The super ultimate sell indicator is going to trigger within 3-5 days. It has never been wrong in 10 years. I personally am starting to unload my BITW position and anything heavily tied to BTC specifically. I am seeing a drop from $60,000 to $30,000 likely. Staying in altcoins for now. Fair warning.
This will be a fascinating chart to watch long term. Will DEFI migrate to BSV over the next few years? ETH fees are about to go to $50-$100-$500 this year. I don't really see BSV being ready for DEFI this year. Maybe next bull run. But the fee discussion will become center stage. All low fee chains will get some possible action. I think this bull run could see...
If BTC does not slow down, it will trigger a sell indication on the god indicator. At current rates, I project BTC to hit about $100,000 around March 15, 2021 The gray line will cross the red line, and this ultimate indicator will call a selloff. Possible Scenario: BTC trips indicator @ $100,000 BTC dumps to $50,000 4-6 month correction BTC breaks $100,000 ATH...
This is a reversal pattern. Volume looking very good. Possible to start an incredibly bullish impulse wave from these levels.
It is possible we have a few more weeks of accumulation here. It would be healthier for this bull run to keep cooling off. Let's see what happens here.
It amazes me that all this defi stuff keeps going up with $100 to $1000 fees. I mean I understand BTC going up and ETH going up even though they are garbage. I suppose it's a moral thing. I can't tell someone I would buy this trash even though it's going through the roof. Make sure you take some profits if you are up.
This is the other coin I bought. I am not doing 50 different shitcoins. I picked XVG because it's the lowest USD per coin in the top 100. And this one is just pure trash, but it's at the very very bottom. Pure gamble, 1-5% allocation, prepared to lose this money 100%, I don't care at all. GAMBLE
Had a friend get me all juiced up about doing a little gambling. So I looked at the chart and it spoke to me. If king shitcoin doge has awoken, it is only a matter of time for all the others. Find something at the bottom and buy now.
Bitcoin Blockbuster going up in price, but still the biggest ponzi this planet has ever seen. Dominance will fall just like last time.