koryu

It's about time

koryu 업데이트됨   
BITSTAMP:BTCUSD   비트코인
18
Watch out. Break out, next try.
코멘트:
knocking on the fib. :)

hint: make this chart yours to see the fibs and more historical trendlines
코멘트:
Bullish fundamentals:
competitive devaluation of fiat currencies
banning of cash (f.e. 500€ notes in EU)
negative interest rates / no interest for holding money at bank account with volatile currencies means increase demand for store of value assets
bitcoin as modern store of value
capital controls
halving
segwit

HODL
코멘트:
upper channel line (blue) hit see comments
코멘트:
bitstamp break out of the blue channel for new high $$$ exciting time, chart needs some updates when it holds above
코멘트:
Targets: 600 - 727 - 900
Support: 540 - 502
See comments
코멘트:
we are breaking the 727 level stamp :-)
코멘트:
hard to guess the next move, 900 or testing support... so i booked partial profits at 740$
코멘트:
seems like this was the brexit pump and dump. peeps already talking about "Bitcoin As a Hedge Against Economic Uncertainty".

Comparing GBP vs bitcoin chart shows bitcoin top and gbp bottom at the same time.
Fundamentals are still bullish, looking to buy back the reversal.
코멘트:
china levels
코멘트:
Expect more volatility over next days, ATR14 levels off at 40$, its because halving is coming closer (ETA: 09 Jul 2016). Margin money could have a hard time here, market makers prolly try to squeeze both directions, we have seen this before.

Nevertheless seeing gold and silver going into a bull market, its unlikely that bitcoin is entering a bear market. So I see Bitcoin going sideways or up over medium term but with high volatility.
코멘트:
china long term levels i.imgur.com/Zbqc5eo.png
코멘트:
코멘트:
bear whale? ;-) i.imgur.com/pdSbpxV.png
코멘트:

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