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Author Topic: Profit realisation  (Read 254 times)
LFC_Bitcoin
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July 12, 2018, 06:11:39 PM
 #21

Thinking only one guy increases and decreases the price is bullshit. You have no proof but just your imagination.

This unfortunately.
Would take somebody with VERY VERY deep pockets to control the market by themselves.

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July 12, 2018, 11:13:46 PM
 #22

We have seen 4 steep rises since july 1 from 5800 to 6800. It was our cute manipulator obviously. He rised price and after 10 days price dropped from 6800 to 6300 , everybody wonders why but it was a profit realisation. He sold whatever he collected and gained profit. We have seen similar moves at last months but all that minor trend's bottoms finished lower then previous bottom, so last intermediate trend was bearish before july. What we see on this 10 day minor trend is different, new bottom 6300 is higher than previous bottom 5800. If we assume this cute guy sold all his btcs he has fiat now and can start his steep rises in a few days. So we can expect a bullish intermediate trend is borning.
Nice price analysis and pointing out that bottom but checking out the price today? You will surely said price is very unpredictable which is totally true. I do even believe we are heading again on 5800+ price floor once again if this price decrease would gradually continue.Out for those price range or movement we can able to utilize or make shortings and profiting on a short period of time yet volatility would really be just enough to make such profits.

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July 13, 2018, 10:53:44 PM
 #23

We have seen 4 steep rises since july 1 from 5800 to 6800. It was our cute manipulator obviously. He rised price and after 10 days price dropped from 6800 to 6300 , everybody wonders why but it was a profit realisation. He sold whatever he collected and gained profit. We have seen similar moves at last months but all that minor trend's bottoms finished lower then previous bottom, so last intermediate trend was bearish before july. What we see on this 10 day minor trend is different, new bottom 6300 is higher than previous bottom 5800. If we assume this cute guy sold all his btcs he has fiat now and can start his steep rises in a few days. So we can expect a bullish intermediate trend is borning.
Nice price analysis and pointing out that bottom but checking out the price today? You will surely said price is very unpredictable which is totally true. I do even believe we are heading again on 5800+ price floor once again if this price decrease would gradually continue.Out for those price range or movement we can able to utilize or make shortings and profiting on a short period of time yet volatility would really be just enough to make such profits.

i already think that price can go below 6k in mid-term but before that manipulator will play more up and down , this minor trends will create an intermediate trend that goes to 7-8k s then we can expect another drop. He is busy with more profiting right now and if new bottoms are not below previous bottoms technically it is rising. But this intermediate trend will be less inclined according too last month.
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July 16, 2018, 11:14:37 AM
 #24

He made his move , created another green bar for everbody to think it is rising, with that rise a new minor trend is starting, expecting more green candles in a few day , but dont forget sooner or later he is going to realise his profit. He will support the price till realisation. But after minor trend another will start so no need to sell, every minor trend will be similar to previous so that price will rise. i also expect 5 minor trends that creates a rising intermediate trend.I will try to find top of that hill, it maybe last summit over 6k.
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July 20, 2018, 06:10:47 AM
 #25

We have seen 4 steep rises since july 1 from 5800 to 6800. It was our cute manipulator obviously. He rised price and after 10 days price dropped from 6800 to 6300 , everybody wonders why but it was a profit realisation. He sold whatever he collected and gained profit. We have seen similar moves at last months but all that minor trend's bottoms finished lower then previous bottom, so last intermediate trend was bearish before july. What we see on this 10 day minor trend is different, new bottom 6300 is higher than previous bottom 5800. If we assume this cute guy sold all his btcs he has fiat now and can start his steep rises in a few days. So we can expect a bullish intermediate trend is borning.

Many experts are attributing BTC’s sudden rise to a number of high-profile endorsements from the financial world. 

https://www.forbes.com/sites/billybambrough/2018/07/17/big-for-bitcoin-goldman-sachs-new-ceo-is-keen-on-crypto/

The new chief executive of US investment bank Goldman Sachs is reportedly interested in the market. That's an indication that new money is flowing into the entire sector rather than to major currencies only. And it means that the rally may have “legs” before it tapers off. I think that Bitcoin will reduce in value for a little bit but later onwards increase in value once big corporations such as Goldman Sachs and Blackrock start to adopt cryptocurrencies in their current business models.

This area is up for grabs! PM me if you're interested.
teramit (OP)
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July 25, 2018, 09:12:50 PM
 #26

After reaching 8500 he made another profit realisation that resulted to see 8000s. Now it is going for another ride, probably will make a few similar moves. Then a steep rise to 9k level. If you are a daytrader there are great opportunities. Do not stay on summit too much it will eventually collapse. i dont expect it to reach 10k but this minor loops are very similar to previous intermediate trend rise.
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