and that, ladies and gentlemen, is a funny copy of the chart i have. well done, sir.
vamp111
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@famuz, mate I don't see anything published by you, are you sure? + im not doing much of charting you can see my profile yourself...
famuz
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@vamp111, sorry for the confusion, i'm more of a lurker here atm, since i'm new to TW, what i meant was that i literally have the same chart (not published). we're looking at it from the same angle.
keifer
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@famuz, you have nothing published dude?! What chart?
keifer
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What I see over all is a bullish price channel that now of late has developed a channel up (1hr chart). I think btc will be moving downward quickly once it breaks 21ma (10280.00 - 10250.00). If support doesn't hold (9.9k - 10k) then I can see it going towards 9.4 - 9.5 k. Once correction is done your wife will love you again. So don't pack bags yet but find another wife ;)
vamp111
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@keifer, i charted on the daily, dont know what will happen, I think we are due to a lower high but maybe a higher low before this, also im flat and not touching this before Bakkt, most people are bullish about it, but I think its brearsh event..
keifer
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@vamp111, I agree about bearish. Looking at the weekly with vwap, we are beginning to trade first time under the vwap since the bull run began. Look at last bull run. When this happened, btc went down big time.
I could see a big drop to 3k. I put an order in just in case if we have a flash crash. I am thinking a process to bottom that may go like this 7.5k, 5k then 3k and maybe lower? BWTFDIK?
vamp111
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@keifer, tbh I dont think we will see BTC below 6K however if we are really looking for "institutional money" in order for them to enter, they will first make all hodlers cry in vain with cheap BTC and make all people who fomo bought to sell in regret, also Yes when the masses are bulish we go down, its that simple, I think on macro level we are seing a LH which will be followed by a LL and only than we will skyrocket, Bakkt, ETF, tradewars, Tokyo Olympics, HongKong protest, IMF and FED rate cuts, you name it we have all the black swan events even the Halving, which all COULD be priced in, since MM could push the price both direction without a problem, there is enough coins and Tether to fill both sides of the orderbook