Blocks are nice and empty at the moment if anyone wants to consolidate.  Just had a 20 sat transaction clear in first block I think.

I went with the suggested regular fee at two of my wallets, fees are very low (paid approx. 3 sats/byte).  Let's see how long it takes them clear.

Once again, you have good time to move your bitcoin with cheapest fees, at 1 satoshi/ byte.

Currently, it seems that transaction fees fluctuated around 1 sat/byte. Fees for transaction with 1 input (148 bytes), 3 outputs (102 bytes) costs only 260 satoshis, which is double than yesterday fee.
It is a best time to consolidate your bitcoin leftovers, but it doesn't last for too long. Hurry up.

Please check more there:
https://tradeblock.com/bitcoin/historical/6h-f-tfee_blk_avg-01051
https://coinb.in/#fees

Still short term bearish. Id say fight me   but I dont really feel like posting much unless im short and long term bullish.

I will say 4900 is pretty extreme, its more like a floor I dont see us going under. 7-8k would be a more reasonable outcome imo, but this is Bitcoin and shit happens.  I think people shouldnt cry if 4900 is reached bc its still very bullish as a higher low than 3100 of Dec. 15.

China Could Be About To Throw Its Weight Behind #Bitcoin

https://www-forbes-com.cdn.ampproject.org/c/s/www.forbes.com/sites/billybambrough/2019/07/29/china-could-be-about-to-throw-its-weight-behind-bitcoin/amp/

https://twitter.com/xentagz/status/1155956658557739009?s=21

Bullish? China pump BTC instead of ban BTC?

Here is another interesting observation:



The moment Mayer Multiple reached just above 2.4, it started to go down.

Amazing.

So, $14k was in a mini bubble territory and the bears didn't miss that one. Sniped it right away. $7.5k looks like a good buy.

edit: Also see the previous 2.4 rejections in 2017. Happened twice before the big boom. That's even more interesting.

Bitcoin might fall around 26 percent to 30 percent, from the range $11,000, where bitcoin broke out. It means in my forecast, bitcoin will fall to the range between $7700 and $8000. It is deep enough to kill Long gangs, and it is also relevant to news on Tether USD. News is used to pump and dump coins, so, why not believe in my forecast?

cybercash, as imagined in 1998
~
please note, they wrote hodlers wrong

That indicator is not really talking about how far bitcoin would have to drop, it is merely providing guidance for when BTC might be overbought or oversold, but still does not mean that the price will cooperate.. but merely providing a kind of probability.  Of course BTC price could go shooting above the 2.4 line and stay up there for a while, but the chart would be showing BTC as overbought. 

Similarly on the downside, if the mayer multiple is below 1 for a decent amount of time, then starts to seem quite likely that BTC is oversold, but does not really say with any kind of certainty that the price has to go down or UP from where we are at right now, which is about 1.51 according to the live rendition of the mayermultiple on the website.  Furthermore the website show that the all time average of the mayermultiple, since the beginning of bitcoin is 1.39... so currently, we are only a little bit above 1.39.

Three-days in-a-row (despite some pumps of fees intradays), you have good time to move your bitcoin with cheapest fees, when transaction fees fluctuated around 1 sat/byte. Fees for transaction with 1 input (148 bytes), 3 outputs (102 bytes) costs only 260 satoshis, which is double than yesterday fee.
It is a best time to consolidate your bitcoin leftovers, but it doesn't last for too long. Hurry up.

Please check more there:
https://tradeblock.com/bitcoin/historical/6h-f-tfee_blk_avg-01051
https://coinb.in/#fees

Observing $9,803, we’re witnessing a slow climb towards $10,000 again. What’s the likelihood we get over $10,000 before the weekend & then some ass hole whale flushes us all the way down to $9,4xx in one 20 minute red candle?

Whales toy with us in periods of low volume & low volatility.

Bitcoin might fall around 26 percent to 30 percent, from the range $11,000, where bitcoin broke out. It means in my forecast, bitcoin will fall to the range between $7700 and $8000. It is deep enough to kill Long gangs, and it is also relevant to news on Tether USD. News is used to pump and dump coins, so, why not believe in my forecast?

I zoomed your pic and, apart from the radishes, I noticed something overlooked: you appear to have a MacBook: would you reccomend it? I heard some horror stories about keyboards and screens getting tainted.

I want to see 12000 again.

In 1 hour.

Probably short lived.

My gut tells me we'll end this week below 12000.

The really big pump: next week.

Am I wrong or the fact that any of the answers in the poll is highlighted in bold means you didn’t vote in the poll?

Here is my chart mentioned on one of my videos. Either utility is activated or we wait for 1 year for first moon shot of 7000%? This chart is a scenario if we follow previous market structure.

Here is the comparison of the trend from 2015 and 2019. We completed move A, now we are in move B. And this could even take till December to play out.

Is there any worst possible idea?
A new IBM patent describes a peer-to-peer network for managing and storing browsing session data on a blockchain.

I am wearing one of those and someone want to save my browsing history on the blockchain...

$9-9.5k is the first solid support, if it hodls (probably it will), jump back to $11k. If it doesn't, $7.5-7.8k is waiting. (unlikely) We couldn't leave it, went back into the wedge.



The next 2 months are critical.
https://www.tradingview.com/chart/BTCUSD/3l1JOd99-Wedge/

Within the next five days, that is important period for bitcoin. Personally, I already made my stop-loss and profit-taking orders.
Like that (taking profits at $13300, while cutting loss at $10800):
I also suggest other newbie crypto-traders to do this. For experts, I don't mention about them here, because they actually can make better orders than mine.

I'm confident that you can easily double-triple some btc by putting it into ethereum now consider how low the btc price is for eth.  I do like that ethereum is gpu miner friendly instead of only asics.

You likely knew or did not know about that guy (BitKrabs on Twitter), but his scam story and his art of scam deserve to have a warning here, especially for crypto newbies.

I think we should contribute what we know about scammers' strategies in order to help the crypto world as clean as possible. They always appear and change their strategies over time, but it is valuable to take a look at BitKrabs case.

He bet with Binance CEO on bitcoin future, and he bet 10 BTC that he chose Bitcoin will fall below $8k.
https://bitcoinist.com/whale-bets-binance-ceo-10-btc-that-price-will-drop-below-8k/

He also claimed that he manage a huge funds of bitcoin, and yesterday terrible thing occured when he vanished with bitcoin of naively crypto investors.
His Twitter channel deleted too.

Be careful, extremely careful before you give your money to other hands!

Bitcoin is dropping today....

Per a court document released on Aug. 13, Warren testified in the course of an ongoing lawsuit against Wright filed by the estate of David Kleiman, who was a cyber-security expert, whom many believe to have been one of the first developers behind Bitcoin (BTC) and blockchain technology.

Everyone waiting 8k levels again. Previous btc dump, almost everyone waited for 8500 or 7200 levels to buy but it bounced before, at 9k. So the majority didn't fill their bags. At 3500 usd everyone waited 3k or lower, but it bounced before that at 3100/3200. Some are still waiting for 3k and 1.400 usd.

Sorry to interrupt, but can someone please let me know if I should be panicking at this point, because, TBH, I'm seriously, SERIOUSLY thinking of just tuning out anything Bitcoin related until after the halvening and just focus on IRL stuff for a while.

Think I'm finally finding a good IRL routine that is keeping me somewhat entertained and productive. Starting to really get the hang of this retirement thing.

Watching Bitcoin tank like it is, just makes me sad. I don't need it until 2021-ish anyway...

Bah. Someone hold me. No homo.

We return to 4 digits, what is the problem? crisis, recession, political tensions, it doesn't matter

BTC is here to stay, if for you 4 digits is cheap, buy.

Here is another interesting observation:


The moment Mayer Multiple reached just above 2.4, it started to go down.

Amazing.

So, $14k was in a mini bubble territory and the bears didn't miss that one. Sniped it right away. $7.5k looks like a good buy.

edit: Also see the previous 2.4 rejections in 2017. Happened twice before the big boom. That's even more interesting.

https://www.tradingview.com/chart/BTCUSD/3l1JOd99-Wedge/

The next 24 hours is extremely critical. Go down and say hello to $7.5k, we better jump up now.

edit: mini jump from 9.5k to 9.8k. I just bought before the jump another $100  

Do you think it is looking bad?



According to this vWAP we should move up in any moment.

How deep you think we can go from here. Correction is always healthy. Never seeing below $14k will be awesome to see however nothing is certain in Bitcoin.

Bad news.

After yesterday's green everything is awesome candle, we got the red candle again, at least for now. Looks like it is going to test that 9.2-9.3k.



I'll buy some serious amounts if this goes below $8k. and I don't mean small potatoes like $100.

Did you mean inverted cup & handle pattern?  

Around $8000, then boom, we will never see bitcoin stay below $14000.

I feel more interesting with the horizontal line at $8000. When people panicly sell at the range of $8000, we might see the next dump to $7.5k, and that time we might see last chance to buy cheap bitcoin, this year. If it happens, next 10 weeks, someone still miss it, will have never have other chances to buy cheap bitcoin. When really big bull run starts, bitcoin will fastly break $20,000. Nevertheless, I don't think that bull run will happen sooner that middle of December this year.
For now, enjoy the bounce, just be careful.

To be friday, they are a bit pessimistic, we will return to 10500, if we cross 10700 goodbye 4 digits.

BTCullish

Yeah, $9k2 to $9k5 is important range for Bitcoin. If it fails to protect those supports, it might fall to around $8k. When it dips below $9k2, it will be so easy to fastly fall to $8k, because people will fall into panic again, and 20% drops to liquidate longers at $9k2 will occur. Not too difficult to happen if $9k2 broken. Anyway, if it occurs, $8k will be the last chance to accumulate cheap Bitcoin for it's next bill run around February to March next year. I don't think Bitcoin will start next bull run soon about December.
I set up my stop loss at $10k8.

The next hours are still extremely critical or I can breathe again?  

Despite of bitcoin dumps and pumps last two days, and people went crazy with bitcoin tradings; at the moment as well as early today I observed, bitcoin transaction fees fell to 1 sat/byte. Fees for transaction with 1 input (148 bytes), 1 outputs (34 bytes) costs only 192 satoshis.
It is a best time to consolidate your bitcoin leftovers, but it doesn't last for too long. Hurry up.

Please check more there:
https://tradeblock.com/bitcoin/historical/6h-f-tfee_blk_avg-01051
https://coinb.in/#fees

nice page with information about mempool and transaction fees: https://mempool.space/

Yeah, $9k2 to $9k5 is important range for Bitcoin. If it fails to protect those supports, it might fall to around $8k. When it dips below $9k2, it will be so easy to fastly fall to $8k, because people will fall into panic again, and 20% drops to liquidate longers at $9k2 will occur. Not too difficult to happen if $9k2 broken. Anyway, if it occurs, $8k will be the last chance to accumulate cheap Bitcoin for it's next bill run around February to March next year. I don't think Bitcoin will start next bull run soon about December.
I set up my stop loss at $10k8.