Charts don't lie. If we apply the same bull run we saw last year, that was the "geeks know fast, cheap payment are coming, REALLY! This time!" LOL That was the October 2020 to April 2021 most of the world missed as said "Why Bitcoin? It's not dead? It's bad no?". Price from Oct to April increase by over 450% This year, we have a lot more fuel. This will be...
Canadian dollars or or HBIT.U $6.36 USD Don't be part of the mass that says "I should have bought Bitcoin when it was cheaper!" It's DIRT CHEAP! 1/40th of its stable state from my rough calculations where where 1 Satoshi is worth one penny (or so). Watch HBIT's volume increase as institutional whales come into the the world's new BITCOIN ETF! HBIT...
It's all just charts. Here's a chart from 2013. A chart is worth a hundred million satoshi. Imagine the worth of a chart if there was only ever less than 21 million ever possible? ;-) This tells us we could see Bitcoin jump from the same "low" $130 to over $1100 in three months? That's over 8.5X ? Put in $12K and get a New Years' 2022 Gift of over $100K? So at...
This is BIG news that will make it out to the masses. Bitcoin Lightning solves the speed and cost of paying with Bitcoin! Running live worldwide. Get your Bitcoins while it's less than $100K per FULL BTC! Please tip me in Santoshi and/or thumbs up! The trend lines supports a rally but then again, that's the beauty of simple trendlines, support and...
Different traders have different styles. I tend to like the thrill of catching massive bounces just for the thrill. Is it gambling or calculated risks? The trick is to look at different timeframes. We know with this year long crash, the cat will at least bounce. Maybe not too high, but at least a little. BABA is interesting because it's truly a multinational...
Given crypto run expected this quarter, we've pushed passed 3350 and will hit resistance at 3500. I suspect we'll blow past this. My weekly chart post didn't have a lot of details so here is the day chart. If we fail 3500 and fail to stay about 3350, the long position might go neutral. The macro factors are too srong on worldwide currency devaluation and...
Like they say, don't try to catch a falling knife. Maybe, if I comply with the antiquated US Markets, I'll buy some of these NYSE ADR but Alibaba needs to issue a direct coin instead so we can buy they shares that way. DeFi it now. Why trust the banksters on Wall Street for "custody" of a Chinese company? That's not really safe... Technology made the banksters...
This is the BNB chart with BTC compared with the orange line. Binance is a risky coin because it's private but it's also going to become the leading payment system as they continue to improve to address regulatory compliance. Binance CEO is a Chinese national so Binance is effectively controlled by China although CEO claims it's based out of China. If you're...
Based on the Bitcoin halving patterns and the past Etherium performance of $300 October 1st 2017 to $1300 January 13th 2018, we could very well see ETH move as high as $10-15K in just a few months. With VISA moving in to adopt it, Institutions and large whales will be ready for the power (aka gas fee) friendly ETH2 getting deployed with massive validators turning...
The DXY, or US Dollar Index, is calculated based a baskets of six US ICE trading partners. Those partners, the euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc all practice debasement to some degree, often "less bad" than the US. Right now, I would short the USD on the resistance at 0.94 but I'd rather long BTC. Here's...
TROY was a good $hitcoin trade on the last Bitcoin run. The focus on this coming BTC run is the based on the cheapest shitcoin that I can find on tradingview with increasingly high volume increase. There's been increasing accumulation since August 2021 with no or little news except the advancement of their wallet. Trading at 15 cents and this shitcoin will...
The charts makes me want to dump all assets and go into crypto... Please help a bro here.... I need some grounding. There's a very strong triple bottom long term at 1700. Missed and given the consolidation range, we need to break and it appears the bulls have SDR fuel... I need to go look in my sofa for all the coins that fell out of my pockets over the...
Love the converging triangle. Given how weak the USD is getting, anyone with USD should change FIAT and if you can't find any good ones, Bitcoin at $33,500 is a safe heaven of value. The Feds and tax man won't touch BTC because it's trackable. Toxic coins, anti-government coins like tether and monero is where the manhunts are for tax evaders and other bad...
I had a tradingview alert set for this magical point 7 penny. So normally I would rebuy here because this is very bloody. Problem is, the charts on crypto are broken and TROY is truly a shitcoin. Worthless garbage that moonshots and crashes... That's good news and bad news. Bad news if you are a chart purist because the manipulation on crypto is of a different...
Calling the short term bottom here! If you missed out on Ethereum at $4600 when there was euphoria and nothing but positive news, now is time to consider Ethereum at the best discount we'll see in decades. Discounts can even be better as the whales have dumped, short term minded speculators bailed and derivatives toxicity overflowed. Once people figure out why...
Panic selling creates a wonderful trade. Investors should think twice about investing in crypto if they are concerned about volatility. There's significant forces at play. Medium to long term bullish. Short term, there might be more buying opportunities lower.
Summary: Preparing to go long if $240 resistance gets broken out of this trading zone. Current valuations and volume to watch: MARKET CAP $3.93B VOLUME (24H) $414.43M Would go long on short term trade when we break resistance convincingly. Would not invest in this since it's gangster funds. No reason to mix clean money with dirty money if you own clean...
Bear trap at 93 cents is almost confirmed and if we head down, look back longer period charts to get guidance on there the key long term support is. I would not short the USD but it's hard to imagine the world is going to flock to the overvalued USD since endless debasement is not endless. Yes, it's endless as the ravine is endless.... The only thing that's...