Good morning. There appears to be a fire sale in legacy markets this morning. This is fine... Bitcoin however resilient seems headed for new yearly lows. Testing support in the $3.6k range, we have already pierced that milestone..at least on some exchanges. Indicating further declines are in store. 30m  Whups.. Yup..thats a new yearly low. 1h  4h  D  |
|
|
|
"uhh..I mean puppies of course.." *cringe* My father had foresight. That's why he turfed my mother out into the woods every night at 9pm to feed on raw small animals and strips of bark while brewing me. Thanks to him I have a micropenis instead of a nanopenis. "looks over at cast iron Lodge pans...looks down.." There must be some other explanation. Fluoride in the water..Alien abductions, cosmic background radiation, something..work with me here. My father had foresight. That's why he turfed my mother out into the woods every night at 9pm to feed on raw small animals and strips of bark while brewing me. Thanks to him I have a micropenis instead of a nanopenis. Here's to the small victories! Indeed..this mind set will be needed in the coming days. +1 WOsMerit ------------------------- The downward trend continues with a clear breakout of the bear flag. The Yearly Low is but a whisper away. $3k seems likely to be tested at this point. When will the bleeding stop? Mid $2k's seems like a pretty good all in bet imho so I am not sure $2k will be broken..for now. Not unless some monumental news takes it in one direction or another we could be range bound for some time. 30m  #stronghands #dyor |
|
|
|
|
Im not sure its safe out here guy's.....guy's?
-----------
Yes, Yes, Yes, No.
+1 WOsMerit anyhow for decent newb post. Seems legit.
Carry on.
|
|
|
|
sh!t is hitting the fan ... dogs 'n cats lying down together
parliaments and governments losing their minds, secret societies dobbing each other in public
power balances are shifting, the sun has gone quiet again, the long winter is back again .... gird your loins chaps
it's the best of times to be in, and getting back in, to bitcoin.
 30m  1h  4h  |
|
|
|
we are not alone
DJI down over 800 points..its a blood bath for legacy markets. Bitcoin hodl'ing well so far. 1h -img snip- hmm you're right of course, btc held like a boss so far. but it looks very doomy now. doesn't it? That depends if this is "the bottom" or not.. So far we have been respecting the -0.618 fib retraction area that is in green here. We broke downward below that and then tested support below and around it strongly for some time. Then corrected upwards strongly in a nice organic fashion and now appear to be in a mid wave oscillation during what could be called the "rebound". However..if all of that is untrue and we break below that -0.236 fib that is in purplish..well.. Then we will go lower and test $3.5k and most likely $3k. I am going to keep doing the only thing you can do in such markets.. Buy the dips..and keep accumulating more coin. 30m  #dyor |
|
|
|
-img snip-
we are not alone
DJI down over 800 points..its a blood bath for legacy markets. Bitcoin hodl'ing well so far. 1h  |
|
|
|
Let it hereby be recorded that I agree with Jbear. Once.
Damn it man..me too. 3 confirms..I will hoist one to your name tonight. Thanks Bob! |
|
|
|
Buy the dips. 30m  Fiddled with fib retracement a bit. 1h  Clinging to 0.236 support. 4h  D  #stronghands |
|
|
|
Bitcoin does not have good writing  , but it could be writing a "W" waiting -snip- Obviously your screen is upside down...Mm.  FML..how did I miss out on the beer fiasco?? Floor!! |
|
|
|
While we have made some dents in the looming cloud cover, shorts are still rising. The bleed off continues. Not sure where the bottom is truly going to be, but $3k does not look that far away. The -0.236 hodl's or we will most likely test -0.618 4h  |
|
|
|
Good morning bitcoin land. It appears Bears are not satisfied yet with another massive sell off dominating charts this morning. I would say $3.4kish is going to be the next support level if this slide continues. A recovery will have to breach stiff resistance at the $4.1k range and still battle through $4.22k to realize a break out upwards. #dyor 1h  #stronghands |
|
|
|
Gentlemen we can safely say we have re-entered a bart market.
 |
|
|
|
Don't you think if the weekly candle closes around this level ($4K+) in a few hours that would be a bullish signal in itself?
Yes I do. I believe we experienced the bottom over the last couple of weeks and further more think sub $5k corn is ridiculous..but we will see. I think break even for most miner's is around $6.8k and that does not leave a lot of meat on the bone. Add 10 to 20 percent for slippage and your looking at a fair market value of somewhere between $7.5k and $10k.. At least in my mind that is where we should be, time will tell if the market agree's. W  |
|
|
|
Good morning guys. Looks like a quiet Sunday is developing as Bulls and Bears pause to regain strength after a mild Saturday trading session. I would even go so far as to say there might be a buy the dip opportunity but I am remaining cautious of how much of a rebound we will see. With somewhat positive news coming from the G20 summit in Argentina about a 90 day calming period over US/China trade sanctions I believe legacy markets will see a recovery this coming week. This could lead to increased speculation which will bring volatility back in to play. The same resistance/support area's are still $4.220k/$3.772k Breaking thru either direction is going to take some work and will bring a clearer signal to the market. 1h  |
|
|
|
Beautiful symmetry of fractals. #btfd 1h  |
|
|
|
Looking at these fibs from May, somewhere between the -0.236 and -0.382 catches my eye. Not sure what the end of the month will bring but the next week or so looks pretty good if volatility stays around. #dyor D  |
|
|
|
Good morning all. 1h  4h  D  #btd's #stronghands2019 #dyor |
|
|
|
Updated fibs. 1h  |
|
|
|
These avatar hats are made to order and they are free. All you need to do is ask. Please don't steal the hats.
Some peoples kids.. This is why we cant have nice things.. Anyway..bitcoin. -------------------- Way to much noise out there with what faketoshi and crew are slinging today. Going to wait for clearer signals. #strongerhands 1h  |
|
|
|
|
Show Posts
