Orriginal.Crypto's avatar
Orriginal.Crypto
orriginal@nostr.com
npub17lpp...zeru
Really sad to see that if you do not pay a relay on demand, you get nothing but probalens afterwards. Oh wel 0 SEE YAAAAAAAAAAAAAAAAl
DXY $ in Yellow #Bitcoin in Orange Fractal since Nov 2021 ATH for BTC I have always, for years, been one to say that BTC and $ move in opposite directions... and to many extents, this shows you what I mean but what I do find very interesting is how, since the Jan 2024 Take off with #BTC, the $ and BTC have effectively been in a Range together iuntill the BTC ETF's began taking over. And more than that, Look...This BTC Range since March this year has been more stable than the DXY ! BITCOIN - REAL STABLE DECENTRALISED CURRENCY image
One thing that is rarly looked at to see about BTC PA is the #Bitcoin XAUT ( GOLD ) Chart This has NOT broken out of range, though climbing well Currently at 25.078 ounces per BTC, we hit a wall at around 26.3. One reason why this has happened is that GOLD is also gaining. But BTC has a higher % Gain. We wait to see what happens. Will GOLD retreat and BTC continue ? Or will Both retreat or continue to Gain ? image
Thanks for the invire Alby - One erquest - PLEASE DO DARK MODE
A Closer look at lines of resistance for #BTC till we reach 70K Cliff. Current wall at 68K then we will have 70K True Cliff begins at 73K - ATH Zone MACD still has plenty of Room to rise a But be aware, it may take time and rejection is possible anytime. SPOT is SAFE LEVERAGE IS RISKY Trade safe image
So, Another great push , with volume, From #Bitcoin and now we sit above the long term resistance in Mid channel and seems comfortable with it, though RSI over bought but can range further. The longer it does that, the more Fragile things become We now have a number of layers of heavy resistance till we pass 76K (red bar) If we get through 68K , next wall at 69K. then the cliff from 70K to 76K WE CAN DO THIS
Another way of looking at where #Bitcoin is at right now. Since Jan 2023, it has created a number of rising channels and we have just broken back into the upper channel. The upper Trend line of this Channel has rejected PA firmly on 3 previous occasions. The zoomed image shows you the tightening that is happening The Squeeze PA WILL react before 23 Oct Apex.
Remember that Squeeze I been talking about ? It is certainly Time for a reaction now and its coming.... The upper trendline there is the long term resistance since March and we now have that 236 fib line just below... Support just below that to You ready ? Could go either way but I think HIGHER image
Bitcoin Versus Gold update Just NO compitition here... BTC RIULES image
#Bitcoin may well be doing well against the usdt stable coin but #Bitcoin is STOMPING ALL OVER GOLD Sorry Peter Schiff image
One of the biggest mistakes a Newbie trader will make is seeing a 25% profit on a coin and go.."Ohh..Take it now..Lock in Profit" And while thatis an excellent idea at times..It is very important to keep in touch with the project that allowed that profit. Case in point for me, the the BINANCE coin, BNB. I first bought BNB in early 2018 -it was 20 usdt a coin and I bought LOADS. PA dropped and so when it went back up to a staggering 34 usdt in Jan 2019, I sold up and went into other coins..happy with my profit. I did reenter my trades to BNB but I will ALWAYS regret Not holding the BNB I had in the first place. THINK when you enter a trade about its true potential. BINACE is one of the most respected and securly backed Exchanges out there. Its coins WILL Grow. And given how the busines has grown, I can see further huge gains but at the same time, we do need to keep an eye on the market Cap....This does influence a coins price. for instance, a coin with a distribution of 4 billion is NEVER going to be worth 10,000 usdt a coin. Be realistic image
Bitcoin 3 hour YUP - was worth waiting for monday morning. We finaly got over that 236 Fib line. Now we just need to hold it. We may come back down to retest is as support. The Bold dash line overhead is what we need to break over, that has rejecyted us since March Have a good week image
Bitcoin Weekly Week closed Green but only just, with an indecisive hanging man Doji. This Could be showing a Bullsih potential move higher but I do draw your attention to the Squeeze PA is now in. PA will react before we hit an apex 99% of the time. That Apex is around 11 November. Also, the dotted Trendline has been used as support only 2 times previously, in 2017 and 2019 and on each occasion, we went to a high. But see how PA has been contained on this line since Feb 2014 and has ranged along it since July 2014. This is a STRONG line of support and could still be the Spring board to break through the wall at 76K that PA has been below since March 2024 At the same time, we have the MACD heading to cross its Signal line, Bullish once crossed and the RSI is climbing, though slowly. There are plenty of other pointers that suggest a move higher is imminent. But we have NO guarantees, EVER.....But Boy oh Boy, am I ever stacking SATS right now. ( and that is not that crappy ALT coins called SATS ) Z-Score ( 2nd Image) The MVRV Z-score divides the difference between Market cap and realized market cap by the historic standard deviation of the market cap. Historically, this has been insanely accurate at detecting bitcoin tops and bottoms: A Z-Score above 7 means bitcoin is vastly overpriced and at a local top. A Z-Score below 0.1 means bitcoin is underpriced and at a local bottom Z score is the Lower green line and is currently at 1.57. We have SO Far to go and it may well be soon. And Fascinating how MVRV also seems to run well with Fibs !... We are about to witness some amazing price moves....I just hope they are positive.... Have safeguards in place, ALWAYS
Serious request to developers and Web page creators STOP BLOODY USING LIGHT BLUE TEXT ON A WHITE / CREAM BACKGROUND Just what makes you think that is easy to read ? BLACK TEXT ON WHITE / CREAM WORKS VERY VERY WELL THANK YOU
#Bitcoin Weekly Candle colours in October since 2019 2019 Week number 1 - Green 2 - Red 3 - Green 4 - Red 2020 1 - Green 2 - Green 3 - Green 4 - Green 2021 1 - Green 2 - Green 3 - Red 4 - Green 2022 1 - Green 2 - Red 3 - Green 4 - Green 2023 1 - Red 2 - Red 3 - Green 4 - Green 2024 1 - Red 2 - currently Red image
Sometimes, on "Social Media", it really is lke talking to yourself !
Anyone in the USa who thinks their Vote actually matters, REALLY should go and see about the Electoral Collage. It is THAT organisation that actuall places the president in power ....NOT the voters. ABA Legal Fact Check: Can the Electoral College be ... American Bar Association https://americanbar.org › youraba › october-2019 A. This spring, numerous candidates for president expressed support for either abolishing or changing the Electoral College, which ultimately picks the U.S President. IT IS NOT THE VOTERS And so, if the real power house behind the USa wants WAR, to earn money, they will put Harris in power and Not Trump It really is a pretence at democracy....
#Bitcoin Daily Despite the optimism in the weekly chart, there is a high % Chance of rejection today and possibly longer. As you shold all be aware by now, there is NEVER a guarantee with Crypto. But we really need to try and avoid dropping below 60K again. We di have support from the RSI and a possibly turning Bullish MACD All to play for today but, sadly as ever, We may have to wait for Data from the USa on 9, 10 &11 Oct...which takes us to the end of the Week FOMC minutes on Wed 9 Inflation data on Thursday 10 PPI amd stuff on Friday 11 image