This is the bit they call leading bulls to the slaughterhouse
- Past performance does not indicate future gains
- Indicative of economic bubble
-Swarms of uneducated in financial markets, young investors acting irrationally with investments
Okay, So you may say but basil, you are drawing replicate boxes from the past, don't be so hypocritical!
I can explain - By assuming continuation here is disregarding the basic dynamic of a market cycle. If you look back at my previous work i mention a lot of cyclic repetition, a phase cryptocurrency markets enter due to basic support and resistance of previous price action giving the mirage of a similar pattern enlarged.
One thing we can understand is that as markets and therefore active participants grow in size, the infrastructure has no choice but to expand and accommodate the extra demand. therefore the chart should reflect this. We can see an increase in size so that ticks a box.
Fiat on/off ramps come when it benefits the business/exchange - not the end user. Why allow someone to buy an asset which is so called scare if you have alot of money and know its destiny? Essentially, we could call these entities offering such services at specific times the pied pipers of the industry, opening the gates for thou to join and break bread with them. Bulls will argue this is adoption.
Another thing to note if you were not aware was the creation of USDT. cross reference this to the price action of btc and it becomes clearer the USDT blow off killed btc and dis enabled potential cyclic repetition to the upside for the time being. Bulls will disregard this all-together as ''FUD'' and focus on drawing upside targets of similar velocity to that of $0.02 to $20,000
Join the herd and line the Elite pockets under the smokescreen of decentralised finance and assumption of freedom and deflation that comes with, LONG BTC!
Basil
- Past performance does not indicate future gains
- Indicative of economic bubble
-Swarms of uneducated in financial markets, young investors acting irrationally with investments
Okay, So you may say but basil, you are drawing replicate boxes from the past, don't be so hypocritical!
I can explain - By assuming continuation here is disregarding the basic dynamic of a market cycle. If you look back at my previous work i mention a lot of cyclic repetition, a phase cryptocurrency markets enter due to basic support and resistance of previous price action giving the mirage of a similar pattern enlarged.
One thing we can understand is that as markets and therefore active participants grow in size, the infrastructure has no choice but to expand and accommodate the extra demand. therefore the chart should reflect this. We can see an increase in size so that ticks a box.
Fiat on/off ramps come when it benefits the business/exchange - not the end user. Why allow someone to buy an asset which is so called scare if you have alot of money and know its destiny? Essentially, we could call these entities offering such services at specific times the pied pipers of the industry, opening the gates for thou to join and break bread with them. Bulls will argue this is adoption.
Another thing to note if you were not aware was the creation of USDT. cross reference this to the price action of btc and it becomes clearer the USDT blow off killed btc and dis enabled potential cyclic repetition to the upside for the time being. Bulls will disregard this all-together as ''FUD'' and focus on drawing upside targets of similar velocity to that of $0.02 to $20,000
Join the herd and line the Elite pockets under the smokescreen of decentralised finance and assumption of freedom and deflation that comes with, LONG BTC!
Basil
Trade active:
Pulled the trigger just shy of $12k at the time of making this chart plus a call out in Main. Looking at the red line below to initiate support if we are to continue with upside from here, and upon a break the buy target for a BOUNCE not long would be around the green box. Counter trade at your own risk
Basil
Basil
Comment:
First Target Hit.Looking for a dead cat around here somewhere.
Order cancelled:
No choice but up in symmetrical triangle breakout
Comment:
''Ground Control to Major Tom
Ground Control to Major Tom
Take your protein pills
and put your helmet on
Ground Control to Major Tom
Commencing countdown,
engines on
Check ignition
and may God's love be with you
Ten, Nine, Eight, Seven, Six, Five, Four, Three, Two, One, Liftoff
This is Ground Control
to Major Tom
You've really made the grade
And the papers want to know whose shirts you wear
Now it's time to leave the capsule
if you dare
This is Major Tom to Ground Control
I'm stepping through the door
And I'm floating
in a most peculiar way
And the stars look very different today
For here
Am I sitting in a tin can
Far above the world
Planet Earth is blue
And there's nothing I can do
Though I'm past
one hundred thousand miles
I'm feeling very still
And I think my spaceship knows which way to go
Tell my wife I love her very much
she knows
Ground Control to Major Tom
Your circuit's dead,
there's something wrong
Can you hear me, Major Tom?
Can you hear me, Major Tom?
Can you hear me, Major Tom?
Can you....
Here am I floating
round my tin can
Far above the Moon
Planet Earth is blue
And there's nothing I can do''
Ground Control to Major Tom
Take your protein pills
and put your helmet on
Ground Control to Major Tom
Commencing countdown,
engines on
Check ignition
and may God's love be with you
Ten, Nine, Eight, Seven, Six, Five, Four, Three, Two, One, Liftoff
This is Ground Control
to Major Tom
You've really made the grade
And the papers want to know whose shirts you wear
Now it's time to leave the capsule
if you dare
This is Major Tom to Ground Control
I'm stepping through the door
And I'm floating
in a most peculiar way
And the stars look very different today
For here
Am I sitting in a tin can
Far above the world
Planet Earth is blue
And there's nothing I can do
Though I'm past
one hundred thousand miles
I'm feeling very still
And I think my spaceship knows which way to go
Tell my wife I love her very much
she knows
Ground Control to Major Tom
Your circuit's dead,
there's something wrong
Can you hear me, Major Tom?
Can you hear me, Major Tom?
Can you hear me, Major Tom?
Can you....
Here am I floating
round my tin can
Far above the Moon
Planet Earth is blue
And there's nothing I can do''
