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Btcstarburst

#btcstarburst Wrong until Right?So this is still a Gann study… Just removed the lines for the people without laser eyes. If you have been following. There have been a suggestion for months that an ATH could be coming sometime in JUNE/JULY ish. So far everything marked on Gann map is playing out. This would put us around 72k ish possibly higher… DCA Strategy Is important… According… It will be interesting, especially now since many people are changing their tunes showing how this could happen… I don’t know one way or another… It looks possible, more realistic then going down. However I did peg lower numbers (not many times though) BTC dominance seems to have a floor… of around 39%. What does this mean for Alts. Strong Projects…that can handle the beating. Projects not listed on centralized exchanges yet, they are safe for now. DYOR, DCA safely. Listen to Ben and other smart people. This is just a study.
BITFINEX:BTCUSD
by Jonnycatx
#btcstarburst Bearish or Bullish?Some say we have been in a bear market for some time now… If that truly is the case, then we could be at the end of the accumulation phase. Just a thought…So we have seen how the support/resistance has held up on the way down, cant be too much different on the way up. THis is a Gann Study DCA safely in to smart projects, Interesting one to look at would be ICP since it has got a lot of crap, but if it takes off it would be one of the ones “i only wish I had more” I drew a temporary potential path that could play out based on all the things at play… Tons of recurring buys continuing in the market daily, weekly and monthly. People have in hand buying power, Bitcoin atms at the gas station…Just a thought… There could be a Volcano eruption back up too 60k plus, Like Bitcoin is getting squeezed….
FTX:BTCUSD
by Jonnycatx
1
#btcstarburst Was the Weekly Good or Bad?Did we come down enough? Interesting we pegged the 25k and came up too close above the green Gann lane…Didn’t see that coming. We hit the green circle, crossed The Red River of Death. It would be nice to head up the mountain sometime soon towards the other targets ( 52k, 72k 84k) Even cooler if got there by July ish. That would only prove that Gann was pretty smart. This is a Gann study DCA safely into safe projects. The bear market makes people rich they say. The end of a bear market is the beginning of a bull market. Be safe
FTX:BTCUSD
by Jonnycatx
2
#btcstarburst WHEN TO GET RICH, DCA?If you have been following, some traders have been posting this Gann Map around the world… It has now changed. The support/resistance are still the same… I guess i should have made the green circle red…. So we came crashing down to it… If we did hit the bottom, the thick red and yellow should be major support… I am guessing a new chart possibly needed? Currently staying under the THICK blue might be the time when BTC is refueling (this is where I am guessing we might be able to catch alts at lows, but it could be risky too under red and yellow, more blood) DCA SAFELY… GET RICH IN THE BEAR MARKET… STABLE PROJECTS, DO RESEARCH… This is a Gann Study
FTX:BTCUSD
by Jonnycatx
#btcstarburst The Death of a Stable Coin…What are algorithms, how smart can the really be? Honestly many of these things are way over my head… Like these pre-existing lines that resist and support Bitcoin. Leverage is the killer…The house always wins…Thought Luna running on trading platforms supposedly stable, however the exchanges have their own algorithms…when leverage is cascading down, the liquidations are happening, falling knife AKA THE RED WATER FALL OF DEATH, not to mention smart trading bots trying to realign. How are smart algorithms going to get PEGGED back on track, while this continues to happen… Next… Fear causes sell offs… The cycle continues… I FEEL FOR THE COMMUNITY AT LUNA, THIS WILL BE HARD TO OVERCOME… The only way to every escaping this type of mess is avoiding a centralized exchange that uses order books, that has heavy trading… But then how would we make money…. Unfortunately regulated exchanges are the process, this would control manipulation… LUNA ( A set up like —-HooD ) would probably be key to how Crypto exchanges could better protect projects like Luna and many others…This is a thought, A Gann Study , DCA Safely. The grid would be complete … the yellow line stems from the March 2020 start, The Purple was the final support incase we were off a bit.. Pretty freaking close… When lines exist before The Beast gets there.
FTX:BTCUSD
by Jonnycatx
#btcstarburst Are we finished for now?Gann Study… So we crossed the Red River of Death, Fell through the Blue sea of terror and now possibly bouncing in the wasteland…or Just wicking on the day ( we came I hot a little early but this isn’t exactly science. We did however hit and stop on every rand resistance line) Interesting that the dominance has come down?hmm. Questions think regardless of the Bear Market, if the wave brought more people into the bull market allowing them to DCA with recurring buys, what will that do to the price( accumulation is probably only going to stimulate the price faster) Smart algorithms on exchanges move accordingly, so when another wave comes in due to “Bull market excitement “ (doge coin helped stimulate this latest bull run) Would it be smart to accumulate accordingly in the Bear, so you can sell in the bull?(be a whale) DCA Safely, smart projects
FTX:BTCUSD
by Jonnycatx
#btcstarburst Hope Can Still Exist…For a minute I was thinking and believe we are definitely going down… down!! However here still is a very real possibility, long shot maybe, but still… Let’s say there are so many people accumulating and buying the dips, this is why there is such a change in the market. At this level people are trying to accumulate as much as they can on many BTC and other projects… The crypto market as a whole seems to be slightly off. Bitcoin apparently should be at lower levels by now… Its not, DCA SAFELY Buy what you can when you can… We always could go lower this is a Gann study I would expect Bitcoin to play out in this form possibly hitting the green at 32k… Just a Model
FTX:BTCUSD
by Jonnycatx
#btcstarburst The 5th Element!!It can’t be a coincidence that often we see the waterfall, AKA falling knife liquidations cascading rapidly on days multiple of 5. I have mentioned this before the piper will get paid…Leveraging is dangerous. Exchanges have, and make the most money DCA safely This is a Gann Study…Safe projects that can stand the blow like Dot… So 32k still a low target, accumulate while you can we may or may not get there… we could go lower… There are signs of ATH in June as crazy as that seems…
FTX:BTCUSD
by Jonnycatx
#btcstarburst Weekly… Hope and Fear?So looking at the map, I could be scary… Some say I can’t comprehend (I say you need BITCOIN EYES, AKA LASER EYES) The Orange (the red river of death) is hard to cross and easy to fall through… There are two bottoms that exists in this channel, the new Grid and the ascending support grids. The major support is around 38k ish as mentioned often… large channel 32k ish… Breaking support hitting these channels seems to be very difficult either way, as you can see we hit 48k cam crashing back down, 64k crashing back down… so…. It looks like we might try to cross back over and give it another go…Some people leverage ( I don’t know if that is safe, accumulate as much as can as cheaply as you can for the end game). Timing is KEY, The Map seems to show KEY levels of Support and Resistance as if they existed long before… This just a study (remember you are wrong until they say you are right) Ignore the FUD/FUS… The rich buy in the bear market
FTX:BTCUSD
by Jonnycatx
#btcstarburst DCA Safely…Get RichWhen is it time to accumulate? Buying when price is down…You make the wealth in the Bear Market… Looking at the Gann Map, macro we can see Bitcoin has been descending down the green channel consistently… How long? I was hoping we would see an exit now, yesterday… however 32k would be the full complete crossing of the red river of death…I days on multiple of 5 we usually se major issues some extreme usually down… DCA safely into safe projects. We still could blast off…What if ATH in June? A Gann study
FTX:BTCUSD
by Jonnycatx
#btcstarburst Polkadot DCA Always…Possibly one of the most promising Alts in the space… Great partnerships although still being drained from btc, can see at least 300% gain potential from here… Interesting link is not ahead… I would expect a major jump once staking becomes available sine they are in a class of their own… hopefully people are taking advantage of the market safely…DCA safely get rich in the bear market, be patient and sell with the bulls this is a Gann study
BINANCE:DOTUSD
by Jonnycatx
#btcstarburst The Big If?Still in the Red River of Death, bleeding the Alts dry hopefully you are playing it smart and DCA safely. If we fall to the shallow waters of the river this would be where the green circle is and the end of the river… I would expect it’s over… FUD/FUS complete… The bears will hibernate it’s greed for a while and join in as The Beast makes its way up the mountain…Crossing back over the river and into the Green Valley of Hope (lol these green channels seem to be where alts move…)This is a Gann study DCA safely
FTX:BTCUSD
by Jonnycatx
2
#btcstarburst Change in the Market… Even Bears Get Tired!!As I mentioned prior. I don’t know if its when Bitcoin is in a particular channel but it will drain alts when swinging up…(it as if its sucking the life to refuel for a massive move to launch). The bears get tired… of fighting and it is at this point there is enough fear and manipulation to cause the market to shift. Bitcoin starts to refuel for its next mission, the alts bleed helplessly, the bears are fat and lazy they will consume all the fear/damage and scraps left behind for next to nothing. Once the market gains the momentum and the bears have filled their stomachs on the alts they will hunt you down and bully you for your Bitcoin… Letting the alts do there thing. Its a vicious cycle. They cant hunt the long game. Do the research DCA safely into safe projects, smart projects. Think of Crypto as the money you waste weekly on stupid crap…through it away in to crypto every day/week or month, hope you get lucky and accumulate more when the market is down. THANKS THE BEARS for doing their job!! If you are patient with the money that you were just goin to waste. You will find that in a few years you will be happy…
FTX:BTCUSD
by Jonnycatx