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This market trading analysis applies to various exchanges, including Bitmex and Binance. Tackling questions like if Bitcoin can reach 20k again and if we will be seeing a crypto currency market recovery this year. Things like the lightning network have provided huge improvements for BTC and while it is true that others like Roger Ver with Bitcoin Cash (bcash) may disagree, I do see these blockchain technology innovations to be very bullish fundamental signs for the space.

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24 thoughts on “BITCOIN END OF MONTH PUMP EXPLAINED – BTC/CRYPTOCURRENCY TRADING ANALYSIS

  1. one after another excellent analysis.

    October–November 2016 $600–$780
    January 2017 $800–$1,150
    5-12 January 2017 $750–$920
    Just look at the prices of BTC. So for any fund manager, if he can make average 20% per year great. On that basis if BTC GOES down to usd 3000.
    still a huge return for those invested during late 2016 and early 2017.
    For this analysis, Here we have to ignore the FUD, FOMO of 2017, with the moon boys and crypto monkeys. My openion with KIRBY , BTC GOES TO 3000 USd and many of the top altcoins too shall be going under single digits.
    even if goes down to 3000us still it is a great return for investors of early 2017 and late 2016

    1

  2. it's all well and good but as long as it is ranging between 6200 and 6800 it is just speculation and gambling. I'd even go further and say as long as we do not have a new market structure, at least a weekly close below 5800 or above 7400 there is nothing to talk about. Professional traders have moved their capital into equities these past months, and any large entity would be playing with fire accumulating a worthless asset like btc now when it can easily break downward to 5 or 3k in a matter of weeks. If no new big money pumps in, it will keep testing 6k for weeks or even months until buyers get exhausted and give up. You can tell from a mile that there is no buyer interest as the price range is making lower highs and short long ratios are at all time high. The longer this range lasts the more money will leave cryptocurrencies; 99% of the money here is speculative, they don't care about decentralization; if there is no more volatility, no money can be made so they will park their money elsewhere, especially considering that bitcoin is old news now and that another freezy like last year is very unlikely

  3. Started reading that book, hope to catch up to your level one day haha.
    Would like to hear about the OTC and about this info you have on the people who bought it early.

  4. please don't 'correct' your pronunciation of english…every country speaks english in their own way…all correct…the california english, or the queens english is just their way of speaking english…me? i cant understand the queen when she speaks…the world hears california english from TV…that does not make it correct…what is fun, the many many ways the hear english around the world. you speak perfect english from where ever you are from…i love to hear the accents. english is also mixed with local language around the world..i come from Hawaii…no one knows what i am saying…

  5. I greatly appreciate you, the work you put in and your passion !!!!
    *** ONE THING THOUGH ****

    OBVIOUSLY people have given you a hard time about the way you say here.
    I personally like it, and its simply WHO YOU ARE.
    Seeing you trying to correct something unique about yourself for others to me, is Ridiculous !!!
    And personally fck them.
    I like it, and dont see any reason for you to change, are people hair😉 to learn from you….. or find Ridiculous insignificant things to pick on a person for !!? Small People.
    Keep doing you

  6. If long-term holders then I've been in the game for many years are now selling to the suit and ties at the point we consider the bottom of the bear Market I would consider to be very bad news. Why would someone that has been in the game for so long sell it what we consider to be the bottom. That's not good at all

  7. EURUSD has a very clear bullish divergence on the daily RSI at the moment. So i guess a long has a great chance to work and you can set your SL very tightly (1.126 should work i think maybe a little closer). I will go long immediately when i get conformation in price action! A very good oportunity in my opinion.

  8. Well if the guys who have been here from day one who bought BTC under $1.00, then selling at $6K levels would not be so shocking. I mean, yes, ideally everyone wants to sell BTC at $100K +, but I would imagine these Bitcoin OG's have bills to pay and Lambos to buy.

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