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Author Topic: Technical Analysis of Bitcoin  (Read 110 times)
Joshua Jackson (OP)
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October 22, 2021, 01:05:45 AM
 #1


The price of Bitcoin is currently at prices higher than 60,000 dollars and everyone now seems to be interested again investing in Bitcoin. The Fear Of Missing Out (FOMO) is real. I will be dropping daily technical analysis of the Bitcoin using various timeframes of the Bitcoin charts in other to help fellow merchants of Bitcoin make precise predictions of price and make profit in the process.

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October 22, 2021, 02:32:49 AM
 #2

The price of Bitcoin is currently at prices higher than 60,000 dollars and everyone now seems to be interested again investing in Bitcoin.
There are LONG squeezes hours ago on the market, around exchanges.

Quote
The Fear Of Missing Out (FOMO) is real.
It does not occur in this wave, after Bitcoin broke out and made its new all time high. FOMO will occur when more retail investors join that is not what we have currently. If you look at the Google trend statistics, you will see no FOMO effect at least now.

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October 22, 2021, 06:49:23 AM
 #3

Well its not surprising there will be a fomo since bitcoin at this point still showing a potential to increase more. actually I'm not an expert, but i used to check different time frames to determine if the growth of a coin has a possibility to grow more or not especially when it comes bitcoin, And what i see on bitcoin, obviously still gaining strength to pump again. and the current situation? Probably just a correction in my opinion. And while it still above 200 ema and other indicators still positive for sure investors will always become interested on it...

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October 22, 2021, 08:35:23 AM
 #4


The price of Bitcoin is currently at prices higher than 60,000 dollars and everyone now seems to be interested again investing in Bitcoin. The Fear Of Missing Out (FOMO) is real. I will be dropping daily technical analysis of the Bitcoin using various timeframes of the Bitcoin charts in other to help fellow merchants of Bitcoin make precise predictions of price and make profit in the process.


Well, what we could expect to Bitcoin? It is being called the father of crypto's without nothing. It is not surprising that Bitcoin will increase higher as what we expected and increase more in the future. Actually, I am not an expert on this but as I observe Bitcoin, there is a possibility to grow more and obviously still gaining strength to pump again. It is very important that we will be stay updated on the market because we can't predict what will happen to the future.
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October 22, 2021, 08:52:21 AM
 #5

I will be dropping daily technical analysis of the Bitcoin using various timeframes of the Bitcoin charts in other to help fellow merchants of Bitcoin make precise predictions of price and make profit in the process.
I still do not see any good reason you want to do this because this forum can not provide the clearer features you need to provide what you want to provide, the best is to tell people that are in need of TA to make use of exchanges which can make the work easy for them there with candle sticks display.

If I did not get you right, what kind of information you want to provide here that will be helpful? You will need to provide more information about this, but I do not think that will be helpful here if you want to be predicting bitcoin price here.

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October 22, 2021, 01:03:08 PM
 #6

Those people need to wait for a while to invest in bitcoin because if they want to invest in bitcoin now, I think they can not be ready if the price is down for more. Bitcoin price now is at a downtrend, which means the price is getting correction after reaching the new ATH, but if they do not mind seeing another downtrend, they can buy bitcoin now.

You can give your prediction here to learn together where the bitcoin price will go and determine which time will be good to buy bitcoin. We will have our own prediction but with many analyses that we can collect, that can give us more information to analyze the price.

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October 22, 2021, 01:22:19 PM
 #7

Those people need to wait for a while to invest in bitcoin because if they want to invest in bitcoin now,
We are really very dramatic when thinking about bitcoin investment. The price was dropped from 64k to 30k. But they(max people) did not think for investment. Now the price again come back to 64k and those people started to think about the investment again. That means the FOMO is already started. lol... 

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October 22, 2021, 01:35:23 PM
 #8

they have to wait til price is more than $60k before investing, its fomo. i think its also because of ETF are on the market even when SEC has not approve any of them. thats what made them FOMO.

I will be dropping daily technical analysis of the Bitcoin using various timeframes of the Bitcoin charts in other to help fellow merchants of Bitcoin make precise predictions of price and make profit in the process.
I still do not see any good reason you want to do this because this forum can not provide the clearer features you need to provide what you want to provide, the best is to tell people that are in need of TA to make use of exchanges which can make the work easy for them there with candle sticks display.

If I did not get you right, what kind of information you want to provide here that will be helpful? You will need to provide more information about this, but I do not think that will be helpful here if you want to be predicting bitcoin price here.

he wants to share his price.speculation and TA in different timeframes. if users find it helpful, its up to those who read this TA. there is an obsever wall thread where some times people post the technical analisis they come up with.


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October 22, 2021, 01:44:07 PM
 #9

I, for one, will be interested in the daily charts you put out here as a trader to see what trading method(s) you adopt. However, you've to bear in mind that the FOMO you so referred to at this auspicious time is occasioned by the fact that everyone likes success and that failure is a bastard. Now that Bitcoin has gained so much (don't forget the ETF factor), a lot of investors who sat on the sidelines a while ago want to woo her, so to write.

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October 23, 2021, 06:10:05 AM
 #10

Those people need to wait for a while to invest in bitcoin because if they want to invest in bitcoin now,
We are really very dramatic when thinking about bitcoin investment. The price was dropped from 64k to 30k. But they(max people) did not think for investment. Now the price again come back to 64k and those people started to think about the investment again. That means the FOMO is already started. lol... 
People say that they want to see the price drops below $30k so they can start buying but when that happens, they still do not buy directly instead, they say to wait for the other down price. I could say that because one of my friends said that he would buy bitcoin if the price was below $28k even though the price was already hit $28,xxx. He did not use that time to buy instead just waiting so I said to him that his wish would not happen because the trend shows to increase and that is really happening. After that, the price starts to increase to $30k and here we go at $60k.

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October 23, 2021, 07:21:10 AM
 #11

I will be dropping daily technical analysis of the Bitcoin using various timeframes of the Bitcoin charts in other to help fellow merchants of Bitcoin make precise predictions of price and make profit in the process.
Where you are dropping your predictions? Do you have your own site or do you post them on any of your social media? I guess linking us to your pages will get you honest reviews.

You can post your predictions with valid backing reasons into our speculation board.

I am just curious to know your performance by trading by your own technical analysis. Are you only analyst but a trader as well? If I were a technical analyst then definitely I will trade on my own signal first before publishing. If you have any such performance track, please link that also we this forum needs lots of technical analyst and pro traders.

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October 23, 2021, 10:50:11 AM
 #12

The price of Bitcoin is currently at prices higher than 60,000 dollars and everyone now seems to be interested again investing in Bitcoin.
When bitcoin price soars, you'll get to see everyone that hasn't bought it yet gets excited.

The Fear Of Missing Out (FOMO) is real. I will be dropping daily technical analysis of the Bitcoin using various timeframes of the Bitcoin charts in other to help fellow merchants of Bitcoin make precise predictions of price and make profit in the process.
Drop it now.

Where's your daily TA so that we can see and read some insightful analysis? FOMO is for real and whenever the market rises, you'll see a bunch of people do FOMO.

And it's an unstoppable character from the majority including the newbies.

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Zilon
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October 23, 2021, 03:08:04 PM
 #13

I will be dropping daily technical analysis of the Bitcoin using various timeframes of the Bitcoin charts in other to help fellow merchants of Bitcoin make precise predictions of price and make profit in the process.
I still do not see any good reason you want to do this because this forum can not provide the clearer features you need to provide what you want to provide, the best is to tell people that are in need of TA to make use of exchanges which can make the work easy for them there with candle sticks display.

If I did not get you right, what kind of information you want to provide here that will be helpful? You will need to provide more information about this, but I do not think that will be helpful here if you want to be predicting bitcoin price here.
Let's give @Op a try this thread might be helpful to some who knows he might have drafted his techniques on how to go about the signals discouraging @OP might not be the best at the moment. From his next thread we would then decide if the services are worth sharing or if the platform would limit his kind gesture


The price of Bitcoin is currently at prices higher than 60,000 dollars and everyone now seems to be interested again investing in Bitcoin. The Fear Of Missing Out (FOMO) is real.
Exactly what played out early this year when Bitcoin climbed to $63k and many were rushed in and invested when the market experienced a dip many sold out of FUD and those who held on to their coin and bought more are smiling currently. The same incidence is currently playing out and many would still invest simply because the are don't want to be left out.  FOMO is actually real
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October 23, 2021, 05:47:41 PM
 #14


If I did not get you right, what kind of information you want to provide here that will be helpful? You will need to provide more information about this, but I do not think that will be helpful here if you want to be predicting bitcoin price here.

I think it is simple maybe nothing more than market analysis of different timeframe and speculation of what can happen just as some thread too have created charts and analysis. It is basically the technical aspect of market that can help new trades incase they want to be over reacting to market and FOMO to jump into the market. It won't help much because you can just follow the chart and do what is in your mind as always the case with trading.
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