Bitcoin price 180824

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(Edited)

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Am I doing it right? The last week I have been watching the minute-to-minute BTC price movements.

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I have been working the past two days so you can see I have to update this, but we are above the descending trendline I drew on August 11th 2024 but it does seem to be above it right now.

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https://www.bitget.com/trading-bot/spot/BTCUSDT


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I have been doing this on Bitget but you can also use Tradingview or Kraken, or any chart really.

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For the period of time missed I will just draw 6 hour boxes in red or green.

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By isolating the time frames it becomes more obvious where the best spots to buy and sell were.

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I think I am caught up now. Bitcoin is in a short term uptrend since late last evening.

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My prediction is that BTC could consolidate further today and return to the descending pitchfork trend. Bitcoin needs to break above 61k or fall below 52k, until then its just a rollercoaster ride!

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#WARNING - Know your in's and out's!

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Keep track of the price when you buy, and know when you want to sell!

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But these are just my obnservations, not trading or technical analysis really, I am just charting the price movements which are already out of date indicators of what happened in the past.

Latest Block: 857,370

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https://bits.monospace.live/

"A total of 3,012.45 BTC ($179,341,042) were sent in the block with the average transaction being 0.8519 BTC ($50,716.49). Unknown earned a total reward of 3.13 BTC $186,339. The reward consisted of a base reward of 3.13 BTC $186,339 with an additional 0.0572 BTC ($3,405.31) reward paid as fees of the 3,536 transactions which were included in the block."
https://www.blockchain.com/explorer/blocks/btc/857370

CoinMarkets.Today

24hr - BTC up +0.4%, Solana +3.7%, TonCoin +3.5%, AVAX up +3.4% and ChainLINK +3.3%

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1hr - Nothing up as much this hour, AVAX +0.4%, Polygon (MATIC) is up 0.21% at the bottom there.

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https://coinmarkets.today/

Past hour from https://bitcointicker.co/

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Past week

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Past 3 months

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24H Real Volume: $9.07B

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https://messari.io/project/bitcoin

4 days ago when I last posted the price of BTC it was $59,252.

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https://bitcointicker.co/stamp/btc/usd/3days/

How low will BTC fall before 2025?

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https://charts.bitbo.io/stock-to-flow/

What part of the Bitcoin cycle are we in anyways? Is it time to sell or time to buy?

Latest Block: 857,372

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https://bits.monospace.live/

"A total of 2,104.90 BTC ($125,467,915) were sent in the block with the average transaction being 0.7845 BTC ($46,762.09). Unknown earned a total reward of 3.13 BTC $186,571. The reward consisted of a base reward of 3.13 BTC $186,571 with an additional 0.0593 BTC ($3,534.73) reward paid as fees of the 2,683 transactions which were included in the block."

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#WARNING - Incoming Block. #WARNING - Incoming Block.

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Latest Block: 857,374

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"A total of 7,128.67 BTC ($424,926,918) were sent in the block with the average transaction being 3.0412 BTC ($181,280). Unknown earned a total reward of 3.13 BTC $186,573. The reward consisted of a base reward of 3.13 BTC $186,573 with an additional 0.0497 BTC ($2,962.53) reward paid as fees of the 2,344 transactions which were included in the block."


Bitcoin Market Dominance: 53.57%

BTC Market Cap: $1,610,164,262,378
All Crypto Market Cap: $2,196,499,000,000 est,

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https://coinmarkets.today/


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Do your own research, these are just observations over time.


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triple checking my post to make sure there are no errors. Almost titled this in September!

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OK post

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4 comments
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(Edited)

BTC = $59,644.28 USD @ 1:30pm MST on 180824

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1:32pm

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There it goes. 5:38pm

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Its red because I figured it would go down more, lets fix this up.

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5:46pm will BTC fall to 57,077 today? Or will it rise over 60,326?

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@Darkflame

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