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Thread: Is Bitcoin about to crash?

  1. #71
    Quote Originally Posted by ;
    quote What does it mean in simple English?
    Reminds me of a passage in the first chapter of a novel I read when I was a lad - ' My ancient life ' by Winston Churchill...

    Churchill joins a story about the discursive game his Latin teacher played:

    #8216;This is a Latin grammar. #8217; [The teacher] opened [the textbook] in a well-thumbed page. #8216;You must learn this,#8217; he stated, pointing to a range of words in a framework of lines8230;
    What on earth did it all mean? Where was the feeling of it? It appeared absolute rigmarole to me personally. However, there was one thing that I could always do: I could learn it #8230;
    #8216;Have you learnt it? #8217; he asked.
    #8216;I think I could say it,#8217; I replied; and that I gabbled off it.
    He seemed so satisfied with this I was emboldened to ask a question #8230;
    #8216;However,#8217; I repeated, #8216;what exactly does it mean? #8217;
    #8216;Mensa signifies a table,#8217; he replied.
    #8216;Then why does mensa additionally mean O dining table,#8217; I enquired, #8216;and that which does O dining table mean? #8217; #8230;
    ";O dining table,#8212;you'd use that in addressing a table, in invoking a table. #8217;
    #8216;However I never do,#8217; I blurted out in honest amazement.
    #8216;In case you're impertinent, then you will be punished, and punished, let me tell you, very seriously,#8217; was his most conclusive rejoinder.
    This was my introduction into the classics from which, I have been told, most of our cleverest guys have derived so much comfort and profit #8230;

  2. #72
    Quote Originally Posted by ;
    quote What does it mean in simple English?
    Hey honesttrader,

    technically ...

    the incline (alpha) of the 3 UPwaves (1st=17 %,3rd=47 %,5th=42%) should ...
    ... increase progressively
    (the Greater volatility will occur in the fifth part of wave)

    Whilst in the RMI indior the 40% level always ...
    ... affirms the uptrend
    (60% would be the resistance of the downtrend)


    P.S.
    it is obviously a ...
    ... point of view mine

    (the bearish break of January 16 is obvious ...
    (if I'm not wrong ...)
    of this ema34 ma50)

  3. #73
    Quote Originally Posted by ;
    quote Hey , technically ... the slope (alpha) of those three UPwaves (1st=17%,3rd=47 percent,5th=42%) if ... ... increase progressively (the greater volatility will happen in the fifth section of tide) whereas at the RMI indior the 40% level always ... ... affirms the uptrend (60% is that the resistance of this downtrend) P.S. it is obviously a ... ... point of view mine (the bearish fracture of January 16 is evident ... (if I'm not wrong ...) of this ema34 ma50
    Good analysis. It might help if you would mention the prices along with your analysis

  4. #74
    Quote Originally Posted by ;
    quote Good analysis. It would help if you would say the prices too along with your analysis
    I often think in waves ...
    ... the fifth has a minimum and an ...
    ... entrance point

    All the others are indiions of a probable evolution of the situation


    P.S.
    (however It's certainly uncertain)

  5. #75
    Quote Originally Posted by ;
    quote I tend to consider in waves ... ... the fifth has a minimal and also an ... ... entry point Each of others are indiions of a likely growth of the situation P.S. (but it's surely uncertain)
    This tide stuff is gobbledy gook to me well I have to admit. I love that tide analysts take their mathematics quite badly, but to all those people who do not utilize them, it sounds a little evangelical.

  6. #76
    Quote Originally Posted by ;
    quote This tide material is gobbledy gook for me well I must admit. I appreciate that tide analysts take their mathematics seriously, but to it sounds a little evangelical.
    It supplies probabilistic objectives (TP, sl, RR) but ...
    ... everything varies

  7. #77
    Quote Originally Posted by ;
    As I compose, Bitcoin is twice sided with last Wednesday's record breaking one day up push. Was Wednesday that the ' Death Throe ' candle, and will this top, if it holds, be important? As a technical adviser that is strict, I can't honestly see how Bitcoin will keep on climbing as it has been performing without a substantial pullback, even an entire collapse. I understand it is unlike any other market being traded right now, but surely, if human nature, that after all is the only component that drives the markets, can be used as a guide, then...
    I've spent in BTC since years ago and I kept a few of it. I will sell if it reaches $200 that is gt;5x higher than the time it was bought by me. I will keep it as long as I could.

    Quote Originally Posted by ;
    quote I've spent in BTC since years ago and I kept some of it. I will sell if it reaches $200 that is gt;5x higher than the time it was bought by me. I will keep it as long as I could.
    It's quite tempting to market now and spend on luxury. But it won't be liquidated by me.

  8. #78
    Quote Originally Posted by ;
    quote I've spent in BTC since years back and I maintained some of it. I will sell if it reaches $200 which is gt;5x greater than the time I bought it. Meanwhile I shall keep it as long as I could. quote it's very tempting to market now and invest on luxury. But it won't be liquidated by me.
    From a trading point of view you need to at least extract sufficient to pay you first stake.

    IMHO you should also book some profits, the amount is up to you. How about half an hour?

  9. #79
    Price action is currently displaying a few setups that are harmonic. If the installations hold up price action has a higher likelihood of rallying and a reversal of the current downward tendency.

  10. #80
    Alright Bitcoiners, I'm outa here today so I've more important things as BTC isn't traded by me to focus on, but it has been fun watching and commenting on all the action. I don't have any idea where she is going to go from here --new lows for this year a possibility as new highs are.

    Trade safe, and do not blow all of your money!!

    Dosvidanya!

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