Bitcoin follow Wyckoff logic, determine your position for ALT

NathanJB

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Quote from: tabas on October 15, 2019, 02:40:59 AM

Base on that chart, we're going down soon? I'm not very good on charts but I've seen a lot of charts that tell the same but failed to show results. I'm already in both positions for bitcoin and altcoins so I don't have any problem with what will be the next scenario of the market.
If bitcoin starts falling, what's next? start buying. That's the next thing to do and it's the opportunity again that it brings to everyone.

Can we even fall more? We are already falling hard. I guess the HODLers at this particular point can expect worse days ahead. Those HODLers who are emotional have already sold their coins. I have enough of this price falling but if it is what is going to happen ahead, so be it. Let the prices fall and I will try to gather the last penny that I have that I may able to buy more. But then again, charts analysis is not 100% accurate.

asriloni

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Quote from: cribusen on October 15, 2019, 08:47:00 AM

Quote from: crossabdd on October 15, 2019, 02:25:55 AM

Will bitcoin fall again, check this. https://mobile.twitter.com/Moe_mentum_/status/1183155495890239490 so determine your position for altcoin guys.

I would not even wonder if BTC would fall again, because I do not see any obvious reasons why the whole market in general should raise? Libra is struggling, Bakkt has failed, ETH 2.0 is still uncertain. In my opinion it is very likely to fall again.

Ethereum and libra do not correlate with the price of bitcoin. In general, the pressure that has already made by BAKKT has already ended.
Just try to see the crypto news sites. Those sites have already filled with so many news about the regulation pressure from the regulators to the crypto. Bitcoin is about to falling again.
There is no upcoming rumour that can create FOMO to the bitcoin traders.
Even TON has already halted by SEC.
So many problems in the crypto space right now need to be solved.

Whatever people say about bitcoin I'm still bullish even that chart makes sense for me.

CjMapope

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Quote from: crossabdd on October 15, 2019, 02:25:55 AM

Will bitcoin fall again, check this. https://mobile.twitter.com/Moe_mentum_/status/1183155495890239490 so determine your position for altcoin guys.

Crypto twitter is so silly, these people are prob just noobs in the actual crypto communities Tongue

they are like broken clocks, right twice a year, then they think they are GURUs
I find it so silly honestly
heres the only TA for BTC: it goes up, long

BigBoy89

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Quote from: crossabdd on October 15, 2019, 02:25:55 AM

Will bitcoin fall again, check this. https://mobile.twitter.com/Moe_mentum_/status/1183155495890239490 so determine your position for altcoin guys.

I don't believe in charts (as long as they are for crypto). Charts are made for completely different markets like FX and Stocks. Markets are driven by completely different than Bitcoin powers.

Even if Bitcoin lost a Fiat value, alts are surging on BTC value.

ansi

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Wyckoff i one of the best analsyis for sure. That schart is pretty amazing &the whole atmosphere now ten to be bearish unless something unusual happens (again).

BTC made a decent run last couple months & need to settle own a litle bit before starting the next bull run wave, that' s how the rice & market performs.

My humble prediction is that the next bul wave will start closely before the next BTC halving date which is in like 6 more months from now.

People need to learn to be patient, what happened in late 2017 & beginning of 2018 won't happen with the same speed. so always make your stop loss ready & invest only what you can afford to loose.

cribusen

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Quote from: crossabdd on October 15, 2019, 02:25:55 AM

Will bitcoin fall again, check this. https://mobile.twitter.com/Moe_mentum_/status/1183155495890239490 so determine your position for altcoin guys.

I would not even wonder if BTC would fall again, because I do not see any obvious reasons why the whole market in general should raise? Libra is struggling, Bakkt has failed, ETH 2.0 is still uncertain. In my opinion it is very likely to fall again.

zeze18

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Quote from: crossabdd on October 15, 2019, 02:25:55 AM

Will bitcoin fall again, check this. https://mobile.twitter.com/Moe_mentum_/status/1183155495890239490 so determine your position for altcoin guys.

there are many different price prediction from many expert traders.
so for me, bitcoin or other crypto is just need a fundamental analysis, chart analysis is not work often and it just usually work for daytrading.
I keep saving my btc and also buying some alts

andreibi

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Sure, Wyckoff logic may happen to the current Bitcoin price but you really have to wait for the breakdown to happen or else you might get into a bear trap like the chart below.

There are so many other instances that Wyckoff didn't happen.

tabas

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Base on that chart, we're going down soon? I'm not very good on charts but I've seen a lot of charts that tell the same but failed to show results. I'm already in both positions for bitcoin and altcoins so I don't have any problem with what will be the next scenario of the market.
If bitcoin starts falling, what's next? start buying. That's the next thing to do and it's the opportunity again that it brings to everyone.

crossabdd

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Will bitcoin fall again, check this. https://mobile.twitter.com/Moe_mentum_/status/1183155495890239490 so determine your position for altcoin guys.

Topic: Bitcoin follow Wyckoff logic, determine your position for ALT (Read 120 times)