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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I'm here for valuable info and you talk about tron.fuck that shit
how many "uhh"s were there? lol
technically its a bearish dump on bullish deadcat bounce
Bitcoin has impoverished some of the best minds of this generation. And that is unforgivable.
the lowest bitcoin will hit is 3100 and wont even hit those levels again .resistance is set .just hold on and the markets will take a quick turn up so get in while its low .we looking at 10x 100x next bull run .history repeats itself everytime .
Nope! This is only downwards for the foreseeable future!! Cryptos are going to die and most will go to zero!!! Anyone still long is going to get Rekt!!
We're going sub 1k… the crypto space is sick.
I think people get really confused about the market doing the opposite to what people think. Remember that a lot of those people saying its going to go down probably havent even got a position. Its like me saying my cat is bearish on bitcoin so that means it will probably go back up. Its better to look at people who are actually trading it and see what they are doing. You say a lot of people have been saying its going lower. I've also seen lots of people saying they think this is the bottom and its going up. The only real way to see market sentiment in my opinion is look at how many people are short or long in the market. If you look at bitfinex shorts they are not really that high at all compared to how high they have been recently. i do agree it could maybe bounce at 3100 but I don't know if it would be a big bounce. Definitely would be a place where people might try and buy in again!
my ears… thank you
Go Bulls. Run it up
Just sold all my XRP.
falling wedge bottoming on the 200 weekly… i think next 10 days we're hitting 4k again. Our bearish bias is a as much a psychological symptom of experiencing loss as it is a technically rational outlook. Lots are expecting to see sub 3K…. kind of like lots were expecting 50k in the bull run.
bitcoin was the worst decision in my life, I never touch this shit again.. now I know what store of value is, it is just fiat money in your pocket USD, EUR, work as decent money and I can rely that this money buys almost the same amount of good in few years too.. THAT is STORE of VALUE
The big sell-off happened because exchanges do not allow credit card purchases. It was a major transfer of money to debt. And those who use credit card are taking losses well some are holding. They will need to be another way for Mass retail to get into the market since 2018 and 2019 there are less ways to use debt for purchasing cryptocurrency. The only way to push this to the upside is if big players and Banks get into it.
No such thing as safety on the sidelines. When in XBT in account and you miss shorting a move like this you lose
What is the best exchange for Cryptos? Safest, and allows limit orders ??? Most user-friendly ???
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The dump i had earlier was definately bullish
$2800 may be the target. I noticed a large amount sitting in a buy down there
Great insight, Forflies: we re about to have longest bear market ever, if we go under 3159 by jan 31st (410d); if not anymore, that means we had a 363 day bear market, ended on dec 15th, 2018 (second longest ever). Considering similarities with 2015 bear market (fundamentals were worse at that time), very likely bottom is already in. Many similarities wwith last bear markert (Weeekly RSI low=28; monthly RSI low=44,5;right above 200 weak moving average)…
Looks like a bull run is about to happen to me.
Was a great day! Closed 4 trades: ETH 75% XRP 15% ADA 15% BCH 25%. Maybe not without risk but imo it was obvious that its going down 😀
Going straight to $1200
What's up with Quality ?
1st