PigsGetSlaughtered

PigsGetSlaughtered Updated 

The fed has continued with "QE" Quantitative Easing. They call it "adding to it's balance sheet" It started buying long-term treasury's, debt and mortgage-backed securities to “increase the availability of credit” for home purchases and prop up the economy, according to a Fed statement from 2008. Fast-forward to October 2017: The Fed started gradually selling...

PigsGetSlaughtered

Thought this was note worthy. The stock to flow ratio of Bitcoin is clearly showing a lack of liquidity in actual bitcoin, its mostly all derivatives being traded at this point. Production is slowing down as well. Laws of supply and demand usually indicate that These are clear long term bullish indicators. Shout out to steve for this.

PigsGetSlaughtered

We know the bottom is looming, But when is it? Been looking for indicators to figure out when the next rocket ship is headed to the moon. Really want to be on the train when it leaves the station. Cheers!

PigsGetSlaughtered Updated 

I posted this already, But i Posted it in the comments section of my Last Published Idea. I wanted to publish it on it's own so i can press play a month down the line and see how things lined up. So far the call for support at 7200 was accurate. Where it could go from there, only time will tell the tale.

PigsGetSlaughtered

We've only Crossed below it once, and you Saw what happened then. *disclaimer* past performance not indicative of future results

PigsGetSlaughtered Updated 

For the beginning of December we have seen some pretty heavy price swings between the range of 7600-7200 USD, with a few wicks to the 7700 level, and the 7100 level. I've drawn two bear channels of resistance and support indicated by the red lines. The Upper bear channel seems to be a good region for taking small short trades with a stop loss at the top of the...

PigsGetSlaughtered Updated 

Im New. Don't Expect much. Don't Criticize Much. I just looked at the chart, changed it to night mode. added a few EMA's. Drew some Bullish Levels of Resistance. Drew some Bearish Levels of Support. I drew this chart on 10/28/19. It's pretty much the area i feel bitcoin will trade in to create it's support for the next bull market. It could go much more bearish,...