Nice, I had the 15th March stuck in my head as the day it'd qualify but today is good also.   Just did the free spins, its very convenient and lets you spin all your daily free spins at once with a summary of what you won.   Obviously 15 iphones, I'll post proof later _{when it actually happens :p}

We've had a good rise recently after prior negative trend, so I will lay out a case for the bears who remain ever hopeful.



Ok so we have a bit of a reversal here, I just heard a trader say a close on daily over 51k is quite bullish.   That might be but I want to see the price over this upper band here at 52k, I wont say it has to be today but its possible we have some stall condition here and price action may need to prove otherwise.    Another perspective is we are failing below a 12hr average which represents strong momentum to me, so I'm watching various measures but in simple terms have a look at 52.1k  for a tide mark as to wider direction perhaps.


Also this is 1hr bars, left side of the chart we had 2 day MA rise above weekly MA which has been a bullish scenario previous.   We may pull back to check lower prices and its a brief negative, not sure.

If you have 1 FUN token I presume after the 15th of this month you will have the full benefit of being able to sell it at the market price and its a long term token so thats the brief but undoubtable benefits.    I dont know how all the exchange and other types of loyalty type tokens work but usually its worth having a few if the site is being used regularly anyway.    Best one I ever had and this was over half a decade ago was a royalty token tradable but also giving a cut of revenue figures and the asset value price also tripled for me; I have to add it was with risk as the exchange didnt last but everything owned is at some risk.
   The biggest crime imo is people who hold cash dont understand they are creditors holding a zero coupon bond and the value payable on demand of cash can be zero, too long a point to make here but the world doesn't contain a no risk option for anyone anywhere and thats more true now then any other time in my life.

Heres my daily view of the decline and our recent positive move upwards.   It does seem to have pushed past that negative trend, the fan pattern is Fibonacci retracement apparently or some voodoo like that anyway it fits what occurred roughly hence I was bullish recently and it's played out as such.



We made a lower low then promptly ignoring that rose anyway, its not touched the 50 day average so more of a medium term look its more positive then expected by some traders I think

Its hard in trading to buy back at a higher price but the point is that after some time it can be a safer trade then the initial situation.    A classic example of this would be results release in a share which can spike the price both ways before settling into a proper trend in a more final direction.   But also any price can be altered by jobs report or a talk given by the FED and this even applies to the BTC price, we have jobs data coming out for USA this Friday I think and its only one country but Dollar is by far the dominant FIAT trade worldwide and so will alter the BTC price at that time.   
   Future is always unknown and trading is lots of maybe maybes.    The 15k area was a trend break of the decline since 2017 peak, I even had this drawn on my chart I just didnt know it mattered on such an epic scale as we've seen the price rise.

It would gain him more in free advertising then it costs his company to allocate, its probably tax deductible or some similar accountable balance.    I could imagine less likely things occurring, seriously he should but Im really lost on how serious Elon Musk is or what his strategy is with Bitcoin especially, maybe he just wanted to hedge the dollar.   He hosted meme review one time  , he is a living legend but also an engima so I say never say never.

2 day average about to cross above the weekly average which was a bullish switch last time it happened.   Watch for this rather then weakness first, worth paying attention to whether we qualify upwards as if it fails then it may lead to some measure of weakness from speculators leaving positions.   Its not especially weak in this moment overall, we've outlasted the bulk of selling seen last week initially.   Really strong price action might occur when we trade above 49 to 50k area with a 4hr closing bar;  seems like there is a process of consolidation that requires some patience in conclusion as to our direction.

Elon Musk would, someone mention it to him.   Surely he appreciates the foundations of what he has come to appreciate.   I think it was the bug section or submit thread where the amounts were linked to gold rather then BTC exactly, which has also risen but is far more level over time as its supposed to be in theory.

Halving is not the cause but it surely helps as it reduces the supply.   The factor always under considered is the other side to the price equation which is not just Bitcoin but dollars, we have an excess supply of dollars just as Bitcoin reduces its supply.   Because dollar is the denominator or opposing factor to pricing it also makes it easier for price to rise; if we had the reverse condition and dollars became rarer in common supply it makes for harder progress in Bitcoin price as demand sharpens  vs dollar supply.  
   The bullrun occurs mostly when people come to expect further rises, at some point always it will reset and in a healthy way this is regularly occurring and so allowing further gains after some pullback.   So far thats been the case, Bitcoin may yet rise further still.

Nice setup, its hard to know the right combination of song elements that would win but I rate the Irish and French entries.   I think the French entry has more passion and might have a better chance but obviously I need to hear them all.   The Albania entry, I liked the Oboe in it and sometimes a song itself can be greater then the singer but in this case I dont rate it overall.   Those rumours appear often in showbusiness its hard to know if true or not, people get jealous but my judgement anyway I dont think it will catch enough attention internationally to get the win overall.
  The Cyprus entry is too generic, I got bored of that one feels like a worn copy of something I heard previous years maybe a decade ago; not terrible I dont hate it but its not catchy imo.

Probability theory is hundreds of years old and tries to estimate the cumulative odds but I take your point that each instance has no force behind it to be any different in singular consideration.   This was actually my maths course for 2 years, I always thought that was pretty amazing and the study of probability and statistical analysis is possibly the most immediately relevant and widely applicable subject there is to learn.   However even while its a useful subject of study to consider its still very advisable to stick within simple limits on spending keep it fun size nothing that'll ruin a day imo is best; accept all the luck may be out like the tide that day.  Extremes can happen so a set budget is the best policy imo and just come back another day, I agree its best not to chase a loss sometimes that's just how it goes.

Nobody knows but you can set certain boundaries to price and take an approach based on probabilities, that can prove profitable so far as I know as the trade will pay more often then lose if the theory is being applied correctly.



Simple take here is price rising while above a 12hr average, it wont stay there always but theres a regular pattern to most days of price action.      The upper price right now is 2 day average, thats a simple take and above that I was speculating about a 50k ceiling matching prior lows.   So long as we can draw conclusions based on prior action its often a reasonable point of view and markets tend to repeat in waves.

About 49k would be a good measure to hold as a low right now, its around the weekly average and a few other takes that could form an upper edge to range of BTC price action.   I wouldnt say its in danger especially just standard revision in pricing after alot of rises.

Price is rising off a monthly average, its pretty sturdy to find this as a bottom price.   What also I saw short term was a lower low but it might be more significant and catch a few off that we rose from monthly and did not reach the 50 day average as previous selling at Feb start fell to.   So short term a few might be too negative and missing that if we put in a higher low on daily bars its showing price is more positive then thought (medium term).   The proof will be to pass and confirm above the weekly measure around 49k, that encompasses most of the recent selling so exceeding that would seem to indicate that phase is diminished.

Anyway on this particular day Iam more positive for that reasoning, its still a changeable situation and we can sell later on today I can only say to watch or measure the strength of that selling after this recovery.

Nice, I love that proof of stake has the longevity for these ideas to play out.  Im reinstalling but will be staking again soon as I catch up, thankyou for your work

I didnt place any bearish bets on the monthly price this time, didnt think it was worth estimating that one as an outcome vs the price exploding upwards was in serious prospect.     BTC action today has it breaking past some of the negative action, its basically going back to weekly average and see how it fairs at 49k.   Trading above that simple momentum measure should mark a more positive price action then we had since the Musk meme shook it up and back down.

I reckon ETH going proof of stake will lower transaction fees quite a bit for them, its a far more efficient process that might even seriously challenge proof of work and BTC method I've been interested in that dynamic and staking since 2014 myself and the POS idea is quite valid to go mainstream imo.
   Why does that matter, it'd be the first big change in crypto for a decade far more valid then the forking nonsense.   I know theres a few other POS attempts but ETH is the biggest most viable to change the landscape afaik.   We live in interesting times  

For the moment the correction could be over, medium term is a different argument but Bitcoin can move alot in smaller time frames so its not something most will ignore.



Pushing past something of a regular down trend and also 12hr average which can be a fair show of positive momentum.     Watch 44200 to hold on 4hr bars for whether this was a qualified area to rise from or failed as we enter the main trading week.

It wasnt zero worth, its an active company but growth and usage helps alot more.

Its not impossible to value the prizes, there might even be equations used to equate probability to some worth though its unknown in an absolute way the market values future worth every day in the tradable price of many assets.   Or simply take the lowest prize as the base worth but sure the interest is probably the biggest deal for a big holder (or the cashback).
I dont think its a situation for someone who is going to leave immediately.   I estimate the period of these few years coming up will be positive and so its generally going to be ok to hold.   I dont know of course, it could be this current gain was the peak but I imagine its more about gains over time not just price immediately reflecting speculation.   I dont reckon we'll be just mulling over the Elon Musk peak in 2025.    I can see it might be the high for the year, I heard a big trader say 6 months possibly and thats not especially negative just normal averaging or consolidation; I did estimate 2020 would be flat in sum but then we went full 28 days later  

Price action is once again in the area of the recent lows, frequent test at this point and not especially reacting to surpassing the duration of the downtrend with a bounce back that reaches 50k again.   The high prices match the 2 day average which is in decline at this point though the overall average could be said to be sideways its yet to prove itself beyond the negativity.   I wont assume its especially negative beyond short term profit taking, a rally this size should be pulling back if its going to sustain in the longer term.

Seems correction underway is already a reasonable premise.   We have a regular set of decline in daily bars though there is an element of rally every day its not rising as previously in character.   I think pullback to a lower price is a fair conclusion for the moment.



Last four days share a similar kind of support area so I always think its best to watch the trend most accurately through the lowest prices rather then peaks.   A bearish target for downside action would be about 40k and also near to 50 day average, that could be a good place to watch for a finale to negative action in this present phase.