Bitcoin Market Sentiment on 2018-06-30
Aloha!
In the crypto market (actually in all markets as you all know, but I’m only interested in crypto) there are two major forces that move the market – the bulls and the bears. That’s why you often hear of the market being bullish or bearish.
As of 11 July, 2018 we are IMHO “officially” in a bear market. Some might argue “we’re bearish since the Death Cross happened”, others might say “Hell no, actually, since *insert your date here*”, etc.
As a matter of fact, July 11 is a date I decided to write this post, and it just happened that the weekly candle closed below 50MA (two weeks in a row).
Whatever.
I’m not here to point out who’s wrong or right, who’s a good or bad Technical Analyst (aka TA).
No one’s always right 100%. Nobody on the list below is a psychic or has a crystal ball (that being said, if there’s a psychic among you who predicts the future and do other awesome stuffs – please contact me ASAP. I want to be your friend 😆).
My goal here is to gauge the current crypto sentiment by following TAs tweets/comments (+ some other sources) and provide data on it. All the information here is for educational purposes only! These numbers aren’t buy/sell signals! Therefore, everything I write here is not financial advice! Please DYOR, trade responsibly and consider your investment decisions carefully!
Some things I’d like to add:
- Sure, I could add the detailed analysis done by TAs, but I think many of you will be in "TL;DR" mode instead.
- These are just Technical Analysts that I know of. Of course, there are more of them on Twitter / Youtube. Feel free to suggest any other TAs. I’ll review them and maybe post their targets/comments next time.
- Some TAs don’t post Bitcoin charts often, so I will probably add or remove some names.
- Comment below if you find any mistakes (for example, incorrect info or typos).
- If you have any ideas on how to improve the list and make it more interesting – please let me know!
- Just in case:
- T1 means Target #1;
- T2 = Target #2;
- T3 = Target #3;
- ST = Short Term;
- MT = Medium Term;
- LT = Long Term;
- 1SAAT = One Step At A Time. Just means that Bitcoin price prediction is short term only.
- The information in round brackets is @cryptocoq’s notes.
- Please keep in mind that ST/MT/LT are all relative terms. Every TA has their own time frame definition. For some people ST can be a few days but for others it can be two weeks, etc.
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