Bitcoin, created in , was the first cryptocurrency. There currently are over alternative cryptocurrencies, called Altcoins, such as Ethereum, Ripple and Litecoin. Bitcoin and popular altcoins can be found on TradingView, through the free, real-time data of 25 exchanges. Cryptocurrencies are somewhat similar to precious metals, in that. The best way to interpret Bitcoin's price action is via the logarithmic chart which shows the overall square root function of each cycle. Simply put, realistically, the log chart is slowing down on the longer timescale, meaning that Bitcoin is now possibly entering its fourth phase as shown in the chart - . View live Bitcoin Gold / U.S. Dollar chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well.
Tradingview chat bitcoinBitcoin and Altcoin Prices — Cryptocurrency Market — TradingView
If you've followed my work, then you know that I have always maintained that when price is inside a channel and the boundaries are defined, price will more often than not, Wow, what just happened? Who else thinking that right now? I felt that at 0. Then I felt it again when we broke below the low trendline from I started to actually think, can this thing even go to zero? Are they going to make a 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 Adding onto the weekly analysis I did on Litecoin, we're looking here at the hour chart where LTC broke out of this 2-year long downtrend.
Hey ya I sent a bit of money to kraken, this might be interesting if the bottom holds but it's not very convincing yet Link had such a better bounce, but it's not the same thing: ETH had the same pattern as Bitcoin With mainstreet MartyBoots here.
I have been trading for years and I am here to share my ideas with you to help the Crypto space. Consistent chart updates Clean charts Short and long-term perspectives Visually In this scenario, Bitcoin may have topped for the year.
I want to tell you right away that the situation with Bitcoin is now very shaky, it literally hangs in the balance. The fact of the merging of altcoins and the growth of domination only confirms the fact that people close their positions and enter the cash or stable coins, and bitcoin stands still - everyone is waiting for the next step from it. If we Videos only. Top authors: Cryptocurrencies.
Ripple Rekt: A Leverage Lesson. Will History Repeat itself? Mother of all Shakeouts. Worth a shot, if the bottom holds. Remember you heard it here first!
Breakout Imminent!!! See all ideas. A cryptocurrency is a fully decentralized, secure, digital currency whose creation is controlled by cryptography.
Cryptocurrencies are not issued by central banks and their value does not depend on bank policies. This is partly to do with Some Elliott Wave for you. 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 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 Anyone that bought the dip on Alts, very ballsy!
Hat's off to you if it work out. Finger Crossed. D Index Chart. Videos only. Top authors: BTC. Bitcoin Dominance. All I want for Christmas is Bitcoin!