Its nice to see you all back and in such fine form. All we need now is a guest appearance by the Mayor and all would be right in the world imho. Need to bait the tarp..where did we stash that crate of pants..
-----------------
Bitcoin

Good Morning all.

Here comes that volatility.  This band of resistance/support we are entering has played a significant role in Bitcoins price action since it was encountered last year. I think we are heading towards 10K+ price but it would do well to keep a eye on this area for support if a bounce downward happens.


We have acquired this modified Schiff fork I have been looking at but it is tenuous at best right now. Further movement upwards could validate this trend line. Short term I expect a small amount of shorting and profit taking and perhaps even some consolidation in this area before heading upwards again.

Just a pretty chart...no garnish. Meeting resistance and catching support. Steady as she goes.   

This looks like its just starting. Solid rise with growing volumes. A nice solid crossover on the MACD and breakout above $9.5k would cement it imho. It's shut up and take my money at this point. Buy all the thing's. ymmv.   

#dyor #btfd 

Some interesting dynamics starting to manifest on the chart. What I like to call spring compression has been taking place with this controlled accumulation. #dyor

The problem with "group" think is that when everyone is looking the same direction its easy to have a end around sneak past and catch everyone off guard. Many seem to think this is what is going to happen and a small part of me wonders if that will be negated due to the ever present observer effect.

*slight edit* 
I need more coffee..I am typing goodly.

 


Things seem to be on track for a static month. Come the middle of May I feel like the big short is coming as all this manipulation of alts will climax. The dump will be brutal and capitulation widespread. After your cheap coins are scooped up then and only then will the big move upwards take place. Feeling positive this Monday morning.  
#dyor #btfd

*edited for effect*

Yes.

Slight downward curl indicates a softening on bids but hodling fairly steady.  Looking pretty firm at current levels for support. Another good zone to let the indicators relax some before we move upwards again.
Markets are thin and volume quite low.. I would expect volatility as the new week begins. #dyor

+10 WOsMerits   

the Goose wins the thread.  /imout   

*edited for clarity*   
Love ya jojo..carry on.

Boring ice cream cone formation spotted on charts according to one daughter..  #dyor


Cant always be bullish say's the other daughter..   #dyor


Hmmm says I.



Happy #EarthDay

Evening all...hope you are having a great day/night.

Bitcoin has held steady today in a fairly narrow price range as consolidation continues. Indicators have relaxed once more and the sideways, upwards trend we have been experiencing looks to still be on track and moving forward.



 Remember to honor our Mother during Earth Day...get out and do something that makes you feel good and is good for our planet. I am taking my kids out and planting some trees in the morning. Good night.

Thank you Goose...I appreciate that.  
+10 WOsMerits

This is how my day usually goes tho trying to chart.


Once in awhile I get lucky...and then all is well.

I am sticking to it...think we are going up and going up hard.  More technical jargon..YMMV. #dyor

My post about the forthcoming space "gold" rush is not indicative of a bias against precious metals. I think they will always have some value..especially unique coins or artwork. However..I think within a couple of decades it will be as valuable as dirt is planet side. Dirt itself will be more valuable to space based operations than pm's in the future due to the relatively high cost of moving mass up and down the gravity well. Just a random thought.

----------------------------------------------

Thank you to the gif wizard..you know who you are.


Bitcoin

Consolidation feels good. We are close to the local bottom imho. I was guesstimating $8.6k as a focal point but support is building in the $8.75k range however. I expect more weekend pump action as the evening progresses.



Mid to long term I am waiting to see if we acquire this fork. Support and resistance bands are clearly delineated for your viewing pleasure. #dyor

https://futurism.com/luxembourg-establishes-e220-million-fund-for-space-mining/


Deep Space Industries and Planetary Resources are two of the named companies that will receive capital for exploration of space mining. The fund will be used to finance asteroid survey missions that will be launched within three years. Luxembourg will also invest in research and development for technologies needed to identify, extract, and process minerals, water, and other valuable space-based commodities.

Database of over 600k asteroids with orbits and calculated values.
http://www.asterank.com/


You ate to many gummi's before this update to your wonderful chart      ....rethink your support zone. 7.5+ and thats a big if...  However I do like your resistance line and its color. Reverse h&s possible looking at the current setup.


Some consolidation should be expected. Support is at $8.65k if we bounce that low..this might be it here and sideways for a bit.

Charts?  D,4h and 1h for your viewing pleasure.

I dont know about all of "you"...but "I" just feel really good when this happens. Down trend smashed...let's see where support forms for "us".   


Upcoming news for the coming week will probably revolve around tightening KYC laws being asked for by EU regulator's. I think these are good things and necessary for the continued economic growth of cryptocurrencies in general. What I do not want to see is over regulation in a burgeoning market. This is a chance for the entire planet to rethink economics and get out of the black hole of 160 trillion dollars of global debt that irresponsible legacy banking AND governmental waste has led us too. I am not willing to continue passing this terrible obligation down from one generation to the next generation...or my children any longer. This should be one of all of your elected official's highest priorities...and if it is not..fire them and get someone in there who's it is.

Just a friendly reminder that while we are progressing the right direction and I personally think we are out of a "danger" zone. We have not officially crossed and remained above the downward trend line that has plagued us this year.


I think this area will be tested over the weekend and what I am looking for is to remain above that downward trend line for a full day. That would be confirmation of my biases. #dyor


@anon123 

+4 WOsMerits 

Ad Nauseam.  The only way it gets better is a full retraction and admission that Bcash has perpetrated fraud for years and has been stealing brand identity for profit. Just buck up and admit your a shill and be on your way..please.