Quote from: WatChe on Today at 11:03:18 AM

Quote from: JayJuanGee on January 20, 2024, 06:19:49 PM

Quote from: WatChe on January 20, 2024, 06:07:29 PM

Quote from: JayJuanGee on January 20, 2024, 12:29:28 AM

The 200-week moving average is currently about $30.25k...

Thanks to awesome work by Bitmover now we have a tool where we can instantly see Price of bitcoin vs 200-week moving average.

Bitcoin got a good rebound from 40k$. So there is chance that Bitcoin may move back in the window of 43 - 45k. Let's see what price of Bitcoin will be for next 2 to 3 days and that will give more clarity about where price is heading.

Yes.. thanks to bitmover.. and yes, the site shows the difference between the BTC spot price and the 200-week moving average, and even being able to select it for historical dates.

However, right now (maybe for the last 2-3 days), there has been some kind of glitch in the site, and the site is not registering the inputs on the left side in order to show the outputs on the right side of the portfolio balance values and the monthly authorized withdrawal amounts based on the inputs.

Quote from: bitmover on Today at 01:26:17 AM

Hey, it's working again. I made a mistake while uploading the files for the last version.! You can check it out.

I will soon add it to the menu of the website

I still see that glitch. Correct me if I am the only one getting that error? Bitmover says its fixed but not at my end.

At the time that I first reported the glitch to Bitmover (maybe a day ago), I had not been able to load the page through any of four browsers, which were Chrome and Safari on the Mac and also Chrome and Safari on IOS. Then about 8 hours later, he said that he fixed it, and I said that I still was not able to load the pages, but then by the time he posted here (the above post), I was able to load it on Mac on the Safari, but not the other four, and then I loaded DuckDuckGo on my IOS, and I was able to load it from there too.. so that is why I sent a merit to Bitmover because I saw it as mostly resolved, even though it was ONLY loading on 2 out of 5 of my available browsers. In the last 3-4 hours, it has been loading on all 5 of my browsers, so I figure it is working now.

By the way, I do see how some of us could start to get addicted to such a tool, and I have not yet seen anyone imitating it, which also is one of the great things about some of these ideas that can become more and more common with the passage of time and with people talking about them.

Quote from: WatChe on Today at 11:03:18 AM

Price of Bitcoin is way ahead of 200-week moving average which is 30k$, so there is nothing to worry about. Just a small dip and Bitcoin once again back onto track.

Yes. We can see that we had gotten up to $49,048 which is 63% above the 200-WMA on the 11th (even though the daily average only shows 55%-ish) and then dipped down to around 36% above the 200-WMA on the daily average on the 19th, (but if we manually calculate the spot price we will see the spot price at $40,258 had dipped to only 33% above the 200-wma), but then now we are a bit over 37% above the 200-week moving average.

Quote from: WatChe on Today at 11:03:18 AM

There was too much expectations from newly launched ETF's and they fail to have any significant impact on bitcoin price in there initial days of launch. Give it few more days and we will see whether they can have any impact on bitcoin price.

Seems like noise to me. We are going to get these kinds of moves, and probably part of the justification for keeping the don't wake me up zone so large between $35k and $55k because it should be difficult to figure out why any of us longer term bitcoiners should be getting too excited about price fluctuations within the context of such a broad don't wake me up zone.. even though I still watch it, it still is not anything to get too worked up about until maybe we start getting closer to one side or the other of the range... rather than mostly bouncing around the middle.. maybe the lower middle or the upper middle, but still largely the middle.

Quote from: Ambatman on Today at 04:23:59 PM

Quote from: boumalo on Today at 03:39:05 PM

2 days around 41,600$ next is a pull back or a spike. I give 63% chance of a spike. 44K$ is my target.

The market needs a positive news currently to undergo such. Its been under $43K for too long

Define "too long"

You really need a reality check.