Bitcoinbarometers Forecast: Is Bitcoin BULLISH, BEARISH or NEUTRAL today?
Welcome to Bitcoinbarometers Forecast , the first, the original and the only of its kind!
Bitcoinbarometer is here to present you the daily forecast of Bitcoins price trend. I compare several analysis methods to gain the most likely Bitcoin trend for the upcoming hours.
Result: 4 Bullish | 15 Neutral | 5 Bearish
Analysis in Detail
Level 3
Haejin
Bitcoincompany | tombort | Hotsauceislethal | EW-and-patterns | superblocks |
Briggsy
Sarah Jenn from newsbtc.com
Economies.com
Level 2
Tradingview.com
Investing.com
Bitcoinforecast.com
Level 1
Cointracking.info Bitcoin price per weekday
Cointracking.info Bitcoins interest in the past 90 days
Plus500.com
Based on whoes analysis? (Sources: 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13 , 14 , 15 )
Haejin is providing daily technical analysis based on a combination of chart pattern recognition and Elliot Wave theory. This man is predicting price trends extremly accurate and is one of the best in his job.
Cryptopassion is also delivering good technical analysis, most oftenly on a daily basis.
The following Steemit users are also delivering from time to time bitcoin technical analysis, which will become implemented whenever they recently posted a Bitcoin forecast: Bitcoincompany , ew-and-patterns , hotsauceislethal , Briggsy , superblocks , tombort
Sarah Jenn (newsbtc.com) is also taking economic factors and news into consideration when predicting Bitcoins future price
Economies.com is also providing a daily bitcoin chart analysis service, based on candle sticks and fibonacci levels
Tradingview.com delivers fresh MACD analysis
Investing.com delivers analysis through Technical Indicators and Moving Averages
Bitcoinforecast.com provides a forecast for the Bitcoin price on the biggest exchanges based on past performances on these exchanges
Cointracking.info provides analysis through the average bitcoin price per weekday and implemented a chart that reflects the overall interest of Bitcoin
Each of these analyzes representing a vote, it is either bullish, bearish or neutral. There are three different levels of voting strength. Level 3 contains all technical analysis made from humans, Level 2 is reserved for strong forecast algorithms and data that is derived directly from trading data. Level 1 represents additional information based on historical data. All votes summed up will deliver the bitcoin trend forecast for the upcoming hours!
Disclaimer: The analyzes shown and compared above, are neither a buy/sell recommendation nor do I claim any rights on them. The analyzes are not my intellectual property, I only gather them to find out the upcoming most likely trend of Bitcoin!
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“Bitcoin is the Sun of the Cryptosphere, always in the center of all movements.”
It's a very slow market recovery. Frustrating as hell to be honest. One day green two days red. Or whatever collors indicate bulls and bears.
Many of the people that got into this in the past few months are feeling the same frustrations. I have seen this kind of market action many times and it is always nerve racking. You don't want to miss the next big pump but you also don't want to invest so much that you lose more money on the correction.
I have seen a pretty serious drop in my portfolio in just the past day thanks to Bitcoin's rise and then sudden drop of more than $1000. Alt-coins sold off (in BTC price) to compensate then dropped in USD value with Bitcoin's drop.
It seems that the interest in Bitcoin is slowly fading and the only people left that want to buy are the true believers. The FOMO buyers have all taken a seat on the sidelines since many of them are holding bags from the ATH last month :-X