We can call the bear line irrelevant after we cross it, and even then it should provide support
that's not what i mean, there is no "proper" trend line that you can draw from 19k, unless you going to take it from ATH all the way down to 6500k , ignoring all previous highs, such trend is week/irrelevant. the only valid trend line with 4 points is the one from Feb 2018 at 11930 connecting 10120 , 8400 and 6500. refer to the image above. There is no particular need for us to agree on the interpretation of seagull entrails. I place the bear line at around $4,500 currently and the first real test of our baby bull market. I would be surprised if we could cross it at our first attempt. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FFhzhx5F%2FDaily-bear-line.png&t=663&c=vEomO5jPZaplpg) Zoomed in ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FvcpqhTP%2FBear-line-zoom.png&t=663&c=hVIzkBOw8joouQ) my major concern is the upcoming resistance at 4500$ area
Relevantly both of us place upcoming resistance at $4,500. Perhaps it doesn't matter how we come to the conclusion that resistance is at $4,500, if we both agree on it.
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Where my Bears at? ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Coming out in a few hundred bucks as we approach the bear line
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by the way i am interested in seeing how you draw that trend from ATH as it seems a bit irreverent to me now, the only trend line that makes sense is the one that has Feb 2018 high
We can call the bear line irrelevant after we cross it, and even then it should provide support
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I like the video... It is fun, and pro-bitcoin.
I also did not know what the fuck or who Zhou Tonged is, but it appears that from the urban dictionary, "getting zhou tonged" has gained some notoriety, like the way we say "getting roached" in this thread.
Anyhow getting zhou tonged is getting margin called.
You didn't get Zhou Tonged? noob, I lost 10 BTC to the guy and no, it is not getting margin called, It is getting Quadrigacxed
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even though Hairy the no longer bearie.. seems inclined to count his V8 chickens.
V8 owes me 1.2 million satoshis. That’s a lot of chickens.
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Peter Peter Pumpkineater ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FWBtbHvs%2F01707-FB5-7967-4-F7-A-A772-9-B2-C8-A611-FDF.jpg&t=663&c=uvDq8e47Ikm-Og)
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I’m already 95.8% in. What are you waiting for Peter? presumably the leetle dip below 3122 I am already planning what I am going to spend that 0.012 you owe me. I hope you have hedged your position.
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I’m already 95.8% in. What are you waiting for Peter?
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But since we are speculating on things & physics is my hobby, I would have to go with the multiverse theory. All universe's are tangled and intertwined between them in a constant state of superposition. Very simply put, 'our' universe big bang, originated from another universe black hole collapse!? The real question is how did it all that start.
I am with you on that. The singularity doesn’t seem particularly stable so what was before. I would like to think it just another big cycle. Eventually space time will start to shrink, the universes will contract again into a single point and then re-explode. If we are in a cycle then the answers to our far distant past lie in our far distant future Edit: hey it’s actually a thing. https://en.m.wikipedia.org/wiki/Cyclic_model I guess it’s a pretty obvious thing to think
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Apparently yesterday was highest volume on CME ever ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FZcBxvFc%2F8-B7-DDDCC-D7-F7-4982-8167-BC045-C007-FD0.jpg&t=663&c=JZSpZKTdfiko8w) Edit: sweet mother of god confirmed. Look at that volume candle. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FMfnXXLG%2FFF5-F2-B62-E8-AE-4179-B866-92-A800-C286-C8.jpg&t=663&c=icEllnE1lVD9pw)
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Guys let’s not get ahead of ourselves. Let’s see how the next cycle goes.
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Dec 31st, 2020. Who would like this man to be right?? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) I hope he is wrong and it gets delayed to Jan 2nd and save me a ton of taxes. About 5 years too early in the best possible bull scenario
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Thats ... cute, I guess. Quite derivative of a site operating for months already that allows anyone to feed chickens by making an onchain BCH tx. But I guess some are destined to be followers. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Can't you really see why that specific "service" is way more appropriate to be done in L2? Sure. It's appropriate for L2 if your L1 isn't up to the task. Immutable chicken paymentsDon’t mention the zero-confirmations bit
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His quote The simple, logical, Occam's Razor-esque answer is that a significant chunk of these anonymous, Off-Shore Assets are actually controlled by the Chinese Communist Party. There is no other rational, logical explanation for it. Imho his analysis is dead wrong. The growth of financial assets in tax havens is simply the diversion of assets out of Western economies for tax efficiency reasons.
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I'm constantly monitoring the price of BTC, but we struggle to stay at $4,000 level.
Any chance for the 2nd pump?
What price will we land next?
Yes. I will specifically assert that currently there is a chance that the BTC price will pump above $4k in the coming days. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Cmon JJG we need a percentage chance to 3 decimal places ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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I really can't understand what is causing that much tx's. I mean, the peak of 2017 was probably because of people claiming forks and the FOMO (buying/selling) during the last months. What is happening now? Is it increasing adoption in the middle of a bear market? On second thought... fees were as much expensive during the 2017 peak that many people (including me) were very shy about sending any tx unless strictly needed. Now you can do it without a second thought.
I don't know about you but I am quite active at the moment sending small txs as I buy bits here and there.
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I meant that there won't be a report that comes out this week or next. But yes, I agree with you anyway ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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A lot of noise that the Mueller report is being completed this week.
Hairy prediction: nothing will happen
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