BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Why is this so hard for someone to see? Why anyone would be buying here is beyond me..
Comment: update to this.
Comment: target $679
bear lambos for everyone
to the blood moon
100$ eoy
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agreed, everyone is wayyy too bullish on this one
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Why you think we will reach $679 is beyond me. Seriously lol perma bears like you will get killed at these levels..just watch
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Almost agree with you.
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Please explain "LOOK at this volume waiting" to me/us.
What do YOU think that volume-profile means ? Do you think that is an orderbook/open-longs waiting to be filled @ 415.4$ or otherwise why do you think that is an import area?
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99nines Je_Buurman
@Je_Buurman, No, what it means is that is where most of the market decided to do anything on btc… this blood shed needs to reach that level where most people did anything on BTC to stop the bleeding... it shows where people are willing to jump into the market and it so happens that is the exact target of the bigger descending triangle.. that is not by mistake.
The support level imho is the last halving price of btc..
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Je_Buurman 99nines
@99nines, Ok. Let me rephrase that then: Why do You think an averaged pricelevel (mostly from oct. 2013 to mar. 2014 + a bit jan. 2015 and oct. 2015, because people traded more back then/more volume'weight') is still important NOW? (serious question!)

IMO that's like stating, that dinosaurs are still significant now because they roamed the world in vast numbers for about 175 million years (ten times age of Hominidae).

(Triangle target - most of the time the targets never get fully reached - my observation)
(Halving of 2016 occurring at those levels is coincidental - BTC has been in that area for quite a while - again my opinion)
+1 Reply
Je_Buurman 99nines
@99nines, Could you please do an analysis of AMAZON STOCK ( AMZN ) with your volume profile? I can only eyeball it but i'm pretty sure AMAZON will go to 50 - 100$. That's the area most people did anything on AMAZON. (still serious here, just backtesting your theory)
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I am waiting for $1 per BTC. When it reaches the target l will invest $10 lmao
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for real??? you think big money sitting that low? don't they constantly move it around? or is it if they stay that low long enough it will pull it down when close like 1100$...your chart kinda says april,19, Is that what your thinking also? IDK, there are others, experienced traders i'm listinging too, same.. I'm new to your posts..You have quite a following...
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