Bitcoin Price Thread

bitcoin
cryptocurrency

#4270

Yes, I wasn’t killing it but was keeping my head above the water level. However it was either start hodling or quit crypto or quit my job. My job pays more and I didn’t want to quit crypto so I became a hodler for the most part.


#4271

Oh I’m definitely exposed to the market (low-caps (highest %), cash and btc), I couldn’t sell most of my current illiquid positions if I tried :joy: But always have powder on the side

I’m ‘lucky’ in that a lot of my positions outperformed over the past few months (Quant at $0.16-$0.24), OCN full-scale out on pump, etc; sometimes it’s better to take what is given to you, and even in a quote unquote ‘bear market’, your own individual portfolio can do quite well.


#4272

Sorry Scraggy for the delayed response but Amazon has fallen down on the job. My overnight delivery of the “Crazy Ass Gaelic Translations” book is a no show.

I will get back to you,

Sincerely,

Jimbob


#4273

Channel seems to continue to be in the game.


#4274

IMO we are due a little relief rally from the 3000s, or at least a pause to allow the 10ema to catch up on the daily.


#4275

Bearish triangle in play on the 5m. Not looking good short term. $3k later this week?


#4277

That image is misleading, as the “pennant” diagram is actually wrong. A pennant should have higher lows and lower highs, and form a conical shape like the symmetrical triangle.

What I was showing was a clear descending triangle, which even after a move upward, is a bearish pattern.

My chart was on Coinbase though, and after looking at the other exchanges, the triangle is invalid (and instead is showing a flag), so you will likely be right. :slight_smile:


#4278

So TA experts:
Are we going up from here or heading down below 3K?


#4279

I found this guys take interesting https://youtu.be/OnRXw2UK4MI


#4281

Hopefully see a measured move up here, then a right shoulder :crossed_fingers: not confident where we go after that, currently I’d suggest down again to test 3k but we’d be closer to a test of 6k which is going to be a hard nut to crack.


or we could shit the bed again and continue down to 3k


#4282

Maybe a small run up to Christmas and then a sell off again. People wanting to cash in for some extra cash


#4283

Screw Christmas, telling my wife and kids that Christmas has been cancelled by the bears. They’re getting Bitcoin instead. LoL


#4284

It’s all a lie anyway. Just a holiday stole from the pagans :smirk: I’m gonna get wasted dance round a fire and smash up my town like they did in the old days on the winter solstice!!


#4285

what scares me more is that january is around the corner and year over year over year no matter whats happening with bitcoin it tanks in january hard.


#4286

I don’t mind picking up BTC from the mud.

Eitherway I can see it droppin down to ~2-3k, don’t You ?

Cheers.


#4287

I’d like to see that


#4288

I don’t have the energy right now to convince anyone but I feel some duty to this thread as it has helped me in past…

Craig Wright has been labelled a fraud by the forces he threatens. And he is a bit of a dick too.

Ask yourself why you feel so negative towards him. Has your thinking been influenced by memes and false narratives.

Here is his recent thinking https://medium.com/@craig_10243

Here is his security qualifications from 2008 https://www.giac.org/certified-professional/craig-wright/107335

I no longer believe BTC is the rocket ship… it’s still on wave 3 heading down… heading well below the 10year trend line…while BCHSV is mooning. Don’t miss out because of fixed thinking.


#4289

Be a pump and dump. People trying to make money in this market.


#4290

Guys control FOMO if we see another dip, this is just the 2nd week since BTC broke the 8 month old support of 6k, we could be in this low area for a while.


#4291

Anticipating a rounded bottom recovery with a few capitulation candles and long wicks rather than “V” shape. I’m with @leetorres in that there’s no rush to buy the bottom, it will be a long consolidation and accumulation phase.