Biodom
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Activity: 3738
Merit: 3836
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January 26, 2022, 02:28:55 AM |
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Badly needed hopium:  Katie Wood Sees one Bitcoin worth 1.36 Millions in 2030, and here explains why. OT: I am DCAing into a couple of her favorite biotechs, but after seeing model 3 in person, i could not force myself to buy TSLA (big mistake, obviously). I very much like her thinking...too bad that WS is brutalizing her ETFs (she was a bit too successful). |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 26, 2022, 03:01:33 AM |
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cAPSLOCK
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Activity: 3738
Merit: 5127
Whimsical Pants
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January 26, 2022, 03:12:12 AM Merited by BobLawblaw (4) |
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Two things of note, to me. 2. The price is rising enthusiastically but the volume is NOTHING compared to the drop. This says to me AGAIN that the DROP was participated in by retail investors. But it is most likely that the recovery has been happening over the counter. This means OTC desks are where the buying is, and there is at least more retail involved in the selling. Par for the course.  Are you sure about that? Looking at the CB 3 day chart (as well as BLX index), the ~10% rebound actually had slightly more volume than the ~15% drop, as well as the highest 3D green candle since May 2021  I am sure about very little... but what I am comparing (and it's just by eyeball) is the amount of volume on the way down vs the amount on the way back up. And the selling looks heavier than the buying.... Could be wrong.  I'm not one to look at the 3D chart very often, but I'm aware that instiutions quite like it as a split between the Daily and Weekly charts, especially for mid-week analysis. The yellow line is otherwise the 200 MA, that's rising bullish, on this time-frame things looks fine - pretty good even ironically. Looks to me more like retail selling / short liquidations followed by institutional buying into strong liquidity, just as they like it. But hey, this is just my opinion. I remain bullish at these levels, but I'm also very biased as price remains in a bullish structure of higher highs and higher lows within a macro sized bull flag of consolidation.
Yesterday I saw a video on Tiktok from this Pablo guy (thinks he is Bitcoin Jesus). He is saying that Michael Saylor bought almost all of his Bitcoin in leverage, that he is only the CEO of Microstrategy and that if the others want, they can panic sell all Bitcoins without MS agreeing to it and that he lost trillions in the dot com bubble. I was always suspicious about Michael Saylor, but then again, I never trust rich people.
I have no clue about all this and wonder what you all think about this? Will MS be the new MtGox who will cause the next Bitcoin crash at some point?
Yes.. UnDerDoG81..you seem quite intent upon selling your BTC at the bottom.. and looking for reasons to do so. Lol. A possible mindrust in the making here  Someone has been buy bitcoin for days in lots of 50-100-500 coins each time. (T)He(y) now hold more that Saylor, and at a better price... They have been dumping ~20MM a day in recently. A single address... a single entity (of course could be a group, or corporation). Who is it?   |
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Biodom
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Activity: 3738
Merit: 3836
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January 26, 2022, 03:17:07 AM |
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^^^didn't somebody doxxed it as an Uphold wallet?
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cAPSLOCK
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Activity: 3738
Merit: 5127
Whimsical Pants
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January 26, 2022, 03:54:39 AM |
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^^^didn't somebody doxxed it as an Uphold wallet?
I don't know. That an exchange? Or some sort of fund? Still a mighty balance. |
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ChartBuddy
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Activity: 2156
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 26, 2022, 04:01:24 AM |
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cAPSLOCK
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Activity: 3738
Merit: 5127
Whimsical Pants
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January 26, 2022, 04:23:57 AM |
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OK./ I just like making pictures. In this one we see Bitcoin going up, or down. This is almost a guarantee that it will go entirely sideways!  |
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ChartBuddy
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Activity: 2156
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 26, 2022, 05:01:24 AM |
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JayJuanGee
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Activity: 3696
Merit: 10132
Self-Custody is a right. Say no to"Non-custodial"
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January 26, 2022, 05:21:32 AM |
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By the way, I sent the above image to someone via text in real life, and at the time of sending the pic, I pretty much said: "You need to be more like me," and the person told me that I needed to explain the picture MOAR better because the picture does not make sense, and I refused to explain the picture. I said that the picture is self-explanatory.. and should be studied more closely in order to understand it. One of the problems of peeps in real life.. sometimes, and in that regard, I guess I am a meanie in real life, too.. because I refuse to explain more than what is already shown in the picture. |
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shahzadafzal
Copper Member
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Activity: 1526
Merit: 2875
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 26, 2022, 06:01:33 AM |
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ChartBuddy
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Activity: 2156
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 26, 2022, 07:01:26 AM |
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shahzadafzal
Copper Member
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Merit: 2875
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January 26, 2022, 07:11:47 AM Merited by JayJuanGee (1) |
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By the way, I sent the above image to someone via text in real life, and at the time of sending the pic, I pretty much said: "You need to be more like me," and the person told me that I needed to explain the picture MOAR better because the picture does not make sense, and I refused to explain the picture. I said that the picture is self-explanatory.. and should be studied more closely in order to understand it.
One of the problems of peeps in real life.. sometimes, and in that regard, I guess I am a meanie in real life, too.. because I refuse to explain more than what is already shown in the picture.
hahaha i also sent this pic to someone and this was the reply :p  |
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ImThour
Copper Member
Legendary
 Online
Activity: 1386
Merit: 1481
Bitcoin Bottom was at $15.4k
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Elliot Wave Theory on BTC at Weekly Time Frame
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ChartBuddy
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Activity: 2156
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 26, 2022, 08:01:24 AM |
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Gachapin
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January 26, 2022, 08:40:00 AM |
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Elliot Wave Theory on BTC at Weekly Time Frame Yeah sure...  Can't wait to see that 1k$ Bitcoin |
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BTCaesar
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Activity: 108
Merit: 23
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January 26, 2022, 08:55:37 AM |
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Elliot Wave Theory on BTC at Weekly Time Frame Yeah sure... Can't wait to see that 1k$ Bitcoin I will definitely sell off when it hits to 800$. You know the rule, buy the top, sell the f*cking dip… |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 26, 2022, 09:01:33 AM |
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hisslyness
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Elliot Wave Theory on BTC at Weekly Time Frame Wrong, just plain wrong mate!. You are NOT applying the Elliot wave theory properly. You are moving the chart to fit your narrative. https://bitcointalk.org/index.php?topic=5379463.20That threads discusses and explains the theory better, and actually puts us on the last leg up! |
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ImThour
Copper Member
Legendary
Online
Activity: 1386
Merit: 1481
Bitcoin Bottom was at $15.4k
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January 26, 2022, 09:57:38 AM |
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Wrong, just plain wrong mate!. You are NOT applying the Elliot wave theory properly. You are moving the chart to fit your narrative. https://bitcointalk.org/index.php?topic=5379463.20That threads discusses and explains the theory better, and actually puts us on the last leg up! I understand your point, thanks for sharing the thread. I am learning Elliot Wave and tried to implement it on the chart. Cheers! |
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