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Topic: Globb0 BTC charts - page 3. (Read 6412 times)

legendary
Activity: 1806
Merit: 1521
October 09, 2020, 04:29:00 AM
Hmmm this is a potential flagpole pattern?

equal rise again?

Sure, I could see a measured move there. A stop run above the $11,200 pivot into resistance near $11,500 (followed by more ranging) would make a lot of sense to me.

Something tells me the market will continue ranging below the August highs for quite some time. Months probably. No moon yet! Tongue
legendary
Activity: 1666
Merit: 2204
Crypto Swap Exchange
October 08, 2020, 05:07:06 PM
Probably
legendary
Activity: 2674
Merit: 2053
Free spirit
October 08, 2020, 03:21:10 PM
Hmmm this is a potential flagpole pattern?

equal rise again?

legendary
Activity: 2730
Merit: 1288
October 08, 2020, 11:38:25 AM
A lot of people was very negative in last few days, that is usually a good sign.  I dont expect some sharp growth this year and early next, but a small growth and month of stability and then again and again and again and again. Yes can go back for a week or so, but general sentiment should be moderately positive.  But what do I know.
legendary
Activity: 2156
Merit: 1622
October 08, 2020, 11:03:35 AM
What you guys thin about it? I was not that bullish for very long time.




what is the target of this movement according to you? In my opinion, we will stop at 12k, where bitcoin will be put to the final test - ATH or 7k
legendary
Activity: 2156
Merit: 1622
October 03, 2020, 05:53:51 AM
What do you think about the CME gap in the $9K area ?

I think that tail is not steering the dog.

CME volume - 5800 cont = 29 000 BTC = $ 300M
https://www.cmegroup.com/trading/equity-index/us-index/bitcoin_quotes_globex.html

While volume on binance futures and bitmex futures only is equal to $2.3 bil. Total bitcoin volume according to coingecko - $ 19 bil

If anyhow CME gaps would steer bitcoin price than it will be the easiest and cheapest way to manipulate BTC price. I doubt, but I am also surprised how many people are repeating this. Maybe some whales are trying to manipulate BTC that way by creating such gaps and then pay shillers (youtubers etc.) to spread it out as much as it is possible and others are repeating?

I know that on traditional market it is the case but BTC is not regulated stock with high volume located on market that is not 24/7 open.
JL0
full member
Activity: 817
Merit: 158
Bitcoin the Digital Gold
October 02, 2020, 06:03:31 PM
It hasn't really escaped that gravity, still the support remains intact


What do you think about the CME gap in the $9K area ?
legendary
Activity: 2674
Merit: 2053
Free spirit
October 02, 2020, 04:18:08 PM
It hasn't really escaped that gravity, still the support remains intact

legendary
Activity: 2674
Merit: 2053
Free spirit
September 26, 2020, 06:19:29 AM
Oh no offence, the chatter is good. Lets dig into stuff.

Here is my latest chart. Is there any hopium in it for you?


legendary
Activity: 2156
Merit: 1622
September 26, 2020, 04:37:38 AM
Same, I expected some follow through from bears when the daily lows were undercut 2 days ago. Instead, price just sat there and then sprang right back into the range. Makes me wonder if this is going to be a sideways time-based correction (like this past June-July) rather than a deep price-based correction.

I'm also very confused. BTC and SP500 are very correlated last times.I can't imagine SP500 crash without BTC dump. When i look at sp500 chart it seems to me that we are doomed to do something like this or even steeper.



While on BTC i'm a little less bearish. Going for something like this (weekly candles on both):



Do you think its time for BTC to finally show it strength against SP500?
legendary
Activity: 1806
Merit: 1521
September 25, 2020, 03:50:52 PM
Interesting. Didn't Clinton have similar landslide numbers before being upset in 2016?

You are right. I forget the fact that Clinton was a favorite and yet she lost. Even rates were similar:

https://www.nytimes.com/interactive/2016/upshot/presidential-polls-forecast.html

Back to BTC. Nice recover after breaking 10200. Didn't expect that.

Same, I expected some follow through from bears when the daily lows were undercut 2 days ago. Instead, price just sat there and then sprang right back into the range. Makes me wonder if this is going to be a sideways time-based correction (like this past June-July) rather than a deep price-based correction.
legendary
Activity: 2156
Merit: 1622
September 25, 2020, 08:18:25 AM
Interesting. Didn't Clinton have similar landslide numbers before being upset in 2016?

You are right. I forget the fact that Clinton was a favorite and yet she lost. Even rates were similar:

https://www.nytimes.com/interactive/2016/upshot/presidential-polls-forecast.html

Back to BTC. Nice recover after breaking 10200. Didn't expect that.
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
September 24, 2020, 05:30:38 PM
Excessive easy money policy results in zero growth, the stockmarket reflects the dilution of value more then growth or gains.   Thats the average result anyway, its happened dozens of times in many countries so theres plenty of data but economically theres no getting a gain from an inaccurate currency.   Speculators like the bias to future pricing over fundamental dynamics that hard money might dictate, a more boring economy but often more profitable steady growth then the gambles taken with easy money.
Quote
According to forecast trump has little to 0 chace to win.

More I hear that the more I worry because its not a straight vote count that decides it so its likely nobody can say perfectly, add in that people just wont report their literal vote.       People will begrudgingly vote for 1 candidate that may keep them in a job or industry that might be wound down under the policies of the opposing candidate.
   I'm willing to bet either party as winning if they stray too far from 50/50, I think thats where the real odds are biased to.
legendary
Activity: 1806
Merit: 1521
September 24, 2020, 01:03:00 PM
What's your take? Is the market pricing in a Trump loss and a subsequent repeal of his pro-business tax policies? I don't have the best read on election prospects right now.

If we are in a mid-term bear trend, do you view it as continuation of the post-2017 bear market? Or a temporary pullback in a new bull market?

According to forecast trump has little to 0 chace to win.


I think that market won't like it and we might see further dump till elections. Then we will have buy rumor sell facts stage - recover. Than printers will continue to do brrrrr and market will fully recover.

Interesting. Didn't Clinton have similar landslide numbers before being upset in 2016?

JPMorgan analysts are leaning the opposite way. They've been telling investors to prepare for a Trump win: https://www.bloomberg.com/news/articles/2020-09-01/jpmorgan-says-prepare-for-rising-chance-trump-wins-second-term

I agree though, in the big picture it doesn't really matter. The money printer will eventually go brrrr either way. But each scenario will create its own market narrative and will affect the short term trajectory.
legendary
Activity: 2156
Merit: 1622
September 24, 2020, 06:45:12 AM
What's your take? Is the market pricing in a Trump loss and a subsequent repeal of his pro-business tax policies? I don't have the best read on election prospects right now.

If we are in a mid-term bear trend, do you view it as continuation of the post-2017 bear market? Or a temporary pullback in a new bull market?


According to forecast trump has little to 0 chace to win.


I think that market won't like it and we might see further dump till elections. Then we will have buy rumor sell facts stage - recover. Than printers will continue to do brrrrr and market will fully recover.

Venezuela


Your country may be on fire, but if you do brrr quickly enough stock markets will grow 10x in a year.

legendary
Activity: 1806
Merit: 1521
September 23, 2020, 04:06:19 PM
Seems doubtful now. Today's daily candle (-5%) looks like a confirmation of a lower high.

Yes. I started doubt in my prediction after strong bounce from 11000$. Now its just impossible.

BTC and stocks both look quite ugly right now. At best, sideways. At worst, significant downside. That's my opinion.

So much blood everywhere. We have covid-19 second wave fear, US election fear. It will all make next 3 month very exciting/frightening.

What's your take? Is the market pricing in a Trump loss and a subsequent repeal of his pro-business tax policies? I don't have the best read on election prospects right now.

If we are in a mid-term bear trend, do you view it as continuation of the post-2017 bear market? Or a temporary pullback in a new bull market?
legendary
Activity: 3738
Merit: 10374
Self-Custody is a right. Say no to"Non-custodial"
September 23, 2020, 03:46:04 PM
Sorry for the ambiguity.. (perhaps, I am).

Largely, I was just shouting out that yellow dick statement in a general (yelling at the clouds, sort of - actually, I thought that the dude might have misunderstood that I was directed it at him, but I doubt that he is as sensitive as you, cryptotourist) way, and not even intending to direct such statement at any particular person, including uie pooie.  

The statement just sounded like a great random addition to my comments, and of course, very recently, I first was introduced to such statement idea from Marcus - (one of your beloved nemeses) - and my getting that statement idea from Marcus had nothing to do with uie pooie, either - even though you continue to behave like a defensively sensitive little twat.  #nohomo  Tongue Tongue

 Cheesy Cheesy Cheesy Cheesy Cheesy

Thank you Jay.
I did ponder for a sec to which direction it was heading, but either way I couldn't let it go - because as we both agree - I'm sensitive. Roll Eyes

We agree...
great...!!!!

Sorry to derail your thread with quasi-personal celebrations, Globb0...

So regarding the BTC price, in order to attempt to stay somewhat thematic, we can see that within the past hour or so, the lower $10ks are being tested.. namely observing $10,255 price support area had been hit in the past hour-ish...

Shitcoins seem to be taking a bit more of a shellacking... and surely, I do NOT proclaim to know causation of BTC price direction beyond appreciation that sometimes she goes up, sometimes down, and other times, sideways.

Maybe also, there should not be any problems with buying the dip, so long as you have a 4 year or longer price horizon,.... and of course, we are anticipating likely payoffs in much shorter periods of time, likely less than 2 years.. maybe even less than 18 months... but who knows?  Anyone?
hero member
Activity: 1190
Merit: 755
Homo Sapiens Bitcoinerthalensis
September 23, 2020, 03:33:20 PM
Sorry for the ambiguity.. (perhaps, I am).

Largely, I was just shouting out that yellow dick statement in a general (yelling at the clouds, sort of - actually, I thought that the dude might have misunderstood that I was directed it at him, but I doubt that he is as sensitive as you, cryptotourist) way, and not even intending to direct such statement at any particular person, including uie pooie.  

The statement just sounded like a great random addition to my comments, and of course, very recently, I first was introduced to such statement idea from Marcus - (one of your beloved nemeses) - and my getting that statement idea from Marcus had nothing to do with uie pooie, either - even though you continue to behave like a defensively sensitive little twat.  #nohomo  Tongue Tongue

 Cheesy Cheesy Cheesy Cheesy Cheesy

Thank you Jay.
I did ponder for a sec to which direction it was heading, but either way I couldn't let it go - because as we both agree - I'm sensitive. Roll Eyes
legendary
Activity: 3738
Merit: 10374
Self-Custody is a right. Say no to"Non-custodial"
September 23, 2020, 02:48:18 PM
Go suck a yellow dick....  Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

JayJuan, I know how much you enjoyed that statement.
Hell, I even know why... Wink

To your disappointment, I don't suck dicks, strictly or metaphorically speaking.

#neverendinghomo



Sorry for the ambiguity.. (perhaps, I am).

Largely, I was just shouting out that yellow dick statement in a general (yelling at the clouds, sort of - actually, I thought that the dude might have misunderstood that I was directed it at him, but I doubt that he is as sensitive as you, cryptotourist) way, and not even intending to direct such statement at any particular person, including uie pooie. 

The statement just sounded like a great random addition to my comments, and of course, very recently, I first was introduced to such statement idea from Marcus - (one of your beloved nemeses) - and my getting that statement idea from Marcus had nothing to do with uie pooie, either - even though you continue to behave like a defensively sensitive little twat.  #nohomo  Tongue Tongue

 Cheesy Cheesy Cheesy Cheesy Cheesy
hero member
Activity: 1190
Merit: 755
Homo Sapiens Bitcoinerthalensis
September 23, 2020, 02:32:02 PM
Go suck a yellow dick....  Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

JayJuan, I know how much you enjoyed that statement.
Hell, I even know why... Wink

To your disappointment, I don't suck dicks, strictly or metaphorically speaking.

#neverendinghomo



We’ve been in the $9,000 - $12,500 range for a significant period now. I would really like to see a breakout soon. 

My two cents:



#metoo
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