Nights Watch by Afrikoin

[Afrikoin]

[1715194593]

1715194593

[1715194593]

1715194593

[1715194593]

1715194593

[Afrikoin]

NEW POLL at the top of this thread


Will Bitcoin break down to $300 - ever?

Yes - down to $300

No - never


Get voting pplease!

[quake313]

NEW POLL at the top of this thread


Will Bitcoin break down to $300 - ever?

Yes - down to $300

No - never


Get voting pplease!

What you should ask is, if we go to 300 will miners go broke and the whole system collapse? I had a dream it went to 480 though...

[Afrikoin]

Welcome to Bitcoin, everyone. Don't worry, he'll recover.

[Afrikoin]

If the average trend for Bitcoin holds, then it should be hitting ~2000$ in 2018-2019 (ignoring bubbles).


https://www.reddit.com/r/Bitcoin/comments/5ni4bc/if_the_average_trend_for_bitcoin_holds_then_it/

[Afrikoin]

https://betterhumans.coach.me/cognitive-bias-cheat-sheet-55a472476b18#.ptwd0v5n4

[Afrikoin]

What (more) did Bitcoin achieve – coalescence of the community into a GFN

http://www.coinscrum.com/2015/12/14/what-more-did-bitcoin-achieve-coalescence-of-the-community-into-a-gfn/

An under-appreciated but perhaps even more interesting thing that Satoshi Nakamoto achieved is this: Bitcoin has coalesced the financial cryptography community – and many other communities – around a single concept, a single code base, a single money and a single blockchain.

[Afrikoin]

[Afrikoin]

Here is what i think is happening now

 think $750 was the $780 support holding through a long wick. And we have been gradually clawing back to $900. $835 -$840 is cruciaal too

The ongoing low to $810 possibly $800 is a quest to find a higher higher ie  $751, $774, $800? then perhaps a long candle pop past $835

Its why i am still in a position on bit-sim trader. I got in at $785, with a sell limit at $835 , But the consequent $751 lower later almost spooked me, but i held on.  This was a classic double bottom. It is a very important emotional feel to go through to learn how to hold through it in another trade/setting.



*Ramblings*

[Afrikoin]

Where we at today on the weekly (i believe)

Like finex never happened

Like PBOC never happened

First target $900

re-evaluate at $900

Think it could go higher than $900

[rjclarke2000]

Where we at today on the weekly (i believe)

Like finex never happened

Like PBOC never happened

First target $900

re-evaluate at $900

Think it could go higher than $900

This is interesting and makes sense. Basically back to where we should be before the excitement and dump. Business as usual.

[molecular]

Like finex never happened

Like PBOC never happened

That makes a lot of sense, indeed.

So we should continue the already-strong uptrend from before (after the market has fully digested the turmoil)

[sandiman]

Like finex never happened

Like PBOC never happened

That makes a lot of sense, indeed.

So we should continue the already-strong uptrend from before (after the market has fully digested the turmoil)

Important to note that you can draw that from every major resistance turned support since BTC turned bullish again in 2015. that's just BTC confirming its uptrend again and again.

[St.Stephan]

Wildcard would seem to be the possible unwinding of Chinese margin longs. I have read some pretty good analyses that call for as low as 650 based on comparison of BitMex margin longs (known) compared to Chinese margin longs (speculative).

[notme]

Wildcard would seem to be the possible unwinding of Chinese margin longs. I have read some pretty good analyses that call for as low as 650 based on comparison of BitMex margin longs (known) compared to Chinese margin longs (speculative).

How can "good analyses" on "speculative" numbers be of any use?

[St.Stephan]

Wildcard would seem to be the possible unwinding of Chinese margin longs. I have read some pretty good analyses that call for as low as 650 based on comparison of BitMex margin longs (known) compared to Chinese margin longs (speculative).

How can "good analyses" on "speculative" numbers be of any use?

One projects from the known data one has. When it is written by the owner of Bitmex it is not a starting point to be shrugged off.

[Afrikoin]

Beijing Now Controls the Price of Bitcoin

https://www.deepdotweb.com/2017/01/16/bitcoin-price-analysis-january-16-2016/

[Afrikoin]

Wildcard would seem to be the possible unwinding of Chinese margin longs. I have read some pretty good analyses that call for as low as 650 based on comparison of BitMex margin longs (known) compared to Chinese margin longs (speculative).

How can "good analyses" on "speculative" numbers be of any use?

One projects from the known data one has. When it is written by the owner of Bitmex it is not a starting point to be shrugged off.

We are going to $600s at some point soon. Definitely

[Afrikoin]

[Afrikoin]

hey guys

i summarize my weekly thoughts from this thread at deep dot web

here is this week

Beijing Now Controls the Price of Bitcoin

Bitcoin Price Analysis January 16, 2016

https://www.deepdotweb.com/2017/01/16/bitcoin-price-analysis-january-16-2016/