All that is needed for BTC to go up is an absence of sellers and just a few buyers can move us. How long that higher price can last is another matter, but prices are increasingly mobile the shorter the time frame we consider, the bigger issue is getting Bitcoin to close every week a little bit higher then the last till it means something. We can trade all the way upto 30k now and it'd still not release all worries to the downside, its the full possibilities in the price allow quite a bit more variance then most expect but BTC is super volatile compared to most assets. Contrast that large range to recent action and we are adrift quite confusingly with little motion, never short a dull market is the saying quite true imo
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If OP was going to start being correct it would be now. We are breaking upwards with a 2nd positive daily bar above price action which has contained BTC price for a long time. All it has to do to get the higher prices is build this kind of momentum to take apart any resistance above. It can happen, we've seen it before even after quite serious negative set backs. My own take is after a period of no price movement, suddenly moving off can release alot of interest and trades that otherwise were lying dormant. I dont actually think we get 45k so quickly but nows the time to consider the bet upwards at least if not that magnitude exactly.
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I placed a bet on a breakout ages ago, I had to check as I almost forgotten I did it. Hope we get it, was certainly a possible and my basic premise is just simply after so much time under the ice like that a proper breakout does give us energy to propel upwards and gain some. Bit like an empty bottle held under water, theres a force to its buoyancy and I cant say it wont just sink back down later but seems fair we can rise. Of course no idea if it occurs on last day of the month, the whole trajectory of such a move.
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Looking like we have some positivity into the end of month which would be nice. There are weekly and monthly bars to consider also, its good when we can accumulate and build a trend but just a spike up means nothing so we have to see how far this can go also: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Ftalkimg.com%2Fimages%2F2023%2F06%2F12%2FAInk1.png&t=663&c=sDMkPb6fJ3gx-w) Challenged prior and failed, wait and watch. Monday momentum can lapse or build so wanting this to last across the week and at the very least we stay here or higher on Sunday end.
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Bitcoin is not bearish at the moment its just dead calm which does not mean its dead, linguistically close but no cigar. The confusion on that is understable when BTC is full of so much hype at times its like a foam party of nonsense and I find that quite worrying when people are too full of nonsense they forget this is a world first unparalleled phenomena. The BTC blockchain is not a hype driven clown car, its something unique in the universe never in existence before the inception of the first BTC block and it should be respected properly as a long term unique asset. If BTC wants to go sideways for the next six months I will respect that, its not negative for not going up.
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Could be today is the near bottom pricing, as we accelerate away. Its only definite afterwards but I would ring the bell right now as a definite maybe.
Super nice breakout for BTC just recently. Its going past all the moving averages and could really go somewhere maybe, so long as this doesnt reverse back down like it has before. If we continue to trade above and maintain positively above the 50 day average, this is the day you should ring on your calender in RED as the day BTC broke the negativity; dont fall asleep lulled by the market to ignore every move. If we find it all failed tomorrow feel free to draw in a big black cross across that breakout day, it failed but there is no point acting fearful and ignoring this point at which BTC can quite possibly gain in short period in region of 50% over where it was.
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Germany managed to refill their reserves, Im sure it made Russia mad that this was possible for them to do because it ruined their previous plan of blackmailing the country into compromise to their advantage. That alone told me it would not be as bad as feared with mass industrial shutdown however I did think the French president said something useful for once when he warned the winter a year from now would actually be the harder hurdle to pass; its likely the lack of energy is now a long term dynamic across a decade or more.
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We've made 3 attempts in 11 days to break the weekly and monthly averages, its passed each time but failed to set above on any high, we have fallen back each time. I dont know if some will take this as bearish because we've tried and failed, but I take that 3 occurrences to break this range occurred so close together is probably quite bullish to the energy BTC retains for movement. It doesn't feel we are too threatened downwards. most sellers are already done and gone. Anyone selling now most likely bought at a price nearby and just wanted a bet, it didnt pay off so they leave but sum total is that we dont move much as great belief to make big bets is not there. The wider market is bone dry from a lack of liquidity, all we remain with then is a far slower more boring BTC trend minus the hot money hoping for large gains. Observation without bias is hard to do, my take from us going sideways is mostly patience is required and information hour by hour or even daily is not there; dont spin your wheels sitting at a red light. Adjust your pace to suit the terrain its just a slow drift with an empty sky, A steady price can be a positive for some business, I dont assume its a negative from our own personal bias of wanting to trade difference in prices when others just want this flat price and price stability helps them. Underlying BTC continues on fine and this price only appears low if we ignore beyond 2 years.
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Include unaccounted for inflation and we've been in inflation alot longer then just recently. Certainly, ask any common worker if they have become richer during times of apparent GDP growth and its very possible they inform you no, their income has dropped relative to costs. The biggest mistake to make is take all government statistics as a reflection of what exactly is going on, they will state growth with reference to political objectives and nobody is going to argue with what appears to be growth if ignoring the large amounts of new money circulating. The only reason for wider confusion is society has benefitted from technology usage which helps lower costs some, otherwise the situation would have been more obvious a while back.
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Quite a few lotteries require the claimer of the prize to disclose their identity as part of the publicity but also anti fraud type measures. There have been times when the public disclosure helped stop a claimant who was not legitimate, people do manage to fake these things and the company running the lottery can even have flaws its in process also. Personally I wouldnt want to give away information that now Iam rich, perhaps a move of house is now entirely justified and he can step up security that way and lose any old 'friends' who think they are owed a share. Best investment for this money is in property anyway.
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Happens in all markets that some big funds will only take a trade and/or hold an asset when its moving above its 200 day average. BTC has been below that measure for most of this year hence some will avoid this asset as valid till thats true, its some self confirmation that we lose momentum at that point things slow down to more certain levels like right now. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FdjagTwm.png&t=663&c=TgwrQyPMwZP0yA) Dont think I have to zoom out to 4 year that often, just observing 50 days is probably enough to give me a very good hint how positive we are so thats how I view BTC for now. We reject back below 50 day and BTC isnt that strong for now, it is becoming very flat though which allows for a base to break from ? The gradient on the MA itself is not as negative, some ironic positive perhaps.
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On some time frame everyone has a speculation, the main thing is to avoid day to day speculations as almost all people will just get themselves tangled up by the noise and volatility that BTC invariably has. But weeks, months and years its reasonable to observe, if you could work out an entire year would be a withdrawal or retraction phase then its reasonable to avoid that year and that process also is speculation on a larger time frame. Judging larger time frames is far more likely to work then shorter time frames especially with candles as it shows all the price extremes in that time frame vs a line graph only shows the close price. Right now we retract from the 50 day average and have done for months, its fair to say and speculate BTC is not seriously positive until we trade and stay above the 50 day average for at least a few days. Ideally we get all the various moving averages turn upwards, ie. the average and momentum favors a gain. We can trade at any price but some instances become more likely then others, dont fight the tide and BTC has yearly movements imo.
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Everyone wants to work on their own terms, most have no ability to make those demands and must merely go where the money is with no choice on multiple terms. The biggest clue to progressing or only surviving is to keep learning, most people will stop when they leave school as the job itself does not teach anything extra. Some in good jobs might learn, may even be encouraged as an investment that would qualify as a good job even if you do not like the job its still good to gain something more then money. Only very few will work and learn anything outside of work, thats quite rare to make an extra effort of course people are tired but to only exist on the leash to a job not enjoyed wont ever feel enough its not just the money its a waste of peoples talent .
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For resistance I see we do pass weekly average which after a period of time becomes a low bar, the important part is maintain above that measure even after gains of one or two days. Right now I dont presume we stay positive unless we trade above 20.2k and build from there, thats the smallest measure to regain and currently most relevant resistance to state as a first hurdle. Nice to see an attempt to end this week positively but in sum total its just a circle. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F4m0hJlL.png&t=663&c=f5sH5O6qfAO96Q)
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If Musk was going to make a difference in speculation it would it would have happened by now. As the worlds richest man of course it can cause an effect but its going to have to be on action not speculation of what might be, people presume Musk will talk and do little on this point as its not really engineering but more of an ego move on his part. I think BTC price needs to 20.2k at least before we take any positive occurring from here.
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Astralis vs Eternal Fire was very close in the end, didnt feel like it was certain either way there and Astralis are doing well to rebuild themselves post giant changes in their team however it now looks like they can lose to Heroic. They have to keep readapting and changing to survive and get better like they were before. Considering the odds for Astralis getting a nuke win to go on in this series is well over 10 to 1 its worth a bet as underdog. Every great team has to come back from nothing or they are not great, its more then just winning its the ability not to collapse under pressure.
Mibr vs Fluxo later mibr have the higher odds despite a much better ranking. Fluxo seem likely to do best on their own preferred maps, I think bet for 3 maps is reasonable.
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We can expect a breakout, an attempt to move the price from the current drift because rarely is Bitcoin rated as more stable a standard then various other assets and measures. In fact quite ironically if BTC did maintain a very steady price it starts to become higher utility in certain trading swaps for that stability, hence when we reach that point it will very likely change I think a bit like magnetic polar opposites can repel etc. The tendency towards just one price recently is short term and would have to be confirmed in multiple ways just like any other kind of support or resistance, we are right on the weekly average and we've tested downwards a number of times I think we go up a bit to test prices there.
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Convenience brings a danger to many things, including simple transport with engines everywhere where once they were barely roads previous. Its the curse of modern advancement, its not something we can easily turn back exactly it just requires more discipline in thought and practise and must apply to gambling and finance also
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Who the heck are IKLA, they won it. Ukraine team, recognise none of them sorry. Its requiring much caution when betting in these increasingly minor matches and tournament, seems the team play for practise more then advance perhaps. Tired, maybe trying new strats not certain but glad I did not try to guess this match result personally.
Eternal Fire have won no matches on Mirage for months, that simple fact when known to the enemy makes the overall series harder to win when they are forced lose 1 of the map picks for some reason the team dislikes one of the most popularly chosen maps.
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I always prefer the underdog type bets, the high odds that require less of a bet to come through as a win even if occurring less often just have to more sure of your aim when you place it. BTC can for sure break out any time now however I have no clear way to say that will happen never mind stick at the end day to this month. So I guess 1.49 would be a nice bet to say we stay where we are because BTC has been going sideways, its erratic or volatility has been reducing I would guess some gauge would confirm that but its obvious the lows vs highs as a ratio are reducing weekly. In truth we havent been positive trending since August at best, its just been a vice we are caught in and trying to break out so far its predictable but it'll spike some day even if that price fails and we return to 20k area anyway. Thanks for that Q&A worth a merit for sure 26,848 free spins I never heard that many, is that wheel of fortune spins or the hourly one because thats 3 years constant hourly free claim ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) I have well under half that number showing on stats page, my first use of the site was very silly I never did more then just a cookie to hold my account in place I probably did that multiple places back when webpages could mine and .001 in wallets was pocket lint opps ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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