Jump to content

Bitcoin halving event


Recommended Posts

  • Replies 112
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Popular Posts

Hi all - just a note that we've created a specific bitcoin halving events page which you can see here. This will likely be more for clients who are new to trading bitcoin with IG, or are newly interes

Coining it?                   Dull it aint. Bitcoin that is. 10% swings, often in a day. Pumping up the price and deflating it like a giant balloon. Price doubled in 3 months. But then again it d

This is an interesting log scale (2 weekly) chart published end of Jan 19 on bitcoin price in relation to halving dates. Current 1 week chart below that.  

Posted Images

2 minutes ago, cryptotrader said:

i don't get it. 

How is there any basis in that price action? 

That's what made me laugh in the first place but the first 40 days is a tight fit, god knows why he thought of doing it at all, it must be some weird new cult TA technique that when adopted by the many will become a self fulfilling prophesy (like most of the others), don't forget you saw it here first 😉 

  • Like 1
Link to post

Hi all - just a note that we've created a specific bitcoin halving events page which you can see here. This will likely be more for clients who are new to trading bitcoin with IG, or are newly interested in the bitcoin halving event which is likely to take place in May 2020. 

To make sure we've not been left out we have our own BTC log scale showing the cryptocurrency price over the last couple of halving events. ;) Over the next 18 months or so we will be putting out a number of interviews, videos, podcasts, and content pieces which may be more relevant to those on Community. I'll make sure to update you all.

1560426774449.png

  • Like 1
  • Great! 1
Link to post
23 minutes ago, ha05230 said:

What is the spread on Bitcoin? On my spread betting it’s 50, but looking at the other topic (crypto 10) and from forum replies it’s supposed to be lower. Why is there a discrepancy?

@JamesIG

hey - spread (in the same way as for FX, futures and shares) are variable based on the underlying liquidity and any market volatility. At the moment I can see that BTC is 50, however earlier today it was 38. 

Link to post
6 minutes ago, Caseynotes said:

BTC bounces back up off 9688 to 10160 on the 9am 1 hour candle.

image.thumb.png.c6dcc265e58237fc699654563cd1cb83.png

Trading channel is too wide to work out accurate support and resistance level- is the bounce short covering? 10000 seems to be critical.

Link to post
9 minutes ago, FFS_Daytrader said:

Trading channel is too wide to work out accurate support and resistance level- is the bounce short covering? 10000 seems to be critical.

I think there was a lot of short covering as the move lost momentum in the 3 hourly candles after the pump down candle and the bears may try to have another go around here 10280.

image.thumb.png.06df01ead22fb7b0bdc744eaf4330921.png

 

Link to post
2 hours ago, Caseynotes said:

I think there was a lot of short covering as the move lost momentum in the 3 hourly candles after the pump down candle and the bears may try to have another go around here 10280.

image.thumb.png.06df01ead22fb7b0bdc744eaf4330921.png

 

BTC retesting the recent low, now at 9760.

H1 chart;

image.thumb.png.7e0e021b0ce8168c40bc04f477da359a.png

Link to post
17 minutes ago, TheGuru12 said:

https://www.zerohedge.com/news/2019-07-02/bitcoin-slumps-below-10k-cme-futures-interest-soars-record-high

 

People are clinging to hope, Whilst others are fighting to get to the exit. It's stuff like this that makes life exciting 😄 

Need I say any more...10000 level is as important as Back to the Future 1955 time continuum (all roads lead back there!)

Link to post

Recent support at 11601 with resistance at 12033 which is the bottom edge of a key resistance zone. Waning momentum suggests time for a move lower unless the bulls can rally.

image.thumb.png.73cf862ded21aa63311c614a0160da83.png

Edited by Caseynotes
Link to post
On 06/05/2019 at 13:54, Caseynotes said:

This is an interesting log scale (2 weekly) chart published end of Jan 19 on bitcoin price in relation to halving dates. Current 1 week chart below that.

image.thumb.png.e28e23907a207f0080f3d0bc7dd1255d.png

image.thumb.png.c9a7187bc190f8bdc7bc0f4117465636.png

 

image.thumb.png.b4b72dc83896ef16ae873020143dc9c3.png

Just to update that Log scale weekly chart from the Original Post of the thread.

Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • General Statistics

    • Total Topics
      15,437
    • Total Posts
      74,000
    • Total Members
      62,375
    • Most Online
      7,522
      10/06/21 10:53

    Newest Member
    Paulml
    Joined 19/06/21 11:22
  • Posts

    • GREAT CONUNDRUMS OF OUR TIMES:   1/ The WHO, having originally said it wanted a ban on alcohol for pregnant women now proposes the ban should apply to all women of childbearing age.  | BPAS HOWEVER, the WHO also says it's perfectly fine to inject pregnant women with an experimental vaccine. 🤔   2/ THORPE PARK says; ''in line with our ride restrictions, all our guests who are mask exempt are required to sit in the row farthest to the back to reduce the risk of air transmission aboard our attractions.''  BUT, as @dontbetyet points out, ''The risk of a ride malfunctioning and someone being injured / killed is a greater risk to someone in the theme park than outdoor transmission. Therefore it would be prudent for THORPEPARK to shut for good as the risk is far too great!''  🤔   OR THIS; 3/   OR THIS; 4/ You're the head of the NHS and are asked for your thoughts on Mad Matt Hancock - what do you do? 🤔     .      
    • This is how you do it. China went to near zero cases simply by changing the definition. To have a disease you must have symptoms, it is the very definition of having a disease. You need to have symptoms in order to be infectious (be productive of virus in droplets or aerosol). To be infected does not mean you have the disease nor that you might be infectious because you might have immunity which kills the infection and prevents you catching the disease and having symptoms.     h/t  david @davinci_mora   Unfortunately this is all too complicated for our govt's ''scientific experts'' (half of whom are psychologists) to understand so it's forever onward with Project Fear.    
    • This weekend don't forget the rules to SAVE LIVES!!!!!   ... unless of course you happen to be going to Ascot 👍
×
×
  • Create New...