Low time frame charts getting bouncy jumpy  

EDIT: Stopped watching. Looks too fragile to me. Some drama ahead?

Sane reasoning there, J.
I am a poker player, so i always try to expect the unexpected, even if against the odds. Since Bitcoin didn't do this (tumbling because of bans and politics) before, this cycle, could as well be longer than those in the past. The odds that Bitcoin will persist are above 99,9% though, just because it's great and fits that narrow gap which fiat can't close, as it is.

Good observation there...
But have you also noticed that it tested the 200WMA in the past only when it crossed the 50WMA before it was peaking?
This is not the case with the last dip, but the mid-2021 dip almost was such a breach.
We'll sure find out.

EDIT: Waiting for that Fed statement, thought it was announced to happen yesterday.  

EDIT2: One and a half hour to go... https://www.youtube.com/watch?v=90AwHT7h1So

I was even taking it as a good joke, ala proudhon and the likes 

I am not sure (Idiocracy meme here) if the EW Theory is appliciable to Bitcoin anyway, because of the halvenings and adoption rate.
As for conventional assets, well, would suit a lot better, imo.

There are much more hodlers this cycle, at least if you trust onchain data analysis.
So i doubt a retrace in the 70% ranges. I am also not so sure that we have hit this cycles peak yet.

I can 
I don't even have to do anything to unsee things.
That's the big plus of my little memory condition 
 

Search for some advice from the Covid Thread.
Get yourself some nasal spray containing more than 1,2% of carrageenan extract. Use it also for the throat.
It reduces viral load quite efficiently, saves your immune system a lot of (hard) work.
Stay hydrated. I mean 4 liters per day, like half a glass in about 15 minutes throughout the day.
Wish you the best!

Hmm, i don't even believe in any "miner costs control price" dynamics. It can only have a tiny fraction of influence on the price, i'm not that dumb
Seems like the good ol' misunderstanding, but i am not too surprised, because i picked out a wee aspect of a complex system, where one output parameter results in the property "price".
But the initial thought was quite simple and might have mislead you in believing that i look at the market in a simple way. Well, sometimes i do, when i try to explain bitcoin to noobs (rarely) but that's a whole different story. To be honest, my understanding of market details and their dependencies is very limited, but every now and then some new understandings click into place, and your detailed posts about the matter also contribute to this more often than not.

A coke withdrawal and its consequences just aren't nice to view  


FTFY:
... relax,  accept the old world as much as you can.

for no being a part of it any longer

Poor fiat-evangelists deserve some empathy, don't they?


Think again:
If you'd have mined BTC at a price of $300 (for example), how can $35k be the bottom? 
Sure, it's not the best profit for a miner, not as much as selling to exchanges at $69k, but it's quite far from "selling at the bottom".

With Omicron, the need for Ivermectin has practically gone to zero. Carrageen nasal spray is the best thing you can do at the time, reducing viral load in the parts of the body where the virus primarily replicates, which are nose and throat. Additionally NAC, Quercetine and Vitamin C, possibly Vitamin D to downregulate inflammatory markers. With Alpha, Beta, Delta and the so called "wild type", Ivermectin still makes sense, maybe even with future variants, but the dosage is key. Too little and it has no effect, too much and it can cause some serious trouble.


As science and research really got boosted through Covid, a condition called T-Cell Anergie ("Unergy", opposed to "Energy") was looked more close at, which takes place when T-Cells are confronted with antigens too often, like regularly in HIV and Cancer. This is why it makes sense to suppress the immune response in these patients. Anergy describes a condition of T-Cells which no more react to specific antigens, because of "exhaustion". This is probably what periodically vaccinated people are going to experience, the WHO is already aware of and doesn't reccommend a fourth shot (hello, Israel?).
It was also what i was suffering from in my health condition. I had flus all the time in winter, the blood test was showing too many T-Cells but many of them "didn't react" against the flu antigens. So i got exhausted, never got a fever to clear out the bugs from my blood and constantly suffered symptoms from a cold.
Also, in Long Covid patients, parts of virus DNA are still detectable in the stool and various tissues, long time after having tested negative.
The immune system is confronted with a heavy load and in turn, T-cells are practically burning out. So it's not a big surprise that an mRNA vaccine shot after long covid reactivates the immune response via mRNA mechanism, instead of presenting antigens like it would be the case with a natural infection, which in turn clears out the remains of the virus.

This vaxxing mania will likely bring up many subsequent challenges to keep us busy. As so often, politics and "big pharma" fucked us up, again.
That's why i never get vaccinated, with the exclusion of well tested, conventional vaccines which are still about to get approved and rolled out in Q2/2022.
Until then, i continue to routinely protect myself, my loved ones and the people surrounding us.

Thanks to Bitcoin, i can pay the fines for not getting vaxxed, and if the mandate law fails the consitutional court, i'll even get my worthless fiat money back.

stonk refugees would also see a beautyful island in BTC if the FED blows up the market tomorrow.
Too good to be true?
No?

EDIT: On the downside, the flip-back would be painful as well.

EDIT2: Maybe inflation will be fixing this, too 

With good volume and no frightening high sellwalls, yet.
This may get exciting.

There's that stock market crash narrative going round since a few days, too...
(Fire alarm currently in the background - fits perfectly)

Considering to set a few sells on the way up to buy back later, still trying to figure out at which level(s).
Of course only the (tiny) "play stash"...

EDIT: Will this be the "epic bounce" some crypto twitterers were about lately?

I love those times, especially while watching the 1m chart 
Just got online a few minutes before the little run up.

Well, if you sell old corn, it's not really "the bottom"

Ants starting to work.
 



Couldn't "more coins are coming to the exchanges" mean that exchanges actually buy from miners at the bottom?
They have to transfer their corn to their hot/cold wallets, don't they?
Of course it would look like "long time hodlers selling soon"...

Amirite?

IF you, for the sake of this example, look at alpha/delta vs. omicron spike proteins as two different subtypes of coronaviruses, the immune system of freshly boostered inidividuals would like see itself confronted with two threats shortly after another, which could explain the lessening efficiency.
An immune system needs to take a breath between infections (immunizations), too, i guess?
Would make sense, not backed by scientific data, though.

The UK did step into that boat, however, recently selling anti-tank weaponry to the Ukraine.
A sane leader would just divide the country into a russian and ukranian part following a public voting.
But the crimea is strategically priceless. Russia won't let any other superpower mount troops there. Ever. Everybody who is not blinded yet can see this.
And as you said before, Russia doesn't have to "invade" the "russian" part of Ukraine, because it practically is russian, by means of population.
Germany/EU is only hurting itself in sanctioning RU, i don't know why, but maybe it has to do with the CIA having had most of EU's member governments under surveillance for quite some years. They even tapped the smartphone of Angela Merkel.
How many dickpics do you have to find on her phone to be able to blackmail her?  

There is volume and resistance, bulls are still fighting.
Curious how the weekly candle will look like.

off to bed, have a good #hodlsleep