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AXenS is a secure and curated digital market place to provide both liquidity and efficiency to the import-export supply chain. It is a place that is trade-focused from the ground-up and that is secure not only by cutting-edge cryptography but also by customizable trust models, which make it possible to guarantee both the data privacy and auditability required by the many players in the industry.
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.
06-24 13:34 - 'I only trade cryptos now. Traded stocks and options for years. I enjoy cryptos more but might return to option trading. / I buy, short and stake! / I might start setting aside some BTC for long term as it seems to be th...' by /u/Rey_Mezcalero removed from /r/Bitcoin within 640-650min
''' I only trade cryptos now. Traded stocks and options for years. I enjoy cryptos more but might return to option trading. I buy, short and stake! I might start setting aside some BTC for long term as it seems to be the fad nowadays but for now making opportunities where i see fit. As for exchanges. Kraken all the way baby! ''' Context Link Go1dfish undelete link unreddit undelete link Author: Rey_Mezcalero
Don't fall for the Bitcoin is not a safe haven bs going around. Safe havens like Gold have cycles and short term trading moves. Bitcoin is going to shine in these unfortunate scenarios. Get some perspective Bitcoin has almost doubled in the last 12 months. Screenshot this!
Has Bitcoin Gone for a Random Walk?This analysis will look at bitcoin’s cycles of volatility and stability to identify trading strategies during random walks. Background Information What is Random Walk Theory? A random walk is a large pattern that is formed by the cumulative effect of small changes. This is often applied in finance to mean the price of an asset ‘drifting’ in a particularly direction, with no major price swing being the sole cause. Consequently, price changes appear to be random and hard to predict. What do random walks have to do with bitcoin? Although bitcoin is (in)famous for its volatility, the price has been through two periods of random walks. These periods are the majority of 2012 and the second half of 2014. Why should bitcoin traders care about random walks? As our analysis shows, traders should adopt different trading strategies when bitcoin enters phases of random walks. Namely, keeping positions open for longer and using more leverage can help traders earn returns during random walks. This is because price changes are less sudden and smaller, requiring greater patience and more funds to achieve the same profits enjoyed outside of random walks. Bitcoin Technical Analysis Introduction to analysis This analysis was made using a Random Walk Index (RWI) and the Chart Mill Value indicator (CVI). The RWI measures the strength of market movements by comparing price movements to acceptable trading ranges. Thus a small price movement can be explained by random walk, while larger movements are part of a larger market trend. The CVI identifies price ranges that are over-bought or over-sold. Relying on moving averages to identify extreme price deviations is less accurate because a long-term price deviation is hidden when the moving average follows the price closely. This happens frequently during random walks. In contrast, the CVI divides the spread by the average true range to give more accurate results. The TradingView scripts were written by LazyBear. This author highly recommends following LazyBear on TradingView and thanks him for his scripts that made this analysis possible. LazyBear’s extensive range of scripts can be downloaded here. Long-term bitcoin analysis http://i.imgur.com/q59bCLo.png One should read this chart from the bottom to the top. RWI chart Starting from the bottom of the chart, the RWI is plotted with a red line for price highs, and a blue line for price lows. When these two lines are closer together, the price is less volatile — thus, price movements are much more likely to be a result of random of walk. Conversely, when the two lines are further away, price changes are more likely to be driven by market trends, particularly greed-fear cycles. When the RWI of price highs (red line) is above 1, there is a good chance of a sustainable rally. However when the RWI of price lows (blue line) is above 1, there is a good chance of a deep correction. A trader can use these indicators in the same way that moving averages are used to identify bullish or bearish trends. The histogram above this simply presents the same data on just one scale. A key observation from this RWI chart is that crossovers appear to be consistent indicators of an incoming change in price direction. It looks like the next crossover will occur in late March 2015, which is shown by the RWI chart; this is consistent with support/resistance levels. Logarithmic chart It is apparent that bitcoin enters phases of bubbles, separated by random walks. This becomes more clearer when charting basic long-term support and resistance levels. With a good degree of fit, it looks as if there is a channel in which bitcoin enters a random walk. When the price drifts out of this random walk channel, it is because of a significant market trend. The price breaking out of this channel is a very bullish sign, with further gains to be made in most occasions. This random walk channel theory provides good evidence for bitcoin’s price following a biennial (two year) cycle: a volatile year, and then a year of random walk. If one were to add data from Mt. Gox, a biennial cycle is even clearer: 2011 — Price rally 2012 — Positive random walk 2013 — Two price rallies 2014 — Negative random walk If this pattern holds true, one can expect 2015 to feature a price rally, followed by a positive random walk in 2016. Let’s take a look at how this information can be used for short-term bitcoin trading. Short-term bitcoin analysis http://i.imgur.com/OUbon8s.png This chart should be read from the top to the bottom. Logarithmic chart The top price chart simply examines the price directly before and after entering the random walk channel. The trend line being broken in July is when bitcoin starts the random walk. By simply looking at the chart, the price exhibits more gradual price movements, which are indicative of a random walk, after July. Up to July, the price is much more volatile. RWI chart This time the RWI chart is using seven periods (days in this case) to assess short-term volatility. It is interesting to see that there are fewer large price movements — defined as movements greater than a RWI of 4 — after the price starts its random walk. Before July, the price mostly changes direction at a RWI of 4. After July, volatility rarely exceeds a RWI of 3. A trader can use this RWI chart to time the opening and closing of short positions. Namely, when the RWI of price lows (blue line) is increasing and moving towards a RWI of 3, a short position should be opened. When a RWI of 3 is reached, the position should be closed. This is the acceptable range of price movement within a random walk, and the market is likely to start correcting at this point. CVI chart The CVI chart identifies over-bought/sold prices with greater accuracy than moving averages. Unfortunately, since bitcoin entered the random walk, there is less scope to profit from a less volatile price. This means that in percentage terms, traders are likely to be experiencing lower returns since July. However, traders can still achieve the same returns in BTC. If leverage / margin trading is used, the same profits in BTC can be made because the trader is using more funds to compensate for the lack of volatility. If the volatility drops by 50%, trading with 100% larger positions will lead to equal gains of BTC. Furthermore, beginner traders could benefit from using a simple CVI chart to time entry and exit positions. By trading to this chart, emotions can be removed from trading decisions, leading to buying when the price is low and selling when the price is high. This method helped BTC.sx CEO turn $100 into $200,000. Conclusion The purpose of this analysis has been two-fold: one, analyse whether bitcoin is following a random walk; two, provide trading recommendations. The key trading recommendations can be summarized as follows:
Watching the long-term RWI chart for crossovers can help traders find the start of bullish or bearish price trends.
Significant levels of price volatility is not expected until late March 2015.
When the RWI of price lows (blue line) is increasing and moving towards a RWI of 3, a short position should be opened. When a RWI of 3 is reached, the position should be closed.
The CVI chart can be used to time the opening and closing of positions with greater accuracy than moving averages.
To compensate for the lack of volatility, consider trading with leverage.
BITCOIN is moving up ! If BTC go up altcoins go down !! If BTC go down alcoins go more down ! So why you want to keep alcoins for long term !! Is better to be in BTC !! I learned in the hard way ! Never alcoins for long term again just short term trading to have more BTC ! with the 5% of my BTC !!
If the whale short-term traders wanted to make easy money, couldn't they just bull trap everyone inside the $6,000 to $10,000 Bitcoin trading range via an unending loop forever?
I was thinking, which really hurts by the way, but bear with me for a moment here. If the high-frequency bots that do all the trading, and all of us watching the same technical analysis charts all day, what if, and I mean a really big "what if" we continued trading in the range of $6,000 to $10,000 forever. The short-term traders would never need to do anything else, but Bitcoin would never ever go up, in fact it would stay at the same ranged price forever... is this a possible scenario, because it seems to be working for the short-term traders so far?
Bitcoin Price Analysis: BTC Trading Within Short-Term Trading Range — Can the Bulls Push the Market Above the $3,569 Handle? https://goo.gl/2vZNqx - Crypto Dynamic Info - Whales's
Posted at: February 4, 2019 at 01:21PM By: Bitcoin Price Analysis: BTC Trading Within Short-Term Trading Range — Can the Bulls Push the Market Above the $3,569 Handle? https://goo.gl/2vZNqx Automate your Trading via Crypto Bot : http://bit.ly/2GynF9t Join Telegram Channel for FREE Crypto Bot: Crypto Signal
12-13 08:22 - 'If you were trading crypto, every time you traded, you incurred a capital gain or loss. And given the timeframe it was all short term. If you didn't specify something other than FIFO, then you are FIFO. That's the defa...' by /u/Mr_Deep_Research removed from /r/Bitcoin within 58-68min
''' If you were trading crypto, every time you traded, you incurred a capital gain or loss. And given the timeframe it was all short term. If you didn't specify something other than FIFO, then you are FIFO. That's the default method for the IRS unless you specify otherwise. For stock trading (yes, Bitcoin is property not stock), I need to explicitly convert my account to LIFO to sell LIFO. So, unless you told the exchange you were something other than FIFO, you are FIFO. This guy kind of agrees with me: [[link]2 I'd just do FIFO and then its a straight forward calculation. No choices to make. And if I were you, I'd sell everything and get out of these stupid pyramid schemes. But that's me. I don't like to entrust my assets to a small group of nutty developers who can't get along and a few Chinese miners I have no legal recourse against. Your private keys are not your coins. Your coins are on a distributed ledger you have no control over. You hope your keys give you access to that ledger but you have to go through the miners. And the rules of the game can be changed at any time by the devs and there's nothing you can do about it. And I'm not even starting with untrustworthy exchanges, tax problems, scams and hacks. ''' Context Link Go1dfish undelete link unreddit undelete link Author: Mr_Deep_Research 1: brav*n*wco*n.com/***ights*c*pital*ga*ns*on-cryptocurrency-*if*-lifo**r**p**ific-i**nti*icati** 2: *rav*n*wc**n.com*insig*ts/ca*ital-ga**s*on*cry*tocurre**y*fifo*lifo-o*-specific-*d*n**f*catio*]^^1 Unknown links are censored to prevent spreading illicit content.
Shorting Bitcoin is trading against a long-term uptrend; the longer you the trend remains, the riskier this becomes. One thing to remember – the maximum profit potential of a short is limited to a Bitcoin price of 0, whereas buyers have no limit on their profit. [Featured content] Cryptocurrency derivatives are becoming more and more popular as the market continues to enjoy increased retail attention. Back in June, CryptoPotato reported that the monthly trading volume for cryptocurrency derivatives hit a new all-time high (ATH) with over $602 billion traded in a month. In the first quarter of 2020, Bitcoin-oriented products accounted […] The rise in volatility has made the cryptocurrency market a very competitive space as every coin strives to make the most of the active market. Bitcoin, the largest digital asset has been also a spectator of sudden volatility pushing it to a yearly peak of $12,400 on 17 August. After the sudden boost in volatility, […] Bitcoin Short Term Price Analysis: July 05 2020 Bitcoin experienced a bearish trend that pushed its price from $9,216 to below $9,000 for a brief moment. As the coin moves sideways on a $9,016 support, the battle between bears and bulls continues. 2. Day-trading bitcoin. When you make short-term investments, you buy BTC at the low point and sell it when it’s high, and you repeat this action many times throughout the day as the price changes. How to perform cryptocurrency trading on BestRate.org. To trade Bitcoin you cans use BestRate.org, as it is really reliable and easy to use.
David Cheetham: Short-Term Bitcoin Trading Strategies
The reasons are obvious – there are far fewer institutional players, banks, hedge funds and big-hitting algorithms trading Bitcoin and the alt-coins than there are trading GBPUSD or Apple shares. Hello Friends aaj ke is video me maine Bitcoin short term price analysis karke bataya hai ki kya Bitcoin ka price 6200$ ja sakta hai ya 10000$ ja sakta hai aap video pura jarur dekhna Thanks ... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin trading is the act of buying low and selling high. Unlike investing, which means... Short-Term Bitcoin Trading Part 2/3 - Muathe RSI Uniformity - #1063 - Duration: 2:29. Eric Muathe 109 views. 2:29. Short-Term Bitcoin Trading Part 3/3 - RSI 30.9 Implications - #1064 ... Trading Bitcoin - Looks Like Short-Term Tops for $SPX & $BTC are IN! 👉 Subscribe so you don't miss the next one: http://bit.ly/2QKVDdV SAVE THE DATE! Novembe...