Get ready for an explosion in price. Shorts are at an all time high. This short squeeze could lead to the largest single day gain in BTC history.
Of course the flipside could be a massive drop if no squeeze happens.
Either way, we are going to see massive price movement very soon.
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Bitcoin to 500k by 2030
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Originally posted by chuckz28 View PostStrawman
https://qz.com/1364657/bitcoins-ener...-as-you-think/
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Originally posted by chuckz28 View PostBitcoin's Annual Carbon Footprint Is Equal to One Million Transatlantic Flights
https://jalopnik.com/bitcoins-annual...lio-1828460235
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Bitcoin's Annual Carbon Footprint Is Equal to One Million Transatlantic Flights
https://jalopnik.com/bitcoins-annual...lio-1828460235
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The answer long term is massive growth. Look at prices 18 months ago. Then look at prices 18 months before that. The growth has been absolutely parabolic. From pennies to thousands of dollars. Now we have the NYSE getting involved. Don't let the 8 month bear market fool you. 20k all time high will soon be a joke number.
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if you look at a larger time frame you will notice that it paints a very different picture. Every time bitcoin goes up a couple hundred dollars people are losing their minds thinking that they are missing out. But if you look at it from a different or better said a larger time frame you will notice that she has been in the same range for over a week. Nothing has really changed. We still have not broken through the 100 EMA. The 100MA barely touched the wick of the surge that we had 30 minutes ago. The nine EMA finally is starting to move under the price action after three days of it pushing it down. Are we going up or down? That answer no one really knows but the probability is in the favor of the Bears. It could very well go up to the 100 EMA or even 200 EMA before coming back down.
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Originally posted by boricuarage79 View PostShow me the chart and i show u mines. Its 6500
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Originally posted by Bouncer View PostBy the way. The resistance line is 6600 not 6500. We've not broken it. We were well above 6500 2 days ago.
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By the way. The resistance line is 6600 not 6500. We've not broken it. We were well above 6500 2 days ago.
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Originally posted by Bouncer View PostThe spike happened at 5 am in Asia. Nothing to do with them. 7am and after I'd take your point but if your wrong I'll point it out. If you don't like it tough shit.
Likewise if I post something wrong and you correct it I'm not gonna act like a little pussy. :)
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Originally posted by boricuarage79 View PostYou do realize it's monday in asia.
You can be an ass or smartass on other threads, but when I am taking shit serious and posting charts on here. I suggest you take me serious.
Otherwise i ain't posting shit anymore on this thread
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Likewise if I post something wrong and you correct it I'm not gonna act like a little pussy. :)
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Originally posted by Bouncer View PostIt's a Sunday dipshit. It's bot trading.
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You can be an ass or smartass on other threads, but when I am taking shit serious and posting charts on here. I suggest you take me serious.
Otherwise i ain't posting shit anymore on this thread
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