Bitcoin is starting to feel like a coiled spring. Bears have gotten some balls to short these levels and the big boys are accumulating. I don’t think we’ve seen the end yet. One more quick dive down might be helpful in the long run to close out some leveraged longs before taking the next step, but a flash downward met with heavy buying would be a signal to me that $100K+ is still in the cards for 2021.

Not creating any FUDs however, just wanted to share one analysis: Last time when RSI went below 20, we touched 27k.
I truely believe in Bitcoin however risk management is really important. Do not hate me for sharing this.

Stochastic RSI vs RSI

Stochastic RSI and Relative Strength Index seem similar (especially because they have RSI in their names) but there are certain differences between the two oscillators. There are construction differences as well as use differences. The following are the key differences between the Stochastic RSI and RSI.

    Stochastic RSI works on the assumption that prices show a natural tendency to close near their highs during uptrends and vice versa. On the other hand, RSI functions on the assumption that prices tend to move far from a mean position before reacting or retracting.
    Stochastic RSI takes into consideration closing price plus highs and lows in a recent range to calculate values. Whereas, the RSI oscillator takes only the closing price of a recent period to calculate its values.
    Even though the goal of each oscillator is to identify overbought/oversold market conditions, they yield different results. The RSI helps technical traders to determine when a stock price moved too fast. On the other hand, Stochastic helps to determine when a price moved to the highest or lowest point of a trading range.
    The RSI oscillator performs really well in trending markets as it identifies fast-moving stock prices. The Stochastic RSI yields good results when the market is flat or choppy. That means Stochastic is a better performer in non-trending markets.
    The RSI oscillator is relatively faster than the Stochastic. The RSI moves extremely quickly between the overbought and oversold areas whereas Stochastic moves slowly. The reason is Stochastic being an indicator on an indicator. It is a derivative of RSI that means it depends on the RSI as well. Therefore, it lags significantly because it is two steps away from prices.
    The RSI oscillator was developed to gauge momentum and identify overbought/oversold conditions. Whereas, the Stochastic RSI version was developed to be more sensitive and generate more signals. That means the Stochastic RSI generates more signals and triggers more overbought/oversold conditions.
 

“Just a reminder that one year ago everyone thought BTC looked terrible also. The sane thing to do was to take profit before it crashed back down below $6,000 even though tech was running wild. It didn’t take long for the narrative to change.”

"..Italian lawmakers said that major exchange Binance was unauthorized to trade in their jurisdiction.

Pepper Your Angus


Sub $30,000 today.

Warning to my US-based WO family. The IRS is opening *criminal* investigations to any business that has ever accepted bitcoin as a payment method. If an IRS agent contacts you, say nothing, get a lawyer.

This is HTVI, Happy TV International bringing you happy news from around the world 24 hours a day.


 https://www.sciencealert.com/bioengineered-human-livers-grown-from-skin-cells-successfully-transplanted-into-rats

Tiny Human Livers Grown in The Lab Have Been Successfully Transplanted Into Rats
PETER DOCKRILL3 JUNE 2020
"Scientists have successfully transplanted functional miniature livers into rats, after growing the bioengineered organs in the lab from reprogrammed human skin cells.
The experiment, which gave the animals working liver organs, could lay the groundwork for future treatments to address terminal liver failure – a disease that claims the lives of over 40,000 people in the US every year.
While there's still a lot of work to be done before the technique can directly aid human patients, the researchers say their proof of concept may help underpin a future alternative to liver transplants, which are often incredibly expensive procedures to perform, in addition to being strictly limited by donor supply..."

 I'll drink to that!!

...and it just keeps getting better!  Relief for hodlers!

https://scitechdaily.com/psychedelic-drug-psilocybin-magic-mushrooms-spurs-growth-of-neural-connections-lost-in-depression/

'In a new study, Yale researchers show that a single dose of psilocybin given to mice prompted an immediate and long-lasting increase in connections between neurons. The findings are published today (July 5, 2021) in the journal Neuron.
“We not only saw a 10% increase in the number of neuronal connections, but also they were on average about 10% larger, so the connections were stronger as well,” said Yale’s Alex Kwan, associate professor of psychiatry and of neuroscience and senior author of the paper.
Previous laboratory experiments had shown promise that psilocybin, as well as the anesthetic ketamine, can decrease depression. The new Yale research found that these compounds increase the density of dendritic spines, small protrusions found on nerve cells which aid in the transmission of information between neurons. Chronic stress and depression are known to reduce the number of these neuronal connections.'

blocked

Its not a retreat when your surrounded, your just attacking in a different direction.

Semper Fi

buddy holding up the 34.0k +


and remember 1 btc still = 1btc

https://www.blockchain.com/btc/address/19oNXtgrEX9Lt6c7w3XXAxAWR2T7Ff7CiC

stack some sats and fill your  addresses like this above.

wow does that bring back memories. Animals (the pink floyd album) and sinse.. wadda combo for a weed noober like me back then. i still get head rushes on that.

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SCENE I. France. Before Harfleur.

    Alarum. Enter KING HENRY, EXETER, BEDFORD, GLOUCESTER, and Soldiers, with scaling-ladders

KING HENRY V

    Once more unto the breach, dear friends, once more;
    Or close the wall up with our English dead.
    In peace there's nothing so becomes a man
    As modest stillness and humility:
    But when the blast of war blows in our ears,
    Then imitate the action of the tiger;
    Stiffen the sinews, summon up the blood,
    Disguise fair nature with hard-favour'd rage;
    Then lend the eye a terrible aspect;
    Let pry through the portage of the head
    Like the brass cannon; let the brow o'erwhelm it
    As fearfully as doth a galled rock
    O'erhang and jutty his confounded base,
    Swill'd with the wild and wasteful ocean.
    Now set the teeth and stretch the nostril wide,
    Hold hard the breath and bend up every spirit
    To his full height. On, on, you noblest English.
    Whose blood is fet from fathers of war-proof!
    Fathers that, like so many Alexanders,
    Have in these parts from morn till even fought
    And sheathed their swords for lack of argument:
    Dishonour not your mothers; now attest
    That those whom you call'd fathers did beget you.
    Be copy now to men of grosser blood,
    And teach them how to war. And you, good yeoman,
    Whose limbs were made in England, show us here
    The mettle of your pasture; let us swear
    That you are worth your breeding; which I doubt not;
    For there is none of you so mean and base,
    That hath not noble lustre in your eyes.
    I see you stand like greyhounds in the slips,
    Straining upon the start. The game's afoot:
    Follow your spirit, and upon this charge
    Cry 'God for Harry, England, and Saint George!'

    Exeunt. Alarum, and chambers go off