I would Love to know what you Seasoned Bitcoiners think of PlanB's Stock to Flow
Now, we may actually stand a chance of avoiding WW3
The Weekly Bitcoin chart shows you what we up against now that PA has entered Danger zone. 76K is the line we need to cross and hold now. The Daily chart shows the over head resistance we can slide up if we do not get rejected but , Ideally, we cross it and use it as support. BUT this is all subject to the Mood swings in the USa right now. Be cautious Guys and Gals, this could turn around at any time.
Just going to leave this here Welcome any sensible comments Have a Nice day now Y'all image
To say the 2008 Bank Crash was not beneficial to the banking industry is as stupid as saying that The People Vote in the USa actually counts and that the Electoral Collage ALWAYS puts in the person with the most Votes as President.. Anyway, Moving on..................... What a pivotal year 2008 was....................BITCOIN image
DXY $ chart from 1971 to presnant day To say the $ has been propped up until the election is an understament. Just look at what happened in previous Rate cuts. The nearly always Drops. It will no doubt Drop after todays election results come in. The $ is facing Stiff opposition world wide now in the Form of BRICS - over 50 countries that now, no longer use the $ as the Currency of Settlement. This is costing the USA a LOT of money. The $ is becoming less desirable..and When the Rates get cut again, it becomes even less desirable to hold. Who ever wins this election is going to have to explain why they did not suceed in making the $ all powerful again..... And so I say the Electoral Collage will put Mr Trump in power - so they can blame him for Fucking up the economy.....When in fact..IT was ALWAYS going to happen image
4 X 1 hour charts Bitcoin - Gold DXY $ - S&P500 This speaks volumes right now Just Look how BITCOIN is rising, everything else is Dropping This is only a 1 hour chart but, interesting to know. Can't eait to see what happens tomorrow image
The ONLY GREEN candle in all this right now is BITCOIN Charts are DXY $ - GOLD - BITCOIN What does this mean ? Only the BULLS know
Interesting but we may see Bitcoin Price go to 66600 USDT by Tursday, ELECTOIN day The Day of the BEAST you watch ;-) image
Bitcoin Weekly Interesting battle going on with Bitcoin right now. Week before Last closed with a Bearish RED hammer candle. Last Week closed last night with a Bullish Green inverted Hammer. And we now start this week with a small red Doji- undecided We all waiting to see what happens after this USa Election. Still Got Bullish siganls all over. Weekly MACD now rising Bullish but the Mayer Multiple is still below its MA..A true Bullish movement sees this rise over its MA. We will find out soon, whats coming next but we arein a very strong position with TA and patterns, Loads of support below. BUT we do still have that WALL up to 76K Next few weeks could get Volatile. Watch GOLD and DXY to get a gauge of the market leading up to Election results. Hopefully BTC will follow image