Bitcoin price movement tracking & discussion

[asu]

Bitcoin just set a new all-time record in 24H volume: 42 billion USD

The highest volume recorded during the bull run of 2017-18 was 24 billion

New money entering the market

The parabolic rise of crypto hasn't even begun. It's just getting started

Long Bitcoin. Long Blockchain

https://twitter.com/mishalederman/status/1144338217270951937

Whoops mukhang may whale na pumasok ngayon na year.
hmmm...
Warren Buffet?

[serjent05]

Good morning!!

What’s good in the morning

Amazon-owned twitch bring back bitcoin payments

Bitcoin and bitcoin cash can be found as payment options in the section dedicated to the less common payment methods of the subscription payment page. The renewed enabling of those coins as payment options has not been announced on the company’s blog or in a press release.

https://cointelegraph.com/news/amazon-owned-twitch-quietly-brings-back-bitcoin-payments

Aba ayos yan ah.  Mukhang naantig ulit si Amazon na ibalik ang Bitcoin payments dahil sa pagiging bull run nito.  Magdadagdag nanaman ito ng hype para kay Bitcoin.

I read some of the news today and it seems good at correction lang ang nangyayari. Pero still curious pa din ako sa nangyari na mabilisan jump na pagtaas at pagbaba sa price.

Mukhang merong nagcashout sa mga naginvest ng mas mababa.  And since bumaba ang presyo ni BTC malamang  nagkaroon ng windo of opportunity sa mga gustong pumasok sa mas mababang halaga.  Sa ganitong pangyayari ay makakaganda talaga ito sa Bitcoin dahil nadagdagan nanaman ang bilang ng mga BTC holders/enthusaist.


Anyway, another good read from coindesk. https://www.coindesk.com/bitcoin-heading-for-fifth-month-of-gains-despite-price-correction

5 consutive month na gain na si BTC. Parang kailan lang eh lugmok si BTC dahil sa bear market.  Di natin napansin na 5 months na palang tumatakbo si Bull market ng Bitcoin.

[asu]

I don’t want to see a downfall hanggang $10,000... Can somebody stop it?!!!!

SHORT! SHORT! SHORT!

Really? we’re on $9,800 guys... Damn don’t have enough bitcoin to buy right now because it’s a chance, huge downfall

Where are you greatarkansas need your TA for the meantime.

#stronghands

[mirakal]

I don’t want to see a downfall hanggang $10,000... Can somebody stop it?!!!!

SHORT! SHORT! SHORT!

Really? we’re on $9,800 guys... Damn don’t have enough bitcoin to buy right now because it’s a chance, huge downfall

Where are you greatarkansas need your TA for the meantime.

#stronghands

You are the only one I saw who are happy seeing a huge downfall, but you'll be happier if you can buy this price, no money, no problem, just take a loan.

And by the way guys if you haven't join the Q3 prediction pool, join it here - https://bitcointalk.org/index.php?topic=5160304.0
There's a big prize waiting for you.

[asu]

You are the only one I saw who are happy seeing a huge downfall, but you'll be happier if you can buy this price, no money, no problem, just take a loan.

And by the way guys if you haven't join the Q3 prediction pool, join it here - https://bitcointalk.org/index.php?topic=5160304.0
There's a big prize waiting for you.

I have so much active loan right now and just balancing them all at the moment. You’re right I hope to have money on the time that I post because we’re back at $10k again.

Damn so fast not to see what’s happening. Can’t miss a millisecond on the price thus it will jump into a huge pump or dump.  Anyone who’s daytrader here?

[GreatArkansas]

Napansin ko sa mga nakaraang araw, yung gap sa CME futures, ay binabalikan ni Bitcoin, una yung around $11,600 then di tayo nanatili dun na level, then next na filled ay yung gap sa around $10,000.

Ang malaking tanong at madaming nag aabang ay kung ma fi-fill ba yung gap around $8,500 to $8,900


If kaya natin mag stay above $9,500-$10,500, I'll be bullish then. Free fall masyado ang area below $9,500. Which is pag nangyari na babagsak tayo below that area, posibiling bibisitahin talaga yung CME Futures gap.

Madami nag aabang jan na area at naka ready na ang mga long position nila kaya either di aabot ng kunti or lalagpas ng kunti. $8,000 - $8,500 is my buying zone area pag babagsak tayo sa $9,500.

[asu]

<...>

+1

Admire you a lot for being good at TA analysis. Thus, even if it’s sometimes many prediction does not happen, precisely in the right time it will be happens. So much love to read and see a nice graph, it’s like a diary that we love to read and see everyday for the movements of price.

[HatakeKakashi]

Iilang linggo na ring stable ang price ng bitcoin maganda ito ngunit kailangan na natin gumawa ng hakbang para umakyat ulit ito. Ngayon buwan ng July nag aantay ako ng malaking pag angat ng bitcoin at sana bago matapos ang July ay maybe umabot ito sa $15,000 kung papalarin ang bitcoin pero take time naman dahil mahaba pa ang oras ng bitcoin para tumaas.

[rhomelmabini]

Iilang linggo na ring stable ang price ng bitcoin maganda ito ngunit kailangan na natin gumawa ng hakbang para umakyat ulit ito. Ngayon buwan ng July nag aantay ako ng malaking pag angat ng bitcoin at sana bago matapos ang July ay maybe umabot ito sa $15,000 kung papalarin ang bitcoin pero take time naman dahil mahaba pa ang oras ng bitcoin para tumaas.

Mukhang kailangan na natin yung TA ni GreatArkansas, though I want to add up some TA I guess my learning to it is still at below poor pa ata hahaha. A $15k is a maybe, an $8k is also a maybe but if there are TAs to rely on, that's much better.

[rhomelmabini]

Just trying how I suck at TA but can we easily get that $16k if the same bullishness patter happen on the last months of the btc price? Parang nangangamoy new ATH na naman si BTC just this year or base on my TA this August. What are your thoughts mga kababayan?

[GreatArkansas]

Orayt! What an upside and downs last week tapos bigla nag close ang weekly candle na mas mataas sa previous week. The best!

Daily chart: Makikita niyo yung triangle na yan, bullish continuation pattern yan and look na break pataas yung triangle. Makikita niyo sa chart, yung 0.382 fib level, nag act as support which nag clo-close din yung mga daily candles above 20EMA(yellow). #FeelsGoodMan
Hanggang mag stay tayo above sa 20EMA na yan, bullish ako at posibling mabe-break na natin ang previous high na around $14,000.

[mirakal]

bullish ako at posibling mabe-break na natin ang previous high na around $14,000.

I hope so bro, that's $14, 000 if achieved this month, it's sure another big improvement and more and more people would think that the bull run is already starting. Though my prediction by the end of 3rd quarter might not hit (15,300  usd), but it's alright, as long as everybody is happy here.

You didn't join the competition here bro ?

[GreatArkansas]

You didn't join the competition here bro ?

Late na ako, sayang. Hahaha, thanks sa pagpapaalala.

Btw, this will be my hourly chart on Bitcoin. Another sideways for a week? But if we will break above this another triangle(bullish continuation pattern) and a previous high around $14,000, we can see $15,000-16,000.

I can see a minor support sa 0.236 fib level ($11400), ito yung level na posibiling may makikita tayo na mahahabang wick na mga candle pero pag mag co close tayo below jan na level, delikado and we can see a bloody days kay Bitcoin ulit. Pero #ThinkPositive, much better healthy correction or sideways, not too much pump and not too much dump will be good  .

[asu]

Good to be back at...
$13,065 as of now.

A little discussion.

"This sounds nothing like cryptocurrency," says @JoeSquawk after the head of Facebook's Libra calls for government involvement in regulating the new digital currency $FB $BTC

watch the video sa link.
https://twitter.com/squawkcnbc/status/1148905967012241409

Tf they are talking. Lol

[samcrypto]

Oras na para bumili ulit ng maraming bitcoin, sobrang nakakasad ang mga pangyayari pero dapat mag focus paren tayo sa pag accumulate ng bitcoin lalo na kapag bagsak na ang presyo nito. Parang kelan lang nasa level tayo ng $13k pero ngayon, bumabalik na naman tayo. Nagcreacreate na naman ito ng panic, sana makabangon pa ulit tayo.

via Imgflip Meme Generator

[Darker45]

This is it guys! The support at around $9,800 to $10,000 has already been successfully broken. This might be falling down lower than $9,000 any minute from now. Please prepare your fiat guys, the buying time is about to come.

#StrongHands

 

[asu]

Good evening!!

Haven’t read some news lately and not posting here , pero look ohh.

Another City in Canada Allows Residents to Use Bitcoin for Property Tax Bills
The City of Richmond Hill in Canada, will start accepting the world’s leading virtual currency by market capitalization Bitcoin as a means of payment for property taxes from inhabitants and businesses, The Block
reports.

https://coinidol.com/canada-allows-bitcoin/

Thoughts?

[finaleshot2016]

~

I think few more years, mangyayari rin yung ganyan dito sa Pilipinas especially may mga company na nagaadopt na ng bitcoin as a payment. I hope the BSP magkaroon ng different department regarding sa cryptocurrency to study and research about it. Hindi naman ata mahirap yon since we're looking for more advanced and developing our own technology diba? Sana lang talaga hindi against ang government regarding sa sistema na ganito kasi hindi ito magiging posible kapag may nakikita silang small disadvantage para sa atin.

[mirakal]

Good evening!!

Haven’t read some news lately and not posting here , pero look ohh.

Another City in Canada Allows Residents to Use Bitcoin for Property Tax Bills
The City of Richmond Hill in Canada, will start accepting the world’s leading virtual currency by market capitalization Bitcoin as a means of payment for property taxes from inhabitants and businesses, The Block
reports.

https://coinidol.com/canada-allows-bitcoin/

Thoughts?

That's big because taxes from impose by the government and that means the government allows people to use crypto.
Probably the most positive news I've read today, thanks for sharing.

[GreatArkansas]

Charts time. Medyo busy at ngayon lng uli naka pag analyze sa chart ni Bitcoin.

Already short term bearish na ako kay Bitcoin simula nung na break tayo pababa sa $12,000.
Yung bearish ascending triangle na na break pababa, yung sign na yun mas naging bearish ako sa lower time frame.

Hourly chart:


Pag sa higher timeframe naman tayo, para sa akin naman is correction lang nung di tayo tumuloy above $14,000. Pero the good thing lang ay mdaming horizontal support tayo na makikita pag e zoom out ang chart, lalo na sa mga previous supports. $8,000 - $9,000 will be a strong support if ever mag drop tayo below.

Daily Chart: