theres no sign of which is coming which is how the price setters like it... at some point when everyone thinks the price is doing nothing most likely when the volume is at a rock bottom low the whales will turn bear or bull and go smash on the books but I have no word from anyone in those pods about which way its about to jump so I am sitting out for now... I dont...
Now i am not saying that bitcoin is going to go straight up forever or any such nonsense like a 20 trillion dollar market capped XRP (roughly half of the worlds actual money not including assets that could not be sold for real currency because there is only 1 dollar for every 10-30 at our own governments best guess lol) but the simple fact that if gold can do it,...
i am going to assume what i just drew to be fairly accurate... i dont think we will break the critical 10400 levels but I am oft wrong... we shall see! happy trading!
This is a rule that proves true to me more oft than not, seems like everyone is convinced of the absurd notion that BTC is headed back down to some unimaginable low when if you do a simple search of the cost of mining a BTC block a day and account for power, equipment upkeep data center construction and management all new bitcoins CANNOT BE SOLD AT PROFIT FOR LESS...
So obviously this is not a day trading looksy at where I believe Litecoin is headed seeing as i am on the WEEK chart here but, I think its safe to say that if we dont see a 4 digit priced litecoin in the next 20 months or so I will be taking a large poop in my pants.... lol. I would be incredibly surprised if Litecoin does not ease its way past previous highs...
The real run trends with BTC although Litecoin does have its own halving inspired pump as we just witnessed but the real flames of insanity come as they did once before, the year of and following BTCs halving pump... last time it did roughly 13-1500% run up from the 20s to upper 300s... will it do a 100s to 13-1600s this time?? IT ABSOLUTELY COULD! Litecoin is one...
I was lucky enough to have a friend developing chainlink back before anyone had heard of it outside of inner blockchain developement circles and the few at coinbase sleeping on the knowledge that it was working on something HUGE, fortunately insider trading is not yet illegal in crypto currencies for whatever reason or we would all be in prison! my buddy let me...
so as a crypto-currencies specialist and not a securities market analyst pro with elliot waves and fibonnacci fancies This is what I have seen and what I am told by those who hold thousands of BTC... (I do know elliot wave theory and all the rest, you guys have made it necessary to learn lol!) and I am grateful for that, but I do not think that they are as...
9 months out... its really any man or whale pods guess as to when the 12 and 14 k levels are smashed but looking at our history with more volume and easier trading with more awareness the 6 months or so out from the halving which we are now closing in on i am guessing a price rise will begin a little bit sooner than normal, unless there is some strange bearish...
today/tonight I am told there will be a push through into the upper 12s to low 13K range, I was aware of a 2nd hard crash impending so I ripped my short cord right on time and blasted a nice one from 12,130 to 11,688 but I would not try this again as I know some price movers have plans to make a move on the 3rd day when alot of people are expecting a pattern...
so I am still of the same mindset but no info from power players yet that generally tilts my decision one way or another so playing it tight and watching for alert beeps to see if we stay on my track or not... i do know some big players want the world to think that the 11,100 wall will not crumple and I am leaning towards that being a false wall that will crumple...
target one slap from 9261 6 btc long, plan on setting a manual "trailing stop loss" around the 11,100 range incase the next pull back happens sooner than i anticipate dont want to throw away thousands in nicely called gains sooo... i am closed on 2 of the 6 + just over 2K USD.... come on 11K gimme that next 3,900! happy trading my dudes! geeks and nerds shall...
i love to say i told you so. I TOLD YOU SO! YES! LOL , just playing guys, maybe there will be another dump into the 9s but i doubt it, and if there is i make a solid 80% on 1.2 bitcoins and then rebuy bigger because i stopped fooling around with ETH when we bottom out again before the psychotic bull run truly happens and its win win win no matter what! stop loss...
Look at the historical facts and know that we are basically trading SIDEWAYS until we close in on 180 days from the event and from then on its more and more insane price movement trending generally str8 upward. if you want to get LIQUIDATED its easy, wait about 120 days and open a short position without a billion dollars in your account and walla! #REKT! lol,...
so i am posting this just as a reminder of how shocked everyone has been the past 2 halvings when Bitcoin first proceded to go from 12$ to 690$ and then from 660$ to 20,000$... Now simple economics makes it hard to fathom a market cap in the trillions but then again, look at the market cap of gold and it is much more plentiful than Bitcoin... so, just because we...
Thank god I raised my bottom final 5X Major Long buy from 8690 to 9291 yesterday as I said in my last chart. The more I look at the previous halving runs moves and combined with the knowledge that trading crypto is a thousand times simpler for your Average every day FOMO Buy high sell low types so I forsee an influx in capital come FOMO - A - GO - GO - TIME is...
obviously unless you are one of the 2 dozen whales who decide when to hit the go button and set off the real power run where the price leaps 2,000$ in one 30 min candle and just goes up and up until peoples minds get weary around the 100,000 $ mark as this is going to be a HUGE sell wall barrier which is why i believe that this halving run will either get stopped...