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BTC reverses up off 6467 to test the recent high 7121, currently looking for support around 6940.

H1 chart.

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  • Thought provoking 1

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Daily chart, BTC looking for support at the weekly pivot point mid recent range.

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BTC Weekly chart with Mn PPs.

Daily with Wk PPs.

H1 with Daily PPs.

 

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BTC back down through the weekly R3 and then retests from the underside. Currently at 8835.

H4 chart;

image.thumb.png.eb67ddcb60e5189260c9d7f883f9061a.png

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WR3 rejected now trying for support off weekly resistance level 2.

H4 chart;

image.thumb.png.b2823fb24589a2002d9c0b319e1120b7.png

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BTC consolidating after again rejecting the weekly R3, currently at 8693.

image.thumb.png.521f59763df12f0d214bd8cba5270005.png

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BTC making yet another attempt on the weekly resistance level 3 (8950).

H4 chart;

image.thumb.png.c20f167f26dea6cb6253b648c1be426f.png

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BTC with resistance overhead at 9176, currently 9050.

H4 chart;

image.thumb.png.117568ddda6b9482369da888b4c290c9.png

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Post halving event and a big push to 10,000 but failed.

H4 chart with weekly and daily pivots;

image.thumb.png.84c64d38ece0888c7f6a04f276034cc6.png

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H4 candle about to close, currently held at the daily pivot but signalling a possible reversal to check support.

H4 chart; 

image.thumb.png.6ca2e1ae09ce69c77d84bce4c9230c79.png

 

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Got a wee shoogle going on the demo 😻

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37 minutes ago, dmedin said:

Got a wee shoogle going on the demo 😻

yessssss, nooooooooo, Waitttttt!!!!!!!! my new triple time frame Qualitative Quantitative Estimator says BUUUUUUY (for the short term).

 image.thumb.png.8c8638883cae01c71d4c3692c7b056a3.png

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4 minutes ago, dmedin said:

Sell! 😻

yesssss, the qqe just flipped to sell as well 🥳

image.thumb.png.49a62c708bea8f15d8699e346a96f1b2.png

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A boring weekend, unless you're able to trade BTC on a minute-by-minute basis (with its enormous margin requirement and humongous spread).

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BTC dropped eventually;

H4 chart with weekly pivots;

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I wonder how many more punters will be gypped by the great Bitcoin pie in the sky :D 

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Guest Just Me
16 minutes ago, dmedin said:

I wonder how many more punters will be gypped by the great Bitcoin pie in the sky :D 

If I invested $1000 in BTC pie in the sky in 2009 and left it until now. Am I being gypped? 

P.S. What would I be worth now?

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On 30/05/2020 at 13:52, Guest Just Me said:

If I invested $1000 in BTC pie in the sky in 2009 and left it until now. Am I being gypped? 

P.S. What would I be worth now?

 

If?  I hope you did :D 

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On 30/05/2020 at 13:33, dmedin said:

I wonder how many more punters will be gypped by the great Bitcoin pie in the sky :D 

In March 2010, user "SmokeTooMuch" auctioned 10,000 BTC for $50 (cumulatively), but no buyer was found.  Today that would be worth $95Million (todays value $9574)

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