Quote from: thewaterloggers on May 17, 2021, 11:31:09 PM

Quote from: bct_ail on May 17, 2021, 09:25:58 PM

Quote from: thewaterloggers on May 17, 2021, 09:06:24 PM

Despite suspending support to the public network, here is what I see, for WO observers eyes only:

- 130 days of consolidation, very healthy and not a sign or lower levels to come
- Decreasing volume sell-off shows bearish weakness
- 200 day ma at 40.000 as support
- TD 9 sequential bear warning

This is no time to be greedy and waiting. Tomorrow will be the day of the reversal I believe.

Buy fear sell greed.

Tell me more about "TD 9 sequential bear warning"

Dear bct_ail,
Absolutely not. This would further contradict my suspension, I recommend you acknowledge it, rather than insult me further please.
TLDR: I have suspended all TA support for the Western world. Tough times. Just BTFD it's not that difficult. The green button Wink

Given that WO is accessible to the Western world, any further technical analysis would breach my suspension.
You are acting as part of The Entitled I assume.
DYOR. I am not a financial advisor.
Yours Sincerely,
- The Architect

I liked your first post, thewaterloggers.

Then you have to come off as an arrogant know it all fuck (only after two posts, go figure?.. that's too bad.. we gotta pour one out for you already.. .you dweeb).

Yeah, right we surely appreciate talking about a variety of BTC price dynamics and theories about the BTC price in this here thread, but nobody knows the BTC price before it happens... so you can fuck off with your asserting that you are smarter than everyone else and hiding the ball with your wanna be sorcerer bullshit.

Quote from: LFC_Bitcoin on Today at 03:50:00 AM

@JJG

I’m a moaning bitch during big dumps. I go through a range of emotions but I never panic sell on the way down.
I think ‘normal’ people would sell stocks or regular investments during such a move as we’ve seen the last few weeks. That’s what makes us different though, maybe we’ve all got a bit of sociopathic investor type genetics haha.

Fair enough. I may have read too much into your post, and of course, we are in a public thread here, so even though I was getting on your case (and thanks for some specifics, too), there are likely some guys who are in a very similar situation as you (sure maybe not exactly the same, but you know what I am saying.. sufficiently similar as to be able to relate a lot to your situation... and there might even be certain ways that I am close to your situation - except for the fact that I am shaving a decent amount off on a continuous basis.. and not even saying that is the best method for anyone beyond myself because I get a sufficient amount of my own criticism to even suggest that my system is not even good for me.. go figure? I thought that I knew my own situation including additional relevant factors that I do not tend to share in public threads.

So, yeah, ONLY you are going to know certain aspects of your particulars in such a way that tipping points are caused at certain areas that may well be tipping points at different locations for other guys... whether we are talking about cashflow, other investments, view of bitcoin versus other investments, timeline, risk tolerance and/or skills, abilities and time to learn and tweak systems along the way that might include reallocation, trading or even employment of financial instruments.

Quote from: LFC_Bitcoin on Today at 03:50:00 AM

I tell you what though, nobody can say we’re lucky.

I say that about myself very frequently in recent times.. maybe just me, but sometimes, there are reasons that I have to explain my situation to people who do not really know my situation, and once I get to know the person and I end up going into some details, I tend to use that "lucky" expression a lot - including with people who I know have fucked up their finances a lot.. and I have been talking with them about bitcoin a lot in the past 4-6 years.. and sometimes they even believe that I have been talking with them about bitcoin for longer than I have been.. but whatever.. deep down, I actually consider some of them as almost like incompetent to be able to actually take steps that they need to take to get started in bitcoin.. so if I am going to continue the conversation without making the whole thing too personal and too confrontational.. I describe the various ways that I have been lucky through the years.

At the same time, I think that I spent so much time trying to help them with information.. so for example, if they say, they needed a loan from me, I am not even sure that I could do it.. because they continue to fail and refuse to take anything close to action that would help them to get going down what is quite likely to be a better path.. and maybe some of it is my fault too... because I am never giving any guarantees.., and some of these peeps need guarantees.. which I won't do.

It continues to be tough.. and can you imagine the day when 1 out of 10 people that you actually meet in real life actually has some kind of clue about bitcoin and has actually taken a stake in bitcoin .. even if a modest stake.... We are still in such early days..

Quote from: LFC_Bitcoin on Today at 03:50:00 AM

When we hit $150,000 this year nobody can say we’re lucky to be obscenely rich.

I think that many will... but we will have a variety of ways to counter.. rrrrrriiiiiiggggghhhhhtttt.

Cheesy

Quote from: LFC_Bitcoin on Today at 03:50:00 AM

These 35% dips are gut wrenching, we do recover though.

Yep.. and they can get bigger.. that's part of what makes them even more wrenching.

We are probably NOT even in territories where recovery is less likely than not.. or even less than 55%... I hate putting odds on anything in the short term that goes much further than that.. and sure when we are in the middle of a dip.. it's difficult to know if another shoe will drop.. but if we start to get recovery momentum.. the recovery starts to build upon itself and then seem inevitable.. and then pretty soon we did not recall so much how painful the correction was... and surely the no coiners cannot relate at all (except that they tend to be cheering for the opposite, those dweebs) because they fucking do not have any stake.

Quote from: LFC_Bitcoin on Today at 03:50:00 AM

Bitcoin is the future.

You do not need to tell me, you fuck (no homo)

Cheesy

You also know that I bust your balls a wee bit, partly because I have seen a lot of posts from you through the years, and you tend to provide decent specifics from time to time that allow for discussion points that are shared by lots of other peeps.

Quote from: LFC_Bitcoin on Today at 03:50:00 AM

Strong (maybe worried at times but still strong) hands.

I get a bit conservative in these times too.. so in that sense, I really don't see how at this point that any of us can really become overly comfortable that the bottom is in until we get back above $50k.. but of course, every lil bit of continued movement up provides more and more feelings of a cushion.. in regards to our current $42,100 bottom being in for this cycle.. and yeah, the degree of cushion remains both a production of quantity of cushion but also amount of time above certain price points.

Quote from: Sayeds56 on Today at 03:56:43 AM

Quote from: JayJuanGee on Today at 03:36:42 AM

[edited out]

Support Resistance levels on Day chart, BTC is getting good support at S1.

Source: www.investing.com

For sure, that is a nice little chart.. cannot deny that... to show if we are testing support or in the middle or testing resistance.. and don't even necessarily agree with those exact numbers in order to get a sense for where we might be at - at any given point in time.