Bitcoin Thread

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SaiyanZ said:
So far so good. Some weird volatility there though in the last few minutes. Something is brewing.

J3rQ6Yk0
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bulls are fighting the cross --> X

ist reached a point where it can go either way at this point so no trades at the moment.
 
*SynergyX* said:
bulls are fighting the cross --> X

ist reached a point where it can go either way at this point so no trades at the moment.
Click to expand...

Touch and go now. Seems like it's still on the support for now so could still bounce and hit $9300 by midnight. My support line could be a few dollars off because I drew it a while back and it's coming down from a point starting over 4 days ago.

HkcdAUHD
 
SaiyanZ said:
Touch and go now. Seems like it's still on the support for now so could still bounce and hit $9300 by midnight. My support line could be a few dollars off because I drew it a while back and it's coming down from a point starting over 4 days ago.
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That recent history of breaking uptrends...
Not sure what we're going to wake up to tomorrow.

eLGqtSS.png
 
saor said:
That recent history of breaking uptrends...
Not sure what we're going to wake up to tomorrow.

eLGqtSS.png
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It broke out of that 4 day downtrend though and is finding support on that line. So this time it's a bit different. That's why in the short term I'm bullish to at least $9300.

xTfSrAN9



Edit: Though if we ignore that last peak and just take the first two peaks we might still be under the resistance.

YL6nrzxW
 
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New analysis. There are actually a few downtrend lines which makes a few options. Ultimately we in a triangle which has the potential to break either way:

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Broke out already. People are impatient. This breakout is a lot more clear though. Cleared all downtrend lines comfortably so there's less doubt now in people's minds about direction.

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Retracement in 3,2,1...:

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Hit the resistance line almost to the dollar and retraced as expected. Now to see whether the bulls are strong enough to break through.

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2nd ping and bounce. Bulls are trying.

JH9QhKVD
 
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So those of you working with SQL scripting and db design... I found this cool article that explains how the blockchain works by using SQL Server as an example.
Some of the stuff I'd need to brood on a little more to fully understand it but most of it makes sense and is a really great way to understand more about the intricacies of Bitcoin/Blockchain.

Blockchain by Example in SQL Server
A self-contained, private blockchain implemented within a basic messaging app in SQL Server
https://medium.com/@benjaminsky/blockchain-by-example-in-sql-server-8376b410128
 
SaiyanZ said:
New analysis. There are actually a few downtrend lines which makes a few options. Ultimately we in a triangle which has the potential to break either way:
Click to expand...
Too much chart-spam.
Get your ass out of the 5-minute timeframe :p.

Was expecting to wake up to more red today, seems that thin string is still holding. Still waiting for that possible correction down to 50 day / major support line.

dL6go5T.png
 
saor said:
Too much chart-spam.
Get your ass out of the 5-minute timeframe :p.

Was expecting to wake up to more red today, seems that thin string is still holding. Still waiting for that possible correction down to 50 day / major support line.

dL6go5T.png
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Here is one hour time frame. The next move is not too easy to see. I think maybe head and shoulders.

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The one hour moves too slowly for daytrading though. With the 5 minute I can see where make to a quick 1% or so. I'm also waiting for the big drop but in the meantime no reason not to make some cash. Dollars made:

2rxJdXR6
 
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waiting patiently to short below 9k:twisted:

and will only go long above 9.4

other than that i be playing games!!!
 
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*SynergyX* said:
waiting patiently to short below 9k:twisted:

and will only go long above 9.4

other than that i be playing games!!!
Click to expand...

Looks like there's a possibility of Bart striking again in the short term. But not enough of a drop. No trades for me now too until we get more volatility.

3QLUI7TP


On the one hour chart it looks like the RSI is ready to swing down.

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SaiyanZ said:
Looks like there's a possibility of Bart striking again in the short term. But not enough of a drop. No trades for me now too until we get more volatility.
Click to expand...
Added the official indicator...

p9cztS0.png
 
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