MartyBoots here. I have been trading for years and I am here to share my ideas with you to help the Crypto space. DO NOT BE LEFT BEHIND Bitcoin Bull Market Is here right now Crypto Is Very Bullish right now should move a lot higher This market has potential parabolic structure If you want help trading Bitcoin or any other ALT coins hit me up, We will. Cryptocurrency combined market cap charts, bitcoin dominance charts, and more. BTC dominance has been breaking all resistance even when BTC broke ATH altcoins are still struggling. traditional investors joined the Crypto Market and since then they are controlling the Bitcoin price which resulted in huge depreciation to ALTs Price and Market Cap. some good project did have some nice runs but 80% ALTs are still underwater.
Bitcoin market graphBTCUSD — Bitcoin Chart and Price — TradingView
I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Weekly Chart Analysis - Taking a look Hi, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective. Since Bitcoin formed this significant bull-trap yesterday after moving above the level and pulling back to previous zones with an emerging impulse it is forming an interesting formation now that will be the determining source within the upcoming times, Bitcoin hitting top bolinger on 15 min.
Also resistance level with many highs on 4hr. Take most of profits here. Most likely will decline back to 35 ema. This is a quick short-term update on Bitcoin. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts.
This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous I'm waiting that price can continue uptrend. We can open long position as soon as BTC will break nearest resistance. Next resistance It is one of the most popular questions about the history Bitcoin. The value of the first bitcoin transactions were negotiated by individuals on the bitcoin forum with one notable transaction of 10, BTC used to indirectly purchase two pizzas delivered by Papa John's.
This was the only major security flaw found and exploited in bitcoin's history. The Electronic Frontier Foundation, a non-profit group, started accepting bitcoins in January , then stopped accepting them in June , citing concerns about a lack of legal precedent about new currency systems.
The EFF's decision was reversed on 17 May when they resumed accepting bitcoin. In January , bitcoin was featured as the main subject within a fictionalized trial on the CBS legal drama The Good Wife in the third-season episode "Bitcoin for Dummies".
The host of CNBC's Mad Money , Jim Cramer, played himself in a courtroom scene where he testifies that he doesn't consider bitcoin a true currency, saying "There's no central bank to regulate it; it's digital and functions completely peer to peer". A documentary film, The Rise and Rise of Bitcoin , was released in , featuring interviews with bitcoin users, such as a computer programmer and a drug dealer. In , several lighthearted songs celebrating bitcoin such as the Ode to Satoshi have been released.
The history and future of Bitcoin generates more academic interest year after year; the number of Google Scholar articles published mentioning bitcoin grew from 83 in , to in , and to in Also, the academic Ledger Journal published its first issue.
It is edited by Peter Rizun. Through out the time, the number of businesses accepting bitcoin continues to increase. In January , NHK reported the number of online stores accepting bitcoin in Japan had increased 4.
Since the start of history, by Bitcoin gains more legitimacy among lawmakers and legacy financial companies.
For example, Japan passed a law to accept bitcoin as a legal payment method, and Russia has announced that it will legalize the use of cryptocurrencies such as bitcoin.
Exchange trading volumes continue to increase. Many sold the cryptocurrency while they could, and the price has been steadily dropping all year.
Among the factors which may have contributed to this rise were the European sovereign-debt crisis—particularly the — Cypriot financial crisis—statements by FinCEN improving the currency's legal standing and rising media and Internet interest. Additionally, FinCEN claimed regulation over American entities that manage bitcoins in a payment processor setting or as an exchanger: "In addition, a person is an exchanger and a money transmitter if the person accepts such de-centralized convertible virtual currency from one person and transmits it to another person as part of the acceptance and transfer of currency, funds, or other value that substitutes for currency.
In summary, FinCEN's decision would require bitcoin exchanges where bitcoins are traded for traditional currencies to disclose large transactions and suspicious activity, comply with money laundering regulations, and collect information about their customers as traditional financial institutions are required to do. Basic money-services business rules apply here. In , the U. Treasury extended its anti- money laundering regulations to processors of bitcoin transactions.
In June , Bitcoin Foundation board member Jon Matonis wrote in Forbes that he received a warning letter from the California Department of Financial Institutions accusing the foundation of unlicensed money transmission. Matonis denied that the foundation is engaged in money transmission and said he viewed the case as "an opportunity to educate state regulators. In late July , the industry group Committee for the Establishment of the Digital Asset Transfer Authority began to form to set best practices and standards, to work with regulators and policymakers to adapt existing currency requirements to digital currency technology and business models and develop risk management standards.
Hello, traders! Bitcoin's dominance has tested the Bitcoin absorbed all the liquidity of the market during its rally. Christmas holidays are coming and traders in the stock market prefer to fix their positions. In case if big players are fixing positions on BTC, the nearest support level is at the price values of Some Elliott Wave for you.
I believe we'll begin to see a significant pullback here now, which will result in the strengthening of the altcoins in Q1 Inversely i've linked a chart to Altcoin dominance below which has just seen a third touch on a long term monthly trend line which gives me added confluence for Finger Crossed.
Anyone that bought the dip on Alts, very ballsy! Hat's off to you if it work out.