Interesting day. The volume is low, but has crept up every so slightly over the last couple of days, and then today’s announcement, which puts the project forward a bit, but doesn’t really clear hurdles. Looking to March for news on the sample testing. The price itself may clear hurdles though, as it looks to test the 200 day ma. We shall see. Return to...
Hi, we have a green 2 trading above a green one, so you would enter here on the break of short-term overhead. Maybe look for a string of three nines?
Bitcoin not quite capable of fully retracing the top of the linear fib channel. Very bullish, and so like Bitcoin to leave wallflowers. Tom Demark is flashing a green one on the daily on the break of immediate overhead, so the potential is there for fresh all-time highs. I’m floating in a most mysterious way.
Record low volatility as recovery Adam and Eve is contained under all-time overhead. This has the effect of compressing the eve, or inverse head and shoulder component of the formation as it gets late, as we are now. Low volatility begets high volatility. I’m betting big that the floor holds, and imaginary overheads evaporate.
This is Adam and Eve in linear. You are blind if you don’t see the descending overhead, and we’re at the right, inverse shoulder of an IH&S, and we have spinning tops. The whole chart history has been bearish, with lower and lower highs. I’m looking for that counter-trend move that prints a fresh higher swing high, which would signal at least an attempt at a...
I never accepted the notion of diminishing log returns. That “theory” only came about by technicians overzealous about some minor indicator. You know the types. They only use bollinger bands or moving averages or parabolic SAR. They think inside a tiny box, and although often wrong, they somehow push on in their delirium. These guys must going crazy right...
Enough time has passed in this inverse head and shoulder, and the spring is coiled for a nasty inverse right leg, which puts the price into the middle of the bull fib channel. I think it’s notable that a crypto miner decides to raise in order to buy $500M worth of BTC on the open market, while at the same time rapidly expanding their own fleet of miners. It...
I now have 10X the shares gifted right as the price breaks above the overhead. Nice timing. Three months, and then split 10:1. I like that a lot, and I’m down for that to happen again. I was up 615% on that last pump, and we’ve come down 60% off the peak, but that’s still up 250 some odd %. Haters can hate all they want, and I’m getting the popcorn ready for...
Consolidating in a pennant just above the prior all-time high, which was $333. Looking like higher lows will prevail, and MSTR searches for that next higher swing high. I’m calling $10k, but there are interim targets obviously. $800 range looks like the next stop.
The “stock-to-flow” model has predicted the BTC price correctly so far, and it points to a 10X….a MIL:1M test in 2025. I’m not just saying that. Take a look at it for yourself. It’s there for everyone to see. You either stick with the “diminishing log returns” guys (who were the same types telling us Tesla would actually sell a GETTEX:25K car, which was...
It must be a miracle to get gifted 10X the shares, right before the underlying gets included in the QQQ. It’s a one-two punch. Maybe we won’t see MSRU/MSTR parity afterall, because MSTU will keep splitting shares in order to facilitate the options, which just came online a week or so ago. This is just getting started. There’s a gap below, which we hope to not...
Hi guys, Tom Demark isn’t flashing any green yet, but we do have a reversal candle at the bottom of the bull fib channel. If the next candle can close above, then we can get a monthly entry point on a green 2 over a green 1. Look what happened after the last split.
Theories about diminishing log returns will soon meet the laws of supply and demand. Only a fool could believe that Bitcoin is near the top. It’s done here guys, go home. Nothing to see. Ok, getting serious, the stock to flow model predicts a 10x in Bitcoin in 2025. A one million test effectively. But that’s not even the steep part of the curve. The steep...
Hey guys, Transocean has about a 10X to the top of the bear fib channel. Then it decides if it wants to break out of the channel, or get rejected. I think breakout. I could go into the fundamentals ad neaseum, but it doesn’t really matter if the chart says so, it is so.