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Bitcoin Difficulty Ribbon
http://charts.woobull.com/bitcoin-difficulty-ribbon/
Richard Heart Tweet
Here guys, I circled all the 50% dips #Bitcoin had during the 100x from $200 to $20,000.
You'll notice there's no circles.
Because there were no 50% dips. pic.twitter.com/RNUSng7BMj— Richard Heart: HEX.com pays 25% APY!⬣? (@RichardHeartWin) August 1, 2019
Introducing the Bitcoin Difficulty Ribbon. When the ribbon compresses, or flips negative, these are the best time to buy in and get exposure to Bitcoin. The ribbon consists of simple moving averages on mining difficulty so we can easily see the rate of change in difficulty. pic.twitter.com/6kBz4sLG1d
— Willy Woo (@woonomic) August 1, 2019
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***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! USE ALTCOIN DAILY AS A STARTING OFF POINT!
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Im thinking that the smaller miners mostly sell on the open market/exchanges creating sell pressure.
But the big miners sell OTC as much as possible (its in their own interest to keep price up and they have the channels for OTC deals)
So when small miners shuts down less sell pressure in the open market.
Why don't you call yourself bitcoin daily? lol
What is a correction and why distinguishing the less than 30% and over 50% correction?
Also, the last graphic with the miners curve, where does this come from? The next halving is in 290 days… I don't get it?
great video man, good job.
Great stuff thank you both
I don't understand your reasoning of NVT signal. Every time it has previously reached that high, it came down and corrected. It has only just started to turn down now so how is that short term bullish?
Ik begin sinds kort met Bitcoin en het is allemaal nog een beetje nieuw voor me. Online had ik verschillende dingen over Bitbeheer gelezen, heeft iemand daar misschien ervaring mee?
Just got some extra fiat on my account. I wanted to buy in but I can wait a week more to see if we get a bit lower. Don't like buying over 10k.
Nice! Now Walmart wants in the Crypto game… exciting times
Glad this channel talks about the NVT, Steve from cryptocrew university also talks about it on his channel…. my favorite 2 channels
Where is Btc? Try Aug 2014 we are still in a bear market twice as long as the last one.
What you think about litecoin…
Good one
Take a look on 1 month chart we are in B fase of a ABC correction. If you look you can see we have finish Eliot wave so it still possible to land on 3000 btc
It's going to be a lot different this time institutions and regulations, will be interesting to see how far this goes ?
Actually, the lack of 50% corrections would make me more bearish. The markets love to take money from the most people and a 50% correction would definately hurt the most people. I honestly dont see that correction happening yet.
Well 8k2 is not impossible = 40% correction
I'm ready for the rally! But if we go down (sub 9k) I am also happy to invest more money! 🙂
in a tiny manipulated market such as crypto, TA is always “after the fact”. you can analyze until you’re blue in the face but in the end all anyone on the outside can predict is that price may go up or price may go down
I cant buy btc till im 18 in december ;(
Should change your name to bitcoin daily same old boring crap about bitcoin, reminds me of alt bag holders back in 2018 100k no 500k each. Get a grip everyone no retail will buy this now
Firstly, resistance is quite strong and there has been rejection already but some positive signs still show anyways in my personal opinion, bitcoin if its able to break above $4,000 we may quickly see us into the $20,000 range. Nevertheless, crypto has shocked us in the past especially the last year with predictions of price that went completely wrong. I hope to see more proponents for trading which obviously has been a more secure consistent and profitable means of earning off crypto. It has also been proven over and over again that winning in Bitcoin trading is a combination of experience and good strategy and you can always join the winning team of a more experienced trader with already working and proven strategy. One of the best remains Erick Moore and with him, I have been successful in my trades at least 98% of the times and have realized over $60,000 in profit, this year alone so I advice you forget predictions and start making good profit now because future valuations are all speculations and guesses. you can reach him on his email erickmoore943@gmailcom and I am quite certain he will be willing to assist you in all crypto related matters.
Is tron going to pump again?
Yesterday was my birthday. Send me some BTC as a gift ❤
???????
What happened to Bitcoin Hex?
Thx for the financial advice ?
???? Nobody and i mean absolutely nobody on this god damn earth can deliver us content like Altcoin Daily. 100x from $3150 puts us at about $300,000 USD per coin. possible if the S-curve of adoption is still ahead of us (which it is) ????
????? I’m Buying,thanks for great information
What’s the old saying? We never learn from history
It's all bla bla to me. I see a straight vertical line with no serious pullback. You need to open a monthly chart to see how ridiculous it looks like.
i m expecting 8k level i m bearish in weekly chart
So you speculate correction and then all bullish again ?
I like Richard Heart too but he also said we were going down to 8500. We still could I suppose.
Fibonacci circle saying we will be going down rapidly within 2 weeks . If nothing happens within 2 weeks I will start buying bitcoin and hold otherwise I will be buying bitcoin below $5k level within few weeks.
Just like how Dimitri said it.