The markets are coming to such an important tipping point I want to be short, but I'm also seeing a bottom formation that points to a break to the upside... so I'm long and short every time the price breaks a little technical pattern... then using Rule #1 to get out of the trade. Over and over, up and down, I am consistent at picking the wrong side - but good at covering my position if I am not proven correct... Here is a short video where I review my trades and make some comments on what my plans are for today. https://www.youtube.com/watch?v=Z-pqjXsWv7Q I refer to Rule #1 and Rule #2 all the time, learned them from 'Phantom of the Pits' and Art Simpson who posted them to a futures trading forum back in about 1997?
The ratio of long and short positions has increased violently from 1.34 yesterday to 1.73 today. Bitcoin is still trading above the lower trendline following the critical support level is around $11,200. Which indicates that the market is skeptical about mid-term price increases.
03-06 09:24 - 'Yesterday it was India today it is South korea. Now you can buy,trade and hold Bitcoin in South Korea. It is totally legal.' (i.redd.it) by /u/wabibo removed from /r/Bitcoin within 547-557min
The market continued its dance in red in early trading hours: Bitcoin had a stop (a temporary one, some observers say) at $7,500 and lost about 3% on top of its yesterday slide. 📉
Ethereum looker resistant compared to BTC. "One of the untold stories of the past few years is that the CFTC, the Treasury, the SEC and the NEC director at the time, Gary Cohn, believed that the launch of bitcoin futures would have the impact of popping the bitcoin bubble. And it worked."" — said former CFTC Chairman J. Christopher Giancarlo.
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TokenGazer’s data analysis shows that Ethereum has followed Bitcoin into an upward trend, triggering robust market enthusiasm. Ether trading volume on mainstream exchanges hits $357.0M, 90% higher than yesterday.
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Bitcoin Price (BTC USD): Get all information on the Bitcoin to US-Dollar Exchange Rate including Charts, News and Realtime Price. Bitcoin witnessed some of the most intense volatility it has seen in months late yesterday evening. After rallying up to highs of $12,000, BTC struggled to surmount the resistance at this level, which ultimately resulted in a sharp price decline that sent it reeling down towards $11,000.. It has been finding some strong support at this level throughout the past several hours, but it still ... Bitcoin and cryptocurrency markets suddenly rebounded yesterday, with the bitcoin price climbing back above the psychological $7,000 per bitcoin mark after a sell-off earlier in the week. BTC/USD – Daily Chart. Bitcoin (BTC) is trading at $12,016 at the time of writing. This is to say that the bullish gains of yesterday have been erased by the downward movement of the coin. Bitcoin’s price is $11,763.66 BTC/USD exchange rate today. The real-time BTC market cap of $217.09 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $4.38 Billion and live coin value change of BTC 0.71 in the last 24 hours.. Bitcoin Price: Live BTC/USD Charts, History Analysis Updates and Real-Time Coin Market Value Data
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