Look at the Turbo Woody. It has crossed above -100, up from -227. The Woody is being encouraged by the Bitcoin modeled Value Stock To Flow jump on weekly to 37K.
Keep in mind that an enormous amount of cap is weighing on BTC form the 3rd ranked spirit animal. You know the pair. BTC is still buying the beer for this party. That is ok. Someone needs to buy the...
Taking it to edge before a pulse up?
Not sure if one can get away with aggressively selling here. Tough call. Monthly candles and all. The 55 W EMA is holding the fort as it did in Aug. 2016.
An autistic call of 16k by Nov. 1 may not be that crazy given past BTC price history. No one is believing it right now. Hmm.
The move up could turn out to be a slow...
Japan FIS -> May, 219 -> Virtual Currency
UK FCA -> July, 2019 -> Exchange Token
CRC Securities Framework Asset Ratings -> Sept, 2019 -> xrp is a 4 -> not a 5. A 5 is a security. BTC is a 1.
ok, sure, whatever...
Regulatory Consistency -> Prudence
US SEC -> Oct, 2019? - >Digital Asset? 10/10/2019?
Price Progression - fundamental use case and technical...
As always I included the Beyond Technical Analysis because by default we know technically XRP trades a bit unworldly. XLM also feeds off of this. This is my opinion. The fundamental underpinnings reflect the an unworldly feel. While Business model and momentum is extremely bullish, there is this overhang which I think lends itself to the "jump to new level price...
A rough rendition of Plan B's ( @100trillionUSD ) S2F Model out-of-sample (Oct monthly close). Looking for an Oct close of 13k. Bitcoin value model stock to flow should pop in October on monthly. Daily is 13,743.
BTC has spent the last 21 days taking bid hits in stride as the Alts get their legs.
BTC moves forward on the Autumnal Equinox to lend it's nod to the Alts and let them know it was ok that they started the party
.... and that it was happy to buy the beer.
From: The Art of Tea
Whenever I explore the land of Yin
I always take one on the chin
And now this lioness has almost made me tame.
I can't pronounce her name but eggplant is her game.
The lady sticks to me like white on rice.
She never cooks the same way twice.
Maybe it's the mushrooms.
Maybe the tomatoes.
I can't reveal her name but eggplant is...
Regulation is important. Regulation is key. Rule of law governs trading.
I have always been supportive of educated, informed, intentional, purposeful, careful, meticulous, provident, prudent and efficient regulation. These qualities in regulation make trading safe.
I have much respect for many of the things the CFTC and SEC have done in this regard.
According to the CIA worldwide M0 is 80T.
Gold above ground is 6B ounces.
Using a gold price at it's high of 1899 this gives a gold market cap of 11.394T
If BTC takes 23.6% store of value share of gold, it gives you a price of $150k. Not to mention STF. Gold, BTC and Silver could all live together in tandem at much higher price levels.
If XRP takes a 23.6%...
Bakkt does not matter - physically delivered Bitcoin futures. Whatever, we have had physically delivered futures contracts for more years than the life span of anyone on Tradingview (OMG what a crazy community this is). ETF's don't matter. Coinbase's high fees and lack of robust servers don't matter. USDT does not matter. All of this crap does not matter. None of...