[01-07-2018] BTC is BULLISH today ! higher highs ahead ! [The Daily Bitcoinbarometer Forecast]

in #bitcoin7 years ago

Bitcoinbarometers Forecast: Is Bitcoin BULLISH, BEARISH or NEUTRAL today?


Welcome to Bitcoinbarometers Forecast , the first, the original and the only of its kind!



https://steemitimages.com/DQmVTrJPA2RLJF8fbTY3u7AovABG9V5Dp3kRL78oxj8K6V



Bitcoinbarometer is here to present you the daily forecast of Bitcoins price trend. I compare several analysis methods to gain the most likely Bitcoin trend for the upcoming hours.



Result: 12 Bullish | 5 Neutral | 1 Bearish




Analysis in Detail



Level 3


Haejin

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Klick for detailed technical analysis


Cryptopassion

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Klick for detailed technical analysis


Bitcoincompany | Cura | Briggsy | EW-and-patterns | Goldgoatsnguns | crypto-investor | |

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Briggsy


Sarah Jenn from newsbtc.com

MISSING INFORMATION

Klick for detailed technical analysis


Economies.com

MISSING INFORMATION

Klick for detailed technical analysis



Level 2


Tradingview.com

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Investing.com

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Bitcoinforecast.com

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Level 1



Cointracking.info Bitcoin price per weekday

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Cointracking.info Bitcoins interest in the past 90 days

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Plus500.com

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Based on whoes analysis? (Sources: 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13 , 14 )

Level 3:


Haejin is providing daily technical analysis based on a combination of chart pattern recognition and Elliot Wave theory. This man is predicting price trends extremly accurate and is one of the best in his job.


Cryptopassion is also delivering good technical analysis, most oftenly on a daily basis.


The following Steemit users are also delivering from time to time bitcoin technical analysis, which will become implemented whenever they recently posted a Bitcoin forecast: Bitcoincompany , Cura , ew-and-patterns , goldgoatsnguns , crypto-investor , Briggsy


Sarah Jenn (newsbtc.com) is also taking economic factors and news into consideration when predicting Bitcoins future price


Economies.com is also providing a daily bitcoin chart analysis service, based on candle sticks and fibonacci levels



Level 2:


Tradingview.com delivers fresh MACD analysis


Investing.com delivers analysis through Technical Indicators and Moving Averages


Bitcoinforecast.com provides a forecast for the Bitcoin price on the biggest exchanges based on past performances on these exchanges



Level 1:


Cointracking.info provides analysis through the average bitcoin price per weekday and implemented a chart that reflects the overall interest of Bitcoin



Each of these analyzes representing a vote, it is either bullish, bearish or neutral. There are three different levels of voting strength. Level 3 contains all technical analysis made from humans, Level 2 is reserved for strong forecast algorithms and data that is derived directly from trading data. Level 1 represents additional information based on historical data. All votes summed up will deliver the bitcoin trend forecast for the upcoming hours!


Disclaimer: The analyzes shown and compared above, are neither a buy/sell recommendation nor do I claim any rights on them. The analyzes are not my intellectual property, I only gather them to find out the upcoming most likely trend of Bitcoin!



Did you find this forecast helpful? Then consider to upvote, resteem and hit the follow button to receive daily technical price forecasts of Bitcoinbarometer

“Bitcoin is the Sun of the Cryptosphere, always in the center of all movements.”

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Bitcoinbarometer wishes a pleasant and profitable day!

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This is so awesome. I don’t think I’ve ever seen so much technical analysis on one page. Lol

how do you think about the price of sbd and steem in early 2018 this?

sbd is preparing for a jump to maybe as high as 30$, but not without corrections. Steem should rise to around 14$ as well in the upcoming weeks if there is no major correction in this bullmarket right now.

https://steemit.com/sbd/@ew-and-patterns/sbd-update-06-01-18-triangle-completed

https://steemit.com/steem/@ew-and-patterns/steem-update-05-01-17

or head up to @Haejin blog for more infos.

Are you sure?

no one is sure, its a matter of what is the most likely pathway and what could the alternates be. Everyone has to make his own research and no one should rely on the opinion of others.

I have invested in Ripple, Verge and NXT. How high do you think are they gonna go in 3 months? Will they give rise 100%?

Ripple could either be a pump and dump or stabilize at the current price and go even higher, nevertheless is ripple the coin with the most gains in 2017, which will most likely not continue in 2018. Verge had a immense bullrun in december, it could double again in the near future and then following a huge correction. NXT pumped aswell, but not so hard as ripple or xvg.

Look up for the following longer term investments and make your own research: Bitshares!, Ethereum, POWR, Litecoin, BAT... that would be some great long term investment in my opinion (i am a holder of these coins by myself)

Cool!! Thanks for the information. I am new to cryptocurrency and I am doing lots of research in these holidays.

Ur welcome, don't invest more than you can't afford to lose my friend. Anything can happen in the cryptosphere, massive gains on the one hand and massiv losses on the other hand.

While the bitcoin rises, someone is trying hard to hack and then again, we will see the steep drop. Thanks to the hacker, I can buy again.