Good Morning all.

Bitcoin is continuing to fall after a late night rally. We are back at the $6.6k range for now but I think we are not at the bottom yet. Possible support levels are indicated on the chart at key Fibonacci intersections.
Welcome to Bear country.

Waiting until there has been some actionable data. Even now confidence is low..but I think there is a toe hold happening at $6.6k

1 hour



4 hour



Daily

Well...interesting day to say the least. Waiting to see if this turns into resistance or support after the close of the daily.

Hodl craefully.

Support at .786 fib has been tested and is now holding around $7.6k. A full retrace down to $7.3k is possible to complete the double top. I think we are pretty close..

#btfd #dyor

I am not sure I follow..  Bottom support between now and then?  Funny thing about support..it is until it isnt.



notice volume..somethings afoot.




lol'd at this..   pssst...you blinked.

Moving along this channel nicely. Same group of fudsters still trying to punch the price down for cheaper coins. I am still of the same mind that getting below existing support levels is going to be difficult and chances are fading by the hour as we close in on April.
#dyor #cryptouplift



captioning classic photos is turning into a obsession...


Dont be Greta.

Did our resistance become support? Testing .618
$8.2k next stop?
#dyor #btfd  $btc

Only 2  possible dear tera bear?  Maybe. Bitcoin always surprises. I do like some of your lines but they always seem upside down to me lol..invert that blue line with the lows being about where we are at..and the dip at the end is actually a rocket. ^.^







Can be effective on shorter time scales as well.

Having more of the same as we move sideways.  A key fib level at .786 still has NOT been breached so far...and this is a good thing for the Bulls as it indicates strong support at this key area. The Bears had cause for excitement earlier as a forming pennant was broken and a brief downward spike occurred was stopped by the above mentioned support level.

A lot of what I would consider over all good news happening too..and yet the price has still remained fairly stagnant . I am sure we are all hoping for a bit more volatility as the weekend and the end of the month draw closer.




As we step back and take a look at the over all picture we are again right in another area of confluence. $7.7k on the low side and 8k on the up..this is where the battle is joined.  Curious about this April 1st zone approaching as well..seems we might get a suprise one way or another.




@JJG  the comparison of each of the last 3 springs does have some insightful information imo. Looking closely at around March 24 the selling pressure relaxes and a clear uptrend starts forming that carries through early summer.

I am a fan of the zen way of thinking...a true master would make one mark and everything would be crystal clear. I obviously am not so I just do the best I am able. Besides...I like rain.

Good morning tribe.

Upward buying pressure has increased as we head deeper into the week. I see a nice steady flow of buys over the last 12 hours indicating building market confidence. I believe we will be testing resistance at $8.3k soon as positive buying sentiment returns to the market.

The chart could be slightly exaggerated( ) but I think the market is going to move back towards that over all trend line at $9.5k+.

#dyor #btfd

+3 well earned WOsMerits JJG.

The battle continues in the trenches. Nothing new to report really, just wanted to share this comparision of the last three spring seasons.




+1 WOsMerit   Much JJG..very fractal.  ^.^  lol'd

RW..sad..but willing to part unsticky..hope you drop in when you can. Take care.

Deep dips into the liquidity pool at $7.8k and increasing volume tells me that one way or another..the situation will resolve soonish. Mho on it is that this is a normal sell off period for miners, people doing taxes and businesses with quarterly expense schedules. A whale or three appears to be trying to take advantage of it by driving prices even lower. This lines up with past time frame analysis. If support is broken here it would in turn become future resistance and we would probably find support retesting a $7.5k level or perhaps lower.

April is right around the corner and it will start getting better. People who expect a long down turn can forget about it..I will not make any outlandish boasts or claims..but this is a order of magnitude we are running into..its going to be felt loud and proud soon. You can quote me on that.
#btfd #dyor #stronghands

+1 WOsMerit Congrats Arrie... I am sure you are going to love it! Walking a couple miles a day is the key.



I want that stack of pants back...


+2 WOsMerits  The ones with the lower case "o" just are not quite as powerful..

+1 WOsMerit @samson yep..thanks for the info..   fyi...most attorneys recommend not discussing ongoing litigation..ymmv.

Nothing but good news coming in and the price is going down...huh.. Sheeples should not own bitcoin imo. Please..more weak hands need to sell..we can get this down to 6k or lower I am sure.


i am thinking that doing the opposite of what ever i say at this point might be the best advice i can give. #dyor #btfd

Cleaned this up some.
One of these three "knuckles" could be the launch pad I suspect. Massive liquidity volume in yesterdays candle. Unsure if a attempt at 7k will happen before the price spike or not. Many are drooling over the thought of cheap coins but I suspect building buying pressure is going to take that out of reach quickly. Increased volume in the 4 and 6 hour range will confirm this notion imo.

#dyor


Made this to poke fun at the SV conference but I think I will use it here to irritate that silver guy. Who spends waaay to much time trying to "save" us from the evils of a digital future not to have any skin in the game.

Do you mind?  ..almost done.



Hodling steady...might dip down to 8.3? Still no upward movement even with clear skies ahead. 8.6? ..meh   
I dont know about you all..but ready to blow the lid off this joint.



#btfd #stronghands #dyor



Not a gay cowboy but I do give awesome support..just saying.  HODL!


Speak the gospel jojo..preach!


So proud of Elon to dump that honeypot bs on the spot. Dump that zucker sez I.
Useless tmi: I have been a grateful hetero for all my life, sorry Bob...but damn do I have a man crush on that guy. He is a giant but still so humble. Without a doubt he will be the 1st President of Mars.

Maybe...doubt it though.
Not going to stop me from trying anyway.  ^.^


#dyor #btfd.

Sideways is still going on as whales try and get cheap coins...this will continue with local highs and lows until around the middle end of April as far as I can tell. Rockets in store for the late spring early summer imho.
The next 29 days are critical.



Um..bout that Torque, not saying things are not great but...please re-read up on orders of magnitude.. mini /s

#dyor

Take care all. #cryptouplift