Closing half of longs. Bubble indicator says rally out of fuel (however could continue for some time).
So more sideways in your opinion Luc?
Topic: Analysis - page 141. (Read 941567 times)
So more sideways in your opinion Luc?
Closing half of longs. Bubble indicator says rally out of fuel (however could continue for some time).
On bitfinex someone opened ~7k in shorts (see -> https://bfxdata.com/swaphistory/btc) between 17:30 & 18:30 (UTC+1). This could very well fuel a breakout. Furthermore, it's kind of a risky strategy since the market is, although overbought, pretty resilient in my opinion.
Closing half of longs. Bubble indicator says rally out of fuel (however could continue for some time).
2nd attempt. Above weekly bb. Need to ensure it will stay there.
How long for? Until week close, I assume? This is normally Sunday night?
Correct.
2nd attempt. Above weekly bb. Need to ensure it will stay there.
How long for? Until week close, I assume? This is normally Sunday night?
2nd attempt. Above weekly bb. Need to ensure it will stay there.
I am dedicated to bitcoin. Bitcoin changed my life. No other assets.
Moi aussi.-Posted from Argentina
I am dedicated to bitcoin. Bitcoin changed my life. No other assets.
Amen
I am dedicated to bitcoin. Bitcoin changed my life. No other assets.
Moi aussi. 
I am dedicated to bitcoin. Bitcoin changed my life. No other assets.
that´s the spirit!
I am dedicated to bitcoin. Bitcoin changed my life. No other assets.
But I am not sure, will it be only start of everything or it will crash for another months of consolidation.
It's been in this range all year. Your silence phase was a good call but im thinking we should see a move soon, probably a breakout higher. Probably some consolidation at the top of the range first, until maybe year end and then the big bubble starts.
Thanks so much Luc, for all you share with us. This thread is the best in speculation BCT has to offer by a landslide! I have been reading every single post (actually started wirh your old one) since early 2013. I haven't always listened, but the times I did where good for me.
Would you be willing to do a paid analysis on a different asset than bitcoin? I know your stance on altcoins (shitcoins which people solely trade to gain bitcoins), but a chart is a chart and I know your trackrecord. Is this something that can be discussed?
Would you be willing to do a paid analysis on a different asset than bitcoin? I know your stance on altcoins (shitcoins which people solely trade to gain bitcoins), but a chart is a chart and I know your trackrecord. Is this something that can be discussed?
At least 320 or even more.
It is only guessing, don't use it as trade advice! We are in horizontal channel, approaching to it's top!
It is only guessing, don't use it as trade advice! We are in horizontal channel, approaching to it's top!
My guess: crash a little short of $300.
Reading the picture, I expect here a nice shot up. Price started to draw parabolic curve, but it not looks like completed parabolic move yet. Good shot up expected.
But I am not sure, will it be only start of everything or it will crash for another months of consolidation.
But I am not sure, will it be only start of everything or it will crash for another months of consolidation.
Can someone please translate MasterLucs latest post for the layman ?
Daily charts going up so fast it looks like a bubble already, weekly still looks possibly sustainable. If the price breaches weekly Bollinger Band and stays there, we're headed for a bubble, with the expected spiky top and steep crash down again. In which case luc here feels he can profit from selling (possibly shorting) at the top
that was my read of it at least.
Thanks.
hahahaa YES
Can someone please translate MasterLucs latest post for the layman ?
Daily charts going up so fast it looks like a bubble already, weekly still looks possibly sustainable. If the price breaches weekly Bollinger Band and stays there, we're headed for a bubble, with the expected spiky top and steep crash down again. In which case luc here feels he can profit from selling (possibly shorting) at the top
that was my read of it at least.
+1
Can someone please translate MasterLucs latest post for the layman ?
Daily charts going up so fast it looks like a bubble already, weekly still looks possibly sustainable. If the price breaches weekly Bollinger Band and stays there, we're headed for a bubble, with the expected spiky top and steep crash down again. In which case luc here feels he can profit from selling (possibly shorting) at the top
that was my read of it at least.
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