Tron is probably going to be the failure point of the whole USDT scheme, so having a specific level to watch for is a very useful bit of information.
Quoting: nemo_solus huh? i dont understand this. why's tron important? failure point? i'm intrigued
BTC moved up nicely today, closing at the upper limits of the resistance zone. How it interacts with the DMA 200 and prior support over the next day or so will be an indication of how strong this trend up might be.
Quoting: nemo_solus bitcoin has several bearish harmonics it could make. it actually has 3 different potential bearish harmonics it could make as it has made the X-A-B-C of all 3 of these so far (truly unique moment right now. i've never seen 3 potential harmonics just one impulse in the same direction from completion). The D wave is the rejection wave. Depending how high bitcoin goes will determine which bearish harmonic it is.
-a bearish bat harmonic topping at 20,800$ (would be perfect to get all the moonboys hyped about a bullrun starting if it goes over 20k)
-a bigger harmonic, the bearish cypher harmonic at 23k
-a 2nd even bigger bearish cypher harmonic at 28.8k
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i believe bitcoin probably will reject at one of these three spots.
I said this a few weeks ago... but if bitcoin goes to 28.8k and rejects there? I'm giving serious consideration that bitcoin may bottom at 2400$ area.
honestly i think the 28.8k bearish cypher rejection makes the most sense... i'm just not going to sit here and tell you that i think it's actually going to happen. i'll believe it when i see it, basically.
