LEVEL 1 – THE COMPLETE NEWB/”WHAT ABOUT XRP?” PHASE Totally lost – no knowledge or strategy – just experimenting, and oddly/irrationally obsessed with XRP. LEVEL 2 – THE DIPPING TOES INTO THE REAL THING PHASE Starting to learn more and get into it, but losing money on most if not all trades. Loves alt coins and believes in the next altcoin run. Continues to...
I've labeled this as "neutral" because I don't want to lead anyone into a bad trade and also because I stand by my standard pre-emptor: BITCOIN CAN ALWAYS GO IN EITHER DIRECTION AND THERE WILL ALWAYS, IN RETROSPECT, BE A TECHNICAL ANALYSIS-RELATED EXPLANATION/RATIONALIZATION FOR THE MOVE. That said, the full-lifecycle Bitcoin chart never ceases to fascinate and...
I've labeled this as neutral since I don't want to mislead anyone and also because I stand by my previous post: Bitcoin can ALWAYS go either way and there will ALWAYS, in retrospect, be a technical analysis-based explanation/rationalization for the move. That said, I think when we look at the monthly chart we can clearly see a pattern with Bitcoin's bear and...
If I’m clear and word this post correctly, then it’s going to be a very unpopular one. Certainly most people on TV won’t like, TV itself won’t like it, the crypto YouTubers and their followers won’t like it, and the whales and market manipulators DEFINITELY won’t like it. So if I don’t get at least 20 thumbs down I’m going to be disappointed :) There'r a reality...
Look - ANYTHING could happen from this point, because it's Bitcoin - but it's hard not to compare this huge consolidation period with the one we were in exactly 3 years ago (in late September 2016) at around the same point in the bull market (ie, towards the beginning, after the first run-up). If you look at what happened then, Bitcoin played "nice" by going...
"Wake me up when we start moving again..."
The 2-day chart w/ichi cloud, when looked at in the context of Bitcoin's entire lifecycle, is presenting a very clean and clear narrative right now.
I've been kind of obsessed with the 4-day chart lately because of how much data it contains while still being relatively agile, compared to the weekly. So then I got to thinking: What if, from the very beginning of Bitcoin's history, I could only use the 4-day chart and one very basic indicator - the 10 simple moving average - to trade? What if the 4-day was the...
Upside target would be around 17K, downside target would be around 5K.
Whenever Bitcoin goes on a big spike/upswing, the dimensions match the Eiffel tower exactly. I am putting together an Eiffel Tower indicator. It will cost $900.
Hello - my name is Bitcoin and I LOVE to procrastinate..