MasterLuc May 17 : Just dropping some stones into short term bearish pan. Hidden bearish divergences on daily chart.
On the other hand, the weekly close was a bullish engulfing. Given the quick rebound to $10K, I'm not putting too much faith into that bearish divergence until we break last week's lows, or at least the daily lower BB (currently $8,330). I also think the divergence is weak. But a breakdown downwards would not be unexpected. For now, we're still in limbo. |
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its a pipe dream. But I don't want to spoil the bulls' party. But I do expect the impact of a stock sell down on the Bitcoin price to be less this time. They know how hard it can (will) rebound. |
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Stick it up his ass...  Not so quick. It ain't over yet. |
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Hardly a divergence.
At this point, TA doesn’t tell much. It could rocket up any time.
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and unbelievably rude when she herself asked the question and people kindly took the time to answer her
I did not want to mention it but, yes, what a lady  |
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More of this again?
TLDR version? Bitcoin goes up. Armstrong is a fake artist. |
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https://twitter.com/jk_rowling/status/1261396891784413185"People are now explaining Bitcoin to me, and honestly, it’s blah blah blah collectibles (My Little Pony?) blah blah blah computers (got one of those) blah blah blah crypto (sounds creepy) blah blah blah understand the risk (I don’t, though.)" Unbelievably short sighted person I understood it within 30 seconds. I have accepted that it wil take a generation for the rest to get it |
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I wonder what happened to adamstgBit. On a yacht somewhere hopefully.
He was regularly pilloried for not ascribing to the catechism of the echo chamber. Got tired of the abuse and left for The Forum That Shall Not Be Named. He went off to 'self' quarantine from SEGVID-17 Hope he's still healthy He self-quarantined for the ‘wife don’t like it’. Can’t blame him. I just don’t tell the wifey that much  |
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I'm counting 15 blocks in the last hour, that's kind of nuts.
Does this mean that hash rate is increasing? |
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I don't know if it's just me but I'm constantly disconnecting from Kraken. Fortunately most of my orders are preprogrammed.
 ...when Kraken servers go prrrrrrrrrr...Don’t trash talk the ZX Spectrum. I have good memories of this machine. Probably a much better device than Kraken’s trading engine |
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Looking at channel. This is fine   |
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The 'Halving Correction' will take some time to digest.
Patiently awaiting the retest of the $10k barrier after that.
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Moral of the story: Stay the course, stay in Bitcoin, don't give in to shitcoins.
If he held on to Monero and sold near the top, he would have done just fine. Moral of the story: if you dump Bitcoin for a Shitcoin, be impeccable in your timing and choice. |
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It’s fun to have the dump happening pre halving this time. Then we don’t have to do it post halving.
I’m accumulating more.
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So. If that is the case, where does that leave us now?
A crashed economy with all kinds of letter alphabet emergency facilities bailing out the usual suspects under the pretence of the ‘China’ Virus instead of our rickety monetary system. You heard it here first |
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Working as advertised. Spending on the card is immediately notified on my mobile.
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Would be great to arrive there in 5 digits... Yes indeed. Hanging around this $8,700 through the Halving would be a let down. |
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Alts moving up again. This could mean that confidence is rising again.
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Well, whoever dumped found willing buyers. For every sale there is an equal buy. There is nothing fishy going on except that the party engaging the transaction sets the price. If selling, the price goes down while eating through the available bids.
Some people got lucky today with buying cheaper Bitcoin.
I keep the option open to buy some at $7,700. If we won’t get there, fine as well.
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