Get started

Special

Oil's Dominance is Destroying BitcoinBecause of the world's actual, practical reliance on oil, even BTC is having a hard time keeping up. Bitcoin, sadly, is in a bear trend against oil. I don't know when this bear trend will end, either. I cannot tell if it is short or long term. Perhaps someone with experience trading oil futures and whatnot can chime in. Otherwise, watch out, fellow crypto enthusiasts. Looks like Oil's very stubbornly dragging BTCUSD down through all this worldly conflict. What do you think? Does this indicator even matter? How does this affect market confidence in bitcoin? Does it even affect it at all?
BITSTAMP:BTCUSD
by florasora
2
INAQ update - plot buys across the wicks on the trendlineBullish on INAQ and scaling in gradually to this SPAC under $14. I like SPACs between $10 - 13 as there is very little downside but a lot of potential upside just before the ticker changes. Looking at this chart my plan is to keep scaling in according to this wicks on the diagonal trendline which are like clockwork. So next buy would be around 12.90 tomorrow - let's see if it pans out. I'm going to trade off this chart until the pattern changes, most likely that'll occur the closer we get to 13.5 which is the most significant local resistance. Once INAQ breaks 13.5 I expect this to soar and be at $16 quite quickly. This can all be invalidated by a sell-off near that level or at the resistance. In that case, I will re-evaluate and look at support levels. But classing this one as an 'investment' not a trade (until ticker changes over). Of course, do your own research and always know what type of trade you're taking before you enter in.
ILong
by theponzimaster