gembitz
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September 20, 2021, 02:50:17 PM |
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@kraken ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) #bloodinthewater
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somac.
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Never selling
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September 20, 2021, 02:54:18 PM |
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The one good thing about the correlation with the legacy markets is that when they do throw money at this dip, Bitcoin will boom along side it.
Just remember the covid crash last year and what happened after it. Also, don't do as mindrust did and sell the bottom.
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Apocollapse
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September 20, 2021, 02:57:24 PM |
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Bought $44K. Waiting my another order $42K and $40K to get filled up...
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dragonvslinux
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September 20, 2021, 02:59:14 PM |
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Looking over on the Bitcoin Futures chart, this IS the sort of golden cross investors will be interested in buying. Price is above both the 50 & 200 MA, where price is notably beginning to find some buying pressure: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs3.tradingview.com%2Fsnapshots%2Fm%2FMizQ3lRE.png&t=665&c=saT5cMOJrzzjmg) The death cross sell signal of $32K was notably awful, to the point where it looked like a fake-out rather than a legitimate selling opportunity (with any sense investors would wait for a re-bound, instead of immediately selling based on this signal). Given within 2 months the golden cross will arrive, this more of less confirms the theory due to the short time-frame between these crosses, with confirmation arriving tomorrow. I'd be incredibly careful trading this lagging indicator. The golden cross (buy signal) is in relation to the death cross (sell signal). This to me explains why price hasn't capitulated further after the break of $42,900 local lows, which is what most would expect at that point. Instead price is finding support in what appears to be the "middle of nowhere" on the spot chart after failing to find support above the 200 Day MA (post golden cross), but is otherwise finding buyers at key support on the futures chart. This suggests that $40K doesn't require re-testing after all, neither does the full extent of the volume gap around $40K-$44K, if price is able to bounce from the middle of it that is. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs3.tradingview.com%2Fsnapshots%2Fp%2FpuGW00Wz.png&t=665&c=o6zYD4FPilM55w) Nonetheless, a break below $42,500 tomorrow would likely result in a retest of $40K. On the 4hr chart, the bulls need a close above local resistance to confirm new local lows. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs3.tradingview.com%2Fsnapshots%2Fs%2FS0mixKZE.png&t=665&c=jsGZDw1L2H6ZiA) Now that enough spot traders are feeling bearish with the break of the 200 Day MA, I'm feeling a bit more bullish. Still 55-45 regarding a re-test of $50K before a re-test of $40K.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 20, 2021, 03:01:36 PM |
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eddie13
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BTC or BUST
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September 20, 2021, 03:20:37 PM |
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I don’t think this China housing crash is “out of nowhere”..
Iirc I read a week or so ago that China passed new regulations something something about making housing available/affordable to more of the commoner types.. Basically price fixing housing costs down so their people didn’t have to be rich to afford an apartment..
And then all the big real estate companies crash..
Let me look it up..
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eddie13
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BTC or BUST
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September 20, 2021, 03:26:29 PM |
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JSRAW
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Up to 300% + 200 FS deposit bonuses
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September 20, 2021, 03:28:05 PM Merited by JayJuanGee (1) |
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PARIS — Calling American and Australian behavior “unacceptable between allies and partners,” France announced on Friday that it was recalling its ambassadors to both countries in protest over President Biden’s decision to provide nuclear-powered submarines to Australia.
It was the first time in the history of the long alliance between France and the United States, dating back to 1778, that a French ambassador has been recalled to Paris in this way for consultations. The decision by President Emmanuel Macron reflects the extent of French outrage at what it has a called a “brutal” American decision and a “stab in the back” from Australia.
But why would France care so much? Does this adversely affect their military standing on the world stage? Australia on Wednesday canceled a $66 billion agreement to purchase French-built, conventionally powered submarines, hours before the deal with Washington and London was announced.
Oh, money, grift, corruption and pork. Of course. What hurt them most is (apart from losing contract) there was no formal discussion on deal cancellation and Australia notified them just before the announcement, like 1 hour or so lol. Literally no one see that coming even Australian ministers. The French as part of the EEC did not care when quotas for exports from Australia to Great Britain, a major trading partner were imposed when GB joined the EEC. Australia took a blow, and a lesson and now concentrates on trade in Asia. European defense policy is in disarray meanwhile People’s Liberation Army Navy has 6 nuclear subs, 50+ conventional and rapidly increasing spending. Australia require the latest and best to help balance power in the region. I believe India has one nuclear sub with 3 more to follow, all designed and built there. IMO EU should be fine in longer run if they start pumping money in defense, they needs to be careful tho. Leadership is important, recently French presidential candidate for 2022 made some noise in favor of Russia and China due to this recent deal, don't know if it was only political speech or Far right in France really hate USA that much. Conventional subs are okay-ish for defensive strategy but inferior when it comes to hunting game, that's where SSNs (nuclear -powered) comes up so Oz did hit the jackpot by striking this deal, considering few countries operate SSNs and has this technology. Its clear that Australia changing their doctrine but it will take decade to mature, till then they could also try leasing couple of subs from the USA similar to India (Russian sub). Yeah but all of them are SSBNs (Nuclear armed) for deterrence /second strike capability. 6 SSNs (right now India using Russian sub) and 6 S5 class subs(Next generation subs, not sure if its SSBNs or SSNs) are also in pipeline and construction is about to start so India is heading in the right direction and i think France is going to assist us this time, last time they declined to provide any support but now table has turned because of AUKUS alliance.
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d_eddie
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September 20, 2021, 03:37:48 PM |
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-heavy snipping- (Keeping the quote short, but OP is worth reading in its entirety.) Looking over on the Bitcoin Futures chart, this IS the sort of golden cross investors will be interested in buying. Price is above both the 50 & 200 MA, where price is notably beginning to find some buying pressure: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs3.tradingview.com%2Fsnapshots%2Fm%2FMizQ3lRE.png&t=665&c=saT5cMOJrzzjmg) The death cross sell signal of $32K was notably awful, to the point where it looked like a fake-out I'd be incredibly careful trading this lagging indicator. The golden cross (buy signal) is in relation to the death cross (sell signal). This to me explains why price hasn't capitulated further after the break of $42,900 local lows, ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs3.tradingview.com%2Fsnapshots%2Fp%2FpuGW00Wz.png&t=665&c=o6zYD4FPilM55w) Nonetheless, a break below $42,500 tomorrow would likely result in a retest of $40K. On the 4hr chart, the bulls need a close above local resistance to confirm new local lows. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs3.tradingview.com%2Fsnapshots%2Fs%2FS0mixKZE.png&t=665&c=jsGZDw1L2H6ZiA) Now that enough spot traders are feeling bearish with the break of the 200 Day MA, I'm feeling a bit more bullish. Still 55-45 regarding a re-test of $50K before a re-test of $40K. Have my last. Great short term analysis IMO.
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BitcoinBunny
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Far, Far, Far Right Thug
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September 20, 2021, 03:50:17 PM |
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Then you are a intelligent you are a understand everything around us? Our take ways to create you are a paid the of naughty things you are a write this place. No be surprising conditionally to yours next smartphone explodes on yours pants. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimage.cnbcfm.com%2Fapi%2Fv1%2Fimage%2F105954990-1559914954452rtx6ybyj.jpg%3Fv%3D1565195788&t=665&c=_JGcFRtMJH7Rhg) (With help from https://lingojam.com/BadTranslator)
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d_eddie
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September 20, 2021, 03:58:02 PM |
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Lot of news sites don’t talk negatively about the CCP very often ... for some reason.. Wonder why... ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Because it works perfectly, my dear Watson? Once you have ruled out the impossible, what you are left with must ... ... Oops.
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JayJuanGee
Legendary
Online
Activity: 3836
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Self-Custody is a right. Say no to"Non-custodial"
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September 20, 2021, 03:58:58 PM |
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We moon this cycle I'm gonna get my lambo (Meanwhile, they're dumping)
#haiku
Which moon are you?
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eddie13
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BTC or BUST
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September 20, 2021, 04:00:13 PM |
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Then you are a intelligent you are a understand everything around us? Our take ways to create you are a paid the of naughty things you are a write this place. No be surprising conditionally to yours next smartphone explodes on yours pants. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimage.cnbcfm.com%2Fapi%2Fv1%2Fimage%2F105954990-1559914954452rtx6ybyj.jpg%3Fv%3D1565195788&t=665&c=_JGcFRtMJH7Rhg) (With help from https://lingojam.com/BadTranslator) Myself may take to create an alt account and used that to take a several fun taking that tool
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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September 20, 2021, 04:01:25 PM |
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El duderino_
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BTC + Crossfit, living life.
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September 20, 2021, 04:06:18 PM |
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So let's see... 1. Stimulus checks over. 2. Unemployment payments ending. 2. Housing moratoriums ending, evictions starting. Thus consumer spending and GDP falling like a brick. And now, liquidity crises around property developers in China suddenly appear out of nowhere. Coincidence? I think not. The Fed & Treasury took away the punch bowl too soon. If the stock market tanks significantly, then just watch as U.S. Congress not only raises the debt ceiling, but they'll vote for and pass another multi-trillion $$$ "stimulus plan" so fast that it'll make your head spin. Gotta avert that crisis. All by design. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) And the sheeple will applaud. The spice must flow. Seen the DUNE lately ??
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d_eddie
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September 20, 2021, 04:08:33 PM |
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A short, good analysis of some of these facts on Twitter. Still reading it, sharing before I close that tab. https://mobile.twitter.com/INArteCarloDoss/status/1438944431734919175 Myself may take to create an alt account and used that to take a several fun taking that tool
Myself agreed. Myself to bookmarked this very useful translation tool.
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JayJuanGee
Legendary
Online
Activity: 3836
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Self-Custody is a right. Say no to"Non-custodial"
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If I buy the dip right now it'll keep dropping. #facts If I don't we will correct in a few hours. #alsofacts I'll let y'all decide for me.
Nonsense. You surely appear to not know what you are doing. If you are in a BTC accumulating phase then your plan should include both buying regularly and buying on dips, and part of the balance of your own finances and psychology is to never run out of money in the event that the btc price keeps dippening beyond expectations.
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hisslyness
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So let's see... 1. Stimulus checks over. 2. Unemployment payments ending. 2. Housing moratoriums ending, evictions starting. Thus consumer spending and GDP falling like a brick. And now, liquidity crises around property developers in China suddenly appear out of nowhere. Coincidence? I think not. The Fed & Treasury took away the punch bowl too soon. If the stock market tanks significantly, then just watch as U.S. Congress not only raises the debt ceiling, but they'll vote for and pass another multi-trillion $$$ "stimulus plan" so fast that it'll make your head spin. Gotta avert that crisis. All by design. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) And the sheeple will applaud. The spice must flow. Seen the DUNE lately ?? Whoever controls the spice controls Dune...
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El duderino_
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BTC + Crossfit, living life.
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September 20, 2021, 04:16:22 PM |
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Awesome movie imo
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d_eddie
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September 20, 2021, 04:17:39 PM Merited by JayJuanGee (1) |
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We moon this cycle I'm gonna get my lambo (Meanwhile, they're dumping)
#haiku
Which moon are you? Barting moon. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fc.tenor.com%2FH_s8NUr4i1IAAAAC%2Fbart-simpson-ass.gif&t=665&c=ufa2sG79IiMARw) Confucius say: Barting moon better than farting moon. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fc.tenor.com%2FKUTnt831NXMAAAAC%2Fpeter-griffin-stewie.gif&t=665&c=8k1lzXg4bDJsQQ)
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