Cryptocurrency’s taking a swan dive

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Do diamonds turn into lettuce under pressure????

Elan Mush aka 'the Dumpfather' and his army will find out soon...
 

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One of the egomaniac billionaires needs to prop up crypto like they usually do

Elon, cuban, chamath don’t care which 1
 

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One of the egomaniac billionaires needs to prop up crypto like they usually do

Elon, cuban, chamath don’t care which 1

Not gonna happen
Best thing to do now if you not already out is stay in .
it’s going to 3x the previous ATH in 3 years
 

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Yea it could be 20k but it won’t be guns blazing .
Its gonna go sideways for about 3 years just like it did the last 3 times then you will have the next halving and go parabolic again .
Rinse/Repeat .


Then it will drop from 180ishk down to around 60ish




This gonna happen
 

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I am just about positive that we are in a bear market .
Although the charts are not identical to 13 and 17 the principles are the same .
We are going through the same exact typical cycle .

We probably still have another 25 to 35% downside to go to hit bottom but we have seen all the ATHs we gonna see for a few years

And here comes the 25 to 35% more .
Bear market official
see you in 3 years
 

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If anyone wants to 10x your money buy wish
Its the next amc/GameStop
 

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If things happen similar to the dot com bubble...

dot-com-bubble2.png


Then Btc 12-15K
Eth 600-800
Both around September-ish

If we get a 10-15 percent market correction in the meantime, its possible

Go take a look at lot of the coin charts, and you will see what that guy is talking about.

There is definitely a similarity a lot of the time
 

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Home of the Cincinnati Criminals.
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Shit is looking rough now. Hesitant to even buy on these dips. Lol
 

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if it breaches the high or low of that mother candle its very significant and lieky will be come with quite a bit of volume and rise in volatility; everyone is waiting for this . Has to be closing price , has to be. Lets say Intraday pierces it to the downside trggers stops, volatility rises , actually may go way below then lets say buying comes in and closes back into the mother candle -- that's bullish, its a hammer pattern . if that was to happen on the weekly (the higher time frame)-- very bullish. Patience and buy. Can play it on the daily tho to, but again given its basing/downtrending the higher time frame is more significant . I have a bias to certain set-ups that i look for . Now if it breaks to the updie on the daily? again, pick up in volume, likely a long green candle on the lower time frames. My style for breakouts is I wait for a re-test of the break out area and enter on a bullish candle, the only probem with this is it may not come back to re-test , if it doesnt, i dont care tho..there's always trades available , i dont chase a trade







that MAY be forming on the weekly, (not ideal tho, kinda hoping we get a second pierce of the mother candle NEXT week) the candle DOES NOT close until Sat 8 pm, for a longer term 'ideal' trade................ front running is not a good idea. :). Talking 'ideal ' entry here. Investing? over 50% retrace, its on sale if you're a believer in ICONIC BTC

what does that candle look like? it happened on the 4 hour time frame (one of my fav time frames, then buy on the lower time frame - the hourly)


https://ca.investing.com/indices/investing.com-btc-usd-chart

click 'candle' icon, then click '4h' (4 hour time frame), then click widescreen;

look at the candle 6 from the right (depending on when reading this post it may be more)--its distinctive- GREEN body, LONG tail. The bottom of the box was pierced-triggered stops, doom and gloomers came out, some longs landed at Emergency wards.......then buyers came back. Where from? The Casino in the Sky is game for all. London , Eng....Melbourne , AUS....Singapore....small village in Africa . Bullish candle short term. has played out BEAUTIFULLY. IF you were to play just this type of candle on an UPTRENDING asset in retracement? probability is significantly in your favor long term...like stealing. No real 'work' , no employees, ....just click a button and have A STOP



the candles - the graphic depiction of investor sentiment. AGAIN, the WEEKLY candle is NOT done, this could very well be a up move before heads back down
 

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I don't think that methods used for predicting stock movement are very good at predicting bitcoin movement. The price of everything is based on supply and demand. After a bitcoin halving, the creation of bitcoins is cut in half and miner's profits are cut in half. There is always a bull run after a halving. Normally we would have a huge crash but institutional money may change the patterns of 2013 and 2017. Current events will determine the future price of bitcoin.
 

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If we can get thru the 'volume of resistance' (between 30K-34K)... not much potential resistance till 18K... potentially till 12K

I guess we shall see
 

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I really, truly wanna see Michael Saylor to get liquidated...

A lot of signs point toward another 50% drop and if it goes under 20K and stays there, his board of directors might get antsy
and make him sell ( or remove him and sell). I think that would be the bottom...

The universe generally punishes stupid behavior. Usually swiftly and harshly.
If we stayed like at these levels or maybe higher, there would be way too many idiots that made too much money.
The universe generally doesnt let that happen.
At least never in my case..LOL

On his twitter account he is basically a cheerleader for Bitcoin now.

Is Mikey getting skeered????? LOL
 

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