We are nearing the daily high of $7450 again. Breakout?
The daily high is now very close to $7500. Bullish? It would be nice to see some actual volume accompany this rise. When FOMO? edit: We're up 16% in the last couple days. How's that comparing with Wall St? |
|
|
|
And I may be rich, but I still like a deal. This is my new crib, it was a bargain, and I don't care if you find out where it is.  Because it will have moved by then. Fascinating. I've always wondered how seasteads were launched.  |
|
|
|
Breaking news, the UK has stated they are going to ban cryptocurrency.
UK Royal Family Secretly Buying Huge Quantities of Bitcoin“Her Majesty Queen Elizabeth wishes to express her joy that His Royal Highness The Prince Of Wales has, at long last, found a way to make some filthy lucre.” "After three centuries as banker to Britain’s rich and famous, from Charles Dickens to Queen Elizabeth II, Coutts, one of the world’s oldest banks, is trying to modernize. They are allegedly employing a team of agents to buy bitcoins from localbitcoin sellers around the globe. Often paying with sacks of cash, or trucks filled with gold bars." |
|
|
|
I don't like how there's like no desperation at all, way to many hodlers. Thats not how capitulation is supposed to work.  Let your hope go already, I want my moon back! Shitcoiners, who got us into this mess, have every reason to be desperate. Go check out their forums. Bitcoiner OGs, the Bogdanoff bros got our back, yo. |
|
|
|
Daily volume needs to double or triple before the end of the day to turn this into a legitimate support bounce. Might need to breach $6000 again to do it. Still an unbelievable amount of wishy-washiness going on: Anyone who bought in at less than $1000, this is still too expensive to buy MOAR. Anyone who bought in from $1000 to $5000 has trigger fingers hovering over the sell button. Anyone who bought in from $5000 to $10,000 is probably paralyzed with indecision. Should I buy or should I sell now?Anyone who bought in from $10,000 to $20,000 is spinning on the floor blowing snot bubbles out their nose from tears of disbelief while their girlfriends/sig others/parents are trying to figure out how to panic sell for them. Anyone who bought in at less than $100 is probably sipping on a cocktail, contemplating either the lambo or the speedboat this weekend.  |
|
|
|
Do bears get any memes? Bulls have trains and rockets. What do bears have - dump trucks?
  We totally need t-shirts made to sport at the next halvening: I SURVIVED THE REKTONING (of 2011, 2012, 2013, 2014, 2018...)LOVE IN THE TIME OF GOX KEEP CALM AND HODL ON I SODL AT THE BOTTOM OKGO? OKEX'D OKREPEAT |
|
|
|
Already old news? 3 hrs ago https://twitter.com/whalepool/status/979535185321570304Looks like @OKEx_ will be rolling back balance data to Hong Kong 5:00, March 30
They will settle all the open interest and issue new contract and resume by 15:30 Hong Kong time
This is the proper decision. Total deviation occurred at this point. Fair outcome.   |
|
|
|
|
CALLING ALL WEAK HANDS!!
Now's the time to dump!
Give us the volume spike we need to lay down a new track!
Don't let the caboose hit you on the way out!
CCMF
|
|
|
|
KEEP CALM AND HODL ON Fundstrat's Tom Lee Interview https://twitter.com/CNBCFastMoney/status/979112471037345792"BTC gains driven by just 9 days per year on average" Institutions are just salivating over the current prices. Average Joe speculators are just handing over the reins, quaking in fear. Isn't it ironic that the very systems Bitcoin was created to circumvent will be Bitcoin's apparent savior for the next bull run? Institutional bulltards are gonna plow right through this quivering mass of amateur instabears. Pathetic, really. Just watched it. He does seem quite positive, doesn't he. But when moon Tommy  Here's a hint: look at the dates in his chart. It ain't March. |
|
|
|
KEEP CALM AND HODL ON Fundstrat's Tom Lee Interview https://twitter.com/CNBCFastMoney/status/979112471037345792"BTC gains driven by just 9 days per year on average"  Institutions are just salivating over the current prices. Average Joe speculators are just handing over the reins, quaking in fear. Isn't it ironic that the very systems Bitcoin was created to circumvent will be Bitcoin's apparent savior for the next bull run? Institutional bulltards are gonna plow right through this quivering mass of amateur instabears. Pathetic, really. |
|
|
|
Trying to draw the mighty goose (thanks to mfort312) myself here...  Soon... ...let's hope for a double goosing!  edit: rotated optimistically |
|
|
|
We're now on month three of higher lows and lower highs. Not much foot or head room to keep playing this game, two or three weeks tops before one or the other trend line breaks. Anyone pay attention to ALFAquote's Fair Price Index? The market certainly doesn't seem to. Too bad something like this doesn't make it on MSM finance reporting, to help with price discovery, futures, sentiment, etc.  Are there other published indices like these? Stocks and equity markets have all kinds of economic indicators to guide fair value. Methinks this is sorely needed in the crypto world, too, and tying it to spot mining costs is probably about as good it can get. How low is low enough for bulls to realize these are already bargain bin prices? For any remaining butt-hurt bears on the fence to finally GTFO and leave us to our rockets, trains and violins? |
|
|
|
 1D: 7/50/200 SMA Nice. Looks like we're not going under $8000. Never ever. It's only a trend line until it's not. One of these lines will be broken soon enough. Or even both. |
|
|
|
If this time the price were gonna rebound on a higher low.... what would be that (theoretical) price/resistance? 7600-7800?
Asking for a friend.
$7500, if it doesn't break the trendline formed by the two previous dips. The optimist in me says this looks like a mighty fine bull goose pennant. Death cross be damned: This goose will just lay a golden cross. 1D: 7/50/200 SMA |
|
|
|
Assnostication: Dump in progress. |
|
|
|
You can't perfectly predict the future, no, but you can at least assign certain sentiments and probabilities. There are many repeating fractals on this chart, which to me says there is some degree of predictability. It is not merely random zig zags, this fucker is definitely trending up and I don't even need to squint to see that! Nested within this exponential rise, there are a series of hyperbolic pops and drops of various scales. The 5 points I plotted 'rhyme' with the current situation in the following way: 1. Hyperbolic rise 2. Sharp corrective bounce 3. Second sharp bounce to a lesser degree (we are here) After each pop, the price either: (A) goes sideways for a time before exponential rise and then sideways again (CONSERVATIVE BULL) (B) rises slowly for a time before hyperbolic rise (MODERATE BULL) (C) immediately verges into hyperbolic rise (PERMABULL) (D) continues to decline for some time before bottoming out into exponential rise for some time (TERABEARA) (E) bottoms out and continues exponential growth for a long time before going hyperbolic again (BULLISH) I find it interesting the responses are pretty much split between the two extremes: hyberbolic rise or continued decline; Permabulls vs Terabearas. But time will tell. And it will rhyme. History rhymes, it never repeats. Which time best rhymes with now?  |
|
|
|
History rhymes, it never repeats. Which time best rhymes with now? |
|
|
|
Admittedly crude shits and giggles:  If we stay above the trend line unbroken since BTC's origin in 2010, BTC will be no lower than $13.5k by year's end. If we stay above the trend line unbroken since BTC's first bubble correction in 2011, BTC will be no lower than $7.5k by year's end. If, however, we stay on the trend line unbroken since the 2017 bull run, BTC will be no lower than $43k by year's end. Which will break? Which will hold? Who will HODL? Who will SODL?
|
|
|
|
|
Show Posts
