Long term bitcoin trading viewing

[yarlungzangbo]

BTC inflows
We always think, inflows is the most important index.According to our data, we can see  Bitcoin's inflows still optimistic. After 25/9 , Bitcoin always keeping inflows, that's not bad, so we can keep expecting. Markets need a 'cardiotonic'




Lets talk about usdt
Chinese people like usdt, 90% of USDT OTC trading happened in China. Exchanges were banned , usdt is the only way for chinese people to join in the crypto trading. From usdt index , we can see how is the market confidence by chinese people. USDT OTC trading will cause positive or negative premium, when we can see USDT is postive premium in a cycle time,it means peoples shows their confidence for market.



Volatility(60days)
Our data machine shows, the bitcoin price volatility be in a low level just like january 2019. Low level volatility is meaning markets are fixing. when market fixed , it will show the side he want to go. We calculated the volatility by using a weighted average of the volatility of bitcoin price in 60days, it will cause very low error, hope it can help you.



Bitcoin in 2020
Our data machine told us everything is all right, although bitcoin seems going down in these days. Global central bank negative interest rate, Political instability, halve production of bitcoin , we still can see the postive index of bitcoin, Markets need a 'cardiotonic' . So i believe we will see bitcoin with a nice price in 2020.

[Blue_oxen]

I also have a trend prediction just like you. because bitcoin is losing its downtrend and is starting a new uptrend. there will be subsequent adjustments but don't worry too much, things will stabilize again and start growing at the beginning of 2020. I'm pretty sure about this prediction because you know, events The halving is also coming and Ethereum 2.0 is coming soon. And this is definitely a good time for sharks to pump money into the crypto market to grow again.

[samuraijin]

that's why bitcoin isn't worth investing in the short term because it will pump the heart beating all the time, especially when the market bleeds like it is today, but I'm waiting for what will happen next year as many people say next year is the right year both for bitcoin and others, I believe 2020 is the right time for everything to develop again

[bitzizzix]

that's why bitcoin isn't worth investing in the short term because it will pump the heart beating all the time, especially when the market bleeds like it is today, but I'm waiting for what will happen next year as many people say next year is the right year both for bitcoin and others, I believe 2020 is the right time for everything to develop again

Yes, bitcoin will be more profitable if you make long-term investments because bitcoin will always give good results in the long run and the most important thing is to have strong patience when bitcoin decreases.
and we will see bitcoin next year about increasing bitcoin according to the predictions of all those who reach the highest price in 2020.

[exstasie]

Thank you for sharing your perspective!

Your volatility graph is an eye-opener. It supports the notion that the January-June rally was impulsive in nature, while the June-December pullback was corrective.

BTC inflows
We always think, inflows is the most important index.According to our data, we can see  Bitcoin's inflows still optimistic.

Where does this data come from? It looks like USDT is disproportionately large.

Lets talk about usdt
Chinese people like usdt, 90% of USDT OTC trading happened in China. Exchanges were banned , usdt is the only way for chinese people to join in the crypto trading. From usdt index , we can see how is the market confidence by chinese people. USDT OTC trading will cause positive or negative premium, when we can see USDT is postive premium in a cycle time,it means peoples shows their confidence for market.

How is the USDT index calculated? You're saying it indicates market confidence? I see it's been rising inverse to price for the last 4-5 days. Do you interpret that as a bullish signal?

[buwaytress]

Good stuff OP! But I was under the impression that China is losing more and more of its love for Tether -- given that the past 2/3 years alone we've seen scores and scores of stablecoins come out exactly from China (I can't actually name one now but give me a list and I'll recognise a few I'm sure!).

As you say, Tether was popular (is still) because it allowed people to speculate, but at some point, we'll probably not be able to correlate Tether to BTC anymore, once (if) those alternative stablecoins gain traction. I think, judging from chatter, DAI, for example, is making a strong argument for displacing Tether in some circles.

[samuraijin]

that's why bitcoin isn't worth investing in the short term because it will pump the heart beating all the time, especially when the market bleeds like it is today, but I'm waiting for what will happen next year as many people say next year is the right year both for bitcoin and others, I believe 2020 is the right time for everything to develop again

Yes, bitcoin will be more profitable if you make long-term investments because bitcoin will always give good results in the long run and the most important thing is to have strong patience when bitcoin decreases.
and we will see bitcoin next year about increasing bitcoin according to the predictions of all those who reach the highest price in 2020.

my friend bought bitcoin 2017 above the price of $ 15k and sold it at $ 4000 at the time and now he sees the price is still above $ 6k and that's fine, he lost a lot of money because he was too quick to make a decision, even though I was reminded to invest in bitcoin has a big risk and needs more patience, but unfortunately he has stopped being a trader on bitcoin, hopefully he won't be disappointed when he comes back and sees high prices in 2020

[yarlungzangbo]

Thank you for sharing your perspective!

Your volatility graph is an eye-opener. It supports the notion that the January-June rally was impulsive in nature, while the June-December pullback was corrective.

BTC inflows
We always think, inflows is the most important index.According to our data, we can see  Bitcoin's inflows still optimistic.

Where does this data come from? It looks like USDT is disproportionately large.

Lets talk about usdt
Chinese people like usdt, 90% of USDT OTC trading happened in China. Exchanges were banned , usdt is the only way for chinese people to join in the crypto trading. From usdt index , we can see how is the market confidence by chinese people. USDT OTC trading will cause positive or negative premium, when we can see USDT is postive premium in a cycle time,it means peoples shows their confidence for market.

How is the USDT index calculated? You're saying it indicates market confidence? I see it's been rising inverse to price for the last 4-5 days. Do you interpret that as a bullish signal?

You can check the tether otc price at okex , fiat trading system shows the buy/sell price clearly.
Tether price rising means people are buying tether and want to buy bitcoin , eth or something crypto stuff.

[JeffBrad12]

I think that in the year of 2020 everything is unpredictable. we don't know what moves will some countries take against bitcoin and everything is unclear. although the chart might tell something about the price rallying up but the political decision and news regarding cryptocurrency is what make the market decide whether to go up or down also to add in the next year some big boys that are doing blockchain research might have finished and announce whether it's effective or not.

[yarlungzangbo]

Good stuff OP! But I was under the impression that China is losing more and more of its love for Tether -- given that the past 2/3 years alone we've seen scores and scores of stablecoins come out exactly from China (I can't actually name one now but give me a list and I'll recognise a few I'm sure!).

As you say, Tether was popular (is still) because it allowed people to speculate, but at some point, we'll probably not be able to correlate Tether to BTC anymore, once (if) those alternative stablecoins gain traction. I think, judging from chatter, DAI, for example, is making a strong argument for displacing Tether in some circles.

China is planning to publish their own digital currency DECP, and it may become a new channel to buy bitcoin. Tether still be the best choice for now, more and more chinese exchanges published otc system for tether ,and it means people don't need to withdrawl from exchange any more, the circulation of usdt will reduce by locking position, although people are saying tether is cheating crypto fans, it still be the first choice of chinese people to buy crypto currency.

[MURONDI]

I hope your prediction is correct, we all hope the price of bitcoin always goes up, but the reality is often not all as expected, Yesterday yesterday almost everyone shouted that Bitcoin will head for 20K, but now bitcoin has fallen below 8K.

[educart]

Specifically for short-term sellers, such a significant decline can lead to serious losses. That is why I prefer to be careful with bitcoin trading. Expect a lot from him. but you can’t do all bets on just one coin. I am confident in the long run this fall can help establish a more solid price position

[Waterfull446]

Specifically for short-term sellers, such a significant decline can lead to serious losses. That is why I prefer to be careful with bitcoin trading. Expect a lot from him. but you can’t do all bets on just one coin. I am confident in the long run this fall can help establish a more solid price position

You are absolutely right in saying, and if a person does not have a clear trading strategy, then such price correlations can lead to a panic of novice traders. But that is why it is necessary to study financial mechanisms in more detail and get acquainted with the strategies of experienced investors. Taklimakan platform allows you to create and share such strategies, as well as trading signals, in order to prepare for risky situations

[Eternad]

I hope your prediction is correct, we all hope the price of bitcoin always goes up, but the reality is often not all as expected, Yesterday yesterday almost everyone shouted that Bitcoin will head for 20K, but now bitcoin has fallen below 8K.

Market is too volatile, our prediction may not happen today, it may happen next month or next year. We never know but we must do invest only on alts that have potential or take advantage of some alts pump and dumps in that day. Trading will depend on how we will be able to monitor the market or set target amounts for our investment.

[justdimin]

Our data machine told us everything is all right, although bitcoin seems going down in these days. Global central bank negative interest rate, Political instability, halve production of bitcoin , we still can see the postive index of bitcoin, Markets need a 'cardiotonic' .

We all always need some "tonic" for pumping new investors into bitcoin markets. I guess the reasons you have mentioned will be more than enough catalysts to do that. Negative interest rates definitely push people to find a new store of value or interest gaining opportunities after gold. Bitcoin halving is known for triggering huge demand due to less supply. Political instability is a through out year incident across the globe hence it may or may not produces significant impacts into bitcoin markets.

i believe we will see bitcoin with a nice price in 2020.

Except the first quarter of 2019, I believe bitcoin managed to have decent prices levels in 2019 itself unlike how it performed in 2018. Compared to 2018, we enjoyed a bullish year in 2019 so far. Hence, it will be easy speculation about 2020 still only time will answer what we are going to have in actual .

[Murat]

So what do you think about the Bitcoin investment? from my overall observation, Bitcoin should be invested for the future purpose because of this analysis has proved many things, Thanks for sharing this worth analysis of the long term investment, it's a matter of time because day by day Bitcoin is becoming a stable currency in this days, but the price should be concern. for me, this cryptocurrency system is going under volatility so the people are getting confused about the long term investment, I hope this analysis will remove the confusion regarding this issue.

[yarlungzangbo]

So what do you think about the Bitcoin investment? from my overall observation, Bitcoin should be invested for the future purpose because of this analysis has proved many things, Thanks for sharing this worth analysis of the long term investment, it's a matter of time because day by day Bitcoin is becoming a stable currency in this days, but the price should be concern. for me, this cryptocurrency system is going under volatility so the people are getting confused about the long term investment, I hope this analysis will remove the confusion regarding this issue.

For investors, ‘automatic investment plan’  is the best way to against cycle or rise and fall, if you think something is valuable.

[LUCKMCFLY]

I think that the investment in Bitcoin in the long term is a very intelligent movement, especially since the long term does not represent much time as in the Stock Market, due to the volatility the movements usually occur quite quickly.

However, it is necessary to highlight that the Bitcoin chart is of a Bullish nature, and even more so when the Bitcoin Halvig is approaching, there are many expectations regarding this, in the same way the US dollar is currently presenting in its global economy some problems with negative interests, so they are considering creating the digital dollar by taking advantage of Blockchain technology.


Source: https://twitter.com/ChartsBtc/status/1199780006169214976

[barbara44]

If we roughly estimate like past 2 halving triggered 10x growth of bitcoin prices then we can assume like bitcoin prices is set to test $100k to $200k by the times of 2021. In pre-halving periods, bitcoin markets did not have any big spikes but in post halving, market was known for testing previous ATH which is always leading to set new ATH. This way we may expect bull may come into actual business.

Yes, right now we are not into exact bullish market still it must be kind of recovery phase. Recovering from the losses of 2017 market is happening but the bulls are not in decent focus. They lose power time to time. Bulls may get full power after the halving which may lead to testing current ATH of $20k levels before end of 2020 which means in 2021 we are going to have a complete bullish mode in bitcoin markets.

The bullish trend in 2021 may set 10x higher prices of current ATH. but we need to note that 2017's bull market set 20x higher prices than previous ATH which may signal about another 20x growth in upcoming bull market or even 40x growth too. Because, it all about rate of adoption by new investors and the level of money that they are going to bring into this markets.

[Cacingkemi]

I think that in the year of 2020 everything is unpredictable. we don't know what moves will some countries take against bitcoin and everything is unclear. although the chart might tell something about the price rallying up but the political decision and news regarding cryptocurrency is what make the market decide whether to go up or down also to add in the next year some big boys that are doing blockchain research might have finished and announce whether it's effective or not.

yes, no one knows for sure the price of bitcoin next year. Just like this year, in 2018 many people predict that market prices will experience a sharp increase, because the phase of falling market prices when 2018 continues until the end of the year so there is a lot of hope that in 2019 market prices will rise sharply, but in fact the movement Market prices tend to be more stable and there has been no sharp increase or decrease this year. Likewise in 2020 no one knows exactly what steps will be taken in some countries for bitcoin, will there be support from most governments so that it can affect market price increases or even vice versa.