Whats the interpretation of them? Do you see the price dripping to meet the green support lines?
My interpretation is that BTC has 1 or max 2 weeks to break above 4800cny again (could happen of course), so this was a small pullback only. First very strong support is 575 area, then 540-550, then 475-520. I made more detailed analysis for my members which I would not like to say here public. Point is it has to recover fast for 2 reasons (pretty obvious ones but will not disclose them). I'll be speechless, if it happens in the next 24 hours.  |
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Maybe it's the halving and miners pumping to maintain income?
In the short term, Bitcoin gonna make a bunch of people richer, but with the majority of those who take a bite of the apple, ending up poorer, just cos this is the way zero sum games like financial asset trading must be. How can this be a zero sum game, when there is only a limited number of bitcoins on one side and an endless amount of fiat on the other ? |
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3000, i like that number. |
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This looks much better! You are such a bull.  |
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No one with a brain is calling you a troll, Ryn.
But it's hard to imagine bitcoin at around ~100$ in 2018.
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Funny how things can change in just two weeks.
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Buy between 2850-2920, sell if we close 15m+ below 2850.
Are you neutral, bearish or bullish for BTC right now ? How do you see short-med term ?  Didn't Klee already explained it in full detail ? Bear trap if it stays above 2850 and then a halving rally - or doomsday if it breaks this level including a postponed/cancelled bitcoin bubble and brutal pain for every longterm holder/crypto enthusiast. |
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Hey Roslin, just saw that you opened again a few more slots for the campaign. I would be glad to join this campaign and promote the company through my signature. I contacted you already twice in the past, hope that I might be more lucky this time. Like erpbridge, I was kind of inactive lately, nevertheless my activity should be approximately around 900, and I am posting strictly on-topic and without much noise in my posts. Best regards, Wex |
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Great analysis, Mat. Covering many points including the very important swap ratio. Pretty much sums up my thoughts. |
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Congrats! What sums are you trading, that you are capable of making this kind of profit of these relatively tiny market movements ?
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What are your latest updates my friend ? Bearish or Bullish ?
Looks like another run against the 465-475 resistance. It's gonna get really crazy if we pass 480. I don't believe, that the 504$ top of november is of any resistance for the price movement. 2 months before halving everything is bullish. Yeah, I know that you meant Klee with your question..  |
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I don't care.. new paycheck -> new bitcoins ! |
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He didn't say what his alternate spam acct name is. God only knows what that is used for. I have multiple accounts, in different names
Quoting only half of the sentence makes you look like a retard. And contradicts the whole idea of your thread. |
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Yeah, his antisemitc bullshit is unbelievable..
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$443 is the bottom. The sell sides on places like stamp are real weak now.
Fucking hell! You are sounding desperate... I had better get my buy-ins even further down the Bid Wall! Edit: too late....in at $435. Good job, Mat! |
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I absolutely agree with your point. That is why I took a position before the ending of the very big triangle. From a day-trading point of view, it sucks to enter after such a violent rise(with low volume). On the other hand, the triangle broke to the upside.
But it gives high confidence in your decisions and also in the strength of your hands if you have a concrete perspective for bitcoin in the near future. I expect bitcoin to be in the next years in a price region of 3-8k$. (The halvening is a part of the puzzle, that makes these regions available) This makes it easier to hold even if the market turns to the downside of a trade. (and ease of mind)
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And others are still in the game since 419$.. |
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Resistance zone from 465-476$. Moontime if >480$? I can't see any PnF resistances, only the tops from january(465) and december(475). Very, very thin market currently. |
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Crazy market movement. Totally unpredictable.
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