If you just look at the past BTCUSD chart in big block form it makes me think that we are bullish the most. What do you think?
Trying to guess what will happen in BTC during the short term is a fool's errand. We have mainly just been shooting up since $29K. It looks like something big is about to happen. I think people who don't have any Bitcon are realizing that they need to start collecting it. I have us going up to $380,000 per Bitcoin by the end of this bubble phase. I know that...
Normally, Sundays are interesting in Bitcoin because traders don't have anything else to do but screw around in crypto. This time, we had a nice shot to 50k. I'm guessing that we accumulate in this area this week, but I am always open to bullish possibilities at this time. I still have it going to 380k this bull phase. Be careful out there.
I think that we are going up to the fist and haven't considered anything else.
Look at those buys on binance! Whale buyers are starting to panic buy!
I enjoy forests walks from time to time. Every once in a while you will see a bear turd right in your face. This is the beginning of some capitulation.
I'm no expert, but I don't have enough tools in the tool bag to make a guess, I'm going to sit on the sidelines and see which way BTC breaks out of the triangle.
Now that we are at the bottom of the triangle, it looks like we will probably go up!
The dump that just happened is getting annoying. It feels bearish right now in the short term. I'm long term bullish, because that was a hell of a pump earlier this year, but I'm waiting for much larger pulses. I'm buying small bite size bunches of BTC in this area 30k's, but I expect to see 24k or even 17k for the most brutal dump to touch the 2017 all time...
We are in a very big triangle. Probably won't get out until the end of the year.
Anything under 40k is a decent buy for the near future, in my non-financial opinion. Keep a little USD on the side in case we fall to 20k. I think we will be in the 30k to 40k range for a bit.