Since the un-peg of the USD from gold 50 years again with Nixon's need to fund a failing foreign war, the world governments have placed with world monetary policies. Putting some nations in good positions and others on bad positions. Asset owners worldwide want a fair valuation system to allow fair trade. That's missing with all the monetary gaming going on...
Pretty easy to see as a full time crypto trader wall street and smart money is trading in paper air Bitcoin bears with bulls here. $100K and $200K this year. Easy. It's not real estate or Bitcoin or other real assets going up, it's FIAT going down faster that we can tell because governement backed currencies are bankrupt and without a floor. Inflation will...
Just the Charts..Welcome to the 50th Anniversary of the Nixon Temporary Fix to fund wars overseas. This is the end of the crooked, evil and war driven dollar that enslaves the poor and youth. Wage Love, not war. What are we fighting for? Evil dollars? Let math and true guide us forward! CHARGE WALL STREET! CHARGE CROOKED BANKSTERS AND GOVERNMENTS! Civil...
SHIBArmy, permission to take a break at 4200? Sir! Well, nice run pushing the front to the 4200 mark all. We still have a long way and a HARD BURN to get to the penny. For SHIB newbies, that's SHIB at 0.01 cents USD. That penny is heading straight down as our SHIBArmy World Legion votes with our debasing FIAT. Trade your pennies, pesos, Liras, pounds and...
Was a but premature on the $70K target. But we have a solid launch pad here at the $60K that should propel us, fueled by our well funded friends, to $69,420 which is now targeted for October 31st 2021 for some odd reason. Limited supply of 21, only over 18M minted, Getting harder and harder to mint. Can heat up whole cities with the mining equipment! Limited...
So, the charts indicates on the short term timeframes ETH, is running a little hot. There's a lot of buyer interest? Humm. Could it be because you need to buy and stalk to burn 32 ETH for every payment validator? So like Joe and Jane could setup up shop in their little community and become the payment processor for just a bit of hardware, knowledge and 32 ETH???...
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...
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...
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...
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...
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.
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...
Ethereum ETH is trading at support. Lose the 1500 and we have buying opportunities lower. Break 1600s and we're back off to the races to retests $2K. Short term the popularity of ETH has created the high transaction, aka gas, fees, on Ethereum. High fees have driven down sentiment with reason. Will hot new kids DOT, ADA and LINK overtake ETH??? Probably not...
NY Attorney General has deemed Bitfinex and Tether illegal in New York State? And why? ag.ny.gov I'm relatively new to crypto but Tether and stablecoins are a complete scam? It's like a digital counterfeit US Dollar that's beyond the US regulatory reach? Or not? If one carefully reads New York's Attorney General - seems like she's passing the baton to other...
92 cents USD was a top. Unless it holds 90 cents resistance, don't hold greenbacks! Buy anything of value! The single USD monopoly money is getting replaced by ...