xueq

xueq Updated 

I've been making TA for 8 years now on this Asset and r/bitcoin removed my post from the subreddit. The risk to reward isn't as favorable. I think we push to 160k at best. But I'm out for now 100k ain't bad.

xueq

maybe we push to new highs briefly but the inevitable 30% retracement is over due. I have a long position but am still relatively bearish despite this uptick. Long-term outlook is still the same. BTC to the moon

xueq

Ask yourself will americans and europeans stop drinking the number 1 drug... Caffeine! No. Currently 20% discounted. This is the only good deal I've seen all year. I've loaded up all the way down this discount trend.

xueq

mid cycle correction time. sure it might go a little higher but take profit sooner rather than when we correct 30-50%

xueq Updated 

Fibonacci levels from historic lows, to significant tops. Note that at the .786 level, and anything lower, (note as well the potential 30% drawdown lasting up to 2 months that can occur at significant cycle bottoms) has historically been the bottom for the cycle. We might front run the bottom though and fill up before we reach say $10,000 or lower. The 2018 bear...

xueq

The world is end sell all your coins now the meek shall inherit the earth triangle doom reign

xueq

On the verge of the longest BTC bear market, or sideways/downward movement since seeing upward trend reversal. Do we continue down and set a new record bear market?

xueq

The Average large pennant breakdowns on BTC.. the average is a 51% decline for these big breakdowns. so fair to say 20k in the cards here. do we go that low i dont know but valuable to analyze these common shakeout triangles. This is where retail loses there position, and institutions come in and buy the lows before trending higher. Good luck friends.

xueq

It'd be a gamblers fallacy to assume we can't keep going down - but it is notable to see we are about to have the most red weeks in a row ever. This alone does not indicate that we will bounce soon, just an interesting event in btc history to be observing.

xueq

Taking it back to highschool with this one. I've slightly derisked my altcoin position, expecting a extreme sell off... very typical to crypto currency. (of course overall still positioned for upside long-term) I can see some fundamental end of the world type catalyst/headline coming soon at the end of this technical consolidation. It is crypto and this is TA so...

xueq

Giant Inverted Hammer. I'm Curious how bullish do you guys find trhe inverted hammer to be. Does it signal a floor price the bulls are willing to buy or is this just another trap before we see lower levels. We have been continuing to make higher lows so progress is being made. I'm positioned, probably a little to on risk for an impulse move up but lets see how...

xueq

Elliot wave mode + triangle consolidations on a different level all pointing up. Russia Ukraine, El Salvador, and now soon US all recognize and accept / understand Bitcoin and Crypto.

xueq

This edition features a weimar republic hyperinflation pump by the fed over the past two years. Centralized banking cartel! Short term micro target resistance looks like ~56k i'm sure fibs and other indicators showing similar. Macro logarithmic top target ~125-240k by eoy. potential for 100k resistance to push into next year for macro target. big even.

xueq

Change your life for the better. Wakeup. You've had 10 years to get 1 Bitcoin. Now the next 10 will be spent trying to get .1 the tittys and triangle fractals show that the next triangle on average, will return ~700% over 13 months.

xueq

BTC oversold. Fundamentals better than ever, several nations/governments recognizing and legitimizing on both micro (governors of states) and macro (entire countries) legislating in favor of bitcoin. Legal tender status. Tax advantages forming. End game likely when the federal reserve shows evidence of Bitcoin accumulation.

xueq

Bullish Sentiment, low circulating supply. Selling alts to accumulate more BTC.

xueq

V3 attempt at logarithmic growth acceleration, contention points along the logarithmic regression. it is o v e r for no coiners. BTC Maxis rise again. Eth is cool too bad its just the FED 2.0 +300% incoming short term bull feed hopium

xueq

Proof of Work. I linked a longer form video description here down below.