GBTC is MEGA bullishThe GBTC chart takes a little noise out.
4hr Chart looks MEGA bullish mid -long term, with near -term downside setting up THE perfect buying opportunity.
Let's catch some knives :)
-JNY
GBTC
BitFink's Bitcoin MACRO view...I have researched thoroughly through the last 23 years of my life, the secrets of the world we live in. Truths that most cannot accept due to cognitive dissonance. Truths that start with the Bible and the fact that we ARE created. Why and how can you know? Well, your God-given common sense tells you everything around you has to have a creator. Take a paperclip for instance. If I held one up and said look this paperclip created itself with a purpose you would call me crazy. It's impossible. If I showed you a picture of the Mountains and said that picture took itself you would call me crazy. If I painted a picture of the Mountain scene and said it painted itself you would call me crazy. I am calling BS on anyone who says the subject matter "The Mountains" just magically popped up by themselves. They were spoken into existence from a being that has no beginning and no end. The master Coder. The Holy Bible is the only book to take claim of this and explain why life is the way it is. Atheists do not exist they lie to themselves to make the conviction go away. Suppressing the Truth.
Which leads me to why I am writing this. There are good, evil, and neutral forces in this world. There is a Spiritual Battle going on as we peak and evil is being unseated. Since the dawn of time, Satanic Worship has taken place in many forms. It was still going in today just under the cover of darkness due to the light of Christ changing the hearts of men. 2000 years ago child sacrifice, blood-drinking ceremonies, and other atrocities were done in the public square. BAAL worship was commonplace. The Mayans killed their entire people sacrificing people to the rain gods that never came. This demonic worship does give men power. Power Corrupts and Absolute Power Corrupts Absolutely.
The Illuminati was founded by Adam Weishaupt in the late 1700s and the group has taken on many different names and subsects since it's inception. The New World Order is the hope of the Council on Foreign Relations, The Bilderberg, Davos, UN, Agenda21, etc. It's all the same thing. The triangle of power is the Jesuit order. The Black/Red/&White Pope has ruled the second leg of the pyramid, The Royal Families of Europe, the Rothchilds, The Rockefellers, etc. and the 3rd leg of the triangle was Hollywood and the D.C. swamp. They have controlled what we consumed since Rome fell (i.e. Bible Translations, Selling sins, Media, Currency Manipulation.) But they never fell The demonic Vatican still pulls the strings and we all know they have a taste for children. They have controlled the money supply and inflation which is taxation without representation or due process of law. They want open borders and love relationships with China and other Asian countries because they have supper weird affinities themselves. Too much to go into but everything from organ harvesting to child sex trafficking and even making dolls from burnt fetuses. Only people with their heads so far up NBC, CBS, ABC, & MSNBC's ass that can't critically think for themselves knows that there are nefarious characters in charge.
This brings me to my next point God will not be mocked. He already one as Jesus was raised from the dead and sits at His right hand. He is going to shock the world.
God's signature in everything! The Golden Ratio, Fibonacci Sequence in Creation, The law of Vibration, The law of 3, and The Law of 7...
This is where it gets deep.
61.8 - 38.2 = The Golden Ratio
61.8 is very important because 6 + 1 is 7 " so in 8 - 1" But 6+1=7/8 (8 IS THE NUMBER OF NEW CREATION) There were 8 people taken on the Ark during the flood. Jesus was raised on the 8th day. 8 turned on its side is the symbol for eternity.
The law of 3 = The Father, Son, & Holy Spirit / Father, Mother, Child / Employer, Employee, Customer / Principal, Teacher, Students/ Engines run on Fuel, Fire, Compression/ Electricity is Positive, Negative, and Neutral/ The Atom is Protons, Electrons, & Neutrons. The list goes on but you get the point. Our whole society is based on 3!
Now back to the Golden Ratio = God is 60% Evil is 33% (33rd-degree mason anyone, they know these things I speak of?) and We are the 7% Neutral party who can tap into evil or good by our own free will. If you decide to take God out of the equation 33 X 2 = 66.6 Also a number of a man (NERO CAESAR) who destroyed Jerusalem in 70 AD "There's that 70 again" (study Post-Millennium / Partial Preterism) (All these numbers match up to Trumps Presidency in a weird impossible way!)
All these numbers I mention for one reason. They are all over everything going on today and that means God Himself has chosen men whom he is using to take down evil strongholds.
I have had my doubts about this Q stuff but Trump's tweet about COVID couldn't have been an accident. September 16th there was a post on a Q site that showed Mickey Mouse pointing at 10 & 2. Last year there was a post about 10 days of darkness. Trump tweeted @ 10:44 pm on October 1st that Hope Hicks had COVID and he was going to start the (Q)uarintine. at 12:54 AM on October 2nd he tweeted he and Melina had COVID "EXACTLY 2 hrs and 10 minutes later" ... That is no accident! Now what is 10+2= 12! 12 months in a year, 12 Tribes of Isreal, 12 Apostles of Jesus? Also 10-2 = 8 New Creation! Eternity! 12:54 AM PLUS 240 hrs (10 days) is 10/11... 10+11= 21... This election is deciding the 2021 election. Trump will win in a landslide because this is an election between Satan and God... God Wins!
Now, what does this have to do with Bitcoin? Well what if God put it into the hearts of Patriots to code this network up and take the power back from the evil money manipulators. What if Satoshis 100k coins are going to actually be the reserve of the US new Government after the Global Cabal is taken down. The new USDcoin will be backed by Bitcoin or maybe Bitcoin just is the world's money at the point and the network figures out the traffic/fee problem.
Why do I think God has something to do with Bitcoin. Well
deuteronomy 25:18
exodus 26:1-2
deuteronomy 25:19
deuteronomy 25:14 15
deuteronomy 26:3
A just balance and scales are the LORD’s; all the weights in the bag are his work. God hates cheats!
Satanic Cabal has stolen our time from us! That's all money is! A unit of account to measure our time given and served between each other. From Barter to Seashells, to Gold, to now a total debt back FIAT currency WORLDWIDE. We sit on a mountain of lies and deceit.
The name of Bitcoin and it's creator Satoshi Nakamoto always struck me. Now Satoshi Nakamoto basically means Central Intelligence in Japanese. That brings a dystopic vision to most. But in God's economy, He knows everything anyway. Used in an open-source society in God's economy why would you care if you were tracked paying your bills? It's only the drug dealing that we need USD for or Child sex trafficking, or child porn, or prostitution, or even getting paid under the table while on welfare stealing from the TaxPayers of this Nation and many others. There is theft and nefarious goings-on both sides of the coin from the money printers to the bad actors that take advantage of the system. Traceable money is the only fair money! For both sides! Some Bitcoiners argue that the Government needs to be transparent in how they inflate our dollar and if it's backed by Gold or not but not if they cheat the system, they should have the privacy to do so. It goes both ways IMHO! You have to have transparency on both side. You need Privacy coins if you want to cheat on taxes, buy drugs, or porn you don't want anyone to know about. No one cares if you track my coffee purchase.
Gold will never work. You cannot trust the reserves as there is no way for WE THE PEOPLE to verify ourselves how much exists. The analog of something never beats the digital version period. Bitcoin is the most liquid asset on the planet.
In walks Bitcoin! in 2009 on Halloween or what I like to refer as the Reformation Day, the Day Martin Luther nailed his 95 theses on the doors of the demonic "ROMAN" Catholic Church starting the Protestant Revolution (in like fashion Satoshi Nakamoto digitally nailed the Bitcoin Whitepaper and started the Finacial Revolution) and also "12 years from 2021! and 17 years from 2026. "What are the chances on the evilest day of the year God puts it in men's heart 2 times in History to take down strongholds!" I would say virtually impossible!
Now to God's signature...
21,000,000 supply "Why this arbitrary number? 7x3=21 / 21/7=3 "21 BACKWARDS IS 12!"
Its first mainstream BullMarket was in 2017 "7+1=8)
This is the Transparent Finacial Revolution wherein this time the Bible doesn't get translated taking power away from the Catholic Demons, the Banking Cartel "Same Catholic Demons" are having their power cut by the hands of God via the fractional reserve banking system is being dismantled.
And you are one of the lucky ones that get to witness it and take part in the biggest wealth transfer in human history!
Trump wants to pump the FED bucks via stimulus to end this system quicker! The repo market was dying end of last year and COVID was the reason they needed to print money. This is what has to happen for their power to pop. AND IT WILL IN GRAND FASHION!
The chart above shows my view of Bitcoins end game. It will reach World Reserve status and will level off and trade like the USD and stay in a pretty tight range. Between 100 and 200 trillion-dollar evaluation. We have to large pumps to get there and the job of leaders of Nations will be to get their hands on as much as they can between 2023 and 2024... And ETF will come in that region and Bitcoin will be the bearer asset of the world!
There are too many mathematic impossibilities for this to be some kind of cosmic accident. You'd have better luck taking your kid's plastic magnetic letters and throwing them at the refrigerator and spelling "SUPERCALFRADGALISTICEXPEALODOUSIOUS"...
TRUMP 2020!
DCA BITCOIN & HODL!
Adding perspective to the current BTC price actionGreetings Traders
The DXY has been a very accurate leading indicator and can be an added confirmation when deciding precise entries and exits in trading BTC through the last quarter of the year.
(A) - (B):
BTC spot price fell a sharp 18.62% (01SEP) - (08SEP) L/H 7 bars (8 days)
GBTC dropped 24% (01SEP) - (04SEP) L/H 3 bars (3 days)
DXY gained 2.13% (01SEP) - (09SEP) L/H 6 bars (8 days)
(B) - (C):
BTC spot price bounced 14.12% (08SEP) - (19SEP) 11 bars (11 days)
GBTC bounced 15.2% (04SEP) - (16SEP) 7 bars (12 days)
DXY fell 1.03% (09SEP) - (18SEP) 7 bars (9 days)
(C) - (D):
BTC spot price fell a sharp 14.4% (01SEP) - (08SEP) L/H 7 bars (8 days)
GBTC dropped 24.15% (16SEP) - (24SEP) L/H 6 bars (8 days)
DXY gained 2.18% (18SEP) - (25SEP) L/H 5 bars (7 days)
(D) - (E):
BTC spot price bounced 8.36% (23SEP) - (28SEP) 5 bars (5 days)
DXY will get a bounce, thus BTC spot price and GBTC will fall in price in proportion to the % rise in the DXY . This can ultimately be taken to more complex levels of analysis, but the high level view of this simple concept will prove very effective in the coming months for confidently entering into trades with BTC as it may provide another viewpoint.
Please comment below! I would love to hear everyone's thoughts.
-JNY
How many monthly closes above 10,750 to confirm the Big Bull?1.
2.
3.
Crunch... 4!!! Four closes above 10.750 to confirm the 20-21 Bitcoin Big Bull...
You've had 2 years to accumulate Bitcoin for under 10k now everyone thinks they are getting another chance. That is not how it works. Greed kills on both ends. You will load heavy once we cross 20k in regret for wasting time being a pessimist about the most world-changing asset the world has ever known. The herd of sheep will buy at 288k. This is how it works.
LOG SCALE LINES...Some say there's no way you can or should use straight lines on the Bitcoin Logscale chart. I beg to differ. Those straight lines tell a helluva lot for than those curved ones do on this chart the support and resistances are a perfect match. BEAM "Bitcoin Economic Adaptive Multiplier" has called top every time. That top line is already at 80k give it a year. If it's anything like 14/15 this will get very interesting.
One for all the S2F Haters out there! Especially my dude Dave the Wave who thinks that because this curved line exists that Bitcoin has to obey that line. What if an unthinkable amount of volume comes in "WHICH IT WILL" and takes this network into the global unit of account asset class status within a year "the end part of coarse just speculation"? The volume will come!
2020 high / 2021 high & lowFrom my perspective Bitcoin reaches a high of $17,234.99 for 2020
pulls back early 2021 for a low of $13,880 and reaches a new ATH by 12/21 of somewhere around 275k ...
ALL SPECULATION! With that being said Bitcoin has hit the between the 2.272 & 2.618 Fib on LOG scale all 3 bull markets.
GBTC D1: PATH TO 100%+ gains // Bottoming pattern(NEW)Why get subbed to to me on Tradingview?
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GBTC D1: PATH TO 100%+ gains // Bottoming pattern(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more short-term
losses now before reversal later (Q4 2020).
🔸 Summary and potential trade setup
::: GBTC 1day/candle chart review/outlook
::: tagged SHORT because it's BEARISH short-term
::: GBTC is close proxy for Bitcoin price
::: chart looks like bottoming pattern
::: in progress. Not IHS / but very close
::: speculative setup. requires confirmation
::: Short-term more losses likely
::: 15-25% downside remains next few weeks
::: no major catalysts for reversal short-term
::: going forward US Election Day may trigger
::: reaction in QQQ/SPY and boost GBTC price as well
::: recommended strategy: BUY LOW later // SWING TRADE
::: This downside in GBTC translates to BTCUSD
::: Cycle low point near 8200-8600 USD
::: SWING traders in BTC should wait for cycle low
::: before buying to BUY/HOLD
::: good luck traders!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: BEARS