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Topic: Something BIG will happen to Bitcoin this week ... or next - page 2. (Read 3432 times)

legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
The market is always 50 50
Hard to predict something when you don't have perfect information that said I will say up since I am more or less attuned to that bull mode at this time and I've been waiting for the rise of the Bitcoin price long enough ha-ha.
(Really its only been months thinking about it but it feels much longer)
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
Basically its in a wedge. Last time it was in a triangle it broke out and almost hit $700 about 2 months ago.

It will either break up or break down sometime this week or next....


See chart below



My new play is half hold and half short bids as a hedge (some at resistance points and some goofy bids to catch a .0001% chance of a flash crash). I figure if it goes up, I win. If it goes down to a resistance point then I got those coins cheap and I'll probably win on the bounce back. If there is a monumental crash on an exchange I hit the jackpot. If it does something somewhere in between, I could lose a tad.

Triangle breakouts usually occur ~60-70% through its formation...also your trendlines could use some work. Worst case for you is if you get whipsawed for the next week or so. But I do hope your trade goes well  Smiley

I haven't entered the trade yet. Right now its 50/50 whichever way it goes.

Too bad we dont have bitcoin options.

50 - 50 is the best chance but seem like more and more are speculating that this will occur in August.

Dont know why but seem that more and more are concern about DELL implementing btc ass pay rate. They seem to expect that other big companies will involved and price to jump up.
legendary
Activity: 3808
Merit: 1723
Basically its in a wedge. Last time it was in a triangle it broke out and almost hit $700 about 2 months ago.

It will either break up or break down sometime this week or next....


See chart below



My new play is half hold and half short bids as a hedge (some at resistance points and some goofy bids to catch a .0001% chance of a flash crash). I figure if it goes up, I win. If it goes down to a resistance point then I got those coins cheap and I'll probably win on the bounce back. If there is a monumental crash on an exchange I hit the jackpot. If it does something somewhere in between, I could lose a tad.

Triangle breakouts usually occur ~60-70% through its formation...also your trendlines could use some work. Worst case for you is if you get whipsawed for the next week or so. But I do hope your trade goes well  Smiley

I haven't entered the trade yet. Right now its 50/50 whichever way it goes.

Too bad we dont have bitcoin options.
member
Activity: 65
Merit: 10
Basically its in a wedge. Last time it was in a triangle it broke out and almost hit $700 about 2 months ago.

It will either break up or break down sometime this week or next....


See chart below



My new play is half hold and half short bids as a hedge (some at resistance points and some goofy bids to catch a .0001% chance of a flash crash). I figure if it goes up, I win. If it goes down to a resistance point then I got those coins cheap and I'll probably win on the bounce back. If there is a monumental crash on an exchange I hit the jackpot. If it does something somewhere in between, I could lose a tad.

Triangle breakouts usually occur ~60-70% through its formation...also your trendlines could use some work. Worst case for you is if you get whipsawed for the next week or so. But I do hope your trade goes well  Smiley
full member
Activity: 238
Merit: 100
Basically its in a wedge. Last time it was in a triangle it broke out and almost hit $700 about 2 months ago.

It will either break up or break down sometime this week or next....


See chart below



My new play is half hold and half short bids as a hedge (some at resistance points and some goofy bids to catch a .0001% chance of a flash crash). I figure if it goes up, I win. If it goes down to a resistance point then I got those coins cheap and I'll probably win on the bounce back. If there is a monumental crash on an exchange I hit the jackpot. If it does something somewhere in between, I could lose a tad.
legendary
Activity: 3808
Merit: 1723
Basically its in a wedge. Last time it was in a triangle it broke out and almost hit $700 about 2 months ago.

It will either break up or break down sometime this week or next....


See chart below

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