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Bitcoin technical analysis

  • #9,081
  • Mar 16, 2021 7:04am Mar 16, 2021 7:04am
Quoting TaoTrader
{quote} I'm with you on this. It's amazing how much resistance there is to change.

Have you ever heard this saying: "All truth passes through three stages,” said Arthur Schopenhauer. “First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.” Bitcoin is currently going through these stages......

Very true.

People as a majority are a herd of cows.
No offence to cows!!!!! Cows can think independently.


The Sheeple???? Truth is on.... Twatter


So it takes a looooooooong time to move people's mind.




I mean look at science - there are still million dumbos out there who say Earth is flat.....



There's a moron right here that says Bitcoin is not real...
The Hootch



But....
Last days I cashed one bitcoin. My bank said it's real



So will take bit of time to get on-boarding.
Beware of robber banks (RB), bad advisors.
  • #9,082
  • Mar 16, 2021 7:09am Mar 16, 2021 7:09am
So....

That's why Sheeple wait for some guy, maybe Trump maybe Musk to follow.


And that's why Sheeple can't think.

Attached Image



And that's why buying bitcoin cheap, be it 500 dollaaa or 55'000 is a smart move.

Sheeple will come buying at 100'000 or 200k .


No worries. Evolution is so slow.

Look at the change from B&W TV to color TV.
Took ages.


Sooooo


We can wait few years for 0.5 million dollaaa Bitcoin right??
Beware of robber banks (RB), bad advisors.
  • #9,083
  • Mar 16, 2021 7:12am Mar 16, 2021 7:12am
That'll be my penultimate post for a while.




See ya all dummoos , shills, shorters and holders and smarts at 75000.

My next take profit.


Then 90000.



Leaving you with the picture of the best Bitcoin supporter...


Attached Image




Any and all govamaaant
Beware of robber banks (RB), bad advisors.
  • #9,084
  • Mar 16, 2021 7:44am Mar 16, 2021 7:44am
Quoting Not-KPMG
{quote} Very true. People as a majority are a herd of cows. No offence to cows!!!!! Cows can think independently. The Sheeple???? Truth is on.... Twatter So it takes a looooooooong time to move people's mind. I mean look at science - there are still million dumbos out there who say Earth is flat..... There's a moron right here that says Bitcoin is not real... The Hootch ...

Yeah I saw that post. It just means the person doesn't know much about bitcoin. It's not even worth commenting on when someone posts like that. Ignorance remains ignorance until the person educates themselves.

Yes it's completely real, otherwise it would not exist. It's that simple. How can you use something as a monetary form of exchange if it doesn't exist . But I think he means in a traditional sense it's not real.

But like I've been trying to explain to everyone here, Bitcoin is not a traditional asset, so statements like the one you mentioned are just ignorance. I read them and move on.....
  • #9,085
  • Mar 16, 2021 1:35pm Mar 16, 2021 1:35pm
Quoting Not-KPMG
Nice to see a smart post for a change.
Wow I'm impressed. I never thought that I would ever see you make a post that was not idiotic on this thread or anywhere else.
  • #9,086
  • Mar 16, 2021 2:51pm Mar 16, 2021 2:51pm
And my final post for near future.... Yeah you won't see me loooong time... .


Until bitcoin hits 75k..... Maybe tomorrow




Hootch the big dummo..... Bet he cries again.

Here's tribute to all bubumbos that won't understand Bitcoin


Had a lot of fun



Quoting Hutch
{dumm quote .. ..Blaaaaa... my fake gold bars.

If you cannot hold your coins in your hands they don't exist.

By the way I have never seen anyone holding the electrons and protons of Bitcoin ... country?

Hello shmoo Hootch and others.... Cry more???


Sooo
You can't hold something..... Makes it NOT REAL?
I did not know


Did you hold the internet ?
Ohhhhh internet is not real, gotcha


Did you hold "peace"
Ohhhh PEACE is not real..... ... gotcha.


Did you hold "dumb"????
Yes



Quoting silver04
{quote blaaaaaa... that is what makes it dangerous. It does not exist physically which makes it not have real value. Like you said.... s. That's crazy.
Yoo
Dumbula

I farted.....
But FARTS aren't real right???
Blaaaaa bla not exist???

Right?? Crazy ehh??
Thank you braniac
Beware of robber banks (RB), bad advisors.
  • #9,087
  • Mar 16, 2021 4:19pm Mar 16, 2021 4:19pm
Bitcoin went down $439 today with an average ATR of 3,741 so we can call it break even.
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  • #9,088
  • Mar 17, 2021 7:13am Mar 17, 2021 7:13am
FPA's current technical analysis:

Inserted Video
  • #9,089
  • Mar 17, 2021 11:37am Mar 17, 2021 11:37am
btc has a response to fibonation values
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  • #9,090
  • Mar 17, 2021 4:22pm Mar 17, 2021 4:22pm
Bitcoin did better today going up $1,436 with with a larger than average ATR of 4,223 indicating more trading interest.
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  • #9,091
  • Mar 18, 2021 4:50am Mar 18, 2021 4:50am
I'm waiting for a pullback to 38.2
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  • #9,092
  • Mar 18, 2021 4:38pm Mar 18, 2021 4:38pm
Bitcoin went down $349 today with an average ATR of 3,128. That was another break even day.
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  • #9,093
  • Edited 1:06am Mar 19, 2021 12:54am | Edited 1:06am
Friday and Saturdays are BTC long days detected over the last 60 days. Longs should start around 6.30 am GMT. BTC is still very much on a bull run. Im expecting 100k this year, Should test 60k again soon today and a break will push to 63500 for this cycle.
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  • #9,094
  • Mar 19, 2021 5:02pm Mar 19, 2021 5:02pm
Bitcoin went up $949 today with an average ATR of 3,193 but it lost $1,226 for the week.
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  • #9,095
  • Edited 2:26pm Mar 20, 2021 2:08pm | Edited 2:26pm
Hi, so I've been looking at Bitcoin for a while now today and a situation has developed. There's this giant Bull pennant pattern on 4hr and daily timeframes
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For reference:
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So looking at the anatomy of the top trendline in the lower timeframes, I can make out out that's there's pressure exerting on it and price fake outs frequently.
I think its going to burst up, the move could gain confidence if it crosses above resistance level 60120.x
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  • #9,096
  • Mar 20, 2021 4:04pm Mar 20, 2021 4:04pm
Bitcoin went down $175 today. Another breaking even day.
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  • #9,097
  • Mar 21, 2021 5:17am Mar 21, 2021 5:17am
my analysis.
for the rest of today, the price will continue to fall.
but I expect an increase tomorrow.
  • #9,098
  • Mar 21, 2021 6:03am Mar 21, 2021 6:03am
Quoting tiborf71
my analysis. for the rest of today, the price will continue to fall. but I expect an increase tomorrow.
sorry hoy I wrote it wrong.
spelled correctly sounds like this.
I expect a rise after tomorrow.
  • #9,099
  • Mar 21, 2021 6:51am Mar 21, 2021 6:51am
Quoting Amin1422
Hi, so I've been looking at Bitcoin for a while now today and a situation has developed. There's this giant Bull pennant pattern on 4hr and daily timeframes {image}For reference: {image} So looking at the anatomy of the top trendline in the lower timeframes, I can make out out that's there's pressure exerting on it and price fake outs frequently. I think its going to burst up, the move could gain confidence if it crosses above resistance level 60120.x{image}
Turns out it was the complete opposite
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The pattern was actually a bearish pennant:
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  • #9,100
  • Mar 21, 2021 4:29pm Mar 21, 2021 4:29pm
Bitcoin went down $625 today but I have no clue about these small moves compared with a few weeks ago.
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