Now is not to time to get greedy and wait for "lower prices"...You will FOMO in higher and pay a premium for your greed...
GBTC
Still in a yearly inside bar pattern....With the 2020 candle showing a long-legged Doji at the moment w 186 days to close...
Could the GBTC Premium melt faces beyond comprehension?I say not only is it possible, but it's also VERY PROBABLE!
For the reasons above!
This is DEF A BUY AND HODL!
Breakout go ahead give it to me!Breakout right here on Monday night!
I think Tom wrote that song for this moment!
$BTC Sits in Long-term Triangle Coming to a HeadBITSTAMP:BTCUSD is tracing out a monumental symmetric triangle at this point, with the long-term binary outcome question still up for debate.
That said, with fiscal and monetary stimulus booming to sustained new records and Covid-19 cases turning back higher in the past week, the top-line of the triangle looks a whole lot more vulnerable than the bottom one.
5 year LONG Bull Pennant...Don't get duped by the scammer trying to strip you of your coins.
FEAR IS YOUR BIGGEST ENEMY!
I have a feeling this daily candle with surprise everyone... I think this is your last chance to buy 4 DIGIT BTC EVER AGAIN!
FIREWORKS FOR THE 4TH!
The first time in History that BTC went under baselinewas "Plandemic19 DUMP" and now the baseline is holding support and everyone's short! MMMMM K ....
"Because this time at 3k you'll go all in ;-)... SURE!
Quarterly Bullish 3-Method Formation on the charts. w/ 12days and 10 hours to confirm...
And scammers are trying to get you to sell them your coins at a discount
trying to scare noobs calling for 7,6,5,4,3,2,1k...
I HATE SCAMMERS!
This is why I am here!
BTD & HODL = (H)ierarchy's (O)nce (D)iluted (L)ivelihoods .... #HODL ing #Bitcoin fixes this!
I'm not selling anything and have never cared about clout....This has always been about sharing the charts as I see them. I get shit wrong a lot. MACRO "ALWAYS A BITCOIN BULL" ... SWING TRADER OF GBTC, ZERO FEES! TAX-FREE IN HSA, IRA, 401K, and far more GAINZ... The GBTC chart is also more clear than BTC due to Premium. Anyways, I have stared at a screen enough. I hate typing so there's that... Study the chart or don't but if you're not long your wrong and if you're shilling short... Well, Bears are Bulls when the honey pot starts to retreat. And it can happen FAST! Don't short the Corn and get REKT because some Trader on BitcoinTwitter, TradingView, or StockTwits says so. Do your own homework!
$GBTC MARKET BREAKDOWN Grayscale Bitcoin Trust Market Breakdown Week of June 16th
Been a while since I've updated my chart on this
Since then made a few plays on my TD ameritrade account, bought along this accumulation zone at 10.82, sold at 12.1 (June 2)
Bought 10.15, sold 10.82 (June 15)
So obviously now if you read my recent posts, I am currently not in any positions and looking for entry now.
Price gapped up today along with the futures of the stock market, $DJI & $SPX, I really don't think this price is sustainable and going to keep rising
This would be the weirdest reversal i've ever seen, this entire market actually right now is just like wtf
So cheap entry would be 11.02 along the topside of the accumulation zone, but i'd wait until 10.82 hits or even just the confirmation of a trend reversal
I am not long and do not care about missing out on a few %'s, this is not normal market activity.
Premiums on Grayscale on the Bitcoin Trust are at 515% and the Ethereum Trust is over 2000% premium
Waiting on clear indication of trend reversal, and going to continue playing this chart in between the topside and downside of these trendlines until it either squeezes higher or lower.
As always please do your own research, I am not a financial advisor.
