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Epic Pennant on BTC Chart


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3 hours ago, Nat99 said:

I added up on MINA this morning at around $1.80, nothing crazy in terms of fiat amounts and about a 3.5% increase of my stack, but yes. Looked too tempting. Also, yesterday I asked my girlfriend if I should buy the dip. She said "at some point it always goes up again." I started listening to her. She told me to sell BTC at $58k. Didn't listen of course. "See, you could've bought again now" she said to me after the price collapsed. Sometimes people outside of finance are just better at feeling the market. She's a nurse, I'm a product specialist in investment funds and complex financing. Clearly, she's the better trader...

Nice TA bruh! 🤣

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16 hours ago, Nat99 said:

I added up on MINA this morning at around $1.80, nothing crazy in terms of fiat amounts and about a 3.5% increase of my stack, but yes. Looked too tempting. Also, yesterday I asked my girlfriend if I should buy the dip. She said "at some point it always goes up again." I started listening to her. She told me to sell BTC at $58k. Didn't listen of course. "See, you could've bought again now" she said to me after the price collapsed. Sometimes people outside of finance are just better at feeling the market. She's a nurse, I'm a product specialist in investment funds and complex financing. Clearly, she's the better trader...

Nurses can feel the pulse of the market... :-)

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Bitcoin's price is still stuck in the same pattern but on the positive side  - hashrate has been over 200 E/hs for 2 weeks straight.

 

On 5/2/2022 at 2:55 PM, Nat99 said:

Clearly, she's the better trader...

But did she do it for herself?  I find trading is harder when it's your own money.

5 4 2022.png

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I have been stacking up big last couple of months and have just gone all-in on this latest dip. 
 

These are uncertain times and the correction we have been living through has been intense, especially for many altcoins. But the lower the prices go, the more salty the people get and often the best moment to buy. 

TA-wise we are on a very important crossroad. We are still holding higher lows while bullish macro-picture remains intact. But it is very close to breaking down, as we are on final support right now. That’s why I’ve been buying as much as I can right now, I love to buy support(or sell heavy resistance). 

But that is not a formula to success, crypto could very well crumble when it loses support and my buys will look silly. At the other hand, if we do hold support, I will have bought the entire bottom region when most missed out. 

I remain confident we will see one final melt-up in prices before an immense collapse(1929-like proportions) but that we are not there yet. I think crypto and the stock market has at least 6-12 months before the final top. I could be wrong and apocalypse could be here already, but as long as we haven’t broken key market structure, I remain bullish. 
 

Good luck bears and bulls and I hope most of us will be able to profit either way. My bets are placed, big time. 
 

 

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2 hours ago, Plikk said:

I remain confident we will see one final melt-up in prices before an immense collapse(1929-like proportions) but that we are not there yet. I think crypto and the stock market has at least 6-12 months before the final top. I could be wrong and apocalypse could be here already, but as long as we haven’t broken key market structure, I remain bullish

So after ya last post, you prolonged cycle for another yet 0.5 - 1 year....

And you did not explain, what should happen to break support, any numbers? Lines? Triangles?

 

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2 hours ago, xrp_is_love_xrp_is_life said:

There is not enough yet. People still have hope. Waiting for capitulation.

We are in the extreme fear, based on the greed fear index :(

 

Crypto Fear And Greed Index - UPDATED DAILY (cryptofeargreed.com)

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2 hours ago, dtpace said:

We are in the extreme fear, based on the greed fear index :(

 

Crypto Fear And Greed Index - UPDATED DAILY (cryptofeargreed.com)

- There isn't any fresh money coming into crypto now (Street money).

- fed increased interest rates so people will move out of crypto because it is risky investment, usd will be the king

We are either in anxiety stage or denial right now. Waiting for capitulation, this is when we will see the biggest drops.

0_-dSZNgFTQT5TuPx3.jpeg

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After yesterday's drop, Bitcoin's price is nearing the low end of the range it has been in since the beginning of the year.   Hashrate streak above 200 E/hs has continued since 4/20.  I wish I had ready cash to buy more.  I liked XRP below .70 I like it more below .60.  

5 6 2022.png

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