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Attachments: Bitcoin (BTCUSD)
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Bitcoin (BTCUSD)

btc is currently below 26K, it could go lower than 25K next week. no good news for crypto
#BTCUSD / H4
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Quoting Konichiwhaat
{quote} Didn't get as low as I thought. Never the less, great value at $16,000. So, lets just let it ride now for another few years {image}
Steady steady
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Emotional Control. Process, not outcome.
Hello Hello im just passing here to post a little analysis for the week :

In weekly we are Bullish but no evidence of retracement yet.
After looking in H4 i noticed oneBullish Orderblock that can continue the movement above the 38 000 $.
But for a trade it's preferable to wait the week to find a setup near the Ob H4.
The price driving toward 41 000 $

Be safe and let's see how it's play out.
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Quoting Konichiwhaat
{quote} Steady steady {image}
Another level. Did not think it would actually follow my line this well
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Emotional Control. Process, not outcome.
Close the long for now, waiting for the next movement.
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Quoting Konichiwhaat
{quote} Another level. Did not think it would actually follow my line this well {image}

I see the next target 45750 next week

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Quoting emmanuel7788
{quote} I see the next target 45750 next week {image} {image} ...
I just read a really interesting article. If (like me) you like alternative investments like Bitcoin, Google Max Keizer and the God Candle, very interesting read released today
Emotional Control. Process, not outcome.
Quoting Konichiwhaat
{quote} I just read a really interesting article. If (like me) you like alternative investments like Bitcoin, Google Max Keizer and the God Candle, very interesting read released today
It is obvious that a lot of people appear to be ignoring the US battle against bitcoin. It will be interesting to see where this goes.
Quoting dantpm
{quote} It is obvious that a lot of people appear to be ignoring the US battle against bitcoin. It will be interesting to see where this goes.
Absolutely. But the when you look at the fundamentals of the whole thing, I know what side I'm on (and have been since the beginning of 2017 ) Do you own a piece of the Bitcoin pie Dan?
Emotional Control. Process, not outcome.
Quoting Konichiwhaat
{quote} Absolutely. But the when you look at the fundamentals of the whole thing, I know what side I'm on (and have been since the beginning of 2017 ) Do you own a piece of the Bitcoin pie Dan?
I have never been able to get my head around bitcoin. There are just too many unknowns. The number of coins authorized is known. No one knows how many coins are in circulation and actively available because of lost wallets and the like. This is a huge variable in valuing the 'asset'. I expect the US will start putting more pressure on more governments to ban crypto that is anonymous because of the ability to support criminal activities. One minute its there and the next its not.... If you bought it years ago, congrats. buying it today very speculative.
48500 (Fibo 61.8%) is my next target
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Quoting dantpm
{quote} I have never been able to get my head around bitcoin. There are just too many unknowns. The number of coins authorized is known. No one knows how many coins are in circulation and actively available because of lost wallets and the like. This is a huge variable in valuing the 'asset'. I expect the US will start putting more pressure on more governments to ban crypto that is anonymous because of the ability to support criminal activities. One minute its there and the next its not.... If you bought it years ago, congrats. buying it today very...
Yeah definitely do some research, it's an interesting thing. China tried to "ban" it... The miners just packed up and moved to the US! Now it's the country with the most miners! If they ban it, it will just move again, like water finding the path of least resistance. For me, it's just another "thing". Great risk to reward. Actually, I sold my initial investment at the very end of 2018 with a 36% gain. Now it's just, meh, either my retirement fund or nothing. Also, it reacts great to traditional S&R. I bought my wife some Bitcoin for Christmas last year in December as it just tapped that 2018 high... She's already up over 150%. Get into Dan, I really believe it's just the beginning
Emotional Control. Process, not outcome.
Quoting Konichiwhaat
{quote} Yeah definitely do some research, it's an interesting thing. China tried to "ban" it... The miners just packed up and moved to the US! Now it's the country with the most miners! If they ban it, it will just move again, like water finding the path of least resistance. For me, it's just another "thing". Great risk to reward. Actually, I sold my initial investment at the very end of 2018 with a 36% gain. Now it's just, meh, either my retirement fund or nothing. Also, it reacts great to traditional S&R. I bought...
I believe in starting by stepping back. China bans bitcoin. What part of the planet is China influencing these days? The US is starting a war against bitcoin. What part of the planet does the US influence? What is left and how long will it be left? Not sold yet.
Quoting dantpm
{quote} I believe in starting by stepping back. China bans bitcoin. What part of the planet is China influencing these days? The US is starting a war against bitcoin. What part of the planet does the US influence? What is left and how long will it be left? Not sold yet.
...What part of the planet is China influencing? ...and what part of the world is the US influencing? Genuinely interested in your answer
Emotional Control. Process, not outcome.
Quoting Konichiwhaat
{quote} ...What part of the planet is China influencing? ...and what part of the world is the US influencing? Genuinely interested in your answer
China has heavy econimic influence in Iran, south east Asia, the pacific islands outside of Australia and New Zealand and a growing part of Africa.
The US economic influence is primarily in the middle east (except Iran) , Europe and North America.
Quoting dantpm
{quote} China has heavy econimic influence in Iran, south east Asia, the pacific islands outside of Australia and New Zealand and a growing part of Africa. The US economic influence is primarily in the middle east (except Iran) , Europe and North America.
A Classic western good v bad view. Remember you are referring to an America in it's invaded state, not it's original peoples view. Empires crumble eventually. Best you start learning Chinese my friend! Anyways, buy some Bitcoin, even if it's just a little bit. It's a pretty good bet, especially with nearly every country in debt... and really think about that... In debt to who!? It's so fucked. If I was to owe my bank money, I'd be charged for that. For governments, well, seems not.
Emotional Control. Process, not outcome.
Quoting Konichiwhaat
{quote} A Classic western good v bad view. Remember you are referring to an America in it's invaded state, not it's original peoples view. Empires crumble eventually. Best you start learning Chinese my friend! Anyways, buy some Bitcoin, even if it's just a little bit. It's a pretty good bet, especially with nearly every country in debt... and really think about that... In debt to who!? It's so fucked. If I was to owe my bank money, I'd be charged for that. For governments, well, seems not.
Capitalism is surviving in a 'house of cards' right now. Our economic systems exists on the belief of the continuation and relative strength of various governments/economies. That is almost as scary as believing in bitcoin.
Quoting dantpm
{quote} Capitalism is surviving in a 'house of cards' right now. Our economic systems exists on the belief of the continuation and relative strength of various governments/economies. That is almost as scary as believing in bitcoin.
Not when you understand what Bitcoin really is... hard money
Emotional Control. Process, not outcome.
Quoting Konichiwhaat
{quote} Not when you understand what Bitcoin really is... hard money
all it will take is to unplug the internet and its worthless you know like in a electromagnetic blast
Kamala/Walz pulling away for the win
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