Bitcoin Continues To Trade In A Channel Pattern | Crypto Craft

  • Bitcoin Continues To Trade In A Channel Pattern

    From forbes.com

    One month ago, I showed how Bitcoin had been trading in a channel pattern as it lost nearly half its value since hitting a high of approximately $14,000 in June. Since then, the cryptocurrency has traded aimlessly as holiday trading volumes remained light. If Bitcoin can stage a convincing, high-volume breakout above this channel in 2020, further gains are likely. If Bitcoin breaks decisively below its $6,000 support level, however, it is likely to test its late-2018/early-2019 lows. The weekly chart makes it easier to visualize Bitcoin’s $6,000 support level and the channel pattern that has formed since June. ... (full story)

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TudorIoan
Dec 31, 2019 2:45pm
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If the cost to produce a bitcoin is $5500 and the price of a bitcoin is $5500, that means DEAD, nobody-kpmg dumbo!
Technically 1B = 0$
(money itself has no value, money is unit of measure of economic activity)

Oh, I forgot about that, one single bitcoin transaction requires the amount of electricity needed to power up 1.57 American households per day.

Oh, btw, your kid will pay a tax when he will buy shoes exchanging bitshitcoin for real dollars ...if your wallet under mattress will ever worth anything after the next halving fake bull spike and final crash.
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Not-KPMG
Jan 1, 2020 7:41am
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I smell losers 😱😉😉😉😉
!!

Wasn't bitcoin dead at 24 dollars???? 😱

Didn't bitcoin die 400 times????

Errrr????

Good credibility 👍👍😂😂😂😂

90 thousands time increase. Ten years

I'm OK to be part of

👏👏👍
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TudorIoan
Jan 1, 2020 12:46pm
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Quoting Not-KPMG
I smell smart people than me!! Good credibility 90 thousands time increase. Ten years I'm OK to be part of this shit !
90, 90, 90, batman, batman, batman, obsessed monkey
It's only mining equipment expansion, miners sell bitcoin for real dollars to foot electric power bills and harware...
In real terms, bitcoin is actually cheaper than gold
It's $5500 to produce one bitcoin ...and only $0.05 to produce one dollar bill
When the price of bitcoin will fall down to $5500.05, then 1BTC=$1
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Not-KPMG
Dec 31, 2019 12:59pm
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Ohhhh Forpos liars haven't said Bitcoin is dead this week. 😱😂😂😂😂

Are u OK????
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TudorIoan
Dec 31, 2019 2:49pm
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Now where is your logarithmic chart, Not-Kgumbo, I need a good joke for my friends at midnight
...or, ...9000000% and rising?!?!
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Not-KPMG
Jan 1, 2020 8:02am
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This.

a link to all liars and crybaby losers

https://www.cryptocraft.com/showthread.php?p=12683166#post12683166

Smart people welcome!
Reply
TudorIoan
Jan 1, 2020 12:30pm
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Yeah, 90 thou... Pathetic predictible Nobody-kpmaggot monkey !
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