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Bitcoin
- Thread starter James48843
- Start date
Is this what you eere talking about. I did't see that yesterday.
North Korean hackers targeting bitcoins to fund Kim Jong Un, report says
North Korean hackers targeting bitcoins to fund Kim Jong Un, report says | Fox News
It got as low as $3726 this morning, but I didn't touch it there. It's seems to be trying to stabilize so I picked some up at $3924.
userque
Well-known member
Tsunami
Well-known member
My Elliott wave eye says that GBTC will fall back down to the previous wave 4 of wave 3 low, which is the low in mid-May around $200. So if it's got that much further to fall I suspect bitcoin will fall along with it.
GBTC - SharpCharts Workbench - StockCharts.com That's one of the prettiest 5-wave up charts I've seen in a long time, very clear, with the wave 1 peak in early January, wave 3 top was in late May or was a "truncated" top in early June, then wave 5 was at the end of August....so down it goes to the 200dma minimum, and will likely overshoot to around $200 I think. Perhaps a Fibonacci 78% drop from the $1065 top is the target, that would be $234. Just my 2 cents.
GBTC - SharpCharts Workbench - StockCharts.com That's one of the prettiest 5-wave up charts I've seen in a long time, very clear, with the wave 1 peak in early January, wave 3 top was in late May or was a "truncated" top in early June, then wave 5 was at the end of August....so down it goes to the 200dma minimum, and will likely overshoot to around $200 I think. Perhaps a Fibonacci 78% drop from the $1065 top is the target, that would be $234. Just my 2 cents.
Boy, I hope you're wrong - at least in the short-term. I had my eye on that open gap hoping it would eventually get filled. I had an limit order to buy some at 570 and it got filled just at the close. I also bought some earlier in the day at 626 so... 
Unfortunately there's another gap below.
btc is trying to reverse from the lows of today, but not getting much follow-through.
Unfortunately there's another gap below.
btc is trying to reverse from the lows of today, but not getting much follow-through.
Boy, I hope you're wrong - at least in the short-term. I had my eye on that open gap hoping it would eventually get filled. I had an limit order to buy some at 570 and it got filled just at the close. I also bought some earlier in the day at 626 so...
Another day. Another sell-off . Another gap filled... but trying to hold.
Now all the open gaps are on the upside.
userque
Well-known member
(VIDEO) The full CNBC interview with MGT Capital Investments CEO John...
https://www.cnbc.com/video/2017/09/...-mgt-capital-investments-ceo-john-mcafee.html
___________________
John McAfee
https://en.wikipedia.org/wiki/John_McAfee
"... He has been extremely bullish about bitcoin, writing on Twitter in July 2017 that he predicted that the price of one bitcoin would jump to $500,000 within three years, and "If not, I will eat my own d*ck on national television" ..."
https://www.cnbc.com/video/2017/09/...-mgt-capital-investments-ceo-john-mcafee.html
___________________
John McAfee
https://en.wikipedia.org/wiki/John_McAfee
"... He has been extremely bullish about bitcoin, writing on Twitter in July 2017 that he predicted that the price of one bitcoin would jump to $500,000 within three years, and "If not, I will eat my own d*ck on national television" ..."
userque
Well-known member
Indeed.
Are we close enough for a buy? I started to put in a stop limit at 3000 yesterday but didn't.We went a little below. If this area holds we could be back to an uptrend.
Looks like a classic reversal day, and anyone willing to sell probably has done so. But now these new buyers could be scared out again if Jamie Dimon is short and opens his mouth again. :ziplip:
Anyway, we're in a new frontier but technical analysis has worked pretty well on bitcoin so far and where it found support last night looks about right.
http://www.tsptalk.com/images/mb/091517a.gif
clester
Well-known member
Looks like a classic reversal day, and anyone willing to sell probably has done so. But now these new buyers could be scared out again if Jamie Dimon is short and opens his mouth again. :ziplip:
Anyway, we're in a new frontier but technical analysis has worked pretty well on bitcoin so far and where it found support last night looks about right.
http://www.tsptalk.com/images/mb/091517a.gif
Thanks for the insight. I bought some btc at 3500. I'm buying small until I can get a good feel for it.
Sent from my iPhone using TSP Talk Forums
Tsunami
Well-known member
China's actions could soon be seen as bullish rather than bearish on digital currencies...
https://www.financialsense.com/valuewalk/china-killing-crypto-no-what-happening
https://www.financialsense.com/valuewalk/china-killing-crypto-no-what-happening
clester
Well-known member
Sold at $4000. I really like the GDAX site and trading was very easy. Looking for another buying opportunity. I didn't make much because of the small trade but at least it was a positive experience.
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