Bitcoin has the largest market capitalization by far of all cryptocurrencies, 19 times larger than the runner up Ethereum. The number of units is capped at 21 million, 16 million of which are available. The cap ensures that inflation won't decrease their value. Bitcoin has broken through it's previous channel to the down side. Look for a drop to the level before finding previous support. A good time to buy the dip if you've been waiting on the sidelines. Projected is the low 18K's. Bitcoin Parabolic rally getting stacked and will most possibly have a small -5% pullback to and then there will be a pump to till end of the year. Then the bull market will start due to bankruptcy waves after the disastrous financial year will be show the hidden side of iceberg of financial crisis.
Tradingview bitcoin analysisBTC EUR – Bitcoin Euro Price Chart — TradingView
The script implements a custom version of the Mayer multiple and it may be useful for analyzing the price of Bitcoin in a historical context. Note n. This is a simple addition to the built in Bollinger Bands script. All it does is replaces the traditional plotting of Bollinger Bands with color bars. Plots the gold price USD for the quantities grams identified as support or resistance in the indicator settings.
Default values are: 75 gold grams gold grams gold grams gold grams gold grams More context: The purchasing power of Bitcoin. It marks out different world markets active timings on the bitcoin charts.
You can also modify the script to a strategy and test out different strategies. I wrote my first article in May Use it in dayli resolution minimum Refresh every day Thanks to all Pinecoders who share their work with the community. You can choose which exchanges to display. Each color characterizes an exchange. Sorry for my bad english Note : The list of exchanges in the infopanel is always the same, even if you disable exchanges.
If I have the time, I will try to fix this. Here are the listed exchanges : Indicators and Strategies All Scripts. All Scripts. Indicators Only. Strategies Only. Open Sources Only. Top authors: Bitcoin Cryptocurrency. Logarithmic Regression Weekly. Bitcoin Estimated Transaction Fee. Bitcoin Difficult Model [ChuckBanger].
Pi Cycle Bitcoin Top Indicator. Golden Ratio Multiplier x1. Bitcoin Binance Sentiment Index. Finex Premium. Mayer Multiple. BTC is facing resistance along the 0. 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. There is no correction at this moment! I'm waiting that price can continue uptrend. We can open long position as soon as BTC will break nearest resistance. Next resistance Videos only. Will History Repeat itself? Remember you heard it here first! Breakout Imminent!!! Bitcoin potential breakout from triangle. Wyckoff Distribution says Bitcoin will go down,don't get trapped.
Update on previous idea. The facts are in the chart! Bitcoin reached nearest resistance Show more ideas. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls this cryptocurrency and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.