Quote from: crypt0jack on Today at 03:09:26 PM

Quote from: Paashaas on Today at 01:21:45 PM

Healthy indicators that Bitcoin is going to pump, but the question is when.

[img =400]https://i.imgur.com/RFbcH1b.png[/img] [img =400]https[Suspicious link removed]/status/1405252683431178240 https://twitter.com/crypto_birb/status/1404844613677076495

I would highly recommend you guys DYOR and not refer to the cheerleaders who literally run paid groups & bank on generating hype. Also Birb publicly called me out when I called top at ~$58k so maybe I just dislike the guy on principal.

FWIW, there's a non zero chance we see lows between $10k and $15k (should the downtrend resume). Yes that sucks, but that's what the charts are telling anyone who knows what they're looking at. We have just completed wyckoff distribution and are at a pivotal point now. Distribution actually has measured target moves, 2 in this situation: Around ~$30k and another much lower. It all comes down to the market and if enough *new* money is there to turn the downtrend around and send it north again. Said another way, there are 2 scenarios I'm observing. Scenario 1: $30k was the bottom and all is well. Scenario 2: $30k wasn't enough and the downtrend continues painfully. Think 2018 bear market pain.

My intention is not to cause pain or bring FUD, it's just to lay things out as black-and-white as I can based on TA only. I don't use any fundamentals/news in my analysis.

Quick edit to add: Price is still below the 20 week moving average which historically been the "gg" signal, where the game changes more to "sell the pump" rather than "buy the dip" until an extended period of consolidation occurs. Talking months, not weeks. If price is able to reclaim the 20 week EMA (now around $42k), then we're good. Until then, be cautious and for god sake limit your margin. There is no bullish trend currently, regardless of what Crypto Twitter tells you.

Hard to take you seriously, crypt0jack, when you come in and act like you are the smartest guy in the room.

Your points are not really bad, but they are a bit arrogant and also seem to be failing/refusing to adequately account for credible and currently valid BTC price prediction models merely because you seem to be wanting to assign higher probabilities to down than it rightfully deserves.

Furthermore, have you ever heard of preparing for either BTC direction? or are you thinking that it is better to prepare for down and just presume that people (whether we are referring to no coiners, fence sitters or precoiner or underallocated peeps), who already have a tendency to way too much inadequately prepare for UP.

Quote from: AlcoHoDL on Today at 03:25:46 PM

Quote from: El duderino_ on Today at 03:20:20 PM

https://cointelegraph.com/news/millionaire-whales-gobble-up-90-000-bitcoin-over-past-25-days?fbclid=IwAR1oU25U-N6LS4mblteedUZSrAsx02USMOlDRYChmIGTyTEq2WUa7DSvQRo

There was a time we where screaming for page parity…. Those times where only few months back….

Now we never want page parity again Grin

Next target: Post Parity!

Fair enough.

Seems like a long shot for this cycle, but surely within reach.

Seems a bit more likely for next cycle.. even though not guaranteed but seemingly more within reach..

Can you imagine? $600k-ish for this cycle?

That last link of the two graphs by Paashaas did show that there tended to be around a 10x or more bounce after the 61.8% retracement.. and surely that seems a bit much to put us at $300k plus.. but of course, we have seen overshooting happen as well, even though of course, we do have to acknowledge that higher market cap does require quite a bit more capital in order to get the same kind of percentage pumpenings as we had experienced historically.. and sure we do see that there does seem to be quite a bit of capital coming into the bitcoin space, so a BIG question is: "is it enough?" "is it enough?"

Quote from: Arriemoller on Today at 05:27:35 PM

Quote from: JimboToronto on Today at 03:54:52 PM

Quote from: JayJuanGee on Today at 03:46:01 PM

ChartBuddy's life matters. #just saying

Thank you for stopping the run of consecutive crybaby whines at 5.

So bots do care about each other. Or are you just afraid you will be next? Grin

You talking to me, Willis?

I thought that I be ignored? go figure?