Bitcoin Price Fluctuation Since 2015 Bull Market

The cryptomarket leader is presently trading at $4,030 on Bitstamp, hitting a low of $3,122 in December. Regardless of the recovery rally, the price is still down 79.85 percent from the record high of $20,000 reached in December 2017.


The cryptocurrency has charted a series of lower highs and lower lows, known as descending channel in technical phrasing.


Bitcoin produced a similar pattern during the previous bear market witnessed in 2014–2015. More importantly, the upside breaks of that falling channel, confirmed in October 2015, was followed by a two-year bull market.


Weekly line chart

Initial move above the upper edge of the channel, currently at $4,070, visualized as several indicators at prediction of bullish reversal. BTC is trading just below the breakout price at press time.


Such an early move, however, could be fleeting or may lack a strong follow-through as long as the 21-week moving average (MA) is trending south. The MA resistance is seen at $4,073.


Daily chart

The cryptocurrency might legalize the bullish outside reversal candle on the three-day chart with an interesting move above $4,040. That would allow a rally to recent highs near $4,200.


The short-term bullish case can deteriorate if prices drop below $3,927.

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THE PEAKIEST BITCOIN HAS BEEN IN 4 MONTHS WHICH BLOOMS POSITIVITY.

Bitcoin hash rate, the computing power securing the network, has reached levels not observed lately.


WHAT MAY HAVE ‘BOTTOMED’, PEAKED.

March 19th made Bitcoin hash rate gush past 52 quintillion hashes per second according to data from Blockchain.com.

The hash rate measures the performance of bitcoin miners safeguarding the network. the hash and the resources were codependent. The rise in hash rate also translates into new miners joining the network. It has been easy on the side of new miners as the mining difficulty were off the roads.

WILL IT MAKE ITS PLACE IN THE MARKET?

The latest uptick may prove to be significant as this means that the downward trend in hash rate may now be definitely broken along with the previous spike of 50,000,000 TH/s seen in early February.

The network security is at its highest since the beginning of November 2018, marking a 4-month high nearly getting closer to the all-time record high of roughly 62,000,000 TH/s set in August 2018.

Hash rate is an important metric for judging the gush of miners who secure the Bitcoin network. To build confidence in the miners for future investments. Casa CTO, Jameson Lopp, for example, believes that miners speculate on the future price of bitcoin. Which makes it possible for miners to begin to return, as the BTC price is currently experiencing a four-week winning streak.

“Hashrate follows price,” he explains. “Some folks believe price follows hashrate, possibly because hashrate doesn’t simply track ~spot~ price, but rather tracks some ~speculative~ future price. Miners are speculators too!”, says Jameson.

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Free BitMEX Signals on Twitter and Telegram.

There are various factors in Trading. You must know the best Time Frame to trade before you start trading. The most common mistakes people do is by trading in a wrong Time Frame. Most people settle on a time frame without giving it much thought. However, the time frame you trade is an important decision for a trader. There are many telegram channels out there, however, you can visit our channel and see how it works, we have a Dynamic Bot as well which does the trading for you and help you get rid of manual trading. We provide all the info about best time to trade, when you should get in to the market and make a purchase and selling, our team analysis the market trend and provide accurate signals. On top of that we provide one telegram channel that gives great BitMEX signals for free – https://t.me/freebitmexsignals.

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What is Bitmex Leverage Trading?

If one purchase 1 bitcoin with 0.1 BTC by buying a 10x margin position at BitMEX, it must be noted that the rate of dollars used will vary with current market value. The leverage was initially set at 10x as advised earlier, however, with Bitcoin it can be raised to as high as 100x. 100x will make you massive profits if it’s successful which is not the case almost every time, there are traders who got excited and set the leverage to 100x and lost everything they had. An interesting fact is that the profit can exceed 100% or even more but the losses are restricted to 100%, and the efforts are of course made to minimize this percentage as low as possible.

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How to use leverage on BitMEX.

Leverage simply means that you borrow money for investing in something. There are ups and downs in Day Trading cryptocurrencies. However, if you know what you are doing, then the biggest advantage in bear times is leverage trading on BitMEX for your trades. In the case of the cryptocurrency market, these funds are given by the other traders’ funds as BitMEX is a mercantile peer-to-peer exchange with a smart funding feature. If you analyse the working of the Bitcoin trading sector, then the working mechanism is similar to that of the Forex market.

For instance, when you trade leverage 50:1 in the Forex market, then this means that you can trade 50 times more than the original capital, you should never exceed 10x. The reason is the volatility of the digital currency market and the implemented danger to leverage a trade in high numbers. This would be very difficult for you to judge in the beginning, so you can join us and learn the market trends and trade with almost Zero % loss – https://t.me/freebitmexsignals. The leverage in the digital currency world follows one simple rule, “High leverage can yield high returns,” but there is also a possibility that high leverage can yield heavy losses.

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How to use signals on Bitmex.

There are some rules/tips which you need to follow while using signals on Bitmex:
a. Never allocate more than 10% of your total equity for each trade.

b. Modify the entry to odd numbers, if they are in even numbers.

c. Make the profit on targets and make targets odd numbers if even.

d. Start with low leverage. Once Target 1 has been hit and you moved your stop loss to entry, you can go even 100x – it does not matter, as long as you have a stop market order in place.

e. You can never say which trade is safe, so you have to take all trade as a safe trade. Safety can only come from how you handle your account by your money management.

f. Even if you are en experienced trader or beginner, you will need some expert advice and that’s what we provide, we are known to provide consistent profits to our members and they make daily profits, there’s no fee to visit us and check out our quality signals – https://t.me/freebitmexsignals.

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This is how you can buy Bitcoin on Binance

If you wish to buy Bitcoin on Binance, then you’ll need to create an account on Binance. Binance is the most famous Cryptocurrency in the world and widely used, because of it’s extensive selection of Altcoins, which continues to grow with frequent additions. You can withdraw 2 BTC per day without any verification, it’s also supports mobile app for both iOS and Android devices.


You can get started by purchasing some BTC on Binance with a credit or debit card if you don’t own any Cryptocurrency yet.


The most convenient cryptocurrency to deposit if you want to purchase Bitcoin (BTC) is Ethereum. Once your purchase is complete, you can also use the Bitcoin you bought for trading with a big selection of other coins.
Now if you want to make a deposit, head to the navigation bar at the top, click Funds – Deposits. Search for ETH for Ethereum and select it. The website will provide you with a deposit address for the cryptocurrency you selected. The address will be alpha numeric and all lowercase. Copy the address and go to your wallet of choice. Send the amount you wish to deposit to the address you copied. The process won’t be instant, it will take upto an hour for the funds to show up on your Binance account.


If you wish to check your balance, go to Funds – Balances in the navigation bar at the top of the website. Now Exchange – Basic, if you want to place an order. Let’s assume you’ve deposited Ethereum, On the top right corner, select BTC and search for ETH, which is the ticker for Ethereum. The ETH/BTC trading pair should appear.


You can only buy BTC by placing a sell order for ETH. In this case, you will be selling your ETH for obtaining BTC.
That’s how you buy Bitcoin on Binance.

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How do you deposit on Binance.

If you are confused or don’t know how to deposit on Binance, then here is the quick guide for it.


Head to the main page of Binance and login with your credentials. Then on the top right you’ll see Funds – Deposits Withdrawals – Deposit – Copy the deposit address or scan the deposit QR code.


Please input this as the withdrawal address on other exchanges or the destination address for the wallet you are sending from.


If you are using Bitfinex as an example, paste Binance’s BTC deposit address found above into Bitfinex’s BTC withdrawal address field, along with the withdrawal amount.


Go back to Binance’s Official Website if you want to check the status of your deposit, Click Funds – History – History – Click the “Check” after the Txid address.


So, that’s how you deposit on Binance.

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Read this 10 major news of Crypto to stay ahead of others.

1. TRON (TRX) Price Analysis – March 13.

2. Mark Karpelès Faces Bitcoin Embezzlement Verdict on Friday, Faces 10 Years in Prison.

3. Bitcoin Price Trapped in Key Make-or-Break Trading Range.

4. XRP Price Analysis – March 13.

5. Don’t Count on Decentralization to Rule Crypto Out as Security: VanEck Exec.

6. Bitcoin and Ether Market Update: March 13, 2019.

7. Crypto wallet app Abra expands support for Ethereum (ETH).

8. Bitcoin Price Analysis Mar.13: BTC’s Consolidation Could End Soon. But, In Which Direction?

9. Users Can Now Send Crypto Directly to Firm’s Wallet App.

10. Top 5 Cryptocurrencies To Hold For 2019 And Beyond.

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Stable coin ‘Tron blockchain’ being launched by Tether.

• The new Tether stable coin is going to be based on Tron TRC-20 standard.
• The new development is expected to ease the transaction on Tron’s decentralized applications.


The company behind USDT, Tether is a leading stable coin being planned to launch a new coin on Tron main net. Tether has had a fair share of controversy regarding its USDT token, expected to launch in the second quarter of 2019.


The news shared by Tron founder, Justin Sun, received positively by the community as a breakthrough for the project. Recently he hard forked to introduce features that will make Tron an institutional grade digital asset.
“We are pleased to announce this collaboration with the Tron Foundation. This integration underlines our commitment to furthering innovation within the Cryptocurrency space as we continue to anticipate the needs and demands of the digital asset community.”


The new Tether stable coin is being based on Tron TRC-20 standard. The new development is expected to ease the transaction on Tron’s decentralized applications. Tron decentralized development is progressing to the extent of surpassing EOS and Ethereum.
“… collaboration with Tether to bring a USDT TRC-20 token to TRON will bring incredible stability and confidence to users.”

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