Bitcoin down 25% last week and this place is discussing meat.
Yawn. It will be back up. Hey, didn’t I say that Bitcoin is boring (and that’s a good thing).
But, you are wwwwwwwwrrrrrroooooonnnnnngggggg!!!!!!
Bitcoin no be boring, even if uie-pooie are inclined to want to ascribe such "boring" descriptiveness to it.
Learn how to get ur lil selfie ccccccciiiiiitttttteeee, otherwise you are going to require a snap-out-of-it batman slappening, whether be by dis here wee widdle avatar or some other avatar that is more inclined towards physical (imagination) communications in regards to your inept and inapt descriptors directed at king daddy. #nohomo
I reiterate, Bitcoin is boring. A snoozefest! I sleep quietly at night, with my life savings in Bitcoin. So sleepy, it is.
If it makes you feel any better, gold is even more boring than Bitcoin.
If you want excitement, there are altcoins that recently gained 100x and then flash-crashed. Wheeee! Which ones will recover, and which ones will just slowly slide away into irrelevance? (If it makes you feel any better, you can enjoy similar excitement at a Bitcoin casino.)
Now, was there supposed to be some kind of a Bitcoin crash? Zzzz. See? I am not the only one:
No. After reading that, I do not feel any better.
There's no blocksize debate, currently. Must be a historical reference, no? I know it was posted (tweeted) in the past 7 hours, but still.. old news, no?
So, who sold at the bottom girls? 
Hint: totally retarded, brain-dead, veggie IQ beartards!
Hint: totally retarded, brain-dead, veggie IQ beartards! Dude, what about veggie bulltards with memory loss, then?
Hint: I hodl
Sold a little portion above $50k, which was planned to be sold around $40, while a bit of it got sold in the $60k area already.
My carpenters only want fiat, that's why.
Green candle formation on weekly chart is very positive. If Bitcoin break 56,200 then it should make new ATH.
I agree that longer time frames, such as the weekly tend to be important to consider what might be going on in terms of BTC price dynamics, but at this point, the weekly has a decent amount of mixed candles.,. there seems to NOT exactly be any kind of meaningful streak going on currently in the weekly candles or anything that is especially notable about the weekly candles (beyond a kind of appearance of consolidation), at this point in time... not that I can see.. but what the fuck do I know?
The monthly, on the other hand, does seem to have a potentially meaningful streak going on.
More specifically, we have a quite unusual situation to have 6 monthly green candles in a row, and at the same time, the current candle (which would be the 7th) is currently red. Accordingly, the opening price for this monthly candle is at $58,789.96, which means that within about 4.5 days (from the time of this post), that monthly candle is going to close, and it will be green if it is above the opening price and it will be red if it is below thew opening price. Surely, such candle is currently within reach and also we do have a bit of a momentum that is going in such UPpity direction, currently.. but who can really say, beyond watching and appreciating that the next 4.5 days are "critical.tm"
You are absolutely right that Monthly candles are also important to predict Price of Bitcoin but i think as long as BTC price is above 21 Weekly Moving average, it is Bullish. We all know that TA is not perfect science and it is science of probability but this is the only Tool that helps us to make trading decision.
Oh my, Sayeds56, your response sounds even worse than it did when I responded to the original post, and surely you are going beyond my response.
In any event to address your further point, it seems quite ridiculous that suggest that the ONLY tool is the 21 week moving average to attempt to gauge if we are in a bearish or bullish posture.
Besides a lot of technical indicators having limited applicability, we have BTC price prediction models that likely tell us, way the fuck better, whether BTC happens to be in a bullish or bearish posture, and those include the following (but not limited to, for sure): 1) stock to flow, 2) four-year fractal, 3) exponential s-curve adoption based on Metcalfe principles and network effects.
If they wanted to create real FUD they would just have to get Craig Wright or whoever to say whilst surrounded by gorgeous women:
"Bitcoin is fantastic, it works really well but it can unfortunately never be used to pay for a whore is that right ladies?"
And they all nod and we watch the price nosedive.
"Bitcoin is fantastic, it works really well but it can unfortunately never be used to pay for a whore is that right ladies?"
And they all nod and we watch the price nosedive.
The level and direction of your "imagination" is surely diabolical to the core. You must further your efforts to offer such consultation services whether free or some level of personal gainenings to those "in need." #nohomo
The only consultancy / advice needed is: HODL.
There is a diabolical rabbit clothing brand so my "diabolical" imagination probably comes natural to bunnies.
Yes, a cutie for sure.. but what about other techniques such as DCA, buying on dips and lump sum capital injections?
Even though we might be deviating from the topic of my original response, seems that besides HODL there might be other tactics that could be employed and or consulted, too (am I not called koreck?). I would not want to presume that there is already a sufficient and/adequate accumulation of the corn, and other tactics may well be currently slipping from my
@JayJuanGee, sorry Sir, I didn't explain my response well that is why it was totally mis understood. When I said Technical Tool, I meant all Indicators including 21 weekly Moving average which is one of more than 200 Technical Indicators. By the way I trust MACD and Moving average indicators more than others because they always helped me to generate profit through my trading activities..
You may have noticed that I am not a very BIG fan of technical indicators in bitcoin, but I do not claim to be a trader, even though I have some practices that might be considered to be trading.
So yeah from time to time, if peeps (including members in this thread) are posting about technical indicators, might cause me some ccciiitttteeee.. and not necessarily in a good way.
