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The miners create 1800 bitcoin/ day, which means, with simple supply and demand, bitcoin will need ~$23.4 million of new investment/day just to buy the new bitcoin that is being created (not to mention holders selling new highs) to maintain that price. I use LOGIC and NUMBERS to figure out my trading and holding strategies. I share this data with my clients on my site, please give it a look. It could have saved a lot of people money in this fervor. https://www.amsinger.org/sample-analysisI will keep updating this topic as the crash continues or if I get interesting comments. I really just want to help people save money and avoid the pain I felt in Nov 2018 when I was cleaned out for basically no reason. What doesn't kill you makes you stronger, Aaron It's not a crash, rather a correction (a big one though). A medium term crash should come later after further gains. 13800 level should be crossed in near future. |
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Better to sell now around 12700
Dear investors, Those who followed my advice and bought around 10800 and sold around $12700 are in massive profit right now. As I had predicted: 1) Bitcoin smashed upwards throughout $12000. 2) Bitcoin went up by more than $2000, so rally has been HUGE After reaching $12900+, Bitcoin went down to 12200 Level. None of my posts were edited and you can verify that how accurate ALL of my predictions have been. I am ending my free investment advice with this post. All I will tell you right now is that Bitcoin has further upside in this ongoing rally. If you are investing more than 200 bitcoins then contact me over PM for in-depth price predictions that will enable you to make HUGE profits. Please note that I can only provide advice and predictions and won't manage anyone's account or touch anyone's investment in any way. |
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Better to sell now around 12700
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Dear Investors,
During last 12 hours, Bitcoin hit a yearly high around $11250 (needless to mention that those who bought yesterday on my advice around $10760 were in profit of $500/Bitcoin) and then it came down to $10580 area for a brief period of time.
This brief dip is another BUY opportunity.
My Analytics are telling me that this upcoming upward rally is going to be HUGE. So, in case you have any sell orders at $12000, you can remove them safely.
According to my analytics, Bitcoin is going to smash upwards through the $12000 level.
(Current price is around $10800)
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Dear Investors,
The Bitcoin went all the way up to $11000+ and then fell back to $10260 area in last 24 hours. Right now it's trading in neighborhood of $10760.
According to my thorough calculations, this is NOT the time to sell. Buy NOW and hold while the price is still low. Those of you who follow this advice will be happy investors within next 24 to 48 hours. However, do SELL between $12000 to $15500 (depending upon your risk appetite / risk tolerance).
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As I had predicted earlier in this thread, the Bitcoin price has now jumped more than 8% above the $9190 level to around $9900 at this time. I am humbled to say that anither price prediction of nine has been proven 100% correct. Any Hedge fund managers, high net worth investors and investment institutions are welcomed to contact me through personal message in this forum if they would like benefit from my proprietry analytical methodologies to find out the ceiling price of this ongoing rally and the subsequent bottom of the upcoming crash, which will proceed once the ceiling of current rally is reached.
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Dear Investors,
As you can clearly observe, it's been less than 24 hours and the upsurge has already begun as current price is now around $9403, as I had forecasted yesterday in my last post.
Those of you who had bought Bitcoin on my advice yesterday between $9000 to $9200 level are already on profit. Keep your seat-belts fastened for more profits!
Please note that I use a very complex combination of technical and fundamental analysis and analytical methodologies to predict future Bitcoin price moves with such high accuracy. It has taken me many years to discover and master these techniques and I have been using these since 2018. Those of you who would like to be notified about my accurate future Bitcoin price predictions, please send me a personal message here in the forum and I can include you on my FREE Bitcoin price prediction notifications list. Please note that I can only include a limited number of investors on my list at this time.
For clarity: I am using Bitfinex BTC/USD as reference price in this thread, but prices at other major exchanges are also close to that of Bitfinex.
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Libra is indeed centralized whereas Bitcoin is decentralized. This is a big difference, of course. But for folks who are into Bitcoin (and other cryptocurrencies) for making money off the massive price increases, this is not that important. Most of them will care about only the price appreciation and Libra cannot offer that. There are so many ither differences as mentioned in the CNBC article.
For me, both differences are important, but I will not like to HODL Libra!!! Lol.
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A correction was two years ago, from $20k to $3k. The correction will happen again when bitcoin goes over $100k and drop back to $30k. Everything before or after is just normal fluctuation in crypto market. Price change direction all the time, but people still act surprised when the price goes in eaither way. I don`t bother with that anymore, same like I don`t bother with newbies and so-called experts sharing their predictions, make your plan and don`t let anyone deconcentrate you.
Just get rid of those kind of so-called experts into this market because it has nothing to do with your own trading analysis but rather a be a distraction. No one on this market do have that kind of precise predictions and I agree on the fact that price correction is an inevitable for this kind of speculative market. Yes, sure. If any if my predictions are proven wrong then no one should follow my trading advice ever. But what if I am right? Wouldn't it be a sheer bias not to accept my expertise then? I am NOT insisting anyone to follow my trading advice. It's everyone's own freedom of choice and financial decision. My advice is only for those who are interested in my advice and would note down my predictions now and then counter-verify those in next 2 weeks to see if I was right or wrong. It's as simple as that. I will lock this topic untill people are able to verify the correctness and authenticity of my Bitcoin price predictions. You see, it's just a matter of time. For simplicity and ease of everyone who is taking my advice seriously, here are my predictions for the Bitcoin price till the end of next week:
1) Bitcoin price right now is $9190. Right now is the time to buy Bitcoin for the short term. I have myself bought back around $9095 for this upcoming short-term rally. The price is going to rise up from here by at least 8% to 20%.This should happen in next 24 to 96 hours.
2) After this upsurge, bitcoin will move into a downward trend which will be spread over several days to come and will be significantly larger than 20% (downward correction).
This is the outcome of my thorough technical and fundamental analysis.
Please note that uptill now, not a single prediction of mine in this forum has been proven wrong, rather 1 prediction has been proven correct as follows:
When price suddenly dropped from 9450 to 9050, I told my fellow investors in this same thread above that there is nothing to panic about even if price drops below 9000, because price will recover and that it was just a dip. I have been proven correct, as you can see, price did go all the way down to 8930 level and then recovered. It was just a dip, not a big correction. Now please wait for my other two predictions to be proven correct, before giving any judgment about my analytical techniques. I know that even after I am proven right on my other two predictions mentioned above, some people will probably still say that it had happened by chance (a fluke). I have nothing against them. Thank you for reading my posts. Those who are buying and holding right now between 9000 to 9200 are going to get very happy in coming days!!! |
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Here's a detailed article on this topic by CNBC:
cnbc .com/2019/06/18/the-difference-between-bitcoin-and-facebooks-libra.html
In my view, the biggest difference between Facebook's Libra and the Bitcoin is that while Libra is a Stablecoin, Bitcoin is not!
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Dear investors,
As mentioned earlier, please don't panic due to the recent dip in price from $9450 to 9050 as it's just a dip, rather it's a SHORT TERM BUY opportunity. Price has already recovered a bit from 9050 to around 9180 at the time of writing. It will go even higher. The upsurge is about to begin.
After the upsurge, the downtrend (which was mentioned in my original first post above) will start.
This is my opinion and everyone has the right to agree or disagree with it without being rude.
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Dear investors,
I have been analyzing bitcoin price during past five and a half years and I can spot patterns and price trends (both upward and downward trends), before they start, with much accuracy. I used to own more than 50 Bitcoins at one time.
I can tell you with full confidence that bitcoin (and other major cryptocurrencies) will be some of the best-performing assets in the world for some years to come.
Now I can tell you with full confidence that a medium term price CRASH is coming and this will be spread over several days (possibly weeks) to come!
I have used more than one analytical methodologies that have been proven accurate and correct in past and all of my technicals and fundamentals are screeming very loudly that CURRENT PRICE LEVEL OF $9400+ IS THE MEDIUM TERM TOP OF THE CURRENT RALLY which has been taking the price upwards since December 2018.
I can tell you with full confidence that right now the Bitcoin is in a hugely overbought condition (for the medium term).
My analysis clearly tell me that this upcoming downward trend will most likely start someday during the current week, the week which has started today, on Monday June 17, 2019 or during the next week and this downward trend will be spread over many days (possibly weeks) to come. Before this downtrend begins, there can be some upward price movements which should be taken as opportunities to sell at a higher profit.
So I would advice the investors to sell your cryptocurrency holdings at price jumps during this week, while you can. Do the profit taking now and then wait for the next bottom.
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The good news is that my Analytical techniques will also tell me when the next bottom will be near. So those of you who would like to benefit from my consultancy to find the bottom at that time will be more than welcomed.
Mark this post (and my words) for future reference. The future is not very far!
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@MegaAnalysis if you’re so confident on your analysis how come you haven’t been rich till date, or famous as the man who was always spot on about Bitcoin price analysis everytime he made a prediction?. I don’t mean to be rude but I am not convinced about your analysis, as you have not posted concrete evidence to back it up. Also what is the proof of you holding 50 bitcoins, again you have not shared any images to back up your claim. Thanks for your questions which are very valid indeed. I'll try to answer: 1) I am not famous because I have started making my predictions public just now. I discovered these methods back in 2018 and based on those, I bought near $3250 (actually bought LTC around $26). I can post a screenshot some day. My new profile does not yet have the privilege to post images. 2) one of my bitcoin addresses that used to have 30+ BTC is mentioned in my profile. You can check on the blockchain. I can transact and/or message from that address someday as a proof. I am quite lazy. Sorry. |
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it's amazing---the head and shoulders calls fail and immediately the bears start calling for a double top! too many people are bearish for the price to crash. everyone seems to think they can buy back lower. meanwhile, shorts have skyrocketed since the $7500 bottom. i think people like the OP are getting bear trapped and are gonna end up fomo'ing back in above $10k. I used to own more than 50 Bitcoins at one time.
used to. that's what being too bearish gets ya. how many can you buy now?  Agreed. One should not be too bearish all the time. |
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Mind you, it takes more than a random guess to get all the chain of events right.
Wrong. Any idiot can occasionally be right after a million predictions. Either it goes up and continues going up or it goes up and reverts back down. You have a 50% chance to be right on this if you only believe that it will first go up.   Where did you see my remaining 99999 predictions? Those who understand probability and mathematics will know that mathematical probability of all the chain of events coming true and by the end of next week are far lower than your dumb assessment. Random probability of this happening is not even 0.1%. Any arrogant idiot can post rubbish in a genuine thread and claim to it to be fake without a reasonable argument. I don't have to argue with you any further. Nonetheless, I do profoundly respect those who have been suspecting me based on their educated logic. Afterall, it's a brand new profile and people have every right to suspect it. |
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Dear OP, nice to hear that you have had a lot of accuracy with your readings, but do you mind telling us why you didn't have an account here already? Why did you choose right now to make a grand entrance, after 5 long years with a lot of success? Where is the proof of your 50 BTC? Sign an address and we know you're not taking a dump on us;)
He's a random pajeet that has no idea what he's talking about. If he ends up being correct, it's going to be due to sheer luck like most TA conmen. You sold when you shouldn't have, now you have to cope with reality by creating delusional predictions.
This is the reason why, or he's trying to short right now. Either way, both reasons are dishonest and malicious. You are wrong. I am not just predicting a crash, I am predicting a chain of events as follows: 1)Bitcoin will first surge up, likely in neighborhood of 10000 level. 2) Then a correction of MORE THAN 20% in size will begin. 3) This correction will be spread over several days or even weeks to come. Mind you, it takes more than a random guess to get all the chain of events right. |
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Dear OP, nice to hear that you have had a lot of accuracy with your readings, but do you mind telling us why you didn't have an account here already? Why did you choose right now to make a grand entrance, after 5 long years with a lot of success? Where is the proof of your 50 BTC? Sign an address and we know you're not taking a dump on us;)
Thanks for your questions. Look deeply into my profile and research. You will get answers to many of your questions. |
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I have taken the screenshot, but struggling to attach it to this post can anyone assist me hiw to do that?
You need to at least become a Jr Member to be able to attach screenshots/images to posts. Just try to enclose them inside [img][/img] tag now and it will be posted as links. The images will be displayed after ranking up ( 30 activity & 1 merit); or buy a copper membership to lift your newbie restrictions.
On topic FYI, correction are always expected after a price surge, care to be more specific and detailed? Thanks for information about attaching images in the forum. IMHO, Price will first go up, maybe touch or exceed $10000 (or even 11000) and then the Big correction which will be spread over many days will begin. The current fall of a few hundred dollars from 9450 to 9050 in last 10 hours DOES NOT LOOK LIKE THE BEGINNING OF THE NEXT CORRECTION TO ME. PRICE SHOULD FIRST SURGE-UP AND THEN CORRECTION SHOULD BEGIN. This ongoing dip close to $9000 looks like a short term BUY OPPORTUNITY to me. DON'T PANIC GUYS. IT MAY EVEN DIP BELOW $9000, BUT IT WILL BE JUST A DIP. |
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A correction wouldn't surprise me honestly. it's even something I've considered, ofc, as have others. The question is to know up to what level. If it's a 10% correction no problem, I could accept even two. But if it's a 50% correction, I don't know. After all, two months ago it was $4,000. Anything over 50% I will just be  (I bet the price will go below $9.000 this week).
10-20% Price decrease or corrections are just typical ordinary days of Bitcoin price movement but for 50% then its an another story. Big correction do always lies ahead and no one would know or do have the idea on whats the precise days/months it would happen. If you are on this crypto market then always expect for such thing and always prepare yourself in unexpected things. Exactly, if it turns out to be a 50% then it would be massive, but I don't know it's exact scale. The good news is that this correction will be distributed over several days, so even bulls who don't sell now should be able to exit before it would be too late. |
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I have already heard this kind of prediction before and confirmed it an FUD in the end. No one can predict the future of Bitcoin market as no one can predict the future decisions of every user but if there is really an incoming correction then it will be an opportunity to buy more cheaper Bitcoin.
You are absolutely right. I have had the same experience with other people's predictions turning out to be FUD. However, I know that mine is correct and genuine. We will all know in a short period of time. |
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You just said BTC is going for a correction, but explain yourself
Every person have their predictions, but you have to show your formula and explain, otherwise is just words...
I believe in a correction when BTC hits 10k, but not a big one like you´re saying
That's my proprietry analysis and formulae, therefore sorry, can't reveal that. Only time will prove and it's a short time. I agree that Bitcoin may touch the neighborhood of $10k, before the correction, but I am not sure. So I have already sold my holdings to buy back in future at tge bottom. |
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