Just maybe a good little burst to 50k? Or a failed pump, but it has some strength so far.
Quick has shed its excess price, now it has hit its value point. Unless BTC dips
The DJI is showing a lack of life
Finally! I was missing out on great longs from 30-40k because I was so afraid of the 9 day chart needing to come down a bit. What I drew with the green line may be very wrong, but if the majority of BTC are held for the long term I could see a slow drop for a bit and then back to the finite supply-high creation cost BTC price action. I didn't want to short it, no...
To a ratio of 8/1 or 15/1 against gold. Unless they stop using it for electronics and medicine, or mine space rocks, or Fiat money stops increasing supply, even then silver needs to go 8/1 on gold cause of supply. The fiat numbers don't mean a thing, the gold silver ratio does.
This talk of 1$...Let me tell you I did some quick math and that means 130+ billion $ market cap, just right under ETH. Does anyone think DOGE could compete with ETH right now? You will be a serious bag holder if ETH and BTC pump, cause you know how that game goes with the money flows... I guess Musk could buy 100 billion and require all payments be made to his...
July calls for a 2500 ETH, about double todays price. That is an averaged +1.6% a day till early July. I did this same type of chart with BTC and it worked out so I figured I would do this for ETH and share. These days you can spend some massive gas fees and lock up some ETH in a gaining swap pair or interest paying loan. ETH can swap into WBTC and get you the...
I see that on the 6 and 9 month chart the gold price has not topped out in momentum, which makes sense if they issue new dollars to fund the stimulus. If that money came from taxes or savings, sure gold could take this 3 month chart and say I need a break, and it will but I would expect that the gold price drop will be brief and not very far down, I would show you...
I think this wouldnt last but a week or 2, but its a good time to trade something other than BTC just for now.
I was seeing this thing try to bottom out but fail, but finally it seems to have some solid ground, I wouldn't say that its going up for long, but if this trend doesn't fail it ought to be a very big comeback, so give it a few days and if it keeps pumping then I think we can have a good week or 2 straight of slow steady gains against BTC. My main reason for...
Last time this happened, the price got flat for a little bit then it pumped again. Due to the money printing, I expect we are going to repeat that, with a bit of flat price to get us some room to move up again, then another true top that may indeed be overpriced. No price targets at all, just momentum and previous patterns to call upon for some direction cause its...
If there were to be some selling, on the 3 hour chart it might look like this. All I know is for several hours the price usually should have taken a breather but the buying was real. I saw the 1 min chart just defy all but fiat inflation logic. I guess this is so we don't have to go back to gold and silver coins. Fair price is about 17k-25k max, but life isn't...
This sort of drew itself and I added some targets and it revealed a blue and grey scaled whale with some bleeding wounds, the sea is tough. Seems like its coming up for some air and a look around.
Just what I see, well below average but were coming out of a bottom.