Topic: Nights Watch by Afrikoin - page 188. (Read 303310 times)
Interesting interview
V good listen Podcast
Jon Matonis - The Godfather of digital currency
“Bitcoin has become the strongest computer in the world, stronger than the top 500 supercomputers combined” - so says Jon Matonis, one of the godfathers of digital cash."
https://soundcloud.com/virginpodcast/virgin-podcast-jon-matonis-mix
Bitcoin is up over the last: 1h, 3h, 12h, 24h, 3d, 7d, 30d, 6m and 2y
Central bank cavalry can no longer save the world - reuters
http://www.reuters.com/article/2015/10/10/us-imf-cenbank-idUSKCN0S40VE20151010
http://www.reuters.com/article/2015/10/10/us-imf-cenbank-idUSKCN0S40VE20151010
Blockstream to Launch First Sidechain for Bitcoin Exchanges
http://www.coindesk.com/blockstream-commercial-sidechain-bitcoin-exchanges/
http://www.coindesk.com/blockstream-commercial-sidechain-bitcoin-exchanges/
Bitcoin. A more bearish stance here. Looking to a low of $50.00
by My friend Matthew
by My friend Matthew
Bitcoin Prediction: June 2016 will begin the next big bubble. Massive profits await bitcoiners.
Contrarian dude
https://www.youtube.com/watch?v=9_IkOf8IFBQ&feature=youtu.be
Contrarian dude
https://www.youtube.com/watch?v=9_IkOf8IFBQ&feature=youtu.be
/u/Ozone63 on reddit
Could shape up to be a double top..... Price didn't get high enough ($250+) to suggest trend continuation.
If price dips below $243 BFX we'll have confirmation of the double top, and may have a trend reversal on our hands.
Could shape up to be a double top..... Price didn't get high enough ($250+) to suggest trend continuation.
If price dips below $243 BFX we'll have confirmation of the double top, and may have a trend reversal on our hands.
[img]http://i.imgur.com/dwZ4Dwk.png?1img]
Global LBC chart bro ?
Kabisa!
BTC growing pole pole. good to see bottom up growth
There's quite a bit going on in this chart but essentially what I'm looking at is similar price behaviour as we've seen before. On March 3rd we peaked out at 297.95 came down to 210 then we moved up to 246.57 then down to the low 220's before heading higher and pulling back to the 50% retracement level and making a move towards 300+.
The striking similarity in price action is that all the key levels marked 1-4 have basically been respected. Essentially what I'm looking for now is where price stalls number 4 far right and begins to retrace so I can plot the fib tool looking for that 50% to see if it will indeed respect that level for a potential move higher.
The current 50% circled on the right shouldn't be taken seriously because I still do not know where price will ultimately retrace but I'm assuming it could reach a similar level as we saw at number 4 on the left of the chart close to 248/249.
Just some thoughts here
Yes, bulls can still stab their way to incremental heights, but at this point, we are talking about shedding more blood for less inch of terrain gained, whereby the risks are starting to outweigh the benefits, in terms of probability.
In terms of wave count, it would take a clear motive wave, followed by a correction with a higher-low, and a break above that new impulse to confirm a reversal - This too is missing in the overall (daily/weekly) picture. All we are dealing with is a correction upon a correction, all of which belongs to larger bearish impulse. So, what exactly follows a rallying correction in the midst of a large impulse move? ... You got it ... A completion of the bearish impulse ... It is this 5th wave which I would be waiting for.
Dancing around daily 200 sma, which is almost horizontal. I will not be surprised if move around will continue after break up instead of shooting up/down.
Jump to: