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Yup we are back to 5 digits but watch 10 grand may be tested need to see if support holds.
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Here are the resistance levels to watch on the way up:  |
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Lot 4 - 0.0525 BTC
Lot 5 - 0.0525 BTC
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Lot 4 - 0.0425 BTC
Lot 5 - 0.0425 BTC
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Bullish continuation pattern? I'm very bullish now on Bitcoin, especially if we break above $9,500. I'm so excited   We are in a new bull market but are making new highs on lower volume each time which is a sign we are due for a correction. Could we make $10000 first? Who knows but I would put some low ball bids in to buy between $7200 to $8000 as the low volume indicates this rally is running out of steam.  Does the alleged lowering BTC trade volume as you characterize it from what appears to be a random (or selective) drawing a line at the highest of one of the recent peak bars really tell us much of anything regarding what is happening or will happen? Does not appear to. There is another theory which involves describing a bit of BTC price consolidation that is currently going on that will help to prepare for a more sustainable spring into $10k and beyond. Surely, BTC's price might not get above $10k on the first attempt, but it would have made less sense to have gone straight up from $4,200 on April 1 to beyond $10k (or even to get close to $10k) without a variety of meaningful attempts at price consolidation along the way, which also serves the purpose of allowing buy support to catch up with the actual price and to be able to sustain more solid pumps, when they next occur - which is also going to need some support and fuel in order to sustainably get above $10k if such getting above $10k has any realistic chance of actually happening. Far from a given that supra $10k is going to happen this time around, but still seems to be a decently plausible scenario that may well have better odds than experiencing any meaningful downward price correction from here.. as you seem to be implying from your post to be a more plausible/current scenario. If price and volume are moving in the same direction, the trend of the commodity price will usually continue. If they are running counter to each other as my chart showed that is a warning of an impending pullback in price. We are in a bitcoin bull market so shorting is reserved for experts who know how to scalp, all others should go long when price drops. |
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Bullish continuation pattern? I'm very bullish now on Bitcoin, especially if we break above $9,500. I'm so excited We are in a new bull market but are making new highs on lower volume each time which is a sign we are due for a correction. Could we make $10000 first? Who knows but I would put some low ball bids in to buy between $7200 to $8000 as the low volume indicates this rally is running out of steam. |
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Hey guys, um BTC about to shoot up like a mofo  Price stalled almost exactly at the Fibonacci 38.2% retrace level of $9442. If it can break though next resistance is psychological at $10K. Low volume is troubling, suggests a pullback first.  |
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Best not to feed the trolls by quoting or responding to them that is why there is an ignore button.
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For those of you barking a week ago that RSI was overcooked - it has come back down again and nothing has happened. RSI is useless imho.
Three day RSI can be useful. Over 90-92 is a strong signal to take profits. It would have gotten you out close to the December 2017 top or at the least warned you to sell on the dead cat bounce a month later. 3D RSI has not been over 90 since then.  |
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I see lots of interesting forecasts but no one has posted Fibonacci extensions yet. Here is a chart of the extensions showing likely price levels when the last all time high is taken out:  During the last bull market price actually passed the 17.944 extension which this time is off the chart and would be $300,000. So next time someone asks you how high bitcoin price could go if the ATH is taken out you can say Fibonacci says $300K based on the last bull market. |
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The Tangem cards in the trial kit actually look better in person than photos, very high tech and well made. They also function flawlessly with the Android app.
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So it's been a few days now and it seems like no-one's interested?   What is it that's preventing you from bidding? - Is it the price?
- Is it that you're worried about authenticity?
- Is it that you don't trust me yet?
- Is it that I've taken crappy photos that don't do it justice?
- Already got plenty of 2011 Casascius coins and don't need any more?
I'm open to feedback! Probably a combination of factors. Your first auction. Many collectors are wary of international shipping on a higher value coin. There have already been Casascius 2011 1 BTC Series 1 sold lately that were already graded and there are still graded ones for sale. I think your location and lack of grading are the main problems. GLWS! |
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I think it is just a problem with the image file format: the forum wants to see .jpg or .png images. Use the BBCode option then just copy and paste. That will give the image address a .png extension. I just resized your image, saved as a .jpg then hosted on my own server. GLWS!
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When we advanced past $8600 today the weekly point and figure chart gave a buy signal, one more confirmation we are in a bull market, not a bull trap in a bear market as some still believe. This is using the most conservative settings on my PnF charts: more aggressive settings would have signaled a long entry much earlier. It is BTFD time or get left behind.
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I have had some great vegetarian Indian dishes ... no way Indian is vegan though ... but so delicious I could learn to live without meat with great Indian takeaway nearby.
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#1
.77 BTC
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