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Showing posts with label bit4x. Show all posts

$400 Bitcoin - Strong Bull Rally Final Target 600s. May the #crystalball be with us.

bit4x - Hello friend Grow Your Bitcoin, Get Free BTC, In the article you read this time with the title bit4x, we have prepared well for this article you read and take of information therein. hopefully fill posts Artikel 1broker, Artikel bit4x, Artikel Bitcoin, Artikel bitcoins, Artikel bitfinex, Artikel bitmex, Artikel bitstamp, Artikel BTC, Artikel btcusd, Artikel bull, Artikel bullish, Artikel okcoin, Artikel pump, Artikel rally, Artikel target, Artikel technical analysis, Artikel trading, Artikel trading strategy, Artikel uptrend, we write this you can understand. Well, happy reading.

Title : $400 Bitcoin - Strong Bull Rally Final Target 600s. May the #crystalball be with us.
link : $400 Bitcoin - Strong Bull Rally Final Target 600s. May the #crystalball be with us.

see also


bit4x

Ladies and gentlement, the FOMO is real. $BTCUSD price action has been picking up steam over the last weeks, with a year long accumulation prior to the rise which has broken $318 convincingly.


Over the last week, we broke above $318 and made a high of $334.67 and consolidated for a moment before breaking above structure again, creating a new 2015 high of $342.06 on 2nd Nov. I went into greater detail on my Twitter post and Tradingview chart last night, saying that this move has legs and can potentially rally to $400 and beyond.

Bitcoin Major Resistance Broken: Short-term Uptrend Confirmation
Bitcoin Major Resistance Broken: Short-term Uptrend Confirmation




Since then, we have rallied past the 340s and $BTCUSD (Bitstamp) is currently trading at yet another new 2015 high of $396. We're currently seeing the bulls and bears battle it out within the 386-396 zone.

Edit: Bitcoin has now broken $400 and is trading at $406.

Bitcoin Major Resistance Broken: Short-term Uptrend Confirmation - Trading at 400+
Bitcoin Major Resistance Broken: Short-term Uptrend Confirmation - Trading at 400+





So what's the cause of this insane bitcoin price rise? There's been positive news about bitcoin going on for a few months now, mostly revolving around the "blockchain not bitcoin" idea. Some news include:
  • Banks experimenting with Blockchain
  • Gemini - $240s - Oct 8th
  • Economist cover - $318 - Oct 31st



As I mentioned in my previous blog post: "this marks the beginning of a new uptrend as we head into 2016, with news outlets ready to paint a bullish picture as the market requires new buyers to get into pump mode."

I'm sure there's still plenty of news pieces in store, ready to be unleashed at appropriate times over mass media channels in the next months to attract new money into the bitcoin economy.

Looking forward to next week's weekly candle and seeing this Triple EMA turn green. Everything has been looking good since re-entering bitcoin in August and with the crazy price action since breaking out of $240.

Will have my sight set on $600+ if 420/450/480 levels are blown through. 657/670 will be my final targets for this run and I may be looking for a short into the 400s before loading up again. Trade safe, and may the power of the #crystalball be with us.

Bullish Bitcoin: Weekly Triple-EMA Turning Green - First Time Since August 2014
Bullish Bitcoin: Weekly Triple-EMA Turning Green - First Time Since August 2014


I think we're gonna see the 2015 high broken a few more times, so remember, the trend is your friend. Get yourself in a favourable position during the bitcoin rally, and leverage this opportunity on OKCoin, BitMEX, or Bitfinex for margin trading up to 100x.



On a separate note, the S&P 500 ($SPX) looks almost ready for a short entry. I've been eyeing this one for a while now.

S&P 500 Index ($SPX) Daily Chart - Looking for a short position
S&P 500 Index ($SPX) Daily Chart - Looking for a short position

S&P 500 Index ($SPX) Weekly Chart - Support & Resistance Triple EMA
S&P 500 Index ($SPX) Weekly Chart - Support & Resistance Triple EMA

Watching the Triple EMA on the weekly closely.

Capitalize on this with Bit4x, 1Broker, and SimpleFX, and trade in global capital markets stocks indices forex using bitcoins.


References:


Previous Blog Post: Uptrend Established Bullish Horizon for #Bitcoin: 2016 The "Pre-Halving" Pump (and Dump). $BTCUSD



Share your thoughts and questions in the comments section below, or send me a direct email by filling out the form at the bottom of the page.

Ladies and gentlement, the FOMO is real. $BTCUSD price action has been picking up steam over the last weeks, with a year long accumulation prior to the rise which has broken $318 convincingly.


Over the last week, we broke above $318 and made a high of $334.67 and consolidated for a moment before breaking above structure again, creating a new 2015 high of $342.06 on 2nd Nov. I went into greater detail on my Twitter post and Tradingview chart last night, saying that this move has legs and can potentially rally to $400 and beyond.

Bitcoin Major Resistance Broken: Short-term Uptrend Confirmation
Bitcoin Major Resistance Broken: Short-term Uptrend Confirmation




Since then, we have rallied past the 340s and $BTCUSD (Bitstamp) is currently trading at yet another new 2015 high of $396. We're currently seeing the bulls and bears battle it out within the 386-396 zone.

Edit: Bitcoin has now broken $400 and is trading at $406.

Bitcoin Major Resistance Broken: Short-term Uptrend Confirmation - Trading at 400+
Bitcoin Major Resistance Broken: Short-term Uptrend Confirmation - Trading at 400+





So what's the cause of this insane bitcoin price rise? There's been positive news about bitcoin going on for a few months now, mostly revolving around the "blockchain not bitcoin" idea. Some news include:
  • Banks experimenting with Blockchain
  • Gemini - $240s - Oct 8th
  • Economist cover - $318 - Oct 31st



As I mentioned in my previous blog post: "this marks the beginning of a new uptrend as we head into 2016, with news outlets ready to paint a bullish picture as the market requires new buyers to get into pump mode."

I'm sure there's still plenty of news pieces in store, ready to be unleashed at appropriate times over mass media channels in the next months to attract new money into the bitcoin economy.

Looking forward to next week's weekly candle and seeing this Triple EMA turn green. Everything has been looking good since re-entering bitcoin in August and with the crazy price action since breaking out of $240.

Will have my sight set on $600+ if 420/450/480 levels are blown through. 657/670 will be my final targets for this run and I may be looking for a short into the 400s before loading up again. Trade safe, and may the power of the #crystalball be with us.

Bullish Bitcoin: Weekly Triple-EMA Turning Green - First Time Since August 2014
Bullish Bitcoin: Weekly Triple-EMA Turning Green - First Time Since August 2014


I think we're gonna see the 2015 high broken a few more times, so remember, the trend is your friend. Get yourself in a favourable position during the bitcoin rally, and leverage this opportunity on OKCoin, BitMEX, or Bitfinex for margin trading up to 100x.



On a separate note, the S&P 500 ($SPX) looks almost ready for a short entry. I've been eyeing this one for a while now.

S&P 500 Index ($SPX) Daily Chart - Looking for a short position
S&P 500 Index ($SPX) Daily Chart - Looking for a short position

S&P 500 Index ($SPX) Weekly Chart - Support & Resistance Triple EMA
S&P 500 Index ($SPX) Weekly Chart - Support & Resistance Triple EMA

Watching the Triple EMA on the weekly closely.

Capitalize on this with Bit4x, 1Broker, and SimpleFX, and trade in global capital markets stocks indices forex using bitcoins.


References:


Previous Blog Post: Uptrend Established Bullish Horizon for #Bitcoin: 2016 The "Pre-Halving" Pump (and Dump). $BTCUSD



Share your thoughts and questions in the comments section below, or send me a direct email by filling out the form at the bottom of the page.

Uptrend Established Bullish Horizon for #Bitcoin: 2016 The "Pre-Halving" Pump (and Dump). $BTCUSD

bit4x - Hello friend Grow Your Bitcoin, Get Free BTC, In the article you read this time with the title bit4x, we have prepared well for this article you read and take of information therein. hopefully fill posts Artikel 1broker, Artikel accumulation, Artikel bit4x, Artikel Bitcoin, Artikel bitcoins, Artikel bitfinex, Artikel bitmex, Artikel bitstamp, Artikel BTC, Artikel btcusd, Artikel bull, Artikel bullish, Artikel chart, Artikel crash cycle, Artikel dump, Artikel gemini, Artikel market cycle, Artikel pump, Artikel trading, Artikel uptrend, we write this you can understand. Well, happy reading.

Title : Uptrend Established Bullish Horizon for #Bitcoin: 2016 The "Pre-Halving" Pump (and Dump). $BTCUSD
link : Uptrend Established Bullish Horizon for #Bitcoin: 2016 The "Pre-Halving" Pump (and Dump). $BTCUSD

see also


bit4x

Bitcoin 2015 Outlook - Pretext for the Pre-halving Pump


2015 bitcoin crash cycle last leg down accumulation
2015 Bitcoin Crash Cycle - Last Leg Down & Accumulation

Bitcoin made a low on 14th January 2015, and has broken its 18 month downward trendline around June/July 2015. This marks the beginning of a new uptrend as we head into 2016, with news outlets ready to paint a bullish picture as the market requires new buyers to get into pump mode.



2015 Bitcoin September Fibonacci Fan & Trendlines
2015 Bitcoin September Fibonacci Fan & Trendlines


$BTCUSD began rallying up since breaking out of the 240-243 range on 6th October 2015, accompanied by a sustained large surge in volume since the last recent low of 25th August 2015.





Accumulation has picked up pace since August 2015 and it looks like we're heading to retest $300 for the 4th time since the 2015 Low (Related: TradingView - 3rd time's the charm, right?).


2015 2014 bitcoin crash cycle outlook pump dump accumulation
2014-2015 Bitcoin Crash Cycle - Pump, Dump, Accumulation


$BTCUSD currently trading at $270/273. On Oct 6 it traded between $240 and $243 for less than a day before breaking up with good volume. If this breaks 300/318 convincingly, we could see a run up to 400-450. 300 is a key level of resistance which will in future act as strong support if we trade above $300. See the chart in greater detail on my tradingview post here.

On the downside, if we head to break $200 and retest $160, bullish scenario may be invalidated or delayed. 



Crash Cycle Comparison - An Uncanny Resemblance


Bitcoin $BTCUSD Crash Cycle Comparison - 2013 April aka Cyprus
Bitcoin $BTCUSD Crash Cycle Comparison - 2013 April aka Cyprus
2013 July Last Low
2013 July+ Accumulation

Bitcoin $BTCUSD Crash Cycle Comparison - 2013 Last Dump before the $1200 Pump
Bitcoin $BTCUSD Crash Cycle Comparison - 2013 Last Dump before the $1200 Pump

2013 October Last Dump before the Pump

Bitcoin $BTCUSD Crash Cycle Comparison - 2015 Last Low before the Pre-Halving Pump
Bitcoin $BTCUSD Crash Cycle Comparison - 2015 Last Low before the Pre-Halving Pump

2015 Jan Last Low
2015+ Accumulation



2013 vs 2015 Bitcoin Crash Cycle Comparison Launchpad
2013 vs 2015 Bitcoin Crash Cycle Comparison - Launchpad



Who knows what 2016 could bring? Not too sure, but I'm sure people will call it the "pre-halving" pump (and dump) anyway. What do you think? Are we ready for what's coming?

I'd love to hear what you think, so share your thoughts or questions in the comments section below!

For more questions such as how to buy bitcoin or what's the best exchange to use, send me a direct email by using the contact form at the bottom of this page.



References

Bitcoin 2015 Outlook - Pretext for the Pre-halving Pump


2015 bitcoin crash cycle last leg down accumulation
2015 Bitcoin Crash Cycle - Last Leg Down & Accumulation

Bitcoin made a low on 14th January 2015, and has broken its 18 month downward trendline around June/July 2015. This marks the beginning of a new uptrend as we head into 2016, with news outlets ready to paint a bullish picture as the market requires new buyers to get into pump mode.



2015 Bitcoin September Fibonacci Fan & Trendlines
2015 Bitcoin September Fibonacci Fan & Trendlines


$BTCUSD began rallying up since breaking out of the 240-243 range on 6th October 2015, accompanied by a sustained large surge in volume since the last recent low of 25th August 2015.





Accumulation has picked up pace since August 2015 and it looks like we're heading to retest $300 for the 4th time since the 2015 Low (Related: TradingView - 3rd time's the charm, right?).


2015 2014 bitcoin crash cycle outlook pump dump accumulation
2014-2015 Bitcoin Crash Cycle - Pump, Dump, Accumulation


$BTCUSD currently trading at $270/273. On Oct 6 it traded between $240 and $243 for less than a day before breaking up with good volume. If this breaks 300/318 convincingly, we could see a run up to 400-450. 300 is a key level of resistance which will in future act as strong support if we trade above $300. See the chart in greater detail on my tradingview post here.

On the downside, if we head to break $200 and retest $160, bullish scenario may be invalidated or delayed. 



Crash Cycle Comparison - An Uncanny Resemblance


Bitcoin $BTCUSD Crash Cycle Comparison - 2013 April aka Cyprus
Bitcoin $BTCUSD Crash Cycle Comparison - 2013 April aka Cyprus
2013 July Last Low
2013 July+ Accumulation

Bitcoin $BTCUSD Crash Cycle Comparison - 2013 Last Dump before the $1200 Pump
Bitcoin $BTCUSD Crash Cycle Comparison - 2013 Last Dump before the $1200 Pump

2013 October Last Dump before the Pump

Bitcoin $BTCUSD Crash Cycle Comparison - 2015 Last Low before the Pre-Halving Pump
Bitcoin $BTCUSD Crash Cycle Comparison - 2015 Last Low before the Pre-Halving Pump

2015 Jan Last Low
2015+ Accumulation



2013 vs 2015 Bitcoin Crash Cycle Comparison Launchpad
2013 vs 2015 Bitcoin Crash Cycle Comparison - Launchpad



Who knows what 2016 could bring? Not too sure, but I'm sure people will call it the "pre-halving" pump (and dump) anyway. What do you think? Are we ready for what's coming?

I'd love to hear what you think, so share your thoughts or questions in the comments section below!

For more questions such as how to buy bitcoin or what's the best exchange to use, send me a direct email by using the contact form at the bottom of this page.



References