thefreedommatrix

thefreedommatrix

hmmm...

thefreedommatrix Updated 

Would take lots of profits here! As you can see, BTC could break out through the resistance line past 8.5k but the higher % logical fundamentals ---> ALOT of correction when bitcoins come pouring back to the exchanges. U wanna get out 2 weeks early rather than 1 second late. Take profits and invest in an undervalued asset class like precious metals instead. U...

thefreedommatrix Updated 

watch for triangle breakout

thefreedommatrix

watch for breakout...

thefreedommatrix Updated 

high % of this triangle resolving down but wait before selling/buying

thefreedommatrix Updated 

Possible breakout through support...

thefreedommatrix Updated 

This is madness... No, This Is Bubbleeeeeee >_>

thefreedommatrix Updated 

watch for this

thefreedommatrix Updated 

stop loss for this setup under 1255

thefreedommatrix Updated 

Gold is in a 5 leg triangle that has a higher % of going long than short --> perfect time to short dxy soon when breakout inverse correlation

thefreedommatrix Updated 

As you can see here the prob of Bitcoin crushing past 7.5k --> breakout --> Bubble We need a healthy consolidation to around cost of making a bitcoin, otherwise the bubble that is to follow could lead to a gov wipeout of everything. (vertical log climbing is only seen with bubbles) Think of it this way: 1oz Gold costs 1100+ to mine --> priced at 1269 usd ...

thefreedommatrix Updated 

People have been selling off on the climb.. The question is wether the suckers will continue to buy or more will sell. There is divergence as evidence of this happening. Does new buyers come in and make Bitcoin surge to the moon or are we in for a healthy BIG correction of selling, taking home profits? I would suggest the latter, the risk is too high not to take...

thefreedommatrix Updated 

// If you honestly believe cryptos growth wasn't anything other than to bring forth a cashless society governed by the world banks / you thought they just would go down without a fight... I hope u truly start "reading the history books" But hey, don't listen to me, go all in and don't forget to also invest in those 1300 not at all similar crypto coins. Bubbles...

thefreedommatrix Updated 

bubble?

thefreedommatrix

U prob wanna take some profits here...

thefreedommatrix

Does this look normal to you? Does it matter how much Bitcoin is valued in terms of USD if this ratio cannot go to 0 for Bitcoin to be worth anything at all nominally ? What is it's intrinsic value?

thefreedommatrix

Where is the recovery?

thefreedommatrix Updated 

Again, will we bet on fundamentals in the long run or wizardry from the land of gambling. When something is this severely overbought & no one are taking home profits only a new monetary system based on bitcoin could justify such negligence among this cryptocurrency family.