OK, call me paranoid, but anybody that has followed me for more than a minute knows I call the patterns early. I call the breaks early. I called the bottom early. I tend to panic early. Now, that being said, WTF is going on with the Bitcoin shorts the past few days or more? The Bitcoin price keeps plowing North but the short positions continue to climb. ...
OK, call me paranoid, but anybody that has followed me for more than a minute knows I call the patterns early. I call the breaks early. I called the bottom early. I tend to panic early. Now, that being said, WTF is going on with the Bitcoin shorts the past few days or more? The Bitcoin price keeps raging North but the short positions continue to climb. What?...
I was going to post something earlier but why bother? Bitcoin is doing what it does and I like it. How's your ass Bears? Your time is coming to shine, but not yet....... Still long.
Hello my fellow Bitcoinistas! This morning was very interesting. The Bears keep shorting and Bitcoin keeps moving higher. It doesn't make sense but it is what it is I suppose. I noticed another pattern that may be of interest if it plays out. I see another large Cup and Handle pattern that looks like it has already broken North. If so, the minimum near term...
WTF? The shorts are selling their butts off but Bitcoin keeps climbing? They can't hold it back much longer.
I think the Bitcoin Shorts are trying to complete the classic "Cup and Sausage" pattern. You can finish drawing the rest of the chart because I got in trouble with the moderators the last time I posted one of these patterns. lol BBS Out!
Good Morning my fellow Bicoinistas! For those of you who follow my posts you know I have been watching and posting on the Weekly progress of Bitcoin for some time. A major indicator on the weekly chart is the fact that Bitcoin made the 20/40 Week moving average cross on June 2, 2019 and the gap on that cross continues to expand and the bitcoin price continues to...
It's very possible.....
Please be advised that when I buy from you the Bitcoin you are selling short I have NO intention of selling it back to you when it comes time to cover. I plan to take it off the Exchange and squirrel it away in my offline wallet. It won't be coming back until the end of the year. If then. Just giving you heads up. Does that make you want to lever up and short...
Hello my fellow Bitcoinistas! This fight has been epic. We take a few hundred, we give up a few hundred, back and forth, back and forth. A real fight. I call the post "The Last Time" because I think we are quickly approaching a major decision point. As you can see on this daily chart the price is being forced down toward the rising multi-year baby blue...
Hello my fellow Bitcoinistas! I had some bears to slay this weekend but I'm back now. As you can see on the zoomed in weekly chart everything I was expecting to happen has happened or is in the process of happening. The Baby blue trend line holds - Check We start this week green - Check The 20/40 week MA Cross becomes more pronounced - Check For these reasons,...