my dca log
X equals fiat units.
BTC dca
nov 04 >>>>>>> 01x
nov 11 >>>>>>> 02x
nov 18 >>>>>> 03x
nov 25 >>>>>> 04x
dec 02 >>>>>> 05x
dec 09 >>>>>> 06x
dec 16 >>>>>> 07x
dec 23 >>>>> 08x
dec 30 >>>>>> 09x
jan 06 >>>>>> 10x
jan 13 >>>>>> 11x
jan 20 >>>>>> 12x ended my Friday 1x fiat dca
Jan 25 >>>>>> 14x began my 2x weds fiat dca
Feb 01 >>>>>> 16x
From my perspective, it almost looks like someone chasing a train and acting like everything is "fine"..
hahahahahahaha
It is starting to look like the market might need some fresh air here if you're looking at a far enough away chart. I think it's likely in the short term we see a drop and a serious retest of how low the market is willing to go. Then maybe we'll be able to break free of this resistance and head up to $30,000 in a flash. Until that happens, I think $10K is still on the table, as far fetched as it might feel at the moment. A rejection here back down to the $16K range would look pretty devastating on a chart, so I'm crossing my fingers we don't correct very far.
Yes.. What else is new? It's called pee pare ur lil selfie for either direction, we are not out of the woods yet... even though it's feeling good at the moment... no meaningful correction since $17k.. and I am sure there are several beartard betters getting nervous because they keep betting for DOWNity that doesn't happen, and they expect to be able to buy on the dip. and the dips are not happening.
The same is try for all the supposed bulls who had sold BTC in order to buy back lower, and so they may have likely converted to a "buy on the dip" approach, but the price never seems to dip enough to trigger the buys that they should have been already been doing when we had so much time under $20k and they failed refused to buy.. and now those sub $20k prices are looking pretty fucking good... Yeah.. you should have prepared a wee bit MOAR better for UP, and even though your preparation for DOWNity had been working so great for the past 6 months or whatever, it doesn't seem to be working so well in these times. We should always know that we should be sufficiently/adequately prepared for UP because UP can end up happening in such a way that does not really give any more chances to buy at the earlier low prices, even though there are lot's of normies saying, "anything that goes up must come down... blah blah blah"... seen it a million times in bitcoinlandia, and seen a lot of bitter no coiners develop from their failure/refusal to sufficiently/adequately pee pare their lil selfies for UP..
if they drift under 6% maybe we go flat for March fed rate
Maybe we go flat and maybe we don't? Doesn't mean that our lil fiend is going to cooperate, does it? Hopefully peeps are not putting too much weight into whatever desperate governments are doing in terms of their own preparations that include sufficient and adequate quantities of BTC that does not cause them to have to chase the BTC train at some date in which they should have bought more BTC at earlier times, and perhaps they should not have sold BTC with an expectation to buy back lower that may or may not happen.
We are just getting back to the 200-week moving average.. but sure, we are still below it.. so what does that mean?
Seems to mean that we are still quite low in our BTC prices, even though we have various desperate government actors (and financial institutions) that would prefer to keep this bad boy down.. which sure they might be able to do it, but I would not bet too much on those kinds of downity or flat circumstances when it comes to king daddy..
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