image Price hitting 31K. This is brand new to me and I can't unsee it. I mean I feel no pain so far, and I feel left out. Well this chart makes me feel gross. It's a nice resistance to flip into support. People will say bitcoin is dead, what gives up almost 100K in nominal value... I love it... This is a Bitcoin Maxi kind of capitulation. MVRV score today is 16, deep value is in the green, everyone is selling at a loss. MVRV says deep value scores between a score of 2 and 7. 31,000k bitcoin is just a subjective target because it looks like previous resistance that was never re-tested. In terms of % drop it would be barely less than the previous bear market - Gary Cardone ain't ready for this mang!
everything that Epstein touched is worthless, means that his victims are too. And that’s just not true
Grace_Too gracetoo@nostrplebs.com Weekly uptrend from 2023: Being tested First potential close below since 2023 12hr: Bearish since Oct Range: $87-99k Liquidity: Being absorbed Regime: NEUTRAL Waiting for price appreciation to establish next downtrend anchor point. Until then, no major trend signal. If this weekly support fails, expect the "Bitcoin is dead" headlines to return - The 4yr cycle is your friend to the end
The only editing I do to my trend lines is extending them. I think of them as heart lines because they’re very much alive
I’m neutral in my bias. Waiting to see if the 4 year was really dead. I’ve been telling my friends that the S/R was the line in the sand. It was rejected, now price is trading below the weekly up trend. I’m still neutral as we’re in the trading range. We are in the B wave of an ABC correction from my perspective. Like 2022 I’m looking for a C wave to emerge. We are very close in time to finding out. I don’t think we just sell off from here, not yet, but it’s not looking favourable right now. We are under a 1h down trend, and below the weekly uptrend but still range bound Buying strength to me looks like a weekly close over 100k until then be patient and keep accumulating a cash position image
I see so much garbage chart analysis it hurts. I’m not a trader, but I love charting Bitcoin. I told everyone I know, strangers included to buy in Jan 2023, I told them to HODL ever since. Now I’m ringing the alarm bell again, build up a cash position because I believe that we’re going to find a bottom again Q3 this year. Sorry to say, but the 4 year cycle has prematurely called dead, and this is great news. Here is my unique trend following chart. No one does charts like I do. You couldn’t copy me if you tried. I see a fractal pattern no one is talking about here it is on the weekly TF image
What does the world look like after a 5th wave impulse move to 13% on the US10yr revisiting when all of this started in 1984 image
I’m not a pro, but I think we should give a different name to this chart pattern here on the ETHBTC since it’s ghey The Adam and Steve, so be a friend to the mETH heads in your circles and get them on Bitcoin. Friends don’t let friends mETH image
Look at how excited the plebs are about @Ian Carroll introducing his audience to NOSTR! Ben’s getting zaps on top of Ian’s zaps! We’re going to have so much fun with words, meme’s and the new cultural movement that’s growing View quoted note → image