YORK's price prediction topic.

[york780]

Bitfinex coldwallet keeps decreasing

Who will be Bitfinex'ed ?


LINK:  https://bitinfocharts.com/bitcoin/address/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r

More goes out than comes in. I consider that to be a good thing as it basically means that people are moving away from that exchange. The more people that move away, the less harm this exchange will eventually cause when it goes down. I just hope that Bitfinex won't bully people by halting BTC withdrawals as well. It's a possible scenario as the longer it takes before their operation goes back to how it was before this, the more coins they will see move out. That would be an ultimate F.Y. to all the traders that kept believing in them.

Indeed.
Seems that people want to be GOX'ed twice.

[york780]

RESISTANCE EXPLAINED





BTC has some strugles with continuing its growth.

Its likely that this is related to the correlation of the graphs that I posted yesterday.

Lets scale already

[ft73]

News will probably play an important role in the next price movement.

This said, i'd expect some huge price action coming within 48 - 72 hrs.
Can't say direction for sure, i'd say down 60%, up 40%.

If it goes down watch for 1150$ level, then 1085$ (BitStamp).
The latter should hold, short term.

Flashcrash bottom about 920$, worst case.

Why is that?

Only news that happened today is the crash of BU, Tether problems with Taiwan banks and the decreasing cold wallet of Bitfinex.

Not enough to go to 1150$.

I expect a big downmove once we move to the 1350-1400 USD area.

maybe a triangle squeezing on bearish divergence and low volume may raise some concerns ...

[york780]

This is why I said that BU was 'buggy'



Seems that BU is not a serious option for now.

[york780]

News will probably play an important role in the next price movement.

This said, i'd expect some huge price action coming within 48 - 72 hrs.
Can't say direction for sure, i'd say down 60%, up 40%.

If it goes down watch for 1150$ level, then 1085$ (BitStamp).
The latter should hold, short term.

Flashcrash bottom about 920$, worst case.

Why is that?

Only news that happened today is the crash of BU, Tether problems with Taiwan banks and the decreasing cold wallet of Bitfinex.

Not enough to go to 1150$.

I expect a big downmove once we move to the 1350-1400 USD area.

maybe a triangle squeezing on bearish divergence and low volume may raise some concerns ...

True, and that triangle is moving to the 1350-1400 USD range to collapse afterwards.

I just bought some more BTC because I am sure that we reach our goal.
Lets buy the top he said, it will be fun he said.

Its the first time ever I bought some 4-digits BTC ^^, better get used to it lol

[ft73]

Good luck with that.

I see no reason price should go to 1400$ before some substantial correction.
It's almost hit or miss in my opinion.

As i said, news may drive next movement.
LTC related news, eventually.

[york780]

Good luck with that.

I see no reason price should go to 1400$ before some substantial correction.
It's almost hit or miss in my opinion.

As i said, news may drive next movement.
LTC related news, eventually.

I smell some SegWit related news here

A LTC pump wont trigger a BTC dump.

LTC is just a BTC dummy version.

If they ruin it with a SegWit implementation nobody really cares.
There is a reason why they TEST it on LTC first, not because LTC has some magic community or miners.
Its because LTC is a backup plan, a dummy (test) version, like some labrat.

A trading veteran knows what he should do in the next upcoming months.

BLEEP BLEEP BLEEP  watch out!
Here comes the LTC PUMPER DUMPER!

[JohnUser]

BLEEP BLEEP BLEEP  watch out!
Here come the LTC PUMPER DUMPER!

https://s23.postimg.org/667vqu2mz/LTC_PUMPER_DUMPER.jpg

Lol, you make my day.

[Dakustaking76]

Good luck with that.

I see no reason price should go to 1400$ before some substantial correction.
It's almost hit or miss in my opinion.

As i said, news may drive next movement.
LTC related news, eventually.

Why not ? There has to be a Reason to reach a new ath, investors are not dumb the big ones Ofcourse
Thats How i am thinking there gonne pump iT this time higher then iT Will sink alot again.

[york780]

Good luck with that.

I see no reason price should go to 1400$ before some substantial correction.
It's almost hit or miss in my opinion.

As i said, news may drive next movement.
LTC related news, eventually.

Why not ? There has to be a Reason to reach a new ath, investors are not dumb the big ones Ofcourse
Thats How i am thinking there gonne pump iT this time higher then iT Will sink alot again.

Investors are already in Bitcoin.
Bitfinex and altcoin FOMO traders will pump BTC, oh I forgot to mention Roger Ver.
Because of him we crawled out of the beartrap which I mentioned yesterday.
To 1400 USD !!
Nobody can stop our plan, to victory lads!

[pooya87]

Good luck with that.

I see no reason price should go to 1400$ before some substantial correction.
It's almost hit or miss in my opinion.

As i said, news may drive next movement.
LTC related news, eventually.

Why not ? There has to be a Reason to reach a new ath, investors are not dumb the big ones Ofcourse
Thats How i am thinking there gonne pump iT this time higher then iT Will sink alot again.

why call it pump, and why expect a big sink! i don't get it. the biggest FUD of this year was the BU split FUD that could only cause a dip down to $9XX range and momentarily testing the $8XX range. and that didn't even last long! and that was the biggest FUD, what else do you think can be that big to cause such a dip, specially if price goes higher.

[Dakustaking76]

And were off to rise again

[york780]

Just a couple dollars more to break resistance lvl 1. Lvl 2 next week ?

[york780]

THE HOPIUM ROAD CONTINUES

Same chart different day.

Good traders use the same chart for weeks.

When you have to many charts, you have 1 chart to few.



Our road to victory is not an easy one guys.
Dont get fooled because of the upcoming traps.
Use short term supportlines to see if our trend keeps on kickin.


Advice:

Hodl, with short term supportlines, channels on short term make little sence in this movement.

Important movement update:

We broke trough lvl 1 resistance, and we are still above it with a few bucks.
Lets see if BTC can stay above it, or that a second bear trap will occur.
I expect BTC to stay above the lvl 1 resistanceline to continue the upwards momentum untill we reach resistance lvl 2.

Happy trading all.

[york780]

Who wants to get TETHERed ?

I warned you all

Stay safe my friends.

[york780]

Some people wanted to know which coin is going to pump next after

-Ethereum
-Stratis
-Creditbit
-Ethereum classic

Awnser is simple : Namecoin.

Look at the chart of that beauty.

I am not going to invest in it because its to much work to buy it and safe it in a proper wallet, but its 100% profit guarantee guys.

YORK is going to sleep again.

Take care.

[Okurkabinladin]

Good luck with that.

I see no reason price should go to 1400$ before some substantial correction.
It's almost hit or miss in my opinion.

As i said, news may drive next movement.
LTC related news, eventually.

Why not ? There has to be a Reason to reach a new ath, investors are not dumb the big ones Ofcourse
Thats How i am thinking there gonne pump iT this time higher then iT Will sink alot again.

Investors are already in Bitcoin.
Bitfinex and altcoin FOMO traders will pump BTC, oh I forgot to mention Roger Ver.
Because of him we crawled out of the beartrap which I mentioned yesterday.
To 1400 USD !!
Nobody can stop our plan, to victory lads!

Respect where its due. You were right and I was wrong. We will see test of 1500 before hitting 1000 again.

Good luck and thanks for your work here, York.

[york780]

Some people wanted to know which coin is going to pump next after

-Ethereum
-Stratis
-Creditbit
-Ethereum classic

Awnser is simple : Namecoin.

Look at the chart of that beauty.

I am not going to invest in it because its to much work to buy it and safe it in a proper wallet, but its 100% profit guarantee guys.

YORK is going to sleep again.

Take care.

1 day later.. 



Happy trading all.

[york780]

Good luck with that.

I see no reason price should go to 1400$ before some substantial correction.
It's almost hit or miss in my opinion.

As i said, news may drive next movement.
LTC related news, eventually.

Why not ? There has to be a Reason to reach a new ath, investors are not dumb the big ones Ofcourse
Thats How i am thinking there gonne pump iT this time higher then iT Will sink alot again.

Investors are already in Bitcoin.
Bitfinex and altcoin FOMO traders will pump BTC, oh I forgot to mention Roger Ver.
Because of him we crawled out of the beartrap which I mentioned yesterday.
To 1400 USD !!
Nobody can stop our plan, to victory lads!

Respect where its due. You were right and I was wrong. We will see test of 1500 before hitting 1000 again.

Good luck and thanks for your work here, York.

Thanks man, as long as you didnt sell you arent wrong.
The road to victory continues!

[york780]

Looks like I inspired some other traders.

18-4-17



A few days later ;



Or this one, only a bit to much hopium pointing its target.



Point is made, a dozen more charts posted in the last day that are almost exact duplicates of our chart.

You know what this means guys --> FOMO

Lets move to 1400 USD already and be done with it lol.
Happy trading all.