ofcoursebutmaybe

ofcoursebutmaybe Updated 

This doesn't seem to be working? Which tokens are involved?

ofcoursebutmaybe Updated 

Key arrows showing a possible reversal. Hex has allocated a huge amount of tokens towards developing Pulsechain / PulseX, lowering the supply of Hex on the market. Long term, very bullish. If this will become the long awaited extension of Hex dominance vs BTC, we'll soon find out.

ofcoursebutmaybe

How much power is left in a system that is struggling. Some are pumping the dollar and saying BTC will drop. Who can blame 'm after a 20-50x run.

ofcoursebutmaybe Updated 

Fractal repeat of May. Take it or leave it, tough time ahead. Mt. Gox sale? maybe Blockbuster movie on BTC? no More plebs buying before Christmas? no Sales before Christmas? Buys after Jan, year turn over bonus? Maybe Crisis in stock market over covid and gov rules? Maybe? Whats left that is good? Pulsechain PLS, HEX.

ofcoursebutmaybe

Bars from BTC in yellow Other data from HEX / USDC BTC data is from the first few years. BTC went to 1180$ and dropped about 80%. Hex has done the same. The moves look similar. This may take a while. before a move up, though there is alot of marketing happening soon, and Pulsechain might help create a more liquid / accessible asset.

ofcoursebutmaybe

So what happens when oil hits 400$+/bbl when gas prices increase by 600% or more, when a demand shock reks the market. Liquidation Failures to operate Defaults Bankruptcy Layoffs Consolidation And what do you do when shit hits the fan, you sell what you don't need to get through the bear / BTC Winter. I have no idea what the government is going to do to change...

ofcoursebutmaybe Updated 

Looks like a small move down. Could get ugly if volume doesn't pick up. With the economic motor coming online again, I wonder if people are just going to get back to business for now. We need a housing crash before BTC gets on the radar again, which is pretty imminent... ?

ofcoursebutmaybe Updated 

Just a fractal, repetition...

ofcoursebutmaybe

Fractal repetition. Musk is naughty again? Mining becomes cleaner? Elon back on board? Weak knees gone? Mom and pap start talking... crypto pensions? Bro starts boasting about his first stake. Check out Hex and Pulsechain too btw.

ofcoursebutmaybe Updated 

So we are seeing a move up, more significant then I expected. 3000$ is the next big level to break. Very hard to do so. Note, energy and momentum is being sucked out of BTC and if it ruptures downward is will take away confidence from many alts. Careful. Adoption has a long way to go. How overleveraged are we?

ofcoursebutmaybe

The previous ideas used a fractal. But it might have been positioned wrong. What about this option. A prolonged meandering trend. It seems to fit well. Also noticed that the fibonacci time sequences are fitting very well. Anyone spot the logic behind it? I have yet to pin point how it works in the this case. Updates later perhaps. Comment if you like the idea,...

ofcoursebutmaybe

Fractal move, see more info in other chart.

ofcoursebutmaybe

So I looked at the 22 Feb. 2021 dip. Copied the bars, projected them across the current dip move. And the recovery looks eerily similar. It looks like we are going to test the rising wedge, a weak formation. Test the support that broke. And if we extend the fractal beyond that, ...well you saw what happened afterwards. March are very volatile and dippy. Do you...

ofcoursebutmaybe

Its as much a perception/emotions game as it is a fundamentals game. Know both. And adjust accordingly. Whales are declaring bear season. Can they shake you. Is the oceans flux in to crypto small enough to adhere to their demands.

ofcoursebutmaybe

Following Benjamin Cowens video on the Pi Cycle Top with regard to BTC. It looks like the cross may occur within the next few days depending on the rate of change continues. But this trend seems quite stable and strong (the closing in on eachother). Can we still have an impulsive wave up? Or are we now going to see a big irregular correction (ABC/WXY) play out....

ofcoursebutmaybe Updated 

So there are two main scenarios. This might be one of them. We are in a corrective move now. Finishing the wave C down. And will then continue with a wave 3 which is part of a bigger wave 3 or 5. The later 3/5 wave needs to be checked. I've added some fibonacci ratios, trends to predict areas of resistant. There is a fibonacci time indicator too. We'll see what...

ofcoursebutmaybe

I don't know what Tony Vays exactly meant in his last video when explaining that BTC rarely, if ever, double tops. Does he mean a candle that closes at the top? In any case we have clear indications that a double top can happen from another perspective. Namely wick related tops. We had it at 20k, and pretty much as 7k. Look for yourself. And look at the...

ofcoursebutmaybe

Pressure... Sorry, don't have the detailed charts. But I did the count on the 1m/5m... Have a look. We might be going down. Keep an eye out.