This is my HTF view for Bitcoin. /salute Shiningforce
Hey all, The past few days I have been watching price action, volumes, news and Twitter sentiment. We need to accept (and adapt) that this market is different and the entities with the most whale power are most of the time not your regular stock market traders. A big part of the new breed is present in the crypto demographic. In crypto the brightest minds in...
Hello all! Today I'm following up on my previous idea: #TwoMonthsOfBear. In the description of that idea I explain how I calculated the flag target (very low 20k range). I'm short term bearish and bullish for the second half of 2021. Market will decide if it echoes this idea. Wishing everyone a nice day! /salute Shiningforce
Length upcoming bear season will be almost equal to the “gbtc at a discount” timeframe: two months and counting. Lowest Bitcoin price during this bear season can be calculated with this formula: (pi x (hdgd))% of ATH (dip percentage) hdgh = highest daily grayscale discount Lowest price calculation at the moment ≈$26400. I think that we will see a ≈22%...
Tether/iFinex used Binance for the pump while Arthur was gone. Now the true king Arthur has returned: the voice of reason in overheated markets. Bring the dump. And to go full 4D chess: what if the SEC made a deal with Arthur to bring down iFinex? Which can be done by hitting their achilles heel: crash Bitcoin hard. And that's one of Arthur's biggest...
Today we saw the peak of manipulation. Bitcoin was about to accelerate it's correction when all of a sudden rocket man decided he couldn't wait no longer and had to save the day. These kind of actions only work short term. This is how I see everything unfold.
Greed is high and a storm is brewing. This is just how I see it and no investment advice.
Last month my trading was sub par (understatement). Still I tried to learn as much as I could from the harsh lessons the market taught me. Being short in a bull market is very dangerous and can be extremely costly. Still if I look at the Bitcoin chart and what it is telling me I just can't ignore the obvious short term bearishness. Obvious setups and Bitcoin most...