comment by Edinspur (U1109)
posted 1 minute ago
comment by SWTN - Judas is number 1 (U7916)
posted 46 minutes ago
comment by Ji Sung Park's Cousin - It's Beekers... (U2958)
posted 10 hours, 28 minutes ago
comment by SWTN - Judas is number 1 (U7916)
posted 1 hour, 17 minutes ago

Bitcoin is incredibly right now and there is very little chart support below the 30,000 level
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It's bounced straight off $28k both times... There are massive, massive support levels down to $20k... Stop speaking shiite
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Who the feck r u?
----------------------------------------------------------------------

Our most successful crypto user and advisor
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Well he dorsnt kn ow what a support level is for a start, so that is a worry

There may be a support level at 25

comment by You Can't Buy Class ¯\_/^v^\_/¯ (U12019)
posted 3 minutes ago
comment by Edinspur (U1109)
posted 54 seconds ago
comment by SWTN - Judas is number 1 (U7916)
posted 46 minutes ago
comment by Ji Sung Park's Cousin - It's Beekers... (U2958)
posted 10 hours, 28 minutes ago
comment by SWTN - Judas is number 1 (U7916)
posted 1 hour, 17 minutes ago

Bitcoin is incredibly right now and there is very little chart support below the 30,000 level
----------------------------------------------------------------------
It's bounced straight off $28k both times... There are massive, massive support levels down to $20k... Stop speaking shiite
----------------------------------------------------------------------
Who the feck r u?
----------------------------------------------------------------------

Our most successful crypto user and advisor
----------------------------------------------------------------------
lol wut, proof?

he's just a Bitcoin maxi, simple/
----------------------------------------------------------------------

On a scale of terrible from 1-Rob Holding, how is putting your life savings in ADA going?

comment by Edinspur (U1109)
posted 37 seconds ago
There may be a support level at 25
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There are none below 30,000 but as Vlad said, that doesnt mean the market won't make a new one. The bounce of two important techincal levels (the 200 day moving average and the fib extension level) is clear evidence of a first attempt to do that. That is now the downside level to watch and for any one long, they better pray it holds.

But Crypto is bieng stock market led and stock markets are going through a massive de-leveraging phase. If that constinues then everything classed as a risk on asset will follow suit.

I would also suggest keeping an eye on the US ten year yield currently 2.933 versus two tear yield 2.599

If the differential starts to close again and god forbid actually cross over then good night.

Internet to provider speeds are down in the MEA so proposed bounces at 25 are meant to be coming in a delay

I should clarify that when i say support levels i am talking technical support levels.

The point you are making sounds fundamental not technical and if valid, might become a new technical support level.

I don’t really know what’s going to happen tbh, I just enjoy looking at it from afar and am happy cos I got a nice laptop out of all my profit

comment by Edinspur (U1109)
posted 7 minutes ago
I don’t really know what’s going to happen tbh, I just enjoy looking at it from afar and am happy cos I got a nice laptop out of all my profit
----------------------------------------------------------------------
Nobody does, if we did we would all be filthy rich.

I have taken some massive losses during my time as a market professional and even now losses on a smaller scale trading for myself.

I don't touch crypto as anything that can have 10% plus swings in a few hours is not for me, but right now with the way global market fundamentals are stacked, when I look at that bitcoin chart, and knowing that there are many inexperienced investors in the crypto market, I can envisage a very plausible scenario where there one massive blow outof painful long positions due to margin call exits.

If it did drop to below 13,000 i would make my first ever crpto trade and buy small

comment by You Can't Buy Class ¯\_/^v^\_/¯ (U12019)
posted 1 hour, 10 minutes ago
comment by Edinspur (U1109)
posted 54 seconds ago
comment by SWTN - Judas is number 1 (U7916)
posted 46 minutes ago
comment by Ji Sung Park's Cousin - It's Beekers... (U2958)
posted 10 hours, 28 minutes ago
comment by SWTN - Judas is number 1 (U7916)
posted 1 hour, 17 minutes ago

Bitcoin is incredibly right now and there is very little chart support below the 30,000 level
----------------------------------------------------------------------
It's bounced straight off $28k both times... There are massive, massive support levels down to $20k... Stop speaking shiite
----------------------------------------------------------------------
Who the feck r u?
----------------------------------------------------------------------

Our most successful crypto user and advisor
----------------------------------------------------------------------
lol wut, proof?

he's just a Bitcoin maxi, simple/
----------------------------------------------------------------------
wtf

Half the time on here i've been chatting about investing in nexo... But yea, i have a good chunk in BTC... that's why i'm not crying and staring at TA charts hoping my doge coin bounces back.

comment by SWTN - Judas is number 1 (U7916)
posted 1 hour, 10 minutes ago
comment by Edinspur (U1109)
posted 1 minute ago
comment by SWTN - Judas is number 1 (U7916)
posted 46 minutes ago
comment by Ji Sung Park's Cousin - It's Beekers... (U2958)
posted 10 hours, 28 minutes ago
comment by SWTN - Judas is number 1 (U7916)
posted 1 hour, 17 minutes ago

Bitcoin is incredibly right now and there is very little chart support below the 30,000 level
----------------------------------------------------------------------
It's bounced straight off $28k both times... There are massive, massive support levels down to $20k... Stop speaking shiite
----------------------------------------------------------------------
Who the feck r u?
----------------------------------------------------------------------

Our most successful crypto user and advisor
----------------------------------------------------------------------
Well he dorsnt kn ow what a support level is for a start, so that is a worry
----------------------------------------------------------------------
I don't buy into TA ... so maybe i got the terminology wrong... but the buy walls at 28k, 24k and 20k are huge.

Well TA can work well when combined with the fundamentals and the bounce in Bitcoin yesterday came at the perfectt Technical juncture and so far the chart is trading perfectly to the fibonnaci extnesion levels.

Eventually a technical relationship breaks down, but atm bitcoin is playing out a good tech picture

comment by SWTN - Judas is number 1 (U7916)
posted 0 seconds ago
Well TA can work well when combined with the fundamentals and the bounce in Bitcoin yesterday came at the perfectt Technical juncture and so far the chart is trading perfectly to the fibonnaci extnesion levels.

Eventually a technical relationship breaks down, but atm bitcoin is playing out a good tech picture
----------------------------------------------------------------------
a good bear market tech picture that is

I’d safely say you are a virgin.

Waffle to bore the masses added to that.

comment by Ji Sung Park's Cousin - It's Beekers... (U2958)
posted 2 days, 9 hours ago
comment by You Can't Buy Class ¯\_/^v^\_/¯ (U12019)
posted 1 hour, 10 minutes ago
comment by Edinspur (U1109)
posted 54 seconds ago
comment by SWTN - Judas is number 1 (U7916)
posted 46 minutes ago
comment by Ji Sung Park's Cousin - It's Beekers... (U2958)
posted 10 hours, 28 minutes ago
comment by SWTN - Judas is number 1 (U7916)
posted 1 hour, 17 minutes ago

Bitcoin is incredibly right now and there is very little chart support below the 30,000 level
----------------------------------------------------------------------
It's bounced straight off $28k both times... There are massive, massive support levels down to $20k... Stop speaking shiite
----------------------------------------------------------------------
Who the feck r u?
----------------------------------------------------------------------

Our most successful crypto user and advisor
----------------------------------------------------------------------
lol wut, proof?

he's just a Bitcoin maxi, simple/
----------------------------------------------------------------------
wtf

Half the time on here i've been chatting about investing in nexo... But yea, i have a good chunk in BTC... that's why i'm not crying and staring at TA charts hoping my doge coin bounces back.
----------------------------------------------------------------------
I was just having a laugh mate sorry

Ji's alright

I still think you are a Bitcoin maxi though, I'm a Cardano maxi and I hold a few other assets.

Could be a significant day for global markets tomorrow , including crypto currencies.

CPI data for Japan is out overnight and whilst at first glance people will think,,,so feckin what? this data is highly significant for global markets..

Japan is on of the few countries that has not had runaway inflation, Switzerland another.

If the Japan data is signifcantly higher than expected forcing the Bank of Japna to joing the tighneing cycle, then we could see all risk markets fall sharply.

Bitcoin up over 4% the last 24 hours, seems the market makers are not to worried about that and have pushed prices higher today.

*too

comment by You Can't Buy Class ¯\_/^v^\_/¯ (U12019)
posted 53 minutes ago
Bitcoin up over 4% the last 24 hours, seems the market makers are not to worried about that and have pushed prices higher today.
----------------------------------------------------------------------
And if the overnight data comes in below expectations could well see a further bitcoin rally,

Feel like the MMs / institutional investors who really cause the big dips & spikes tend to be one step ahead so 🤞

Still looks very bad for global markets at the moment.

For now at least, from a teachincal perspective, it looks like Bitcoin will rally from here, As long as it stays above the lowe from last week, charts saying it will rally.possibly back to the 40,000 level

It’s annoying cause im bullish about the project i mainly back but the market is sheite

- my crypto experience generally

comment by Blarmorbius - Morbing my way into your hearts (U14547)
posted 22 hours, 55 minutes ago
It’s annoying cause im bullish about the project i mainly back but the market is sheite

- my crypto experience generally
----------------------------------------------------------------------
Keep your head-up fellah, now is time to HODL & BUIDL. Now unless you're a developer when I say BUIDL I mean your portfolio, some incredible prices to be had at the moment that may never be seen again, Cardano being my pick.

We've been pretty unfortunate with 2-3 years of Covid being followed up by Putin invading Ukraine and now borderline hyperinflation causing macroeconomic chaos.

I honestly believe you have to resist any urge to sell right now unless you desperately need the cash and have no other choice because the crypto market could flip round to bullish pretty quick, especially when deflationary or max supply coins are seen as a good hedge against inflation. Personally I believe the 'Terror' Luna crash has caused an accelerated bear market so hopefully we'll be through it quicker.

I often check in on Celsius because they are one of the main competitors with Nexo (Block-Fi is bigger i believe but they dont have a token).

Dayum, they are a sidestory to the Luna crash that went a little unnoticed. Their token has absolutely tanked. They are largely blaming the market downturn but its also clear they had major connections with TerraLabs

Also Mashinsky seems to love the sound of his own voice and i get bad vibes off the dude