Analyst: Bitcoin (BTC) Likely to Pump Once More Before Significantly Retracing

News feeds from various cryptocurrency informational sources.

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Admin
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Tue Apr 09, 2019 5:12 am

Bitcoin has been able to maintain nearly all of its recent gains it has incurred over the past week and has been able to maintain stability around its monthly highs of $5,300. This positive BTC price action has led to an influx of capital into other cryptocurrencies, generating gains that have led many analysts to declare the “Crypto Winter” over.

Despite the celebrations regarding the end of a long and arduous bear trend in the crypto markets, one prominent analyst believes that it is still too early to get excited, as Bitcoin may make one more large upwards push before hitting a significant resistance level that will lead to what he describes as a “significant retrace.”

At the time of writing, Bitcoin is trading up nearly 2% at its current price of $5,240 and is only trading down slightly from its recently established highs of $5,300. BTC is currently up significantly from its monthly lows of $3,800.

Although Bitcoin is showing few clear signs of making any bearish price movements in the near-future, Josh Olszewicz, a popular cryptocurrency analyst on Twitter, recently explained that he does see a bear division building over a higher time zone.
“4h $BTC: as others are point out… RW + bear div building into high TF res… 50% = $4750,” he concisely noted, bearishly explaining that a retrace towards $4,750 could be imminent."
Despite this, Olszewicz further added that Bitcoin could very well continue to surge, drawing a parallel between BTC’s current price action and Litecoin’s overwhelmingly bullish price action last month.
“Important to note that probability of reversal is high, but continuation is not impossible. $LTC had the same setup last month and just kept going. I’ll be closing longs up here and won’t be short, would much rather have bids on the book than get bulldozed by bull continuation,” he explained."
Although Bitcoin may be laying the groundwork for continuation of its recent bullish price action, one analyst believes that BTC will see a significant retrace in the near-future.

Lucid TA, another popular crypto analyst on Twitter, recently explained this postulation, saying that he expects the cryptocurrency to make one more push upwards towards $5,800 before it faces significant resistance that pushes it back down towards $4,500.
“Most likely scenario in my view is that we see another pump before a significant retracement. Modestly on $BTC (around $5550 on Coinbase), though *much* more significantly so on alts. Invalidated if $5052 breaks (CB),” he said."
As the week continues on and the market’s price action continues to unfold, traders will hopefully gain a better understanding of whether or not the long-lasting “Crypto Winter” is truly over, or if the bears still have more ammunition to push the markets lower.
wonai
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Joined: Thu May 23, 2019 5:48 am

Mon Jul 01, 2019 12:06 am

This simple setup is within reach of almost all users and can fulfill the needs of many clients. From an accounting perspective, it's especially suitable for reducing overhead and adding transparency.
Admin wrote:
Tue Apr 09, 2019 5:12 am
Bitcoin has been able to maintain nearly all of its recent gains it has incurred over the past week and has been able to maintain stability around its monthly highs of $5,300. This positive BTC price action has led to an influx of capital into other cryptocurrencies, generating gains that have led many analysts to declare the “Crypto Winter” over.

Despite the celebrations regarding the end of a long and arduous bear trend in the crypto markets, one prominent analyst believes that it is still too early to get excited, as Bitcoin may make one more large upwards push before hitting a significant resistance level that will lead to what he describes as a “significant retrace.”

At the time of writing, Bitcoin is trading up nearly 2% at its current price of $5,240 and is only trading down slightly from its recently established highs of $5,300. BTC is currently up significantly from its monthly lows of $3,800.

Although Bitcoin is showing few clear signs of making any bearish price movements in the near-future, Josh Olszewicz, a popular cryptocurrency analyst on Twitter, recently explained that he does see a bear division building over a higher time zone.
“4h $BTC: as others are point out… RW + bear div building into high TF res… 50% = $4750,” he concisely noted, bearishly explaining that a retrace towards $4,750 could be imminent."
Despite this, Olszewicz further added that Bitcoin could very well continue to surge, drawing a parallel between BTC’s current price action and Litecoin’s overwhelmingly bullish price action last month.
“Important to note that probability of reversal is high, but continuation is not impossible. $LTC had the same setup last month and just kept going. I’ll be closing longs up here and won’t be short, would much rather have bids on the book than get bulldozed by bull continuation,” he explained."
Although Bitcoin may be laying the groundwork for continuation of its recent bullish price action, one analyst believes that BTC will see a significant retrace in the near-future.

Lucid TA, another popular crypto analyst on Twitter, recently explained this postulation, saying that he expects the cryptocurrency to make one more push upwards towards $5,800 before it faces significant resistance that pushes it back down towards $4,500.
“Most likely scenario in my view is that we see another pump before a significant retracement. Modestly on $BTC (around $5550 on Coinbase), though *much* more significantly so on alts. Invalidated if $5052 breaks (CB),” he said."
As the week continues on and the market’s price action continues to unfold, traders will hopefully gain a better understanding of whether or not the long-lasting “Crypto Winter” is truly over, or if the bears still have more ammunition to push the markets lower.
alayemi
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Posts: 144
Joined: Thu May 23, 2019 5:44 am

Mon Jul 01, 2019 6:12 pm

The signature also prevents the transaction from being altered by anybody once it has been issued.
wonai wrote:
Mon Jul 01, 2019 12:06 am
This simple setup is within reach of almost all users and can fulfill the needs of many clients. From an accounting perspective, it's especially suitable for reducing overhead and adding transparency.
Admin wrote:
Tue Apr 09, 2019 5:12 am
Bitcoin has been able to maintain nearly all of its recent gains it has incurred over the past week and has been able to maintain stability around its monthly highs of $5,300. This positive BTC price action has led to an influx of capital into other cryptocurrencies, generating gains that have led many analysts to declare the “Crypto Winter” over.

Despite the celebrations regarding the end of a long and arduous bear trend in the crypto markets, one prominent analyst believes that it is still too early to get excited, as Bitcoin may make one more large upwards push before hitting a significant resistance level that will lead to what he describes as a “significant retrace.”

At the time of writing, Bitcoin is trading up nearly 2% at its current price of $5,240 and is only trading down slightly from its recently established highs of $5,300. BTC is currently up significantly from its monthly lows of $3,800.

Although Bitcoin is showing few clear signs of making any bearish price movements in the near-future, Josh Olszewicz, a popular cryptocurrency analyst on Twitter, recently explained that he does see a bear division building over a higher time zone.
“4h $BTC: as others are point out… RW + bear div building into high TF res… 50% = $4750,” he concisely noted, bearishly explaining that a retrace towards $4,750 could be imminent."
Despite this, Olszewicz further added that Bitcoin could very well continue to surge, drawing a parallel between BTC’s current price action and Litecoin’s overwhelmingly bullish price action last month.
“Important to note that probability of reversal is high, but continuation is not impossible. $LTC had the same setup last month and just kept going. I’ll be closing longs up here and won’t be short, would much rather have bids on the book than get bulldozed by bull continuation,” he explained."
Although Bitcoin may be laying the groundwork for continuation of its recent bullish price action, one analyst believes that BTC will see a significant retrace in the near-future.

Lucid TA, another popular crypto analyst on Twitter, recently explained this postulation, saying that he expects the cryptocurrency to make one more push upwards towards $5,800 before it faces significant resistance that pushes it back down towards $4,500.
“Most likely scenario in my view is that we see another pump before a significant retracement. Modestly on $BTC (around $5550 on Coinbase), though *much* more significantly so on alts. Invalidated if $5052 breaks (CB),” he said."
As the week continues on and the market’s price action continues to unfold, traders will hopefully gain a better understanding of whether or not the long-lasting “Crypto Winter” is truly over, or if the bears still have more ammunition to push the markets lower.
gurumaster
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Joined: Wed May 22, 2019 12:37 pm

Mon Jul 01, 2019 7:35 pm

Mining also creates the equivalent of a competitive lottery that prevents any individual from easily adding new blocks consecutively to the block chain.
Admin wrote:
Tue Apr 09, 2019 5:12 am
Bitcoin has been able to maintain nearly all of its recent gains it has incurred over the past week and has been able to maintain stability around its monthly highs of $5,300. This positive BTC price action has led to an influx of capital into other cryptocurrencies, generating gains that have led many analysts to declare the “Crypto Winter” over.

Despite the celebrations regarding the end of a long and arduous bear trend in the crypto markets, one prominent analyst believes that it is still too early to get excited, as Bitcoin may make one more large upwards push before hitting a significant resistance level that will lead to what he describes as a “significant retrace.”

At the time of writing, Bitcoin is trading up nearly 2% at its current price of $5,240 and is only trading down slightly from its recently established highs of $5,300. BTC is currently up significantly from its monthly lows of $3,800.

Although Bitcoin is showing few clear signs of making any bearish price movements in the near-future, Josh Olszewicz, a popular cryptocurrency analyst on Twitter, recently explained that he does see a bear division building over a higher time zone.
“4h $BTC: as others are point out… RW + bear div building into high TF res… 50% = $4750,” he concisely noted, bearishly explaining that a retrace towards $4,750 could be imminent."
Despite this, Olszewicz further added that Bitcoin could very well continue to surge, drawing a parallel between BTC’s current price action and Litecoin’s overwhelmingly bullish price action last month.
“Important to note that probability of reversal is high, but continuation is not impossible. $LTC had the same setup last month and just kept going. I’ll be closing longs up here and won’t be short, would much rather have bids on the book than get bulldozed by bull continuation,” he explained."
Although Bitcoin may be laying the groundwork for continuation of its recent bullish price action, one analyst believes that BTC will see a significant retrace in the near-future.

Lucid TA, another popular crypto analyst on Twitter, recently explained this postulation, saying that he expects the cryptocurrency to make one more push upwards towards $5,800 before it faces significant resistance that pushes it back down towards $4,500.
“Most likely scenario in my view is that we see another pump before a significant retracement. Modestly on $BTC (around $5550 on Coinbase), though *much* more significantly so on alts. Invalidated if $5052 breaks (CB),” he said."
As the week continues on and the market’s price action continues to unfold, traders will hopefully gain a better understanding of whether or not the long-lasting “Crypto Winter” is truly over, or if the bears still have more ammunition to push the markets lower.
labie
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Posts: 126
Joined: Thu May 23, 2019 5:47 am

Tue Jul 02, 2019 12:38 am

For their part, businesses need to keep track of the payment requests they are displaying to their customers.
Admin wrote:
Tue Apr 09, 2019 5:12 am
Bitcoin has been able to maintain nearly all of its recent gains it has incurred over the past week and has been able to maintain stability around its monthly highs of $5,300. This positive BTC price action has led to an influx of capital into other cryptocurrencies, generating gains that have led many analysts to declare the “Crypto Winter” over.

Despite the celebrations regarding the end of a long and arduous bear trend in the crypto markets, one prominent analyst believes that it is still too early to get excited, as Bitcoin may make one more large upwards push before hitting a significant resistance level that will lead to what he describes as a “significant retrace.”

At the time of writing, Bitcoin is trading up nearly 2% at its current price of $5,240 and is only trading down slightly from its recently established highs of $5,300. BTC is currently up significantly from its monthly lows of $3,800.

Although Bitcoin is showing few clear signs of making any bearish price movements in the near-future, Josh Olszewicz, a popular cryptocurrency analyst on Twitter, recently explained that he does see a bear division building over a higher time zone.
“4h $BTC: as others are point out… RW + bear div building into high TF res… 50% = $4750,” he concisely noted, bearishly explaining that a retrace towards $4,750 could be imminent."
Despite this, Olszewicz further added that Bitcoin could very well continue to surge, drawing a parallel between BTC’s current price action and Litecoin’s overwhelmingly bullish price action last month.
“Important to note that probability of reversal is high, but continuation is not impossible. $LTC had the same setup last month and just kept going. I’ll be closing longs up here and won’t be short, would much rather have bids on the book than get bulldozed by bull continuation,” he explained."
Although Bitcoin may be laying the groundwork for continuation of its recent bullish price action, one analyst believes that BTC will see a significant retrace in the near-future.

Lucid TA, another popular crypto analyst on Twitter, recently explained this postulation, saying that he expects the cryptocurrency to make one more push upwards towards $5,800 before it faces significant resistance that pushes it back down towards $4,500.
“Most likely scenario in my view is that we see another pump before a significant retracement. Modestly on $BTC (around $5550 on Coinbase), though *much* more significantly so on alts. Invalidated if $5052 breaks (CB),” he said."
As the week continues on and the market’s price action continues to unfold, traders will hopefully gain a better understanding of whether or not the long-lasting “Crypto Winter” is truly over, or if the bears still have more ammunition to push the markets lower.
alayemi
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Posts: 144
Joined: Thu May 23, 2019 5:44 am

Tue Jul 09, 2019 9:02 pm

For example, to safely stop your node, run the following command:

C:\Program Files\Bitcoin\daemon\bitcoin-cli stop
A complete list of commands is available in the Bitcoin.org developer reference.
labie
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Posts: 126
Joined: Thu May 23, 2019 5:47 am

Wed Jul 10, 2019 4:33 am

While running Bitcoin Core GUI, open the Settings menu and choose Options. On the Main tab, click Start Bitcoin on system login. Click the Ok button to save the new settings.
wonshey
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Posts: 130
Joined: Thu May 23, 2019 5:46 am

Wed Jul 10, 2019 5:32 am

If you want to support the Bitcoin network, you must allow inbound connections.

When Bitcoin Core starts, it establishes 8 outbound connections to other full nodes so it can download the latest blocks and transactions.
gurumaster
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Posts: 159
Joined: Wed May 22, 2019 12:37 pm

Wed Jul 10, 2019 9:00 am

If that’s the case, find the computer running Bitcoin Core in the list, select it, and add it to the list of reserved addresses. Make a note of its current IP address—we’ll use the address in the next section.
wonshey
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Posts: 130
Joined: Thu May 23, 2019 5:46 am

Wed Jul 10, 2019 9:25 am

For this step, you need to know the local IP address of the computer running Bitcoin Core. You should have this information from configuring the DHCP assignment table in the subsection above.
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