Member Info for SlowRoll

Any body care to hazard a date for the issuance of the CPR, until then this is still something of a punt........ Less talk more drilling!!

Well at least the new i phones seem quite exciting.

Summary
Bitcoin has been consolidating on high levels.
Overbought setup has been completely neutralized.
Triangle breakout is coming closer.
According to seasonality the fourth quarter should be very strong.
Bitcoin (BTC-USD) has been consolidating for more than two and a half months now. Generally, the set up is still bullish while the overbought situation has been neutralized. A move out of the triangle is coming closer. Even though lower prices might be coming first the usually strong fourth quarter should bring much higher bitcoin prices rather soon.

Time to buy a small starter position and arrange enough cash at the sidelines to buy any larger dip!

Review
Since peaking at US$13,887 on June 26th, 2019, Bitcoin (BTC-USD) has been moving sideways in the range of US$9,200 to US$12,000 in the last two and a half months. In my analysis from July 14, 2019, as well as in my analysis from August 15, 2019, I had warned of the summer doldrums and a continuation of the grueling sideways phase including lower prices. However, the July 28th low at just under US$9,100 has not yet been undercut. Therefore, the open gap in the Bitcoin Futures at US$8,500 has therefore not yet been closed. At the same time though, the sideways movement has completely neutralized the overbought situation in which Bitcoin was in late June. In this respect, the correction so far took place primarily over the time axis (more than 10 weeks) and less via the price (-34%)

Surely you mean "hope we make a killing"!

Good link Squadrazzura. Thanks

A top European cryptocurrency business backed by Google and Sir Richard Branson is raising $50m (£41m) to invest in startups.

London-based Blockchain is currently in talks with investors about raising the venture capital fund, according to two sources. Blockchain wants to use the money to invest in both equity and crypto coins in the sector.

Brandt’s latest Bitcoin chart analysis predicts the beginning of a parabolic move to $100,000.
According to Brandt, Bitcoin is going through its fourth parabolic phase emanating from 2010.
The renowned trader and analyst Peter Brandt has predicted that Bitcoin is heading for its fourth parabolic phase. Brandt is remembered for accurately predicting the downtrend Bitcoin sunk into last year. In his latest chart, shows that the next move could hit levels close $100,000.

In May this year, Brandt started charting Bitcoin’s potential for growth in 2019. He believes that movements of Bitcoin in the past four months have been positioning the largest crypto for a new long-term cycle to highs.

“Bitcoin takes aim at $100,000 target. BTC/USD is experiencing its fourth parabolic phase dating back to 2010. No other market in my 45 years of trading has gone parabolic on a log chart in this manner. Bitcoin is a market like no other.”

According to market technician John Bollinger, who is famous for inventing the Bollinger Bands indicator, cryptocurrency traders should be prepared for an important juncture of Bitcoin and top altcoins. In the meantime, the number one coin once again ends up at a crossroads.

We are coming into an important juncture of $BTCUSD and the important alts. The setup is not complete and we will need confirmation, but now is a good time to start thinking about how you will play the next move. #BePrepared

— John Bollinger (@bbands) August 30, 2019

By your friends are you judged!

Cryptocurrency
Market Outlook
Sentiment Speaks: Preparing For A Bitcoin Bottom And Major Rally
Aug. 28, 2019 8:00 AM ETBCH-USD, BTC-USD, COIN...18 Comments12 Likes
Summary
We caught the bottom to Bitcoin at the end of 2018, and the recent topping pattern as well.
We provided bottoming targets for this correction, and we are now approaching them.
We expect a bottoming in the crypto-world to set off a major rally into 2020

ITM have announced a commercial project with BOC in Australia and Angela Merkel has announced a German study into the incorporaton of hydrogen into the aviation fuel mix. Time to get moving here....what have we got?

Good reply Ueberra. Glad I'm not alone in my opinion of Patten. After a promising start he has constantly disappointed.

Courtesy of Sweenoid....thanks again!

Worth a read as the analysis is reasoned and fair If your knowledge of Lumentum is limited or are wondering ‘what the f$$K this has to do with IQE, just remember Lumentum is a KEY customer for IQE, so in essence what’s positive for them is good for us, the analysis from the recent bullish Lumentum conference call is spot on. hTtps://seekingalpha.com/article/4287197-lumentum-government-policy-wildcard S

Some chance! Kid21.

"More importantly, Trump gave up a major bargaining chip - Huawei.

"One of the things I will allow, however, is - a lot of people are surprised we send and we sell to Huawei a tremendous amount of product that goes into a lot of the various things that they make- and I said that that's OK, that we will keep selling that product." - President Trump

Oh… so all the spying, technology stealing, etc. doesn't matter now?

As I stated then, it was only Trump who was surprised. Not by the amount of product sold to Huawei but rather by the pressure applied by U.S. technology firms to lift the ban. While Trump appeased his corporate campaign donors, Trump gave up an important "pain point" on China's economy."

The Greenlanders must be careful not to take the yankee paper dollar (fiat) only GOLD! .... Dangeld

But worth a read. GLAH

https://seekingalpha.com/article/4286607-bitcoin-still-needs-close-open-gap-8500

Is there anyone who could tell me how our investment in Cobalt Power, now I think called Power Group, is going.....can't seem to find it on google. Thanks

Sorry Augustus Melmotte would run rings round David Lenigas!

Hope Biffa saw "The Way We Live Now" also David Suchet at his best.......Victor Melmotte would be so well suited to run some of these AIM companies!