After serious consideration I have come to the conclusion that I have no idea what I am talking about. up/down scalps and horse lips 1h #dyor 4h #clueless *apologies Searing...stolen fair and square
|
|
|
the noon wall report Fighting off a 1 hour double top on stronk volumes, bitcoin is currently trading around $9,492.03 Continued assault on local resistance levels increasing as we get deeper into the week. #dyor 1h cat looks towards the north 4h #stronkhands
|
|
|
--------- Before it looked like we broke up.... it always looks like something, but what does it means in BTC
+1 WOsMerit 1 bitcoin still equals 1 bitcoin --------- Tomorrow looks to be quite bloody for legacy. Will be interesting to see..can already hear the brrrrrrrr machines going brrrrrrrrr. Continuing to buy the dips and hodling. --------- Bitcoin, stocks, oil falls again due to second Corona wave fear.
Can we get through the first wave first before panicking over a potential second wave?
|
|
|
canopy deployed sir...bouncing off the 30 and likely to test s/r between the 0.5 and 0.618 #dyor 1h 4h #strongpawskittahs
|
|
|
the weekly wall report meh 4h Nope..no hammers..just puffy clouds heavy with rain. D Slight typo...funny however. W #hodlsleep
|
|
|
The forum is so fucking dead I don't remember a time it was more deader than this and I've been around for a loong time.
It's all your fault, you know. We all lost much faith when you emptied your bags. +1 WOsMerit nocoiner shaming...this is the way --------- Observing a battle just below $9.4k as we near the weekly close. I can see the silhouette of a nice sized sledgehammer possibly but kinda distracted doing....research. #dyor D #stronghands
|
|
|
Vaguely aware of such a concept yes.. Narratives interacting with black swan events tend to be disrupted..that all I was saying. I am fairly certain that no matter how long it takes...we are heading in the direction we all wish to go. That what happens in the short term (ie. the next year or so), I am prepared...as I think you are as well. Whilst I cant say I have no doubts...I consider them trivial.
|
|
|
hmmmm flip a coin? I will be honest..I am not sure what narrative drives the price above $10k right now and sustains it. I still think we will see a pump over the next week if the fractal from last year holds. But I dont see it continuing in a years long bull run like everyone is hoping for. There is to much uncertainty in the world right now. Logic would dictate everyone pile into an actual hard money to preserve wealth but markets have never been rational. So basically...in typical bitcoin fashion...pump it up and then dump...thats my two sats So yea...kinda feeling a little bearish today..will just have to see what happens over the next couple of weeks. locally continued sideways... lost in this cloud with what appears to be a small dip right out in front of us should try and reclaim $9.5k support in the next 24 hours I believe 1h slightly longer time frame still appears compressed and ready for a sharp move 4h the daily is still tracking projected plot but change is imminent...again a sharp break away seems almost necessary at this point #dyor D #stronghands
|
|
|
Fuck it. I'm still angry.
See y'all at $7k USD/BTC, where I will be sure to stack more sats.
You better get back on that plate training right now mister...none of this crap. And for the rest of you snowflakes...this is it..this is where generational wealth is earned. Now man the fuck up and buy the dips. That is all. #stronghands
|
|
|
Good morning gentlemen Seems like we are experiencing a subtle fractal from last year imho. Support in the $9k range appears to be much more robust this year compressing its shape somewhat. #dyor D #stronghands
|
|
|
the evening wall report Another volatile intraday showing by bitcoin as we close today at $9,894.32 Currently trading around $9.9k above short fib resistance at $9,881.68 and closing the door on a possible bearish long wick doji from the previous day imho We have earned 5 digits and will not be denied That is all 4h #dyor D #stronghands
|
|
|
off the 1m charts kittah...it is not healthy #dyor 4h D #stronghands
|
|
|
hmmmmmmmm
hmmmmmmmm... indeed.
I want to believe this one is real... but... I have doubts.
do not doubt..the same policies that led us to this point are still in effect and from what I can see..the plan is to double down on unlimited printing to sustain 'their' goals...what ever that means. 'how ever long it takes' ftfy buy bitcoin ---------- https://www.theatlantic.com/magazine/archive/2020/07/coronavirus-banks-collapse/612247/reforms were well intentioned, but, as we’ll see, they haven’t kept the banks from falling back into old, bad habits. After the housing crisis, subprime CDOs naturally fell out of favor. Demand shifted to a similar—and similarly risky—instrument, one that even has a similar name: the CLO, or collateralized loan obligation. Same old shit, different name, coming soon. +1 WOsMerit ---------- wb beautiful observing 10kish
|
|
|
https://www.federalreserve.gov/newsevents/pressreleases/monetary20200610a.htmThe Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals.
The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. The virus and the measures taken to protect public health have induced sharp declines in economic activity and a surge in job losses. Weaker demand and significantly lower oil prices are holding down consumer price inflation. Financial conditions have improved, in part reflecting policy measures to support the economy and the flow of credit to U.S. households and businesses.
The ongoing public health crisis will weigh heavily on economic activity, employment, and inflation in the near term, and poses considerable risks to the economic outlook over the medium term. In light of these developments, the Committee decided to maintain the target range for the federal funds rate at 0 to 1/4 percent. The Committee expects to maintain this target range until it is confident that the economy has weathered recent events and is on track to achieve its maximum employment and price stability goals.
The Committee will continue to monitor the implications of incoming information for the economic outlook, including information related to public health, as well as global developments and muted inflation pressures, and will use its tools and act as appropriate to support the economy. In determining the timing and size of future adjustments to the stance of monetary policy, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments.
To support the flow of credit to households and businesses, over coming months the Federal Reserve will increase its holdings of Treasury securities and agency residential and commercial mortgage-backed securities at least at the current pace to sustain smooth market functioning, thereby fostering effective transmission of monetary policy to broader financial conditions. In addition, the Open Market Desk will continue to offer large-scale overnight and term repurchase agreement operations. The Committee will closely monitor developments and is prepared to adjust its plans as appropriate.
Voting for the monetary policy action were Jerome H. Powell, Chair; John C. Williams, Vice Chair; Michelle W. Bowman; Lael Brainard; Richard H. Clarida; Patrick Harker; Robert S. Kaplan; Neel Kashkari; Loretta J. Mester; and Randal K. Quarles.
Implementation Note issued June 10, 2020 Last Update: June 10, 2020
brrrrrrrrrrr
|
|
|
Must be nice to work in a "team of in-house research experts".
I am pretty sure somebody here could post a truly adequate photo which relates to the topic: a "team of in-house research experts". Team of in-house research experts looks something like this: It's an idea that composes every peep.. peep, peep, peep... wrong wrong wrong...your doing it wrong...in house experts should resemble this
|
|
|
WTF, Tesla stock. W.T.F.
Terrifying for the poor pleb investors.
and robinhood and TD A down...again... these guys been studying the crypto exchange playbook grabbing legacy auto by the va-jay-jay #RIPLegacyAuto truck and semi are coming guys..look out as with bitcoin imho..things are just getting started some are talking 10k a share
|
|
|
1h
|
|
|
|