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04:31 PM
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Crypto bottoms when we have our next "world event" similar to covid pandemic
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 84158295:MV81Mjc0MzUyXzk4NDAwNzU2X0U5QTU2RTZE] [quote:nemo_solus:MV81Mjc0MzUyXzk4MzkwNzcxXzU1RTJDQjg1] [quote:Mr Cheese:MV81Mjc0MzUyXzk4MzkwMzM2X0E4RTMzM0ZF] bitcoin still under the 200 day moving average at 19,500$ so honestly this shouldn't be exciting anyone just yet. Under 19,500$ means exactly nothing is happening. Daily ichimoku resistance cloud is at 18,500$. So two resistances it has yet to break. Meh. i did sell my coins after a tiny profit. just going to wait for a few days to gain clarity. not exactly interested in anything going up or down right now. too volatile for my tastes. i'm happy buying later at higher prices if it does go up. still have not seen a single bullish harmonic pattern on any crypto and i look at dozens of them. Not one... single... bullish harmonic. If this really was the bottom? There would be a few of them. Just saying. No bullish harmonics makes me highly suspicious that there is more downside action coming. [/quote] No doubt that we're not likely in any sort of major bullish trend. The DMA 200 zone will be a big test, for sure and it wouldn't surprise me at all to see another bottom form. As before, keeping an eye on the cash flow to try and spot a reversal, but otherwise just letting the trade plan run as intended. We'll see what happens! [/quote] Cheese when you said it will crash on the 13th did you mean that's when it will go up? [/quote]
Original Message
15.6k is not the bottom.
Crypto will bottom when we repeat the march 2020 "covid pandemic" market crash. Politicians will use this "emergency" to begin their money printing and cause assets to begin their bullrun.
We are not bottomed yet.
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Original first post below
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Thought I would log in under my account because my last post was as an anonymous coward.
Anyways.
I told you xrp would dump at 1.70 last year down to 50 cents. I was perfectly correct while you all flamed me for months.
I told you 69k was the top for bitcoin and you all flamed me for months.
I told you 48.2k bitcoin would resume the bear market due to a bearish gartley harmonic, along with hidden bearish divergence on the daily RSI, classic bearish divergence on the daily macd, 3day RSI trendline resistance, 400 day moving average resistance and 200 day moving average resistance. I told you this on march 29th the DAY bitcoin hit 48.2k. If you can't tell, i'm fucking proud of this one. Told you bitcoin would come down to 20-24k back then.
And i've told you that we are not bottomed yet. I told you 17.5k was not the bitcoin bottom. I told you multiple times.
This won't bottom until everyone is hopeless.
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