$164,000 Bitcoin this month? Long term chart...I need some help from the community for a sanity on these charts. The OBV, on balance volume, is 100% long term bull on Bitcoin. HODLers are proven right, over and over again. Buy it, stick it in cold storage and ignore it. It's insurance against blatant fraud where they cook the books at the highest levels.
So assuming these trends lines are sane, if the bull starts this month we could shoot up to $170K range within weeks with a strong green monthly candle. Bitcoin style!
Fiat
Reemplace el centavo americano con SHIBa!!!!!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 donkeys to SHIBA! Let the runner run!
For now, have a lot of interest and early buyers are taking profits. Yes, HODLers, too early, but some of us look at fundamentals, herd mentality and Just Charts... LOL
75% LONG SIR! HOLDING CORE to the penny! That might happen REALLY, REALLY fast. Imagine El Salvador adding SHIB to the national payment wallet!
Wows, SHIBA will jump to #3 spot and people will go? WTFIT! And the answer is...
SHIBA = An Internet Penny
What's in YOUR wallet? LOL
BITCOIN $69,420 by October 31st 2021 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 supply is better than gold where supply is limited but NOT endless like Bitcoin.
Buy the dips. If you manage to get sub $60ks, get them before Wall Street does while selling you bogus IOUs backed by bogus IOUs! LMAO!
LONG BTC, ETH, SHIB
SHORT Cash-is-trash and all its toxic bankster derivatives based on fraud.
Bitcoin: Own your keys, own your wallet.
ETHEREUM ETC Bears? Anywhere? ETH2 validation costs 32 ETH...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???
Wow, Any reason to be bear on this pillar of cryptocurrency? Please comment in any case. Anyone interested in getting "down and technical"? LOL
My target for ETH? $10K real fast. Once the World understands Bitcoin and Ethereum will replace VISA, Mastercard and private/crooked/world banks. The worlds best Trojan against corruption and greed was unleashed in 2008 to fix the monetary war that started 50 years ago in 1971 with Nixon telling the world the US "IOU" would be paid back with weapons instead of gold.
Do good. Don't trust banksters, it's "their money", you're just borrowing it. Trade it with something of some value!
TOP CRYPTOS
BITCOIN BTC traded on cryptoexchanges like Binance or Coinbase, HODL via cold metal wallets (don't long term hold electronically)
ETHEREUM ETH The swiss army knife of cryptos, you need at least as much as BTC no?
SHIB Shiba - To pick a good third crypto, you need to follow the leaders. This one is open source, open community and the hidden rocket man is having a shitload of fun with this one.
Question? Can you easily be a billionaire of something in 2021 relating to crypto? Yep! Get in early on a massive burn!!! LMAO! You have to be a geek to know one! LMAO!
Bitcoin TA - Bull RunIn my previous Analysis in ETH I stated that Bitcoin needs to break the 42,000 level and hold, in order to see some gains in Btc and Alt space.
We saw just that. BTC broke 42,000 saw a re-test supported by the Moving Averaged seen on the graph. Shortly after it has risen to 46,000 at the time of this post.
We also saw good runs in Altcoins such as ETH ADA LTC VET just to mention a few.
Bitcoin has much resistance ahead of it. but we did break the major one and it held. See my orange / red lines for a guide.
I would like to say that for those who thought the bull run was over, this is not the case " WE ARE STILL IN THE BULL RUN' However we had a good pullback. It was due to, a lot of manipulation was done to bring crypto space down. Don't get fooled by the media as it is not your friend, Media wants you to fail.
I will update and give explanation for each TA I do.
Smogster...
JustCharts Bitcoin TARGET $465,000 USD by end of 2021? 🚀🚀🚀🚀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 today $55K BTC, we could see $465K by the end of 2021 with the same multipliers? In 2013, it was eccentric, today October 2021, it's becoming mainstream.
Watch the takeoff with the Apple Wallet and Apple Pay Bitcoin support.
The new fast and inexpensive crypto layer two network, Lighting incredible capacity with onramps and offramps to the Bitcoin blockchain.
Welcome to the internet currency, the great equalizer of wealth: Bitcoin
And this is a 🚀🚀🚀 SuperCycle 🚀🚀🚀 because of pandemic government financial response world wide. US alone debt load, according to the US Debt Clock, is reaching 200 Trillion dollars and the credit card is still working! It's not the cost of burgers going up, it's the value of the dollar.
BITCOIN Lightning Network 🚀🚀🚀 Twitter replaces VISA in 2022??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 resistance level. Past $70K, we should hit $100K+ in no time and we're not going back.
This is like the Internet in the mid 90's. The dot crypto boom is coming hard. Grab your seats!!!! Have some coins and remember to own your keys or totally trust your crypto wallet holding them.
ETH Past $3350, retesting $3500. Onwards to $10-$15K ETH! 2022Given 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 enslaved USD nations moving to Bitcoin as their currency that ETH and BTC are in a race to the top!
Apple is running ETH 2.0 validators and Bitcoin and Ethereum are on it ways to the mass market Apple Wallets built in to every iphone on earth and already integrated with payment terminals in first and second world countries.
The magic here is the world bankless moving to crypto for micro, free of processing fee, payments. If ETH is $3500 with crazy high gas prices and energy used for mining, imagine the price for ETH with ETH 2 running on tiny fees and low energy.
This is the Internet when it migrated from leased lines to high speed fiber optics. If you missed the .dotcom boom, this one is even better. And for veterans of that era, knowing how to get out by reading the charts is your guide to economic freedom.
DXY is a false US Dollar indicator, use BTC instead ! Short .94?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 why...
Federal banks can't stop printing to support the system or it will crumble. FIAT debasement is an assured things since it the only politically acceptable solution.
We'll deal with rising cost of good and decrease availability of goods because they become too expensive and unaffordable. And we'll have the masses saying "I should have bought some bitcoin $50K!"
The charts indicates DXY might go down which could correlate with Bitcoin's breakout this quarter. Enjoy the roller coaster! I might get the time to check the FIAT pairs on DXY to see what each of the chart indicates and if anyone has done that, let me know
The basket is EURUSD, JPYUSD, CADUSD, GBPUSD SEKUSD and CHFUSD
Final note: Some Forex traders have noticed strong reverse correlation between the USD and CHF (Swiss Franc), pay attention to that CHFUSD although the Swiss National Bank (SNB) has to print Francs to buy Euro so the CHF doesn't skyrocket. So DXY is a comparing a basket of manipulated FIAT currencies. Your 25 cents chocolate bar will be worth $5 pretty soon!
Cardano Google TrendsLike any other market - currency, asset, commodity, (Ponzi scheme?) - cryptocurrency prices are a function of the supply and demand. Holding supply constant, the more demand, the higher the price. The vice is also true. For simplicity, and realistically most supplies of legitimate cryptocurrencies are fixed, at least in the short term. So how do you analyze the demand? There are fundamentals to analyze such as the bid size (the amount/size people are bidding for it) but I am going to use a public sentiment. The tool? Google Trends. I cannot embed the image but look up ADA, BTC, BNB, ETH, and DOGE on Google trends to see what I am talking about.
As you can see the leader on average searches is OG of cryptocurrency, BTC. However, as of late the public sentiment gauge has transitioned toward ADA. Why is this important? If you look at DOGE their is a direct correlation between the Google Trend results and the massive pump in price. The same could be possible with long term trends and price action of ADA.
Cardano is currently the third-largest cryptocurrency based on market capitalization (price * tokens). However, it is still small compared to ethereum and less than 1/10 the size of bitcoin. Yet, I believe this system is one of the most well-designed and efficient ecosystems.
Cardano is a proof-of-stake blockchain platform: the first to be founded on peer-reviewed research and developed through evidence-based methods. It combines pioneering technologies to provide unparalleled security and sustainability to decentralized applications, systems, and societies. With a leading team of engineers, Cardano exists to redistribute power from unaccountable structures to the margins – to individuals – and be an enabling force for positive change and progress.
For the prior reasons and more, it is no surprise that the token has had a massive run this year. Will this trend continue? The world may never know but I am currently an investor making about 5% on my staked tokens +/- appreciation. Banks don't pay anything anymore so I am taking this bet.
btcusdtIt seems that the growth of bitcoin is not over yet.
In this scenario, it seems that Bitcoin is gaining energy to exit the fourth downward wave and enter the fifth wave. This scenario is activated if it crosses the range of 28,000 and can reach the range of 20,000 to 18,000 depending on the intensity of the wave and market fear Come down.
This is from wave theory.
In terms of price action, after the break of the support range mentioned above, it has good support in the range of 26 to 24 thousand dollars and can give positive fluctuations from there upwards, of course, in time frames of 1 day to 1 hour.
We have to wait for Vaikov's theory, which has been talked about by analysts and its images have been published, and correlations can be seen in the 4-hour lamp.
If fixed at $ 40,000, the wave count could change
In general, you should take care of your capital and risk management.
Be successful and profitable.
Ethereum on FIRE!?? FEAR & GREED, Buy or Sell at $1800-1900???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 banksters don't want competition, everyone will be buying this new generation real money, controlled by math instead of crooks counterfeitting their "just because we say" IOU gov paper.
Don't bet the farm and never trade crypto leveraged. That's like asking a poker pro to be your banker. You'll walk in feeling rich and aiming to leave richer and you'll walk out penny less.
Also, don't trust crypto exchanges. They will be taken out by banksters and the puppets they control. Yes, that makes trading more tricky and is the #1 reason non-traders, HODL investors, should only do cold storage wallets.
Peace out.
PS When you start hearing about all the Ethereum V2 taking over the world with low transaction fees and energy use, sell 50% of the ETH you buy at sub $2K and repeat this wonderful cycle of fear and greed.
Can Flexa $AMP Replace Fiat With Crypto?The problems that Flexa aims to solve:
1. Merchants’ most common issues are card fraud and transaction costs.
Firstly, to give you an idea of how important this is, the U.S. was seeing about $11 billion worth of losses due to card fraud in 2020 only. Secondly, merchants are paying pretty high fees to their payment providers. This fee is usually somewhere around 3-4% of the entire transaction. This is why some small places might have a minimum amount of charge when it comes to accepting card payments. In fact, big companies like Costco and Walmart pay billions of dollars per year for the transaction costs to their payment providers.
This is where the Blockchain ecosystem steps in. In theory, blockchain and cryptos can solve the issues stated above and reduce transaction costs.
2.Crypto payments acceptance from merchants
Even if the blockchain could solve card fraud and lower transaction fees, which they can, it is difficult for merchants to adapt this payment system. This is because it is something completely new because even though we have seen some payment providers such us Visa adding cryptos as a payment method it is still not widely acceptable from most merchants.
3.Eliminate centralized transactions
However, Visa, Master card, and other cards that allow crypto payments still require another layer of system that is centralized. This, from the customer perspective now, might not always be good. Do you all like the idea that your bank can know every little spending you do? Or if not your bank then your partner, trying to surprise them with a nice gift but can’t because the transaction will be shown and with the exact store you made your purchase from. Therefore, decentralization is another goal to be achieved by Flexa.
4.The amount of time required for a transaction to be completed
It is not easy for any coin to just replace fiat for many reasons. Let’s use the number one most known cryptocurrency around the world, bitcoin, in our example. Bitcoin cannot replace fiat simply because of the amount of time it requires for the transaction to be completed.
Let me break this down to you in case you do not know. So according to Coinsutra, a bitcoin transaction can take anywhere from 1 to 60 minutes or even a day or two. This is happening because there is only a limited number of miners and only a limited number of transactions can be processed in the 1Mb block size of Bitcoin. The fee decides which transaction gets the priority in the 1 Mb block, and miners prioritize transactions with higher fees attached to them.
This is why technically; bitcoin is not the best solution when it comes to fast transactions. Imagine being at the supermarket and have to wait 20 minutes for the transaction to be completed. Add to that, the fees that users need to bear at the end of each month when it comes to daily uses.
In the chart, it shows that the AMP coin price is currently at $0.071. At the beginning of April 2021, the price was around $0.027, and this is only one month ago. This is a 160% increase since the beginning of April. From what I have noticed, AMP has a very strong community and many believers behind it and this is what makes it a long-term hold.