Bitcoin Follows Pre-Bull Run Pattern That Sent Amazon Stocks Soaring

Bitcoin Follows Pre-Bull Run Pattern That Sent Amazon Stocks Soaring
фото показано с : bitcoinist.com

2020-4-6 13:51

Now here’s an interesting pattern if you like a little TA. Bitcoin trader and analyst Loma drew an extremely interesting parallel between Amazon and Bitcoin. Will Bitcoin follow this Amazon bull market setup and break $20K in the next couple of years? Let’s take a look. Bitcoin Looks a Lot Like Amazon Pre Bull Market Loma adds a disclaimer to his tweet. He says: Takes a big hit of hopium While the patterns are uncannily similar, it’s like comparing oranges and apples. Amazon is a publicly listed company that’s been one of the hottest tech stocks of the century. The company boasts more than 156 million Amazon Prime members around the world–that’s more than the entire number of Bitcoin wallets in existence right now. *Takes a big hit of hopium* pic.twitter.com/ncNSspW36a — Loma (@LomahCrypto) April 6, 2020 Moreover, take a closer look at the chart and you’ll see that Loma has been optimistic in his straight-arrow for Bitcoin. Amazon stock didn’t go up overnight, it made incredible gains but not always in a straight line–and over the course of a couple of years–not in one month. He also went to comment in the feed below: This is how it’s done. Unactionable shitposts disguised as fractals LFG Of course, there was a fair share of comments on his tweet. The Bitcoin camp that will do anything to get their daily dose of hopium applauded. Some skeptical-minded traders pointed out that the analysis conveniently missed part of the fractal. But sir what about this part of the fractal? pic.twitter.com/P7D2RJvFyb — Aaronlauyy (@aaronlauyy) April 6, 2020 One of his followers also said: Almost everyone’s forgetting about the massive accumulation pattern that follows, there’s a reason certain individuals are in ghost mode why others are in a tweetstorm. Pay attention, we got a long way to go but the bottom is in for sure. Nevertheless, this comparison shows that Bitcoin appears to be on the right track towards reclaiming it’s previous all-time high price of $20,000. Right now, a huge amount of uncertainty among traders is preventing a clear breakout in either direction, but if the leading asset can hold on to the $7,000 support this week it may help boost sentiment.We almost certainly will go to $20K and beyond, but it won’t be in a straight line, and it’s unlikely that it will be in the coming weeks. Do you think Bitcoin will continue to follow Amazon’s pre-bull market pattern? Images via Shutterstock, Twitter @aaronlauyy @LomahCrypto

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bitcoin amazon interesting pattern market take look

Источник: bitcoinist.com

bitcoin amazon → Результатов: 126


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Bitcoin price held above $4000 November 29 as talk turns to the cryptocurrency’s continuing appeal over major stocks such as Amazon in recent years. BTC Still Beats Amazon Even at $4K After a dip to lows around $3500, something not seen in over a year, Bitcoin managed to reclaim and hold onto the $4000 mark Wednesday, hitting local highs of $4339 before correcting closer to $4190.

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Аналитик CBOE: акции Amazon и Nvidia более волатильны, чем биткоин

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Исследование CBOE: bitcoin менее волатилен, чем акции Nvidia и Amazon

Старший аналитик CBOE Options Institute Кевин Давитт представил исследование, согласно которому bitcoin уступает в волатильности акциям Amazon, Netflix и Nvidia. Об этом пишет CCN. По данным отчета, 20-дневная историческая волатильность (HV) bitcoin — скорость изменения дневной цены — снизилась до 31,5%.

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Top Big Tech Companies Working On Blockchain The blockchain technology that drives cryptocurrencies has been among the most significant news items in the past three years. With the explosive price spike of Bitcoin last year, the cryptocurrency markets have become the center of financial attention in many parts of the world. But the underlying technology […]

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‘Lightning Definitely Has Tradeoffs,’ – Bitrefill CEO, Sergej Kotliar [Interview]

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Nano (NANO) Now Accepted at the Bitcoin Superstore

On the 17th of August, Nano (NANO) became the 8th cryptocurrency supported by the Bitcoin Superstore. The full list of accepted cryptocurrencies is as follows: Bitcoin (BTC) Bitcoin Cash (BCH) Dash (DASH) Ethereum (ETH) Litecoin (LTC) Nano (NANO) Tron (TRX) XRP Customers of the Bitcoin Superstore can buy items from retailers such as Amazon, Alibaba, […] The post Nano (NANO) Now Accepted at the Bitcoin Superstore appeared first on Ethereum World News.

2018-8-21 19:02


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Half Of Remaining Unmined Bitcoin ‘Already Spoken For’ – CoinShares CEO

UK cryptocurrency investment products and research firm CoinShares’ has called for Bitcoin to get a “new narrative” to drive consumer interest and lift prices to new highs. Bitcoin To Pull An Amazon? In a series of tweets and a Medium post August 17, CEO Ryan Radloff explained how Bitcoin could follow in the footsteps of companies such as Amazon and Microsoft, whose shares deflated in the year 2000 then exploded to new heights over a Read More The post Half Of Remaining Unmined Bitcoin ‘Already Spoken For’ – CoinShares CEO appeared first on Bitcoinist.com.

2018-8-19 18:00


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17 августа Nano, глобальная криптовалютная компания, объявила на своей официальной странице в Twitter, что монета теперь будет принята единственным в мире криптохранилищем - Bitcoin Superstore. Bitcoin Superstore включает почти все розничные магазины по всему миру, в том числе Amazon, Alibaba и John Lewis.

2018-8-18 11:56


Ripple внедряется на Amazon, чтобы упростить оплату товаров криптовалютой

Криптовалюта Ripple внедряется в экосистему Amazon для улучшения качества сервиса. Компания считает монету наиболее подходящей для своих целей. Сообщение Ripple внедряется на Amazon, чтобы упростить оплату товаров криптовалютой появились сначала на Freedman.

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