, then bleed off and have an extended winter and actually go lower than current lows… Then as it goes higher, All we need to do is invest what we’re Holding and make more profit, So we don’t feel the lost in fall of price when it happens again, The increase in bitcoin has been making waves lately, I am happier than ever having invested in it this time. Did not have much faith in Bitcoin, until I met with Shaun Ames in person, who teach young traders how to increase their portfolio and the comments from different users convinced me to contact him, I was overwhelmed with his strategy, And my weekly interest is amazing due to Shaun Ames accurate trading signals and good graph recommendation.
did you say it would be painful if we go up? the fck? lol
50k btc by feb
A few minutes later, €6 million worth was bought, pushing BTC price to nearly $8000 which is about 14% above other market price.
The bot did not end there as it continued its trades, selling about €1.3 million within a minute. This last buy stabilized the price, and BTC continued trading normal rate of around €5,685/$6,500.
did you guys see Bitstamp yesterday?
whos not trading?
capitulation????????????????
you hate litecoin don't you.