Bitcoin Course - Analysis. Will the Market regenerate in the Year of Pig?

9개월 전

The first month of the New Year has ended and Bitcoin does not look much better than at the beginning. On the contrary… at the end of the month, Bitcoin went down to almost 3400 USD.

We can see a little hope in growing buy orders around 3300 USD which are already higher than the sell ones. But that does not have to mean anything. It is possible, that the imbalance arose only because the buyers make their orders in a way so they can catch sell orders of current holders which will sell even more with further price fall. Just a few people expect growth at this moment.

But who knows… maybe the Chinese year of Pig is going to be reflected in further development. I would wait for this at the end of 2019. So far, this graph might help us with it:

ggggg.png

When there are further sales, interesting things will start to happen


The price is under pressure of red trend line and supported by the purple one. This could indicate the possibility of a turnover, but there is not a significant volume. Now I think that the price will slowly decrease throughout the first half of February. When there are further sales, I would expect a drop to 3122 USD which is the lowest price at Bitstamp since December 2017.

And here the interesting happens. There will be a reflection, and that could indicate the start of a new growth with a return of at least somewhere to 5200 USD, or we can expect to go down up to 2300 USD, or maybe to slightly touch 1000 USD. But those 1000 USD is a catastrophic scenario involving the activity of many nervous owners who start selling out of fear that Bitcoin is ending and goes to zero.

Personally, I would rather see some kind of reflection and comeback so the market would be more active. A moment for purchase will be a short sale, followed by a pump over the red line. I personally recommend buying while crossing the line, or wait a day for a short correction.

Sentiment in the market


Bitmex Leader Board: 50:50
Bitfinex: 32 thousands BTC long, 24 thousands BTC short
OKEX: 54 - long, 43 - short

Recommendation: Wait with the purchase. The signal may be exceeding the red line with a higher volume. Before that, a decline can be expected as a result of more sales and attacks on stop-losses.


Disclaimer: These articles cannot be considered as an investment advice, and it is still a good idea to make speculation on bitcoin stock exchanges only with funds you can afford to lose. The high profit potential is balanced with a significant risk of losing, especially here on the crypto markets.

Česky: https://btctip.cz/kurz-bitcoinu-analyza-ozivi-trh-zacinajici-rok-vepre/


View this post on Steeve, an AI-powered Steem interface

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
STEEMKR.COM IS SPONSORED BY
ADVERTISEMENT
Sort Order:  trending

@samotonakatoshi Will the bitcoin Market comeback in the last Year high or low again?

·

I think that there will not be much interesting things happening to BTC in 2019. I suppose that it could end up with the price of 4 - 5 000 USD. But predicting this is like predicting weather for the end of 2019.

·

!bookkeeping magicdice drugwars moonsteem

·
·

Hi @samotonakatoshi!

drugwars

Received:

  • 0.055 STEEM from daily
  • 0.070 STEEM from heist
  • 0.000 STEEM from referral

Spent:

  • 0.000 STEEM

Total:

  • 0.125 STEEM

First transfer was before 57.79 days.

magicdice

Received:

  • 3507.312 STEEM
  • 0.000 STEEM from referral
  • 0.000 STEEM from delegation
  • 27.516 STEEM from dividends
  • 5.777 SBD
  • 0.000 SBD from referral
  • 0.000 SBD from delegation
  • 0.154 SBD from dividends

Spent:

  • 3591.668 STEEM
  • 5.496 SBD

Total:

  • -56.840 STEEM
  • 0.435 SBD

moonsteem

Received:

  • 536.655 STEEM
  • No related SBD transfer were found.

Spent:

  • 865.000 STEEM
  • No related SBD transfer were found.

Total:

  • -328.345 STEEM
·

!bookkeeping magicdice drugwars moonsteem

·
·

Hi @samotonakatoshi!

drugwars

Received:

  • 0.055 STEEM from daily
  • 0.070 STEEM from heist
  • 0.000 STEEM from referral

Spent:

  • 0.000 STEEM

Total:

  • 0.125 STEEM

First transfer was before 57.79 days.

magicdice

Received:

  • 3507.312 STEEM
  • 0.000 STEEM from referral
  • 0.000 STEEM from delegation
  • 27.516 STEEM from dividends
  • 5.777 SBD
  • 0.000 SBD from referral
  • 0.000 SBD from delegation
  • 0.154 SBD from dividends

Spent:

  • 3591.668 STEEM
  • 5.496 SBD

Total:

  • -56.840 STEEM
  • 0.435 SBD

moonsteem

Received:

  • 536.655 STEEM
  • No related SBD transfer were found.

Spent:

  • 865.000 STEEM
  • No related SBD transfer were found.

Total:

  • -328.345 STEEM
·

Hi @samotonakatoshi!

magicdice

Received:

  • 3507.312 STEEM
  • 0.000 STEEM from referral
  • 0.000 STEEM from delegation
  • 23.149 STEEM from dividends
  • 5.777 SBD
  • 0.000 SBD from referral
  • 0.000 SBD from delegation
  • 0.106 SBD from dividends

Spent:

  • 3591.668 STEEM
  • 5.496 SBD

Total:

  • -61.207 STEEM
  • 0.387 SBD
·

Hi @samotonakatoshi!

magicdice

Received:

  • 3507.311 STEEM
  • 0.000 STEEM from referral
  • 0.000 STEEM from delegation
  • 8.519 STEEM from dividends
  • 5.777 SBD
  • 0.000 SBD from referral
  • 0.000 SBD from delegation
  • 0.045 SBD from dividends

Spent:

  • 3591.668 STEEM
  • 5.496 SBD

Total:

  • -75.838 STEEM
  • 0.326 SBD
·
·
·
·
·
·

Hi @samotonakatoshi!

moonsteem

Received:

  • 75.000 STEEM
  • No related SBD transfer were found.

Spent:

  • 265.000 STEEM
  • No related SBD transfer were found.

Total:

  • -190.000 STEEM
·
·
·
·
·
·
·

Please use one of the following keywords after !bookkeeping:

drugwars steemmonsters magicdice steemslotgames steembet moonsteem
·
·

Hi @samotonakatoshi!

drugwars

Received:

  • 0.045 STEEM from daily
  • 0.070 STEEM from heist
  • 0.000 STEEM from referral

Spent:

  • 0.000 STEEM

Total:

  • 0.115 STEEM

First transfer was before 16.90 days.

Congratulations @samotonakatoshi! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 17000 upvotes. Your next target is to reach 18000 upvotes.

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Support SteemitBoard's project! Vote for its witness and get one more award!

Sneaky-Ninja-Throwing-Coin 125px.jpg
Defended (59.46%)
Summoned by @samotonakatoshi
Sneaky Ninja supports @youarehope and @tarc with a percentage of all bids.
Everything You Need To Know About Sneaky Ninja


woosh

·

Hello @samotonakatoshi

You requested your Magic Dice details.

You were referred to Magic Dice by None and have 0 referrals.
You are currently delegating 0 Steem Power.

You have placed 1,138 bets with a 80.76% win rate.

You have wagered 5,537.907000 STEEM and 5.419000 SBD.
You have won 5,384.362000 STEEM and 5.694000 SBD.
Your profit is -153.545000 STEEM and 0.275000 SBD.

You received 0.000000 STEEM and 0.000000 SBD in referral bonuses.
You received 38.067818 STEEM and 0.200559 SBD in dividends.

Your absolute profit/loss is: -115.477000 STEEM and 0.476000 SBD

You have acquired 314,882.014207 Magic Tokens.
Your spent per 1M Magic Tokens: 487.628000 STEEM and -0.874000 SBD.

!bookkeeping magicdice moonsteem drugwars

·

Hi @samotonakatoshi!

drugwars

Received:

  • 0.055 STEEM from daily
  • 0.070 STEEM from heist
  • 0.000 STEEM from referral

Spent:

  • 0.000 STEEM

Total:

  • 0.125 STEEM

First transfer was before 85.98 days.

magicdice

Received:

  • 5495.075 STEEM
  • 0.000 STEEM from referral
  • 0.000 STEEM from delegation
  • 38.068 STEEM from dividends
  • 5.777 SBD
  • 0.000 SBD from referral
  • 0.000 SBD from delegation
  • 0.201 SBD from dividends

Spent:

  • 5661.064 STEEM
  • 5.496 SBD

Total:

  • -127.921 STEEM
  • 0.482 SBD

moonsteem

Received:

  • 840.662 STEEM
  • No related SBD transfer were found.

Spent:

  • 962.834 STEEM
  • No related SBD transfer were found.

Total:

  • -122.172 STEEM

!bookkeeping magicdice

·

Hi @samotonakatoshi!

magicdice

Received:

  • 5495.076 STEEM
  • 0.000 STEEM from referral
  • 0.000 STEEM from delegation
  • 40.849 STEEM from dividends
  • 5.777 SBD
  • 0.000 SBD from referral
  • 0.000 SBD from delegation
  • 0.210 SBD from dividends

Spent:

  • 5661.187 STEEM
  • 5.496 SBD

Total:

  • -125.262 STEEM
  • 0.491 SBD