Palestinian_Bitcoiner

Palestinian_Bitcoiner Updated 

Ladies and gents, we're back with another riveting episode of the Bitcoin Show! Just 12 hours ago, we had a successful trade, and now it's time to strut down Profit Street. 🚶‍♂️💰 Here's the dealio: I'm callin' to cash in those sweet gains and be fully out of our trading position between $27,800 & $29,200. Why? Because we're sittin' pretty at over $26,500, and...

Palestinian_Bitcoiner

The following is a conversation I had with ChatGPT4 Me: I know you are only an AI language model, and unable to access real-time information or financial media news publications. However, you can provide a general overview of historical Bitcoin price cycles and analyze the hypothetical scenario you've mentioned as if it were fact. Use financial media news...

Palestinian_Bitcoiner Updated 

If you don't keep cash for a potential dip to low to mid 20Ks, then... I don't know what to tell you

Palestinian_Bitcoiner

Hey there, fellow Bitcoin enthusiasts and traders! Let me take you on a wild ride, so buckle up and let's get this Bitcoin party started! 🎢 Once upon a time, on January 9, 2023, Bitcoin said, "I'm tired of this 300-week moving average party, let's have some fun!" It then proceeded to crash through the ceiling at around $18,445 like a bullish Hulk. 💪 Why then?...

Palestinian_Bitcoiner

STEADY LADS - Greetings traders, I am excited to share my bullish outlook on the market with you all. As I see it, the correction is behind us and the bull market is back in full swing. In fact, I am more bullish now than I have been in the past seven years. I firmly believe that we will not be dipping below 20K any time soon. We have successfully moved off of...

Palestinian_Bitcoiner

From the low of the 2018-2019 bear market to the peak of April 2021: High: $64,200 Low: $3,120 0.236 retracement level: $13,207 0.382 retracement level: $22,138 0.5 retracement level: $33,660 0.618 retracement level: $45,182 From the low of the 2018-2019 bear market to the July 2021 crash low: High: $64,200 Low: $28,800 0.236 retracement level: $37,332 0.382...

Palestinian_Bitcoiner

Welp,, that developed quickly! As you can see, it's been 21 days since we were rejected by the 200 week at ~$25,262, I've reduced all the noise on the chart so you can see the main levels. What's important here is temperament. Sticking to the plan is the challenge. I will now accumulate continually below 21,300-21,600 level. 200 day MA is ultimate support,...

Palestinian_Bitcoiner Updated 

Greetings fellow traders, it is I, your ever-so-humble market guru, back again to share my insightful analysis on the recent Bitcoin correction. As I gleefully mentioned in my last post, we have spent the last 3 weeks correcting from ~$25,262 where BTC was rejected by the 200 week moving average. And let me tell you, I called it! (Cue self-congratulatory...

Palestinian_Bitcoiner

Greetings fellow Bitcoiners and traders! It's me again, your trusty pleb analyzing BTC/USD price action. So, it seems like the bulls have hit a bit of a roadblock on their way to the moon. The $24,000 level was just too much to handle and a wave of profit booking set in. As a result, the bears have taken control and pushed the price below the immediate support...

Palestinian_Bitcoiner

Pleb part approaching, LFG 200 Day MA way below current price action with so.mucj support under. Resistance is 200 week but 21 week MA crossed over 200 week. YOU WANT AN EXPLANATION? didn't think so. I'm just praying this for myself for posterity and Tradingview forces me to enter description. Sure, there are other ways to do this. Whatever. GFY & ILY. TGIF...

Palestinian_Bitcoiner

Well well well. We'te at a crossroad again. Credit markets loosened up, risk takers are strolling around. We're over 200 day MA Over 21 day MA Above us directly is 50,100,200 week. Death cross or whatever I have horizantal lines for you. Let's see where this goes from here. Probabilitiea favor downside, but we want to be bullish and hopeful I guess, lol. Idk...

Palestinian_Bitcoiner

Bitcoin my high school sweetheart, You've been on quite the 74%+ ride down. For 58 you've been moping around sideways. Well, the hourly is knocking on the downtrend resistance since November. Just when things become boring for most, things get violently interesting instantly. Has it been hard for a constant MM? YES. ANYWAY, I have so many things to say about...

Palestinian_Bitcoiner

What can I say, I have a bias. But you know what, I'd rather be temporarily wrong and right after for a long time than temporarily right and wrong forever after. Also does the chart not speak for itself? I don't assume anyone looks at these, but if anyone does and would like an explanation, I'm happy to oblige.

Palestinian_Bitcoiner

The Lower BTC Goes, The Lower The Risk I try to be objective, but I can't. I'm 100% dedicated to finding the best performing asset with lowest risk over the next 20-30 years. I believe that's Bitcoin. Naturally, I'm looking for a good entry. This thing is systemaic. The cycles are predictable. Where are we now? Look, by November it would have been a year...

Palestinian_Bitcoiner

Is the Dollar index showing signs of it topping out? Well, we'd love to see the topping out of this very bullish parabolic chart. Indeed, there seems to be some bearish divergence. This could prove to be a reprieve for risk assets like Nasdaq equities and Bitcoin. What are your thoughts?

Palestinian_Bitcoiner

yada yada, words so I can post. This is a weekly chard but you can see how many days each move consists of. Look at the shallow relief bounces after no blow off top. Diminishing returns, let's go. Is Bitcoin even worth looking at anymore? DXY is parabolic. The Dollar is STRONG.

Palestinian_Bitcoiner

<=3 days left until the close of the weekly. A week when at least 6 consecutive days were down. Red. Booyakasha. DCA army heaven for sat stacking plebs on the way to #getonzero. No, seriously though, i am of the opinion that the weekly chart is important regardless whether you're a trader (swing, momentum, day, intraday, scalper, position, seasonal, cyclical) or...

Palestinian_Bitcoiner

Here we are battling out the 24,200 horizontal resistance again, for what, the 4th / 5th time? So what are targets now? 25,500-28,900? 33K wick? Let's go, but we're closer to lows than we are highs. Well, after an inverse head and shoulders. Three dumps with high volume (Dec,Jan, June) with obvious forced selling. I suspect reversion to mean being time...