toateotihuacan

toateotihuacan

Bitcoin facing resistance at 106K. Will complete rising broadening wedge, flash crash to scare noobs, and continue up to 280K. Good luck.

toateotihuacan

Using ghost candles from the 2021 bull-run we have replicated a similar scenario. Targets based on cup and handle pattern, followed by fibs. Good luck, traders.

toateotihuacan

Major trendline linear support (currently) @37K. .50 fib at 44K. Could be months to resolve.

toateotihuacan

This looks like a giant bullflag to me--call me crazy. 55K holding and retesting 69K was evidence of the health of the bitcoin market, but we still need a bit more momentum to make new highs. Let's swing to the next fib and continue from there, shall we?

toateotihuacan

Someone just requested a litecoin chart and this is all that matters. I wouldn't buy any alts until 2027. Most are trending down vs. BTC. Still no breakout here on log, so it's not a terrible idea to buy some alts, but uh.... I do not recommend it personally.

toateotihuacan Updated 

Join me and become a Fibonacci Maximalist. Thanks be to Leonardo Bonacci and the Italians. All my sells are at 360-400k. All glory to God. Updated version of the related idea below:

toateotihuacan

Buy bitcoin. Shoutout to @TechDev_52 I wanted to re-create his chart with my thoughts. Please give him a like and follow. Only thing worth noting about these BBands is it uses EMA instead of SMA, and 50 settings instead of default. Still a great way to catch a general trend and pattern. fib target of ~360K

toateotihuacan

I like the 2-Day chart best for clarity. Stop everyone out at 64K, scare the wall of worry one more time and continue upwards into unknown territory. No breakouts yet as evidenced by the continued decline in volume.

toateotihuacan

Linear fibs show buy support at 51K, but the halving will shock the supply such that the price will be forced to double shortly thereafter. Current cost to mine one bitcoin is ~50K so a fair price for bitcoin should be around 80K after many miners give up their rigs at a loss. Just spit-balling here. Posting chart for retrospective. How's WWIII treating you so far, anon?

toateotihuacan Updated 

Looks like a convincing breakout to the upside, which could provide enough momentum to hit the .786 fib before running the opposite direction, stopping the longs out for maximum pain before the halving. What do you think?

toateotihuacan

Improved chart from The End of Banking part 1: "The primary weapon the (((oligarchs))) have is the USD and banking. We have seen the breakdown of this weapon every since the divorce of East and West when SWIFT was banned from Russia. Alternatives to the dollar have been suggested, but only BTC remains. I've done the math. When the weakness of the dollar is...

toateotihuacan

The primary weapon the (((oligarchs))) have is the USD and banking. We have seen the breakdown of this weapon every since the divorce of East and West when SWIFT was banned from Russia. Alternatives to the dollar have been suggested, but only BTC remains. I've done the math. When the weakness of the dollar is fully revealed, bitcoin will reach 8 million dollars...

toateotihuacan Updated 

A Millenial's History of the world using the SP500. The only question left is: who is Likud? Better yet, who is Irgun?

toateotihuacan

You really think we're headed for hyperinflation? Nah. Powell is serious about raising rates because saving the USD may mean saving the entire world. Bitcoin is a passing fad, built on top of hype, greed and delusion. If it has any staying power, it will find its bottom in 3 years' time. Hold onto your butts.

toateotihuacan

There is tension in the markets, and it doesn't look good. Powell is raising rates to tame inflation and it's working just enough to piss everyone off. Bitcoin--similar to housing--is overvalued. This is evidenced by the number of scammers and tiktokers running get rich quick schemes. Real Estate Agents included. This time is different, but not the way you...

toateotihuacan

Using fibs for sell zones. Hoping to squeeze shorts all the way up to the 786. Sell deadline based on trend from 2017 bottom.

toateotihuacan

Bitcoin's first recession. Bids at 6400. LOG Fed funds rate is at the bottom panel. Never seen rates this high, will be interesting to see how high they can go, I'm estimating 7.5% before they pull back.

toateotihuacan

Using fibs and trendlines, I suggest DCA here -- and much larger buys at 9-10K. Bitcoin is private property--but, The State can take your home. In fact it is has already taken your home. We no longer have a choice We are all Nomadic now. “You are not your job, you're not how much money you have in the bank. You are not the car you drive. You're not the...