Author Topic: Bitcoins - about to hit $5,000 per coin today! (Read 1130508 times)

Bindare_Dundat · « **Reply #6875 on:** May 23, 2021, 05:08:38 PM »

Quote from: Pray_4_War on May 23, 2021, 04:49:15 PM

I still have limit orders in for 22K in case we get a further dump. Looking forward to seeing how this plays out over the next few weeks.

I would be absolutely shocked if it got to that price. I've been longing since 32177.

Cardano almost up 15%

Pray_4_War · « **Reply #6876 on:** May 23, 2021, 05:14:30 PM »

Quote from: Bindare_Dundat on May 23, 2021, 05:08:38 PM

I would be absolutely shocked if it got to that price. I've been longing since 32177.

Cardano almost up 15%

I'd be happy if it got to 30K again.

Royalty · « **Reply #6877 on:** May 23, 2021, 05:29:23 PM »

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gib · « **Reply #6878 on:** May 23, 2021, 05:30:45 PM »

Quote from: Pray_4_War on May 23, 2021, 05:14:30 PM

I'd be happy if it got to 30K again.

i would love to see it fall more - will start topping up more below 20K (if it ever gets there).

gib · « **Reply #6879 on:** May 23, 2021, 05:34:11 PM »

I would urge all to not be selfish and buy alts. That's what caused this mess. If we all stick to the universal truth of BTC, we all collectively benefit.

Bindare_Dundat · « **Reply #6880 on:** May 23, 2021, 05:35:28 PM »

Quote from: Pray_4_War on May 23, 2021, 05:14:30 PM

I'd be happy if it got to 30K again.

Did you buy the last drop?

Bindare_Dundat · « **Reply #6881 on:** May 23, 2021, 05:36:01 PM »

Quote from: gib on May 23, 2021, 05:34:11 PM

I would urge all to not be selfish and buy alts. That's what caused this mess. If we all stick to the universal truth of BTC, we all collectively benefit.

no it wasnt dude. lol

Pray_4_War · « **Reply #6882 on:** May 23, 2021, 06:14:19 PM »

Quote from: Bindare_Dundat on May 23, 2021, 05:35:28 PM

Did you buy the last drop?

Yeah, but I didn't get it at the bottom when it wicked just under 30K.

LurkerNoMore · « **Reply #6883 on:** May 23, 2021, 06:45:47 PM »

Saw this today. What is everyone's opinon on it? Will it take off? Affect bitcoin and the others?

---
America may develop its own digital currency. Read on to learn more about the Federal Reserve's announcement on a digital dollar.

Federal Reserve Chair Jerome Powell announced yesterday that the Fed is exploring the creation of a U.S. digital dollar. This would essentially be a cryptocurrency controlled by the central bank.

obsidian · « **Reply #6884 on:** May 23, 2021, 06:47:35 PM »

Pray_4_War · « **Reply #6885 on:** May 23, 2021, 06:59:45 PM »

Quote from: LurkerNoMore on May 23, 2021, 06:45:47 PM

Saw this today. What is everyone's opinon on it? Will it take off? Affect bitcoin and the others?

---
America may develop its own digital currency. Read on to learn more about the Federal Reserve's announcement on a digital dollar.

Federal Reserve Chair Jerome Powell announced yesterday that the Fed is exploring the creation of a U.S. digital dollar. This would essentially be a cryptocurrency controlled by the central bank.

I don't know what the market is going to do but in my opinion the government creating it's own cryptocurrency is another reason why we need Bitcoin.

Everything the government does is intended to vacuum money and power from us and give it to them.

obsidian · « **Reply #6886 on:** May 23, 2021, 07:00:40 PM »

Quote from: Pray_4_War on May 23, 2021, 06:59:45 PM

I don't know what the market is going to do but in my opinion the government creating it's own cryptocurrency is another reason why we need Bitcoin.

Everything the government does is intended to vacuum money and power from us and give it to them.

Yes I agree. The government should be taken down a notch. It needs a 99.999% correction.

obsidian · « **Reply #6887 on:** May 23, 2021, 07:03:15 PM »

Mayday · « **Reply #6888 on:** May 23, 2021, 09:34:46 PM »

Quote from: Pray_4_War on May 23, 2021, 03:51:22 PM

What about the weekly close (today) under the 20 week EMA? Most people saying that this confirms the bear market.

It means we are going down but doesn’t yet mean it’s a full bear market (as in let’s wait 3 more years for another shot).

All these ‘buy the dips’ are going to become a daily close. Shortly a 30k buy will be an easy market fill order you can place anytime. You should look towards 23k IMO for a proper wick dip.

gib · « **Reply #6889 on:** May 23, 2021, 10:06:17 PM »

Quote from: Pray_4_War on May 23, 2021, 06:59:45 PM

I don't know what the market is going to do but in my opinion the government creating it's own cryptocurrency is another reason why we need Bitcoin.

Everything the government does is intended to vacuum money and power from us and give it to them.

Agree. A government coin will be a huge driver for BTC.

SOMEPARTS · « **Reply #6890 on:** May 23, 2021, 10:07:03 PM »

Quote from: obsidian on May 23, 2021, 07:00:40 PM

Yes I agree. The government should be taken down a notch. It needs a 99.999% correction.

Haha...yeah. That's what crypto was supposed to do. You think the govts that go to war for SWIFT will just let other cryptos exist?

Anybody up for game of catch a falling knife?

Bindare_Dundat · « **Reply #6891 on:** May 24, 2021, 01:40:37 AM »

Quote from: Mayday on May 23, 2021, 09:34:46 PM

It means we are going down but doesn’t yet mean it’s a full bear market (as in let’s wait 3 more years for another shot).

All these ‘buy the dips’ are going to become a daily close. Shortly a 30k buy will be an easy market fill order you can place anytime. You should look towards 23k IMO for a proper wick dip.

23? Really? Is this based partially on your comparisons to a previous cycle in the prior post?
I dont think well see it , but should it happen id go on one hell of buying spree. We could retest a lower support area like 32k area but 23 seems all too low.

Mayday · « **Reply #6892 on:** May 24, 2021, 01:50:41 AM »

Quote from: Bindare_Dundat on May 24, 2021, 01:40:37 AM

23? Really? Is this based partially on your comparisons itona previous cycle n the prior post?
I dont think well see it , but should it happen id go on one hell of buying spree. We could retest a lower support area like 32k area but 23 seems all too low.

my track record for pullbacks is better than my peaks LMAO <face palm>

A 53% decline gives a 30.3k close.

The initial wick hit 30k which supports the above pullback figure. We have seen in history initial wicks proving to be indicative of future daily closes. Not in every case but in big pullbacks it is a trend.

The Fib level below 30k is approx 23.8k which means a savage wick could look to that territory.

Before a rally we have seen savage 1 day dips followed by 1 day rally and then up.

Seasonality is still in play for Alts regardless of what people say.

My initial estimate for June was BTC 38k and ETH 5K and then I told myself I was full of shit and I went full retard. Well, seems like I was into something lol.

Bindare_Dundat · « **Reply #6893 on:** May 24, 2021, 02:09:45 AM »

Quote from: Mayday on May 24, 2021, 01:50:41 AM

my track record for pullbacks is better than my peaks LMAO <face palm>

A 53% decline gives a 30.3k close.

The initial wick hit 30k which supports the above pullback figure. We have seen in history initial wicks proving to be indicative of future daily closes. Not in every case but in big pullbacks it is a trend.

The Fib level below 30k is approx 23.8k which means a savage wick could look to that territory.

Before a rally we have seen savage 1 day dips followed by 1 day rally and then up.

Seasonality is still in play for Alts regardless of what people say.

My initial estimate for June was BTC 38k and ETH 5K and then I told myself I was full of shit and I went full retard. Well, seems like I was into something lol.

I always look forward to hearing what you expect next. I wouldn't mind another opportunity to trade this back down or up. These latest ones ended up being very profitable.

I know its been a crazy few days but have you had a chance to do any back testing with those scripts?

Flexacon · « **Reply #6894 on:** May 24, 2021, 02:21:38 AM »

Who remembers Zucks post not long before a dip and subsequent crash. Everyone thought it was bullish, but he must have known and was trolling.

Mayday · « **Reply #6895 on:** May 24, 2021, 03:04:53 AM »

Quote from: Flexacon on May 24, 2021, 02:21:38 AM

Who remembers Zucks post not long before a dip and subsequent crash. Everyone thought it was bullish, but he must have known and was trolling.

People are trying to make his post fit after the fact.

Peak BtC price was 14th April.

So no, Zuckerberg was a month late LOL.

Quote from: Bindare_Dundat on May 24, 2021, 02:09:45 AM

I always look forward to hearing what you expect next. I wouldn't mind another opportunity to trade this back down or up. These latest ones ended up being very profitable.

I know its been a crazy few days but have you had a chance to do any back testing with those scripts?

Not yet, I’ve had a busy 2 weeks. Got a meeting with a CFO tomorrow which I’m looking forward to.

In a nutshell the weekly money flow is showing green meaning price action long term is still in play. However The momentum has just about to dip so expect weeks in a downward price trend. To me nothing says we are going up in the short term.

Bindare_Dundat · « **Reply #6896 on:** May 24, 2021, 04:35:15 AM »

Quote from: Mayday on May 24, 2021, 03:04:53 AM

People are trying to make his post fit after the fact.

Peak BtC price was 14th April.

So no, Zuckerberg was a month late LOL.

Not yet, I’ve had a busy 2 weeks. Got a meeting with a CFO tomorrow which I’m looking forward to.

In a nutshell the weekly money flow is showing green meaning price action long term is still in play. However The momentum has just about to dip so expect weeks in a downward price trend. To me nothing says we are going up in the short term.

Weekly looks to me like vwap is actually starting to curve upwards, indicating continues uptrend. Stochastic is scrapping the bottom and looks like its ready to shoot up and rsi is also heading into oversold territory. Looks pretty bullish but like you said, that could change depending on short term movement.

Just don't see us going to a lower low in the short term.

38k40k area, retest 32k-34k area at worst.

Man I'd love to make another long trade like the current one again.

Flexacon · « **Reply #6897 on:** May 24, 2021, 04:36:37 AM »

Quote from: Mayday on May 24, 2021, 03:04:53 AM

People are trying to make his post fit after the fact.

Peak BtC price was 14th April.

So no, Zuckerberg was a month late LOL.

He posted on the 10th of May. BTC had been steadily climbing and hit 59K. Dropped 10k in 48 hours after that as hasn't stopped bleeding. You don't need to make it fit. It fits!

gib · « **Reply #6898 on:** May 24, 2021, 04:41:26 AM »

Zuck is a smart guy. He knows about long term investment and network effects. The fact that he went Max Bitcoin is a very positive signal. I wonder how much he got. I would suspect he and FB exects are accumulating, then FB treasury announces a holding, and then they enable transactions via FB. Much easier to implement than Libra, and can make huge money on trading commissions.

Bindare_Dundat · « **Reply #6899 on:** May 24, 2021, 04:55:33 AM »

General public needs to stop sucking off the billionaires. They are all cancer when is comes to this stuff. When we put so much value on what they say and do with bitcoin, we give them power to influence its action, ala Elon Muskrat. We are better off if we just ignore them and tell.others to do the same.

Looking for clues in their tweets is like looking for trading signals in tea leavees.