Bitcoin Thread

saor

saor

Honorary Master
Joined
Feb 3, 2012
Messages
34,263
John Tempus said:
Wont surprise me if we somehow end up seeing a reverse BART spawning from this cookshow.

Something bout the part up then semi sideways then sharp down makes me think we might see the drop complete by filling up the right side of a new BART head.
Click to expand...
Yeah, maybe a pullback to $9500 - $10k.
 
J

John Tempus

Executive Member
Joined
Aug 8, 2017
Messages
6,121
saor said:
Yeah, maybe a pullback to $9500 - $10k.
Click to expand...

Nah , I mean.. The BART up to 12500 got completed back down to around 12k and it almost looks like the downwards BART from 12k to 11.6k completed and is now busy forming the right side upwards cheek which means this mind pump back above 12k sometime later today.
 
HunterNW

HunterNW

Honorary Master
Joined
Oct 21, 2014
Messages
26,296
I'm stupid, but, are you comparing the chart to Bart simpsons face ?? Is that a thing ?
 
saor

saor

Honorary Master
Joined
Feb 3, 2012
Messages
34,263
John Tempus said:
Nah , I mean.. The BART up to 12500 got completed back down to around 12k and it almost looks like the downwards BART from 12k to 11.6k completed and is now busy forming the right side upwards cheek which means this mind pump back above 12k sometime later today.
Click to expand...
Ah.
Ja I was thinking more along the lines of testing that price again - it's been a point of contention for a while now so almost expect it to pull back and see if if holds there. Charting farting.

fatt.png
 
J

John Tempus

Executive Member
Joined
Aug 8, 2017
Messages
6,121
HunterNW said:
I'm stupid, but, are you comparing the chart to Bart simpsons face ?? Is that a thing ?
Click to expand...

Its a crypto phenomenon.

Not to be taken as serious TA but with big swings the BART formations become quite common from PUMP->SIDEWAYS->DUMP which would be upright BART and then usually a semi sideways minimal up/down then DUMP->SIDEWAYS->PUMP with inverted BART formation.

Keep in mind this is mostly applicable for low time trading anything under 1HR time frames but more so below 10M time frames.
 
S

Superman-7

Senior Member
Joined
Jul 29, 2018
Messages
632
John Tempus said:
Its a crypto phenomenon.

Not to be taken as serious TA but with big swings the BART formations become quite common from PUMP->SIDEWAYS->DUMP which would be upright BART and then usually a semi sideways minimal up/down then DUMP->SIDEWAYS->PUMP with inverted BART formation.

Keep in mind this is mostly applicable for low time trading anything under 1HR time frames but more so below 10M time frames.
Click to expand...

Btc PA has been cancerous lately. Darth mauls, barts and general skulduggery. Haven't been trading it as much lately as it's too unpredictable at times, even for scalping.
 
S

Superman-7

Senior Member
Joined
Jul 29, 2018
Messages
632
Swa said:
I'm not certain when that will be. 2017 everyone was talking about it and everybody wanted to have a miner.
Click to expand...

I'm seeing a lot of respectable traders saying the 'new cycle' has only just started. What bothers me is the ridiculous V-shaped recovery across markets since March. It's so unnatural that I can't help but think it's coming back down again, sharply, and taking everything with it. Hard to tell unfortunately, markets are a manipulated lie.
 
J

John Tempus

Executive Member
Joined
Aug 8, 2017
Messages
6,121
Superman-7 said:
I'm seeing a lot of respectable traders saying the 'new cycle' has only just started. What bothers me is the ridiculous V-shaped recovery across markets since March. It's so unnatural that I can't help but think it's coming back down again, sharply, and taking everything with it. Hard to tell unfortunately, markets are a manipulated lie.
Click to expand...

The unnatural part is the DeFi crap stinking up the ecosystem. I still feel that we wont see the real bull run strength that is sustainable return until after DeFi implodes.

Look at the yearn.finance coin, nearly higher in value than actual BTC with daily 50% pumps. Just a few days ago it was trading at under $200 and now its just over $11000. Yearn.Finance is also started by some South African guy which just reminds me so much of the South African Minero fking fluffypony idiot and his idiot project.
 
J

John Tempus

Executive Member
Joined
Aug 8, 2017
Messages
6,121
Snyper564 said:
drop happening not much as yet but its picking up speed
Click to expand...

About that yearn.finance token now topping BTC price and still going.

From sub $200 to over $14k in less than 2 weeks, definitely not going to crash and burn at any point right ?
 
Snyper564

Snyper564

Honorary Master
Joined
Oct 1, 2008
Messages
15,343
John Tempus said:
About that yearn.finance token now topping BTC price and still going.

From sub $200 to over $14k in less than 2 weeks, definitely not going to crash and burn at any point right ?
Click to expand...
Yeah and that was supposed to be totally valueless haha these ppl that don't even understand this space pumping it
 
You must log in or register to reply here.
Top