byzantinegenerale
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October 26, 2020, 01:15:43 AM |
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Thanks MineDigital. The proposition in todays report is that bitcoin will attract shorts at the natural level here (as if there is an upward trend-channel) but that bullish momentum will stop those traders out before spending some time above the recent swing high ($14k?) before retracing and perhaps honoring that trend-channel. As always though it's not advice and do your own research. The market loves paypals involvement with reserve rights as well, which is interesting. PayPal now 'gets it'. Bitcoin Price and Trading Report: October 26thThe bitcoin price has traded sideways since hitting a high and it may have a leg higher in it. PayPals news is positive for ReserveRights.https://minedigital.exchange/bitcoin-price/bitcoin-price-oct-26th/ |
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bobbysands0507
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October 27, 2020, 04:40:42 AM |
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Thanks, mate. Do you think with the market universally long across all the derivative exchanges, that there is a decent chance of short squeeze coming? I always get nervous when the market gets too euphoric. This guy is bullish long term, but wary short term, and calling this BTC movement a "false breakout." https://www.youtube.com/watch?v=Ups9Q_VIAmcAny thoughts? |
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byzantinegenerale
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October 27, 2020, 11:53:16 PM |
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Hi bobbysands0507 Yeah it's not a bad call - this last move higher we saw Bitcoin move without Ethereum which is another good indicator. There is a tasty high at $14k, so we have to ask ourselves if there is anybody left to stop out - any more exuberance to plumb at the high of the market before it turns around. We touch on that in today's trading report Bitcoin Price and Trading Report: October 28thWe saw a leg higher in the bitcoin price overnight but without a lot of enthusiasm following in Ethereum. We may see the swing-high shortly.https://minedigital.exchange/bitcoin-price/bitcoin-price-oct-28th/ |
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New.in.trading
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November 04, 2020, 11:56:04 AM |
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Did you check what happened after the last 2 elections, wiht the BTC USD price? After the 2012 election (Obama) it rose by 108 times and after the 2016 election (Trump) by 27 times. If the price were to increase only tenfold in the future, we would find ourselves in the USD 150,000 range  |
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byzantinegenerale
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November 06, 2020, 12:28:10 AM |
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That's interesting. Sounds like there is around a 4 year market cycle in Bitcoin. It could be interesting to see how long these periods lasted as well for a measure of what to expect.
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proTECH77
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Bisq Market Day - March 20th 2023
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November 12, 2020, 04:06:17 PM |
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It is not over with cryptocurrency, with this few month remain to enter 2021 which many trader are thinking it will hard for cryptocurrency to rise more than bitcoin before the end of this month. Bitcoin is seriously rising in the area of exchange market that is causing many trader to make a good income from their trade. Many trader are still watching if bitcoin will get to $20k before they can release their coins to market. It will hard other cryptocurrencies to pump more than bitcoin which is not too stable enough the way trader want it to be stable and steady in this season.
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byzantinegenerale
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November 13, 2020, 01:35:18 AM |
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Tend to agree proTECH77 that the all-time highs are where things get interesting. Tricky to try to start buying here though, especially on a trading and not cash/spot basis
Bitcoin Price and Trading Report: November 13th
With risk slightly lower overnight, bitcoin still managed to break through its high while Ethereum did little.https://minedigital.exchange/bitcoin-price/bitcoin-price-nov-13th |
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kramchers
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November 13, 2020, 12:34:38 PM |
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Daily trading is seems a good topic,but it won't work at all.Since the price is not a stable one in bitcoin and Ethereum.You should keeps on checking it market rise and fall.Actually we can buy bitcoin with good price in the beginning of day.It may get into high rise or fall at the night of a day. Isn't even there are a lot of members here in the forum that will teach us a piece of advise about in crypto trading this tips would not help us 100% to get a nice profit whether Bitcoin or cryptocurrency. But I remembered last week there are some of the experts here in cryptocurrency that Bitcoin price update could possibly become 19k$ up to 20k$ just like what happened on 2017. |
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byzantinegenerale
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November 16, 2020, 12:18:13 AM |
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We will have a few trading resources for you available soon. Daily trading is seems a good topic,but it won't work at all.Since the price is not a stable one in bitcoin and Ethereum.You should keeps on checking it market rise and fall.Actually we can buy bitcoin with good price in the beginning of day.It may get into high rise or fall at the night of a day. Isn't even there are a lot of members here in the forum that will teach us a piece of advise about in crypto trading this tips would not help us 100% to get a nice profit whether Bitcoin or cryptocurrency. But I remembered last week there are some of the experts here in cryptocurrency that Bitcoin price update could possibly become 19k$ up to 20k$ just like what happened on 2017. |
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