Bitcoin BTC Analysis thread

[Treeny]

Doing the opposite to what people are predicting is a good money maker

[CraigForex2020]

haha so true lol the contrarian style of trading is actually massively popular

[momo3HC]

Suspect what? $200k?

[REaley]

Bitcoin dancing on the daily 200EMA, would like to see it move either side for a tronger bias

[momo3HC]

It`s better to use 200 SMA on daily.

[momo3HC]

Looks like ive mistaken the threads so heres my latest analysis:

Bitcoin future?

[BTC 11092021] Hi all. Kind of a hard week and hard times at all and here im am again. Is all about Bitcoin lost or its just a healthy correction? Guess what… nothing is lost yet, not at all. Be sure that when something in the Bitcoins life change in negative direction ill admit it but that time isnt come yet. In the next 3 posts ill show you how nothing has changed in Bitcoins technicals (up to this date) after this weeks dip. This 3 charts will be daily, weekly and monthly. Im starting wit…

Bitcoin future?

[BTC 18092021] Hi again all. Like I told you last time, in 3 consecutive posts ill show you why nothing has changed in Bitcoins technicals (up to this date) and the bull run is not over yet at all. This time will be the weekly time frame so lets go straight to the point. First of all, theres a lot of indicators in this charts. I dont like to over use so much indicators but for the use of this post I must. In the left chart were seeing: Blue dots – parabolic stop and reverse (PSAR). Very rel…

Bitcoin future?

[BTC 22092021] Hi again all. Heres the 3rd consecutive post with which im showing you why nothing has changed in Bitcoins technicals (up to this date) and the bull run is not over yet at all. Despite the last 2 big dips even. This time will be the monthly time frame and wont be so full of indicators and may be not so interesting like the weekly one but lets go straight to the point. The chart actually is a bit of an update to the same one ive shared back in June. When you look at the chart yo…

[forum.forex]

The People’s Bank of China (PBoC) announced tougher measures on crypto trading that, for the first time, makes illegal crypto-related transactions, including services provided by off-shore crypto exchanges.

The Sept. 24 notice bans banks and other financial institutions from offering services related to crypto, including transactions of fiat to crypto currencies, or from one crypto to another. Anyone facilitating trades is subject to legal prosecution, including those individuals who live inside China but work for off-shore crypto exchanges that provide service to China.

[CraigForex2020]

Seen this i dont think it is anything to worry about as they are a highly regulated state and i dont think it suits their agenda. The amount of positive adaption far outweighs this

[jessoprules]

China bans Bitcoin every year lol

[Treeny]

Yeah, it’s quite a common occurrence

[Stonksalltheway]

Great to see early comments in this thread versus what BTC has achieved this year, peaking at $60K.

[REaley]

Why your preference for the SMA?

[Jungletrader]

It feels like China bans Bitcoin Crypto in general at least once a year

[momo3HC]

Why not. I`m using SMA and EMA but depending from the different factors like TF in example.

[Treeny]

Is that an ATH I see?

[REaley]

It is indeed, and I expect we will see another by the end of the year.

[momo3HC]

Or Q1 2022.

[REaley]

Making a strong play, but could double top here although I know a lot will be hoping to see it push through.

[cashisking86]

BTC is trading more and more like fiat all the time.

[pezza55]

i feel every one is looking for the bull run right up to Christmas’s lots out there looking at the 100k area or ATH in December at least. this could be a great opportunity for bigger players to short the pair and drop it hard just like we seen with game stop and then rally it all the way up