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ENIGMA1440
Oct 19, 2020 1:49 PM

The Resistance overhead is weak!  Long

Bitcoin / United States DollarCoinbase

Description

You have very little time to stack as much as you can before we breach 20K!
Comments
Saeed966
thanks for sharing! this is what I see on BTCUSD:
VictorCobra
I'd say pretty substantial resistance for the TOTAL crypto market cap. But let's see! Thanks for your post.
Phi-Deltalytics
@VictorCobra, agreed. But high chance of breaking above as well.
Saeed966
Good work
PolarHusk
Nice view on the long term. 🐻‍❄️🙏😊😃
denjhanekt
Are you using GBTC as one (of many) indicators?
I've been TA'ing cryptos for years, but am just now crossreferencing GBTC
ENIGMA1440
@denjhanekt, GBTC is all I trade. I STACK SAT's and HODL BTC and Trade GBTC because of commission free trades and tax-free retirement trades. Not to mention it moves further both ways and there's more meat on the bone.
denjhanekt
@BitFink, good to know. I'm about that age too. I just posted on GBTC...jumping doji
ENIGMA1440
@denjhanekt, To me trading Bitcoin is just too expensive. Everyone is 2.5% and the damn Capital Gains tax is ridiculous. If you HODL BTC for over 10 years there is none. Under 1 is like a 40% Tax for me. Over one it's like 15%. You really gotta hit solidly to make all of these fees work.
denjhanekt
@BitFink, Thank you for the insight. Yea, I've been doing taxes on this for 4 years. My endstate, besides keeping liquidity in a useable currency, is conversion of portions of digital assets to hard goods...so, the tax hits, etc, are part of the conversion :)
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