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Epic Pennant on BTC Chart


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It looks like $20k ish is where the price has stabilized. Looks like we'll have more sideways action for a few more weeks at least while the bollinger bands tighten up. 

6 28 2022.png

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8 minutes ago, Zerpple said:

and here is where we see if 20k is actually the bottom. Fairly certain it isn't. I suspect we are on our way to around 15k before this stabilizes.

IIRC somewhere just under the $17k floor is when Micro Systems' stack needs to start liquidating - which could ignite a cascade dump perhaps ?

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7 minutes ago, JASCoder said:

IIRC somewhere just under the $17k floor is when Micro Systems' stack needs to start liquidating - which could ignite a cascade dump perhaps ?

In current world situation, noone is ready to buy BTC for 20k in near 2-3 years, so I bet for going back to 6k-10k, anyhow, one of the prejustice has been negated: BTC never drops below previous ATH

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Bitcoin is still hanging around the $20k range.  Bolliner Bands are squeezing in - the price might stay here for a while in 2020 the price basically stayed flat from April through the end of July.  

7 5 2022.png

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4 hours ago, Eric123 said:

Bitcoin is still hanging around the $20k range.  Bolliner Bands are squeezing in - the price might stay here for a while in 2020 the price basically stayed flat from April through the end of July.  

7 5 2022.png

Are you itentionally ignore flat price prior March 2020?

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On 5/12/2022 at 3:32 PM, Ripley said:

Terra's trouble is just getting started. People lost money, so while retail may shrug rekt, the regulators won't let go. In a few week/months, we'll likely see U.S. regulators go after Terra much harder. The fact that it is in S. Korea won't matter. The U.S. has extensive cooperation arrangements with major economies.

I hope there were no CEXs or CeFIs that promoted 20% APY by staking Luna. If they did, they are going to be sued as responsible for lost funds against unregistered securities. 

Source: South Korea and the U.S. agree to cooperate in Terra/Luna and other crypto fraud investigations

And it turned out that several CeFIs and CEXs were indeed exposed to this, either directly or indirectly through fraudulent VCs. 

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