It Looks Like the Bitcoin Bull is Intact!

in #bitcoin7 years ago (edited)

What an Exciting Way to Start Bitcoin Trading this Week.

It appears that Bitcoin has finally broken through its trend. This bodes well for the whole Crypto Currency market. Now if only the devs can stop having a power struggle we could get on with this bull market.

Bitcoin has Broken Out of this Pattern.

I Trade Futures on Bitmex

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Since I Began Writing this Post 5 Minutes Ago We Are Up $30 on the September 29 Futures!

Update 10 Minutes after publishing the futures are at $2600.

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RandyHilarski Randy Hilarski tweeted @ 03 Jul 2017 - 13:27 UTC

It Looks Like the #Bitcoin Bull is Intact!
@Steemit
steemit.com/bitcoin/@hilar… https://t.co/rXSioiwZkC

Disclaimer: I am just a bot trying to be helpful.

Yes, it's definitely becoming bullish again.

I would be surprised if it gets back up to its all time highs though...Well with crypto currency, nothing really surprises me now lol.

I feel like it's been really deceptive this runup. Keeps headfaking like it's going bear then back to bull.

Kid's got moves these days.

It makes sense, because if it behaved the same way every time it had a bull run, people would learn to anticipate it and it has to evolve somehow.

Don't worry buddy :) were hanging tight and taking the upwards flight! ✈️
Btc is gona do well till the hard and soft fork.. Until then we have nothing to fear.. Afterwards the unknown aspect will me n play.
But hopefully btc does well in the future as it's helping people and changing life's around the world 🌍
Cheers and thanks for the heads up on the market.

I think the whole crypto currency community Was waiting on just this

Looks like it's finally busting out of that wedge pattern, to the upside! Today's candle close will be important.

Yup, we needed to break out of that trend, now we need to sustain it.

Using my Elliot Wave knowledge i am pretty sure that the correction is not over yet. Yesterday i predicted the move up from today in my last Post. So as this pattern unfolds i predict a new low incoming between 1900 and 1800 before we see a strong bullmarket again. EW is not perfect, but i have been using it for years for predicting when a correction is over.

Great... we will look back at this summer and likely have bitcoin harvest parties.. we are in history right now!!

Bitcoin bearish sentiment is finished, bull run has now began and let's hope it don't stop till it crosses $5000 mark...

Absolutely. I always love seeing a Bitcoin bull trend when I wake up in the morning. Then again, being embedded in the crypto-journalism space, I always see condemnations of bitcoin being too much like "tulips." lolz

This is insane. I love the green candles!

Very good article of truth that I liked a lot of successes and thanks for the story

Straight to the moon! You see EOS today? SHESH! lol

Yup, this market is about to get lit up.

Bitmex is a lot better now than it used to be although not traded for over a month. Beware the super efficient sweeping stop loss bot. I can't prove this but certainly feels that way when you correctly guess the price direction and get margin called anyway. Would you be open to recording your trading and posting doesn't have to be live although i can understand if you want to keep that stuff private.

I would prefer not to do that. I take screenshots and that is about it. I am very wary of Bitmex when I have large positions so I keep it at 2X and trade super safe.

Yeah, low margin is another way to prevent the sweeping bot or whatever it is. I wish you could use another crypto rather than BTC for depositing as fees are crazy for people like myself who has <0.1 BTC to trade. Watched a guy who always posts screens of his daily profit scalping tiny movements in price but when i tried it margin call :)

I think the The Bitcoin protocol has immense intrinsic value as a self-regulating frictionless payment network affordable to almost anyone. Here is a technology that allows anyone to send any amount of money to anyone else in the world at virtually no cost with nothing more than an Internet connection or smart phone. Bitcoin, like the Internet, is one of those innovations that can break down barriers; information barriers in the case of the Internet, and financial barriers with Bitcoin.”
Through rose-tinted glasses, Bitcoin can do no wrong. It is a currency that is free of central bank control, is decentralized, and it has proven that it can serve as a store of value for people who lose trust in their national currency (Greece, for example). However, the supply of every currency is controlled by some function, and in the case of the Bitcoin it is through the process known as "mining." In layman's terms, Bitcoin mining is the only way to introduce new currency to the marketplace, and it is performed by "miners" who use expensive software to solve math problems in exchange for the currency., and thanks for your this great posts i really like it keep it up dear you people are the real hardworkers who made these stuffs for us

is nanohash true to be a new group of hardworkers from iceland rusia and germany? https://steemit.com/bitcoin/@quantumdragon/nanohash-bitcoins-real-1

I will wait the closing of the candle on the daily chart to confirm the break out!

May have been a false break out :)

Anyway, I always buy BTC :)

Congratulations!

What do you think of EOS coin?
@ch00fy

I actually don't think much about it. I don't buy ICO's anymore.

It soon go up more :)

Finally another uptrend! Whoot for Crypto!!!!

Thanks. Dollar weakness that is driving bitcoin. This is expected to continue, since the dollar will likely continue its drop.

This is good news!

Great! Let's see what's going to happen!

Here we go again, hope you guys did not sell your coins!

Have trust in Bitcoin

it's broken out and on the rise now. muhahaa

Nice share my frirnd @hilarski.
I always waiting your post.
May I resteem it?
I like it so much
I have upvoted and followed you.

Very nice article for someone like me that is still slightly ignorant with regards to the in's & out's about Bitcoin.

Thank you Sir

Off to the races and steemit too thanks.

🙌🏻
A beginning to a great week!
Lovely Monday to you⭐️

Some good news for a Monday @hilarski still smiling!

To the mooooonnn

Bitcoin is moving perfectly into corner of symmetrical triangle and last time it did same thing and went from 1800 to 2600. Lets see if it can repeat the same.

Now that would be exciting because I was actually caught off guard last time.

Its bitcoin to the moon ...$3,000 lets go

Yay! I love good news 👏❤ resteemed

This is good news.

That's great news for the crypto world !

If bitcoin went up, then should the alto go up?

Not immediately but overall and over time yes.

Yes hilarski i see bitcoin this week at 2700

Same thoughts here! Lets see what's going to happen hehe!)
I wonder what's Bitmex, do you recommend this platform?

Only use Bitmex if you are not greedy. You can use leverage. I only trade at 2X.

I'm glad that the markets have recovered.
I was expecting it to recover but there was a lot of talk and speculation that the bearish market would continue.

Oh look! The comment machine! :]]] I'm still bearish BTW :]

Yup, I just held onto my long position for dear life and now I am nicely in the green.

Nice chart mate! Where did you get the chart from?

Use Coinigy, their charts are great. This one was from a friend.

I never lost faith in Bitcoin and I never will.

What happen now...??

Anything can happen but the markets have decided that the trend will continue no matter how much the devs fight.

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