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Bitcoin stdoutWhat is bitcoin? - CNNMoney
At which point we will have a new 2-Day and 3-Day candle. I will follow up with a much shorter video to emphasize a couple of things. Looks like upward pressure may continue in the 6h time frame at least until the 3-Day candle closes in approximately 17 hours.
Where that takes the price action is hard to say. However, I'm one Many traders got scared to enter the market but to the surprise of many, the fall got bought back immediately and in 1 day all losses were erased.
It is interesting to mention that the rebound happened on the 4H MA50, as I described on my post last Sunday see below Unfortunately, I must take a break from providing updates the way I have been. I mentioned this about a week ago but I actually provided more instead of less I appreciate the following and support very much!!! I want From a TA perspective it seems hardly sustainable to see the price of BTC grow as much as it has this recent time It seems like it is currently forming a bullish flag consolidation pattern.
Let's see if the price can pullback to test the level once more to complete the pattern. A next leg higher is expected after the consolidation phase is done! Hello everyone, this is Rich, I promise to keep sharing original content here on TradingView.
My Second Home! If you like my trading style, do not forget to follow me for more. Best of luck! Bitcoin the last times showed up with bullish moves managing to breakout above its established range and mark above the I drew my Fib Extension from the bottom wick of the dump on March 15th, start of the bull run, all the way to Hello Traders.
Welcome to Chapter 3, where we talk about corrective waves. In chapter 3. The zig zag wave is one of the common of patterns in corrective Elliot Waves. Many of us see this on a daily basis, but did you know that there was a meaning behind all of the fluctuations in the price action? Bitcoin can be used to book hotels on Expedia, shop for furniture on Overstock and buy Xbox games. But much of the hype is about getting rich by trading it. The price of bitcoin skyrocketed into the thousands in Bitcoins can be used to buy merchandise anonymously.
In addition, international payments are easy and cheap because bitcoins are not tied to any country or subject to regulation. Small businesses may like them because there are no credit card fees. Coinbase is a leading exchange, along with Bitstamp and Bitfinex. But security can be a concern: bitcoins worth tens of millions of dollars were stolen from Bitfinex when it was hacked in People can send bitcoins to each other using mobile apps or their computers. This is how bitcoins are created.
Currently, a winner is rewarded with The wallet is a kind of virtual bank account that allows users to send or receive bitcoins, pay for goods or save their money. Unlike bank accounts, bitcoin wallets are not insured by the FDIC.