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The official 2019 bitcoin $50k thread


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#91 AChartist

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Posted 01 August 2020 - 07:21 PM

The previous look was going to be a mid Aug high.

Word is getting around there just is not alot of bitcoin available for trade, is the expectation

of "unavailable" event.

What is hard to tell is the rotation of btc to alts to microcaps will mid aug be a general high or

rotation, will it right translate? Use conventional methods in a couple weeks.

It does work to follow the btc dominance chart it trades standard patterns.

Unfortuneately the aggressive binance account is staying even it is a mix of microcaps and largecaps.

Then the coinbase all largecap is working big, its rotational like that.


Edited by AChartist, 01 August 2020 - 07:24 PM.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#92 AChartist

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Posted 01 August 2020 - 07:55 PM

and I just happened to load steller yesterday, have been favoring ether over btc


Edited by AChartist, 01 August 2020 - 07:55 PM.

"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#93 AChartist

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Posted 01 August 2020 - 07:59 PM

tomorrow dont know the hour is a concerted attempt to crush a certain institutional Link FUD short,

could be entertaining


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#94 AChartist

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Posted 01 August 2020 - 09:25 PM

May be useful

 

 


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#95 AChartist

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Posted 01 August 2020 - 10:07 PM

Incredible breadth, will some smaller ones surge when the majors pause or go down together,

I think it will be rotation an awful lot are making new breakouts maybe in the majors approaching 

a consolidation region.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#96 AChartist

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Posted 01 August 2020 - 10:17 PM

For example I caught the low point on elrod today in btc pair cant promise its going to work

pointing out alot of that is starting it doesnt take much to peel off BTC for some of those.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#97 AChartist

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Posted 02 August 2020 - 07:38 AM

I dont see how every single crypto in say top 150 gets hit on same 15 min bar is a manipulation,

there is a rotation to some of the small ones that have been in favor.

 

There was talk about alot of btc being moved onto exchanges in the week before so that was this setup, they probably

bought a cross section of all 150 cryptos with that btc to sell it in one 15 min bar. Its fine do they just lose ownership of the bitcoin then?

How many times going back to that well?

 

There is suppose to be a coordinated buy on Link today to crush an institution caught short and sending fake negative

news, I thing about 1-2 PM. I'll probably sell some if its surging.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#98 AChartist

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Posted Today, 10:58 AM

Not to brag but its insane how much I've been making in cryptos, spectrum of micro mid and large

caps rotating like crazy. I've missed a few great ones but got most of them.

 

I think Chris cited above is a valuable resource, he has called most of the great ones uses a solid

discipline, he wont give you sell signal just says place an automatic stop.

 

Dont want to speculate like this, let the discipline do the work, just saying that LInk is likely the great

one of this cycle like it was btc, then ether, then litecoin the last time.

The breadth in these small caps is making it easy I know it has to narrow in to leaders and some drop

off at some point.

 

Remember all those coins I got, I rationalized were free to me from extreme ether and litecoin, were paid with that

not new money, so I opened an atomic and exodus wallet I havent looked in for over a year and found both hand Link.

That was my point, it would only take one.

 

Chris seems to think this has 18 months to run but we should know is some that are pumping in sympathy will fail

and it will narrow at some point probably with the next major broad correction. My plan is to sell everything to be able

to locate the relative strength and early turns in a major correction. I dont have an idea when yet will work on the cycles,

I will need an altcoin index cycle calculation and bitcoin dominance cycle.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan