the best time to be able to buy bitcoin is now because the current price is very cheap and it is still very safe to be able to buy as much bitcoin as you can, so you should be able to take advantage of the moment to buy bitcoin, before you are late to buy.
Just always buy dip but now do not invest all your money into bitcoin because there still a tendency that the price will go down. I usually buy dip and then I will hold it. Anytime you can buy bitcoin and you will never late in buying bitcoin. 
Topic: The BEST time to buy bitcoin is not there yet,but coming soon, don't miss it ! - page 4. (Read 910 times)
February 06, 2019, 05:00:32 AM
February 06, 2019, 04:53:53 AM
Oh love this. Been months since I saw any speak of golden crosses. Wondering when the quadruple bottom TAs will come.
Best time to buy Bitcoin not here yet, maybe if we believe a fresh low or a series of fresh lows are coming (I believe that). But really, even if BTC becomes $1k, it's a difference of $2.3k.
When Bitcoin hits $5k, 10k and beyond... what's that 2.3k difference going to look like? Especially if it never came and you held out on buying now?
Best time to buy Bitcoin not here yet, maybe if we believe a fresh low or a series of fresh lows are coming (I believe that). But really, even if BTC becomes $1k, it's a difference of $2.3k.
When Bitcoin hits $5k, 10k and beyond... what's that 2.3k difference going to look like? Especially if it never came and you held out on buying now?
February 06, 2019, 04:48:29 AM
the real question is whether you want to take that risk of waiting for a lower price that may not happen or even if it happens you may not be able to catch it.
we all know these types of final sharp drops never last long and unless you take the huge risk of leaving your money on exchanges that can scam you, you won't be able to catch it and that is only if you place the order at the perfect price level days before it happens!
we all know these types of final sharp drops never last long and unless you take the huge risk of leaving your money on exchanges that can scam you, you won't be able to catch it and that is only if you place the order at the perfect price level days before it happens!
February 06, 2019, 01:51:48 AM
the best time to be able to buy bitcoin is now because the current price is very cheap and it is still very safe to be able to buy as much bitcoin as you can, so you should be able to take advantage of the moment to buy bitcoin, before you are late to buy.
February 06, 2019, 01:08:02 AM
looking at your chart solidifies my feeling that we're in a mid term bounce like october 2014. just look at the proportions---the crash from $6k is way too short (time wise) to expect the bottom to be in. we're missing one of two legs down.
as i've said elsewhere, i need to see higher highs and upside range expansion like october 2015 before turning bullish on the market again. that type of action should coincide with a long term golden cross.
as i've said elsewhere, i need to see higher highs and upside range expansion like october 2015 before turning bullish on the market again. that type of action should coincide with a long term golden cross.
February 06, 2019, 12:56:48 AM
as for 2019, the most likely highest price i will be 4k to 5k, very unlikely we are going to see anything above that.
The worst possible thing to hear this year... 💔
BTW, I think that you should post your analysis in Wall Observer BTC/USD thread.
February 05, 2019, 10:21:51 PM
as for 2019, the most likely highest price i will be 4k to 5k, very unlikely we are going to see anything above that.
The worst possible thing to hear this year... 💔
BTW, I think that you should post your analysis in Wall Observer BTC/USD thread.
well when you are prepared for it, it won't be that bad.
February 03, 2019, 05:14:45 PM
as for 2019, the most likely highest price i will be 4k to 5k, very unlikely we are going to see anything above that.
The worst possible thing to hear this year... 💔
BTW, I think that you should post your analysis in Wall Observer BTC/USD thread.
February 03, 2019, 04:36:42 PM
Don't you think there is a lot of similarity in June/July 2016 action and in current action? It seems a lot similar, and June/July of 2016 was the key reversal point. I'm not very aware of the typical charting terms you used, but the current situation looks pretty similar to me if compared with June/July of 2016.
I honestly do not see any similarity to June / July of 2016, those were like a small pull-back/correction of the start of the bull run, and a re-test of the prior major support.
if that is to be applied to this year, price has to break 6k test 7-8k , bounce back to 6k ( as per june/july 2016)
i am almost sure we are way to far from the phase, i think that is more likely to happen in Q1- 2020 at least based on the chart.
as for 2019, the most likely highest price i will be 4k to 5k, very unlikely we are going to see anything above that.
in June/July 2016 , Golden cross has already happened, price was sitting nicely above the 50 and 20 ma ,every thing was screaming bullish, now everything is shouting sideways to bear market.
I am almost certain at least Q1,Q2 and Q3 will be the most boring for years to come, most people will give up on bitcoin by then,only then the rally will start to kick in.
though nothing is 100%, but from a TA point of view ,it suggests whatever i just mentioned.
February 03, 2019, 03:58:58 PM
Don't you think there is a lot of similarity in June/July 2016 action and in current action? It seems a lot similar, and June/July of 2016 was the key reversal point. I'm not very aware of the typical charting terms you used, but the current situation looks pretty similar to me if compared with June/July of 2016.
February 03, 2019, 01:09:08 PM
I have been comparing charts from 2014-2015 to 2018-2019 and i can't think of any more similar market behavior, and based on that , to me ,we still have a long way to go before seeing any considerable gains.
the history view , plus adding to it the concept of the golden cross which is always the best and strongest sign of any market reversal.
Without any further ado let's jump right into the weekly BLX chart.
looking at how price reacted to the 20 and 50 simple moving averages back in 2014-2015 , it's pretty similar to how it reacted to it in 2018 , and the similarity is still showing on the chart, it's like history all over again, and based on that, we still have a long way to go for bull market, I never look at exact periods and prices but if timing is to be the same , then here are the numbers ;
it took 440 days from the dead cross to the mark the golden cross, this puts us somewhere around September 10th 2019.
from a pure technical point of view , it's almost always impossible to make a golden across (shift in market direction) without a quite a good period of long sideways market where price does not move much.
in 2015 it took almost 300 days from the bottom candle to the golden cross, and it only makes sense that the same thing has to happen this year, and even 20 years from now, it's basic , it's simple , it MUST always happen.
therefore based on that, it does not really make sense to buy bitcoin now for long term investment ( for day traders is a different story as sideways market can do up to 100% in btc with no problem).
also the fact that we are not certain whether we have bottomed or not adds more reasons for why do i think it's still too early to buy.
one could argue that the golden cross will happen when price has already increased from bottom, and therefore it's better to buy at the bottom, well this makes a perfect sense in a perfect world, but since we can't know where is the exact bottom, the probability of success is definitely on the golden cross side.
also based on the way these SMA look, it's pretty clear the distance from bottom to golden cross won't be much, as the 20 SMA will have start leveling off , therefore i don't think that anything above 50% increase in price from bottom to golden cross will be possible.
--------------------------------------------------------------------------
TL;DR , when is should i buy? how do i know golden cross is coming,? how do i know bottom is there or almost there?
1- wait for the 20 SMA on the weekly chart to start looking level/flat ( refer to the period before the 2015 golden cross)
2- wait for the 20 SMA to cross the 50 SMA go balls deep with SL right under the 50 SMA
This is probably the safest trade one can ever make.
i would love to hear what you guys think is the best chance on charts for your long term entry?
* this is not a fiinancal advice, trading BTC isFUN risky.
the history view , plus adding to it the concept of the golden cross which is always the best and strongest sign of any market reversal.
Without any further ado let's jump right into the weekly BLX chart.
looking at how price reacted to the 20 and 50 simple moving averages back in 2014-2015 , it's pretty similar to how it reacted to it in 2018 , and the similarity is still showing on the chart, it's like history all over again, and based on that, we still have a long way to go for bull market, I never look at exact periods and prices but if timing is to be the same , then here are the numbers ;
it took 440 days from the dead cross to the mark the golden cross, this puts us somewhere around September 10th 2019.
from a pure technical point of view , it's almost always impossible to make a golden across (shift in market direction) without a quite a good period of long sideways market where price does not move much.
in 2015 it took almost 300 days from the bottom candle to the golden cross, and it only makes sense that the same thing has to happen this year, and even 20 years from now, it's basic , it's simple , it MUST always happen.
therefore based on that, it does not really make sense to buy bitcoin now for long term investment ( for day traders is a different story as sideways market can do up to 100% in btc with no problem).
also the fact that we are not certain whether we have bottomed or not adds more reasons for why do i think it's still too early to buy.
one could argue that the golden cross will happen when price has already increased from bottom, and therefore it's better to buy at the bottom, well this makes a perfect sense in a perfect world, but since we can't know where is the exact bottom, the probability of success is definitely on the golden cross side.
also based on the way these SMA look, it's pretty clear the distance from bottom to golden cross won't be much, as the 20 SMA will have start leveling off , therefore i don't think that anything above 50% increase in price from bottom to golden cross will be possible.
--------------------------------------------------------------------------
TL;DR , when is should i buy? how do i know golden cross is coming,? how do i know bottom is there or almost there?
1- wait for the 20 SMA on the weekly chart to start looking level/flat ( refer to the period before the 2015 golden cross)
2- wait for the 20 SMA to cross the 50 SMA go balls deep with SL right under the 50 SMA
This is probably the safest trade one can ever make.
i would love to hear what you guys think is the best chance on charts for your long term entry?
* this is not a fiinancal advice, trading BTC is
Jump to: