Attachments: Bitcoin (BTCUSD)

Bitcoin (BTCUSD)

#101
Apr 30, 2021 7:47pm Apr 30, 2021 7:47pm

JBRolim
Joined Sep 2018 | Status: Trader Man | 2,132 Posts

Hi guys
I see a sale ahead M15

"No pain no gain"

#102
Apr 30, 2021 7:50pm Apr 30, 2021 7:50pm

JBRolim
Joined Sep 2018 | Status: Trader Man | 2,132 Posts

However, market still buys 3%

"No pain no gain"

#103
Apr 30, 2021 8:26pm Apr 30, 2021 8:26pm

JBRolim
Joined Sep 2018 | Status: Trader Man | 2,132 Posts

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"No pain no gain"

#104
May 1, 2021 3:53pm May 1, 2021 3:53pm

creativereza
Joined Apr 2019 | Status: Trader | 10 Posts

Quoting CryptoBoy

Disliked

BTC is short all the way till at least end of 2021 ... Cheers!

Ignored

Why do you think so?

#105
May 1, 2021 5:38pm May 1, 2021 5:38pm

xDREx
| Membership Revoked | Joined Dec 2020 | 396 Posts

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#106
May 2, 2021 7:24am May 2, 2021 7:24am

CryptoBoy
Joined Apr 2021 | Status: Super Member | 16 Posts

Quoting creativereza

Disliked

{quote} Why do you think so?

Ignored

If you look in the explosion in BTC valuation (We went 100% above the highest expected price for 2021; that is 30K level). So we are currently creating a Higher high, and nose diving perhaps all the way back to $12,000.

Do not get me wrong, i'm not going to short it ... or perhaps short for small periods! This thing is crazy and can just keep on going. For now this is where i will be thinking about Buying and holding.

#107
Edited 7:51am May 2, 2021 7:36am | Edited 7:51am

here2there
Joined Dec 2019 | Status: Trader | 5,600 Posts

Quoting creativereza

Disliked

{quote} Why do you think so?

Ignored

Nobody knows for sure where BTC will be going for the rest of the year. And if they act like they know and can't be wrong, then it's probably best to ignore them.

In my opinion, the best thing one can do as an aspiring trader is to learn how to read charts, and stick to basic price action. Learn to recognize basic patterns and candle formations. Use high time frames such as the 4HR, Daily, and Weekly. Take it one day at a time, and don't try to predict the future.

There is a guy named @EmperorBTC on Twitter who offers free trading tutorials.

Learn from your mistakes and march on.

#108
May 2, 2021 11:54am May 2, 2021 11:54am

saninvestor
| Joined Apr 2009 | Status: Trader | 1,197 Posts

Quoting xDREx

Disliked

{image}

Ignored

What broker do you use? Is it providing metatrader for cryptos? how about spreads?

Trade to enjoy... Money is after!

#109
May 2, 2021 12:07pm May 2, 2021 12:07pm

xDREx
| Membership Revoked | Joined Dec 2020 | 396 Posts

Quoting saninvestor

Disliked

{quote} What broker do you use? Is it providing metatrader for cryptos? how about spreads?

Ignored

My preferred broker is IC Markets, Raw Spread account. Recently it introduced only these cryptos: BCHUSD, BTCUSD, DSHUSD, ETHUSD and LTCUSD.

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#110
May 2, 2021 1:09pm May 2, 2021 1:09pm

saninvestor
| Joined Apr 2009 | Status: Trader | 1,197 Posts

Quoting xDREx

Disliked

{quote} My preferred broker is IC Markets, Raw Spread account. Recently it introduced only these cryptos: BCHUSD, BTCUSD, DSHUSD, ETHUSD and LTCUSD. {image}

Ignored

Thanks. Spread is good for metatrader broker. but limited access to many cryptos is a weakness.
I trade with binance. But I hate their platform. Metatrader is best.

Trade to enjoy... Money is after!

#111
May 3, 2021 2:49pm May 3, 2021 2:49pm

CryptoBoy
Joined Apr 2021 | Status: Super Member | 16 Posts

Quoting here2there

Disliked

{quote} Nobody knows for sure where BTC will be going for the rest of the year. And if they act like they know and can't be wrong, then it's probably best to ignore them. In my opinion, the best thing one can do as an aspiring trader is to learn how to read charts, and stick to basic price action. Learn to recognize basic patterns and candle formations. Use high time frames such as the 4HR, Daily, and Weekly. Take it one day at a time, and don't try to predict the future. There is a guy named @EmperorBTC...

Ignored

I agree with you there; no one can predict the future or the unknown. Best thing is have control over what is controllable. [Your equity and what amount you are willing to risk ... aka lose] If you stay clam and cool, look at the explosion in BTC valuation and the monthly chart. You will see a price moving 90 Degrees north. The market cap surpassed Google and Apple. Where will the next trillion of Dollars will come to push BTC higher?!!!

For now BTC should start correcting and re-distributing its market cap among many small players. Case in point Ether and ALT coins ...

There is also the leveraged / margin buyers, which is quite popular in market types like these.

Which translates into a correction of 10% is intensified by margin calls to 20% and vise versa!

Just my humble opinion!

#112
May 7, 2021 8:39am May 7, 2021 8:39am

xDREx
| Membership Revoked | Joined Dec 2020 | 396 Posts

Quoting xDREx

Disliked

{image}

Ignored

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#113
May 16, 2021 1:31pm May 16, 2021 1:31pm

efund.ir
| Joined May 2021 | Status: Trader | 2 Posts

I posted this in another thread , look at the wolfe wave developed in D1 ,

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#114
May 21, 2021 5:26pm May 21, 2021 5:26pm

hoaibacforex
| Joined Jul 2020 | Status: Trader | 9 Posts

Bitcoin cycles might be longer than you think

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#115
May 26, 2021 10:56am May 26, 2021 10:56am

venividivici
Joined Jun 2015 | Status: Retired | 961 Posts

My two possible scenarios

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Lets see if I was right in the future.

#116
May 27, 2021 10:41pm May 27, 2021 10:41pm

here2there
Joined Dec 2019 | Status: Trader | 5,600 Posts

Quoting venividivici

Disliked

My two possible scenarios {image} {image} Lets see if I was right in the future.

Ignored

I think Bitcoin could go below 20k.

Learn from your mistakes and march on.

#117
Jun 21, 2021 8:39pm Jun 21, 2021 8:39pm

swagtrading
Joined May 2019 | Status: Trader | 1,178 Posts

One interesting thing has happened in this crypto selloff. BTC market share has gained from around 63% last week to 67% now, although still down from around 80% earlier this year.

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