Hi All The downtrend continues, since last Nov 2021. The small "uptrend" since early May 2022, can break the global downtrend, and start a rally (could be just a relief rally, or maybe more sustainable). In general.. PA could be in the 30-50K bracket for the next couple of years until the next halving. What do you think? Thnx Jad
Hi All BITCOIN in accumulation (bear) situation. It is NOT time to shy away It is time to buy "cheap" BITCOIN and wait the RIP. Market can have an inverted performance (go up , same way it went down). What do you think? Thnx Jad
Hi All, Putting the other "extreme" into perspetive... can you survive a BITCION WINTER? Bearish market for 2-3 years? Personally, I think I can... Working... getting FIAT... buying into BITCOIN.. ACCUMULATING... What do you think? Mentally prepare to all... Thnx Jad
Hi All RSI on monthly nearing 50 It is either do or die... Will it bounce like it did in March 2020? Or take longer sideways like Oct 2018? What do you think? Thnx Jad
Hi All The sentiment is super bearish All fear and chaos. However, BITCOIN hashrate reaching ATH and network is least concerned with the PA. Will the channel break up? What could be the stimulus? Thnx Jad
Hi All Mostly actions was sideways Hoping / looking for inverse H&S. What do you think? Thnx Jad
Hi All PA took a step down... After trading above 40K range for a while, the last dump took it down to a lower band 33-38k Will we see a double bottom to shoot PA back up? Or sentiment is already too much "risk off"? What do you think? What could trigger a sustainable rally? Thnx Jad
Hi All I think this will break to the upside Bigger probability. What do you think? Thnx jad
Hi All Many would think that now is NOT the best time to buy BITCOIN.. But the truth is IMHO, this is the best time. Speculators lost interest. PA moving sideways Very bearish sentiment with all geopolitical events and interest rate hike So now is the better time to accumulate, before "blast off" Might take another 1-2 years... maybe until next halving.. no...
Hi All Anything can happen in the near future to PA.. No one knows But bears who are still waiting for lower 20's kUSD Bitcoin are aware that a "triple bottom" formation is taking place on the weekly chart? This triple bottom suggests we might not see BITCOIN below 30,000 USD again. What do you think? Thnx Jad
Hi All, I can't be bearish Maybe i am delusional... But no hiding... i am a permabull Weak PA is just an opportunity... DONT forget The price today is ~47,000 up from 3,800 less than 2 years ago manage your risk and EXPECTATIONS. Let us see how it play on the fibs 44K seems a good support. What do you think? Thnx Jad
Hi All The PA last few weeks is basically neutral.. no decisive moves either way... might be an accumulation or a distribution. However, network getting stronger (ATH hashrate) and adoption is increasing. Will PA hold on support? What would trigger a price bullish action? (Or bearish if any FUD left not used :)) Thnx Jad
Hi All, PA and KDJ indicator is at that moment in time. Similar to last time, the price was bearish enough to bring KDJ to lower levels. Will PA see a rally? Will it be sustainable? What could be the trigger? What do you think? Thnx Jad
Hi All PA is sitting on the 20MA / 21EMA on monthly TF. RSI ~ 50-55 Last time this was the case, it was an optimal buying "price" before a breakout to the outside This can take months to play out, hence, i think this is a good place to accumulate and wait What do you think? Thnx Jad
Hi All is PA trying to hold 50 DMA? Meaning, enough buyers are stepping at this price point, considering it is a fair price for BTC What do you think? Thnx Jad
Hi All, PA can move in a "defined' box for longer periods of times, that expected. What do you think? Breakout by Q3 2022? Or sooner? Thnx Jad
Hi All PA at support in a falling wedge formation What do you think can happen next? I would say more probability to the upside Keep in mind.. it is all about probabilities and risk management. NO ONE actually knows what happens. Thnx Jad
Hi All Just another perspective PA can move "sideways" similar to post May21 dump (CHINA miners exodus) Be mentally ready for all 3 scenarios - V shape recovery followed with blow off top - Consolidation for extended time 30-50K USD range) - Capitulation might visit ~10K USD What do you think? Thnx jad