Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 17/06/2021, 15:46:01 UTC
the problem with Trendlines is: what points should I use to draw the trendline. the close price of the candles in a specific timeframe (e.g. 4 hours) or the absolute price lows or price highs of at least two candles upfront.

Just throw a dart at the wall.  That should help.

 Wink Wink


Funny.

People will sometimes ask, "is this a good time to buy?"   but many of them are not asking that question around these times.  They usually wait until bitcoin pumps anywhere between 3x to 6x within a few months or half a year, and then they ask:  "is this a good time to buy?"  Or they ask, if it may be a good time to get into shitcoin 1, 2 or 3 since bitcoin has gone up so much, but even though shitcoin 1, 2 or 3, had also gone up, but since such shitcoin only costs less than a dollar or some other "cheap" amount, surely shitcoin 1, 2 or 3 would be a better "bang for the buck" as compared to bitcoin, no?

The tweet citing Dan Pantera is surely letting us know "is this a good time to buy?" but wonder how many no coiners, fence sitters, under allocated precoiners are really paying attention? probably "few know this" even though the information happens to be right in front of their currently little non-melted faces.