I checked some Bitcoin summer activities from 2012 untill now 2019.
Year 2012 to 2018 (2014 excluded). Bottoms from july to 25th august,  (1x june, but it's at the very end of june)

Bitcoin local bottoms included, (2012-2019)

18th august 2012

6th july 2013

25th august 2015

1st august 2016

16th july 2017

29th june 2018

17th july 2019 (for now)


P.S. In the 2014 there was no bottom in the summer, falling until january next year.

Bitcoin is outperforming altcoins because the big investors are buying bitcoin and not alts. They can't buy a big amount of altcoins because of a low liquidity. Chinese currency, yuan devaluation and trading wars makes chinese to invest in assets that can store their value. Those assets are gold, silver and bitcoin. But bitcoin is the best performing major asset this year.

If you look at the usd/yuan chart you can see similarity in bitcoin/usd chart. That shows us that some of yuan (chinese currency) is entering in bitcoin. But they are not the only one investing in bitcoin.

There are many nervous stock holders right now. The stock market doesn't look promissing at this moment. Many indicators are showing for a potential recession in the next months. So probably some of their money will go in bitcoin as well. Even if it's only 1% of the stock market money, it will be quite a boost for a small marketcap asset like bitcoin.

maybe, but many random stuff like this helped me to predict btc bottom at 3100/3200 before it happened. It's not about the yearly calendar. Some of those are not even the real bottoms. I used this because we are in the summer which can influence activity a lot. Just look at the bitcointalk forum. There is less activity in the summer.

Correlation is the summer activity. There is less activity in the summer. That's why bitcoin likes to make a local bottom in the summer. From 7 bitcoin years, 6 of them made a local bottom in the summer. so 6/7. This year is probably going to be the same case. So 7/8 of the btc summers. So this shows you no correlation? I don't usually use any predictions based on the month/year but this is an exception. If you read btc news, let me tell you, dont trade based on the news. You know what they say - Show me the chart and i'll show you the news. The news are tools for manipulating small traders. You can predict many price actions based on the current chart. Let me tell you it's not only about the chinese. Bitcoin would grow even without them.

I don't agree that this price action is way too soon.

Why do you think it's too soon? Is it because you are looking at the previous bear market in 2014 which was way over extended because of the mt.gox collapse. You can't base your prediction only on that. I know many people compare 2014 bear market with 2018 bear. Just don't cuz it's a very different circumstances. That's why many of them think it's too soon. It's not.

Yes, all transactions are public data but they don't have your name. Attackers are trying to identify users and use that for elaborate fishing attack. Attackers hope that users will mix their dust with other amount and send to another wallets. You can protect yourself if you don't send the dust you received.

100.000$ would be excellent. 1.000.000$ would be amazing.

if this is true, why are we still hanging above 10k if they can sell so many bitcoins. What would be the price of bitcoin if they sold 200k bitcoins this week or this month?

When 2008 recession started, people panic sold everything, including stocks, gold, you name it. Sold everything into dollar. But soon after that gold made a nice rise. So when the real panic starts it could happen again. First gold dump and later a big pump.

Everyone waiting 8k levels again. Previous btc dump, almost everyone waited for 8500 or 7200 levels to buy but it bounced before, at 9k. So the majority didn't fill their bags. At 3500 usd everyone waited 3k or lower, but it bounced before that at 3100/3200. Some are still waiting for 3k and 1.400 usd.

Bro, don't compare and copy this pattern  from 2016! That was a bad pattern, caused by collapse of mt.gox. Which caused longer sideways movement after the bear market.
That's why many people think this bull rally 2019 from 3k to 14k was too fast. Because they compare this year's rally with previous start of 2016 bull rally. We are in a different circumstances right now and we will probably have a different pattern this time. Besides that, this pattern looks very unnatural, if you look the pattern from today's point to 2021.

and...the bears are very popular here on bitcoin forum, obviously...

Satoshi would never reveal himself! Even if he would, he wouldn't make announcement about announcement. Like Justin Sun makes it when he wants to shill and pump his coin. Another thing, he wouldn't announce it on some random website.

Btc/Usd short term

The first 4h chart (CME Bitcoin Chart) shows you the yellow and the purple line, which are very important on the cme chart. Whenever btc goes above those 2 lines on the 4h chart we get a bullish short term momentum. Btc went above it and now it's testing the yellow line. If it stays above the yellow and the purple line and closes 4h candles above them it will be bullish, at least for the short term.

The second chart is a short term chart where we can see the uptrending channel. Bitcoin making his moves between the white channel lines. Btc made a pause at the top of the uptrending channel. There is also the daily moving average line at 10.995 usd . Bitcoin is currently positioned between 2 daily moving average lines, the daily MA 20 at 10.990 usd and the daily MA 50 at 10.800 usd.

Why you shouldn't trust CNBC Bitcoin Predictions
https://bitcointalk.org/index.php?topic=5176891.msg52204427#msg52204427

Yes, lol. They were almost too good for that 

1 Bitcoin is still worth more than 1 sex. We can reach sex climax but we still didn't reach bitcoin's climax.

Yes, Dolomites are very beautiful. I visited Dolomites 2 years ago.
Here are some photos

Congratulations! Well it doesn't seem easy to climb that. I'm sure it's more diffucult that it seems  

The largest salt flat in the world (Bolivia)

 Thank you. Yes, i'm uploading only my personal photos.

Anyone?

Btc/Usd CME Chart

The first chart (4h) the yellow and the purple line didn't hold and now bitcoin has a second chance at the trendline. We are near the trendline area (white line). If the 4h candle closes and stays above the white trendline it will be a positive sign for a potential bounce to the upside.

The second chart (1d) the daily candle is near the trendline but currently bellow the yellow EMA line which indicates support if bitcoin is above the line and resistance if bitcoin is bellow the yellow line. Bitcoin is currently in between the white trendline and the yellow (currently resistance) line. If we close the daily candle above the yellow line it will be a good sign. If that happens, the next stop would be the purple line and after that the upper white trendline.

I made this chart on August 12th. This is the longterm chart.
On this chart we can clearly see that bitcoin likes the weekly 21 EMA line (the blue line). If bitcoin falls, It likes to bounce up on that line. Currently that line is around 8900 usd. The red line represents the long term trendline.

Guys, 10.000 was never important level for bitcoin. It was important only for us people. Just because it has a nice round number

Machu Picchu (Peru)

Bitcoin has no top cuz fiat has no bottom 

I hope you won't be wrong like Max Keiser  

3 Aug 2019, Max Keiser: "I’m sensing #Bitcoin will cross $15,000 this week."

https://twitter.com/maxkeiser/status/1157733957993209856

I worked in a place where women were majority. I can tell you, women can be unfaithful too, but they are better at hiding it. At least that's my conclusion from my 16 years experience working and hanging with them.

https://s3.amazonaws.com/tradingview/snapshots/w/WfrTduJ2.png

This chart was kinda secret so i didn't publish it publicly, i showed this on Aug 12th just to my friends. 10 days later (today) this idea is the most viewed chart idea on the tradingview. If too many people trade the same thing it probably won't work. So i can throw this idea away.  

Bitcoin bounced at the yesterday's trendline. It even closed above the yellow line on the daily chart which is a good sign.
On the 4h chart bitcoin is currently testing the first short term resistance at the purple line. Charts from yesterday are quoted above.

My advice: I saw many the same patterns on twitter, where they called the same price movement. Too many people shared and re-tweeted and it always went the opposite direction or changed the pattern. So my advice is, if there is too many views and everyone is trading it, probably  won't happen and the pattern will change.

Besides that this pattern is suggesting that bitcoin will crash first before going up. This user posted new idea where he suggests going straight up so it doesn't match with his previous pattern.

Well, well  

No wonder bitcoin made a bounce to the upside. CNBC bitcoin prediction (12 hours ago) says that bitcoin is bearish. But they made 80-90% wrong calls in 2019 and 2018. So...this news is kinda bullish lol

https://twitter.com/CNBCFastMoney/status/1164658891751378946

Nice! When CNBC says it's bearish just do the opposite and you will have 80%-90% chance to be correct.

Here is why you shouldn't trade bitcoin based on the CNBC Bitcoin News
https://bitcointalk.org/index.php?topic=5176891.0

Countries without tax on crypto

Malta
Portugal
Belarus
Panama
Puerto Rico
Singapore (individuals don't pay tax on profits from the crypto trading)
Slovenia (if you have less than 100 tradable days per year)
Germany (if you hold at least 1 year)
Liberland (very pro-bitcoin micro state)
Austria (if you hold at least 1 year)

Ok, it's a state with some different laws. In Puerto Rico, if you qualify for Act 22 you don't pay tax for crypto. Unless they changed the law. link http://premieroffshore.com/changes-puerto-ricos-act-20-act-22/

Probably outdated source because in 2018 Portugal declared completly tax free for cryptocurrencies. Even today's cointelegraph news mentioned Portugal as one of the countries with no tax.

I believe so, we just need to be patient.

Why i avoid trading on the weekends. There is a higher chance for fakeouts during the weekends. If you just look at the previous fakeouts, almost all happened on saturday or sunday. 18 Aug sunday - bitcoin fakeout and 27 july saturday - bitcoin fakeout.

This is from my trip to India (Ganges River)

I made this photo before i discovered this thread. I'm sorry, but i can show you hundreds of my personal photos from there.

Well 100k is only ten times higher from the current price so this prediction is reasonable for the next 2 years.

From 14 Aug until now bitcoin crossed 10k level at least 100 times.

There are many countries you could move your residence adress to. We gave you a list of alternative countries with no tax and many commented about their country tax situation. So if you have 1 million, there shouldn't be a big problem for you.

There is a higher probability that bitcoin will outperform gold in the next crisis. This chart shows you gold price vs gold production from 1900 to 2019. In the previous financial crisis the gold production started to decline and demand for gold started to go higher so there was a shortage for gold in this period. In that time gold went up in price. Today the gold production is at the higher level. We can still expect the growth of gold in the next financial crisis but bitcoin will be the one who's in a shortage of supply. Bitcoin was made after 2008 financial crisis and may become the new digital gold. The Picture is from Mark De Mesel.

My residence is in one country but i'm most of the time traveling. If you speak english you can communicate in many places around the world.

I talked about it a few days ago in this thread. I made a chart, his "secret",  9 days before him. But now it probably won't work cuz too many people will trade the same thing.

Well nobody seemed to care cuz no one commented anything about it. But it doesn't matter cuz probably won't work anyway.

Here you go, chart date August 12

Good morning everyone!

Gold/Btc (Gold/XBT) Chart

Bitcoin is outperforming Gold.
 https://twitter.com/Bitcoin/status/1165380248591974400

Donald Trump on Twitter:





Returns during the Trump presidency




John Carvalho

This is the longterm weekly chart for altcoins/btc dominance.

I saw too many charts where they call bitcoin dominance to fall. So i made this chart which is more optimistic for bitcoin. Ok, sure, it doesn't mean that altcoin dominance will fall straight down to 20% but if it drops bellow this minor trendline then bitcoin can go to 80% dominance.

Many of you have a nice profile pictures. How do i get or make one of these?  
Sorry for a noob question. I'm not here for a very long time.

Ok, thank you guys for your answers. The hat avatars are very cool!  

Thank you very much!
I would like to reward you guys more with merits but i already spent 3 merits today, 2 merits in this thread, so maybe next time. 

That's a good thing when the financial crisis is around the corner. That means that investors are seeking the safe haven, in this case gold and bitcoin. Also bitcoin outperforming gold is a good thing too. So it doesn't bother me in occasions like this. Maybe it would bother me in a different times. But now we should be happy and excited 

In Slovenia (central Europe)
you could find on this national site
https://www.radioaktivnost.si/rvo_public/RVO/Map

There was a spike after the radioactive rain. There is no more high exposure but the rain already felt down on the ground. So i wouldn't eat any mushrooms right now  

Physical silver is not a bad idea. But i like to diversify. I think you can't go wrong if you diversify into physical silver, physical gold and bitcoin.

 lol, troll

Changed to - Bitcoin Wall Observer -  

https://www.youtube.com/watch?v=kXzwOKyGlSA&t=3s

BTC/USD CME

When the 4h candle closes above the yellow line we will get the bullish momentum. The good news is that the daily candle still didn't close bellow the yellow line on the daily chart.

How to prepare for the next recession
3 charts showing you when the next recession will probably occur.

The first Chart shows you the yield curve inverted for at least 30 straight days. You can see when this happened before the recession occured not many months after that.

The second chart showing you when the fed lowers interest rates.
The Fed lowered interest rates for the first time after 2008. Whenever this happens it brings the financial crisis in the near future. Financial crisis are marked with the grey area.

The third chart shows you when exactly will this happen. When will the financial crisis officially occur. This always happens when the blue line on the 3rd chart crosses above the yellow line. That happened before, right before 2008 and 2000 crisis.

What to do:
I think that bitcoin will do very well in the financial crisis. Bitcoin was made because of this. I think that gold and silver will do fine as well. Even if the price drops a little bit i think in the middle and the long term bitcoin will outperform every major asset in the world.

Disclaimer: This is just my personal opinion, not the financial advice

Yea, i was trying to find out the method of his/her predictions. After some time of experimenting with many indicators i found out that his/her price and time predictions were perfectly matching the fibonnaci circle indicators. (longterm and the short term combined)

That's how i discovered that the 87,00$ prediction is probably a miss-typed mistake because there is a fibonnaci circle right at the 87.000 usd (november 2020)

lol, i think not because it's written as 87,00 and not 87.00 (8700 would be 8,700) and 87.000 is right at the november fibonnaci circle, followed by the previous price and time predictions.

There is an insane huge buy order on the bitmex.

121.369.999 buy order
it was first at 10.120 usd and removed to the higher price 10.130 usd.

All of you are probably right.

Bitcoin is in a bull trend. People calling for a bull trap don't realize that it just cannot be in the 8 month long bull trap. If this was the case and bitcoin turns bearish on the longterm chart, it would be the first time in bitcoin history. So it's very unlikely. When no coiners realize that, it will be probably too late for them.

Bitcoin  6 month return 170%
Silver   6 month return   17%
 
  Bitcoin outperformed silver x10

During the heavy dump from my experience the best decision is to dollar cost average your buy orders. Even in a bear market after the heavy dump it always makes a nice bounce up. In the bull market it's even easier.

Bitcoin chart dec 2018 right before it bottomed

You don't have any those problems if you're not insulting anybody. If you want to make fun, cashout at 100k or 1 mln and have fun.

If you think that this 10k level is the new 6k level

i wouldn't compare those cuz it's different. At the 6k level, majority of traders were expecting that 6k is the solid bottom and they were expecting only going up. Now at 10k many traders are hoping for 8k and 7k to buy. Some of them even wait for 3k or lower. The second thing, at the 6k in 2018, we were in a bear market. Now we are in the macro bull market. The 3rd thing is that the 6k level was holding for 5 boring months. I don't believe that bitcoin will be boring between the bakkt going live and the months before the halvening. The 4th thing, we had a bch-bsv war at that time and in november, right after the bch fork, the entire market went down.

Nobody said that getting rich is easy. There will be plenty of shakeouts. But we didn't even drop bellow the support yet and we already getting drama. Imagine droping to 8k, what kind of drama would that be if we can't even hadle this minor drop. 

There is almost 5x more longs than shorts. So maybe they would like to rekt some longs before the next run to the upside.
That's how they like to play the game.

btc/usd on cme

The 4h candle is currently holding right on the support. Some traders already called the breakout to the downside but it's still on the support for now. Watch for that line.

HodlWave Chart

This chart shows you UTXO Age distribution according to the USD price. UTXO age distribution shows bitcoins in a duration of time based on when the coins last moved.

The blue area is over 5 years of not moving bitcoin and the red area is less than 1 day. The top of the blue area represents more than 21% of all bitcoins at this moment.

https://hodlwave.com/

The btc market is macro bullish since april/may. Altcoins dominance currently struggling at the minor support. If it breaks down, btc can go to 80% dominance.

Someone before me gave a link with Portugal mentioned. That's when this discussion started.  I gave a link for Puerto Rico. If you need a link from any country just ask and i'll give you.

Btc/Usd

Just to warn the bears, we still didn't break to the downside. The red longterm trendline still holds. Even if it doesn't there are many supports between 9100 usd and 8900 usd. The most important weekly support is the weekly 21 EMA (blue line) currently at 8900/9000 which acted as a perfect support during the years. The bearish scenario would be the fall to the black trendline on the red line around 7300 usd.

We're talking about the trend. It also went from 6k to 3.1k but the trend was the same - bearish trend. If it goes to 5k now, the longterm trend changes from bullish to bearish. Which would be the first time of that kind of change. (the first 8 month bull trap)

We droped only to 9300 usd and all of the sudden i see many bearish predictions. Imagine bitcoin falls to 8000 what a drama would that be. No coiners calling for 3k and 1,4k again  

@Hueristic

If you mean Bakkt,  they will have physically settled bitcoin futures so it won't have unregulated and manipulative market activity.
I heard before that the futures will bring bitcoin from 20k to $700. Well it didn't. It corrected as always around 80% in the bear markets.

From 2016 to the end of the bull market in 2018 bitcoin never closed the daily candle bellow the 137 daily moving average.
Guess what.

edit 137 MA, currently around 9000/9100

Thank you guys for ranking me up! 

When bitcoin reached 3100 usd it didn't look bright at all but it was the best buying opportunity.

Bitcoin bulls are way above the sea level so no need to swim at this moment.

I just noticed something on your chart. Do you see it? 
Look at the current price. It's at the same level when bitcoin went under 137 moving average for the first time after the 2016-2018 bull run.

Bitcoin is the best major asset with a high return and the lowest correlation to other asset classes.

https://medium.com/@PanteraCapital/the-simple-case-for-investing-in-blockchain-blockchain-letter-august-2019-b38cd100f9f3

Good afternoon. People expecting faster moves now. But there still wasn't any breakdown from the TA point of view. For the breakdown we need a higher volume confirmation. There is still no volume to confirm it. Many traders from the tradingview and youtube declared a breakdown prematurely.

There are so many buyers waiting for 8.5k that the bigger players were forced to buy before that at the 9k level or higher. 5 times already in this summer.


Summertime Dips

2 june,  9.6K
17 jul    9.0k (in the middle of the month)
28 jul    9.1k  (at the end of the month)
15 aug  9.4k (in the middle of the month)
29 aug  9.3k  (at the end of the month)

From 2 jun to 29 aug, on the average every 15 days there was a 9k-9.6k dip.

In 2017 (17 july) Bitcoin made a local bottom before the start of a bull run.
It's interesting to see that Bitcoin made again a local bottom on the same day (17 july) 2019 at 9000 usd.

(for now)

That's because the plan is to make a debth. So you can take away money from the citizens. If they sell gold the plan wouldn't work.

The Bitcoin Economic Model
https://twitter.com/_Checkmatey_/status/1167795371550085120

Data
https://coinmetrics.io/

Personally i avoid trading during the weekends because there is a higher probability for a fakeout.

At first i thought you quoted me    it's easy to miss out cuz of many posts in this thread.
But i gave you a merit anyway! Nice charts!

Things are changing in Austria too. A1 -  The biggest Austrian telecommunication provider now accepts Bitcoin and cryptocurrencies for payments. They started to accept crypto this month. They accept it even in Graz - city, where Schwarzenegger was bodybuilding.

https://twitter.com/salamantex/status/1163435472758218753?s=20

The best thing is if you enjoy your work. But only a few procent of people are enjoying it. They are lucky. But so are you, who got early into bitcoin. At least you will be financially independent in the future. That's my strong belief. When you get that you can spend more time to improve your health and to spend more time for the things you like to do.

Thank you very much. I really like it. 
You are the first person to get 3 merits from me at once. I would give you more but i don't have many of them.

Thank you. I gave him 2 more. Yes, the cactus has a very interesting shape  

At this moment i'm very happy. Not just because of a new hat i got today but because many of you in this thread are very cool and fun to read. Don't worry be happy  

No, i think he was joking. At least i did with the secret meanings. WO sign is cool.

I agree on that. My doctor said i have incurable disease and gave me the pills to help a little bit. But pills didn't help. I was desperate for 2 years trying to find the cure, to find anything that helps. I almost died. After 2 years reading and seeking almost every day and trying every diet possible i found the unknown research about the oil from the herb Dill. I tried it and immediately improved my health. The moral of the story is to never give up. I think we can improve almost any disease with the right food.

A glass of red wine on the daily bitcoin chart

  
https://www.tradingview.com/chart/BTCUSD/bdYCyCc3-A-Glass-Of-Red-On-The-Daily/

The only minor problem with this chart i see is that compared to the 2012 it could have a little bit higher level before the next halvening. Maybe around 16k-18k which is at least 60%-80% higher from the current price. I don't like to compare to the chart in 2014-2016 where the Mt.Gox caused more damage than it should happen.

That's because the media has more and more control over the kids instead of their parents who work more and more. Parents should raise their kids and not reality shows like Jersey Shore, Kardashian's "reality show" and many others. Or movies like The Wolf of Wall Street where they show the worst case possible which becomes some sort of a new idol for many crypto traders.

I hope you guys make a ton of money with bitcoin so you can spend more time with your kids, if you have them.

The yellow line on the 4h btc/usd chart is a critical point for the short term. (CMEChart).

The new level to watch out is 10.100 usd on the btc cme chart.
If the 4h candle closes above that line it will be bullish at least for the short term.

Btc daily 137 moving average is already above the local bottom, currently around 9100 usd. You already know that during the previous bull market 2016-2018 Bitcoin daily candle never closed bellow that 137 MA line. Let's see if the history repeats itself.

ATTENTION!

WO special report!

The volume is so low right now on the daily bitcoin chart. The lowest volume since november last year and january 2019 when the major moves happened!!!
It's very possible that we get a major move in the next days! Maybe 1-3 days.

The first football crypto shirt happened in may 2019

https://www.ccn.com/bitcoin-giant-coinmarketcap-sponsors-israeli-football-club/

Yeah, but don't worry about the owner. There's no such thing as bad advertising. Personally i got into bitcoin when i heard the news about some hackers demanding bitcoins  

Yes, it's pretty old. From 2013. But i think that my hat would match with his jeans.

https://www.zerohedge.com/news/2013-03-10/demographics-bitcoin

Stamp chart is used for the bitmex price. (one of them) I saw a few times a huge manipulation on the bitstamp because it's easier to crash or pump the market and liquidate longs or shorts on the leverage exchange.

Another interesting thing

Bitcoin weekly chart. We can see rsi chart bellow and the green lines. Bitcoin entered the support area, marked with the 2 green lines on rsi.
Whenever this happened and bounced from this area from 2016 until april 2019 bitcoin always made a local bottom.
This local bottoms on the weekly rsi support happened in jan 2016, aug 2016, mar 2017, jul 2017.

In jan 2018 it felt down from the support which gave a signal for a possible bear trend.

Bitcoin climbed again above the green support area right before the 1st april when the big pump happened. Now bitcoin is at the weekly rsi support again. If it stays above the green area it will be very bullish.

1 source https://www.zerohedge.com/news/2013-03-10/demographics-bitcoin

I cannot find the second source, it says that page doesn't exist, but it was from Coindesk.

The difference between jojo69 and Wilhelm? Wilhelm tries to find the best things from a person while jojo69 finds the worst things.  

But that picture is funny. I laughed.

Altcoin dominance

Altcoins losing support. If the candle closes bellow this support it can go really bad for altcoins, possibly going to 20% dominance or even lower. You can see where the next support is, the green line bellow around 18%-20%.

Bitcoin Bull and Bear Cycles & halvings

from Chico Crypto

Ok. you want bitstamp chart, no problem.  

Btc/Usd Bitstamp (CME Chart Bad, Mkay)  

The first major resistance for the shorterm is marked with the yellow area. Around 10.800 Usd to 11.000 Usd, it depends when it gets there.
The first minor resistance is marked with the orange area. We are currently already there. Around 10.500 Usd.

When there is too much bullish graphs i start to get worried.
But WO made a few very bullish graphs when most of others were calling a breakout to the downside. Which didn't happen.

When Bitcoin reached 3100 Usd there was a very negative news about bitcoin and crypto in general. But Bitcoin started to rise anyway from there on. As you can see, you must be a little bit contrarian, not to just follow the news and the majority of people.

Yes, the first minor resistance (orange area) is pulverized but the first major resistance (yellow area) was barely touched.

I appreciate your honesty! Many traders wouldn't admit that. But you will  probably win in the longterm. You have more btc than i do.
I started with 50 euros in the middle of 2017.

It's almost 1 month since i discovered WO and started posting here.
I was bored so i made this statistic:

158 posts in WO (from aug until today)
Published 34 charts
(my charts: 23, other charts 11)

Merits Received in WO: 60

Received from 26 users in WO:

Dabs 5x (13 merits all together) Absolute Support Winner  
JayJuanGee 5x (5 merits)
mindrust 4x (6 merits)
makrospex 4x (5 merits)
VB1001 4x (4 merits)

micgoossens 1x (2 merits)
Ibian 1x (2 merits)
Negotiation 1x (2 merits)
bones261 1x (2 merits)


600watt 1x (1 merit)
Cryptotourist 1x (1 merit)
Wilhelm 1x (1 merit)
infofront 1x (1 merit)
AlcoHoDL 1x (1 merit)
Icygreen 1x (1 merit)
vapourminer 1x (1 merit)
dkbit98 1x (1 merit)
STT 1x (1 merit)
mr_random 1x (1 merit)
NeuroticFish 1x (1 merit)
Rikafip 1x (1 merit)
ErisDiscordia 1x (1 merit)
Dunkelheit667 1x (1 merit)
Saint-loup 1x (1 merit)
Bossian (1 merit)
jojo69 (1 merit)

.............................................

I also sent merits to the WO community ( 35 merits sent from me)

Thank you all! Even if you didn't sent any merit and you just wrote something good or positive, thank you. I would like to reward more of you but even if you're a merit source you can't reward all. There are many good posts that i didn't reward. That doesn't mean you don't deserve it. It just means that i have a limited number of merits. I'm sorry for that and thank you again WO!  

Special thanks to xhomerx10 who made me a nice hat 

I think we will break in maximum 1 month, possibly sooner. But things can change. That's my thought from today's prospective.

Bitstamp Bitcoin Usd

Not much changed since our previous chart and targets. The yellow area was reached, acted as a resistance. The price retraced to the orange area which now acts as a support.

 

What a perfect day for a perfectly balanced numbers (1540 and 154). Congratulations!
I also got 154/154 number today but i don't have that zero number added like you have.  
Thank you Wilhelm!

I had a few friends with cancer. So i was interested to read a lot about that. I spent a lot of my time investigating. So i got to this conclusion: You can beat the cancer by starving their cells. How to do that? They like processed sugar a lot. But there is a trick that kills cancer cells. If you mix some sweet food with the food that kills cancer, you win. So for example, you can eat honey and drink lemon juice together. Because cancer cells are eating sugar, they will absorbe that, but because it's mixed with the particles from the lemon juice that kills the cancer cells , they will die after eating or absorbing it.

That's just one way.

The other ways, to find the best hospitals in the world. Most of the hospitals suck and don't have a high ratio of a sucesfull treatments. Uncle from my friend couldn't help to cure himself anywhere until he went to one of the best hospitals in the world in Switzerland.

They have a special treatment to damage only a part of the body where the cancer is located so your body stays healthy. He is cured now and healthy for many years already.

Another thing, which is very important, try not to be angry and stay positive while you try to find a solution. Because body can have a better immune sistem if you don't have a stress. Everything can be cured, just find the best treatment possible, i recommend Switzerland.

Omg, i'm sorry Mindrust, i just merited you. I didn't know you would like to have 1540

Ok, you probably know what i'm doing lately. Watching the yellow resistance area and the orange area. I'm a hodler, but i use a small % of my portfolio to trade, just for fun. So i'm selling just a little bit in the yellow area, buy back at the bounce from the orange area and sell again just a little bit in yellow again. Until it reaches the upper trendline at around 11.000/11.100 where bitcoin will decide where to move next. But i still hold majority for the long term.

lol, watch out 1940, your merits are currently at the war zone  

You probably know that i mentioned before (i don't like mushrooms)  
but i like the trees, i hope for the amazon forest, i planted a few ordinary trees by myself (very proud) 

This chart isn't precise and so i can't take it as too much legit.
Why? Because in order to take it seriously, the trendline must have at least 3 times  touching the trendline at the bottom. The chart is interesting but i think many youtubers took this chart too seriously in my opinion. The upper trendline is alright, but the bottom trendline is just not right. Not a single touch on that trendline. The first bottom was cut off and after that no touch at all. Only 1 almost touching but that doesn't count.
But thank you for sharing anyway.

I fixed the chart which is now slightly more bullish. In the future the second - lower band will dissapear, according to this chart. So i assume he made the wrong bottom trendline just to prove his statements.

You're right. Back then he was much more harmless because of many things. He didn't positioned himself into the powerful strucktures of crypto yet. So he couldn't do much harm even if he wanted to. 

You actually promote a bearish chart at this moment, because we didn't spend much time in the green area. The chartist who made this chart is saying that we need to spend 50% of the time in the green area. But we were there only for a short time. so we would need to spend more time there according to that chart. I don't agree about the green area, because it doesn't have any trendline bottom. You need at least 3 to confirm it. Even if you exclude this bottom you can still make a trendline that touches with the rest of the bottoms and the green area dissapears eventually. This green area doesn't make any sense if you look at the bigger picture.

For V8's

Cruciferous Vegetables are fighting Cancer

Arugula, Bok choi ,Broccoli, Broccoli rabe, Broccoli romanesco, Brussels sprout, Cabbage, Cauliflower, Chinese broccoli, Chinese cabbage, Collard greens, Daikon, Garden cress, Horseradish, Kale, Kohlrabi, Komatsuna, Land cress, Mizuna, Mustard – seeds and leaves, Pak choi ,Radish, Rutabaga, Tatsoi, Turnips – root and greens, Wasabi, Watercress

https://www.gardeningknowhow.com/edible/vegetables/vgen/cruciferous-vegetables.htm


13 Foods That Could Lower Your Risk of Cancer

Broccoli.
Carrots.
Beans.
Berries
Cinnamon
Nuts
Olive Oil
Turmeric
Citrus Fruits
Flaxseed
Tomatoes
Garlic

https://www.healthline.com/nutrition/cancer-fighting-foods


Bananas with brown spots kill cancer! Eat them! ... The darker the patches, the higher the banana's ability to boost your immunity and lower the risk of cancer"
https://www.abc.net.au/news/health/2018-09-16/cancer-and-ripe-bananas-how-bogus-health-claims-hurt/10237738


Foods to avoid:
Limit your sugar, caffeine, salt, and alcohol.

Limit red meat, max 1 time per 1 week.

Important thing: The body can absorbe more vitamins and minerals from the fresh food, rather than supplements. Get your caretenoids from food not supplements.

more on
https://www.youtube.com/watch?v=i8wgBppJK9s

No, i found the article before, scientific article,. claiming that the dark banana has produced more healthy substance. So i just googled for that and linked one of the first links. Sorry about that.

Here is the real research from the japanese study about bananas

"According to Japanese Scientific Research, a fully ripe banana with dark patches on yellow skin produces a substance called TNF (Tumor Necrosis Factor) which has the ability to combat abnormal cells. The more darker patches it has, the higher its immunity enhancement will be; Hence, the riper the banana the better the anti–cancer quality. Yellow skin bananas with dark spots are 8 times more effective in enhancing the property of white blood cells than green skin versions."

https://www.jstage.jst.go.jp/article/fstr/15/3/15_3_275/_pdf

I heard about bitcoin when it was around $50. When it was around $300 I wanted to buy but i couldn't buy anything on my name at that time. And my parents didn't want to hear anything about that. I also didn't know anyone who had bitcoin. I tried to convince them back then and i told them they would regret not buying bitcoin. After a few years i convinced my father to buy some btc in 2017 at 2k but that's his btc. I bought some in 2017 and here  i am watching jokes about the late comers   It is what it is. I can't change this. But it's better than nothing.

Here is the update. As you know, i told you that i'm gonna trade between the yellow resistance area and the orange minor support/previous minor resistance. You could trade 3 times already. To buy at the previous charts around 9xxx and sell a small amount of holdings in the yellow area. Then buy when it drops and bounces on the orange area. Then sell for the 2nd time in the yellow area. Buy back for the 2nd time in the orange area and now sell in the yellow area for the 3rd time (not to sell all of your holdings)

The upper trendline is between $11.000 and $11.150. If bitcoin goes to that level it's gonna decide where to move next, break up or retrace agaIN.

Btc search on the google trends has a new spike  
The chart shows you the timeframe for the 90 days for the world.

Thank you! I made a new thread about WO speculation history. It was a lucky week.

https://bitcointalk.org/index.php?topic=5182395.0

Here is the timelapse chart with the screenshots and speculations/predictions
from 29 AUG when bitcoin made a local bottom until now.

............................................................................... ...............

Quote from my thread:

"I'm very proud that our community was bullish when most of the traders called the breakout to the downside, On the 29 Aug majority was bearish, calling 8k, 7k or even lower.

On this chart you can see the timelapse with the screenshoots of the posts from WO

(29 Aug)  Bitcoin made a local bottom (29 Aug) we had a warning forr the bears! There is no breakout to the downside!
At that time most of youtubers and traders were bearish calling a breakdown. This was the day Bitcoin was at the lowest level.

https://bitcointalk.org/index.php?topic=178336.msg52304559#msg52304559

(30 Aug) Quote from WO "From 2016 to the end of the bull market in 2018 bitcoin never closed the daily candle bellow the 137 daily moving average."

After that bitcoin started to rise.

https://bitcointalk.org/index.php?topic=178336.msg52310518#msg52310518

(30 Aug)

Bitcoin bulls are way above the sea level so no need to swim at this moment.

https://bitcointalk.org/index.php?topic=178336.msg52313122#msg52313122

(31 Aug)

Quote: Many traders from the tradingview and youtube declared a breakdown prematurely.
There are so many buyers waiting for 8.5k that the bigger players were forced to buy before that at the 9k level or higher. 5 times already in this summer."

https://bitcointalk.org/index.php?topic=178336.msg52319619#msg52319619

(2 Sep) September 02, 2019, 02:41:15 PM
Quote: " The new level to watch out is 10.100 usd on the btc cme chart.
If the 4h candle closes above that line it will be bullish at least for the short term."
https://bitcointalk.org/index.php?topic=178336.msg52338111#msg52338111

(2 Sep) September 02, 2019, 03:38:07 PM

Quote: "ATTENTION!

WO special report!

The volume is so low right now on the daily bitcoin chart. The lowest volume since november last year and january 2019 when the major moves happened!!!
It's very possible that we get a major move in the next days! Maybe 1-3 days."

https://bitcointalk.org/index.php?topic=178336.msg52338636#msg52338636

(2 Sep) September 02, 2019, 08:24:56 PM

Quote: "Bitcoin entered the support area, marked with the 2 green lines on rsi.
Whenever this happened and bounced from this area from 2016 until april 2019 bitcoin always made a local bottom."

https://bitcointalk.org/index.php?topic=178336.msg52340931#msg52340931

(3 Sep)

Quote:
 
"The first major resistance for the shorterm is marked with the yellow area. Around 10.800 Usd to 11.000 Usd, it depends when it gets there.
The first minor resistance is marked with the orange area. We are currently already there. Around 10.500 Usd."

https://bitcointalk.org/index.php?topic=178336.msg52345873#msg52345873

(4 Sep)

The orange area is the new support

https://bitcointalk.org/index.php?topic=178336.msg52354963#msg52354963

(4 Sep)

Trading a small amount of my portfolio between the yellow area 10.800-11.000 and the orange area around 10.400-10.500.

Quote" Until it reaches the upper trendline at around 11.000/11.100 where bitcoin will decide where to move next. But i still hold majority for the long term."

https://bitcointalk.org/index.php?topic=178336.msg52361367#msg52361367

Thank you WO community for your support!  "
End of the Quote

....................................................................

Thread: WO Bitcoin Speculation History

https://bitcointalk.org/index.php?topic=5182395.0

Well, bitcoin reacted around $10.950 . Just as we thought, the first major resistance between $10.800 and $11.000 was really there.

Show me the charts and i'll tell you the news  

 

Nothing goes straight up. We had a nice mini rally from 29 Aug until now. From $9300 to almost $11.000.
Shorters wondered what happened? Now bulls wonder the same thing.

No hurry please, i need a pattern.   So i need some time.
There's no crystal magic ball.  @phillippone thinks i behave like i have one or some kind of magic tribal hocus pocus thing  
I was just lucky this week, because majority didn't take me seriously. If i get the pressure i think it wouldn't be so good.

I'm 80% hodler and 20% trader  

Probably added some search for btc term. But what about Romania spike for btc search? I think they don't care much for Bahamas Btc company.

History of WO Bitcoin Speculations

https://bitcointalk.org/index.php?topic=5182395.msg52377811#msg52377811

You already have all of the links with quotes on that link.

I was bullish since we bottomed on the 29 Aug. Around 9300-9500
And i sold between 10.800 and 11.000 yellow area 3 times. But still holding majority cuz i only trade a small % of my portfolio.

Btc/Usd

For the short term i'm watching the yellow EMA line, which currently acts as a support on the 4h chart. The 4h candle closed above it. Currently the yellow line is around 10.270 Usd. If it stays above it will be bullish. If not we will find other support.

I don't know about you but i buy on the support bounce. So i bought some back. If it reaches my target between 10.800 and 11.000 i sold 3 times already there. Yes it goes up and down but i tell where is the support (buy) and where resistance (sell). If it goes bellow support it means sell. (well i trade only 20% of my holdings, i never sell all.) Trader has to be prepared for both ways.

@JayJuanGee
It sounds like a great plan. But if i was you i don't think i would trade much. I'm almost forced to trade because my position isn't that great.  I'm a late comer. So i try to gather peanuts here and there from my trades. I wouldn't worry in your position at all. You'll probably be a millionaire. All you have to do is wait enough time. That's all.  

Thank you for your statistics. I also made a monthly statistic for your local bitcointalk board. There are 625 posts published in August, or 20.16 posts per day.

I also made a monthly stats for you local bitcointalk community.
108 posts in August. That's 3.48 posts per day.

Bitcoin bounced nicely from our support around 10.270 Usd (the yellow line). As i said i sold 3x times between 10.800 and 11.000 major resistance area and i bought back some at this support. As long as it stays above this yellow support it's good for the short term. Specially if it stays and closes above the purple line. Currently we are sitting on that purple  line and testing it around 10.470 Usd

WO September Statistics (Merits Received/Sent)

micgoossens received 45 sent 45
fillippone received 31 sent 12
SuperTA received 28 sent 27
makrospex received 27  sent 18
JayJuanGee  received 25  sent 39
LFC_Bitcoin received 21  sent 25

vroom received  19 sent 3
Globb0 received 18 sent 40
Icygreen received 18 sent 4
Toxic2040 received 18 sent 0
d_eddie received 17 sent 8
Last of the V8s received 17  sent 6
mindrust received 16  sent 20
xhomerx10  15 sent 4
VB1001 received 15 sent 13
Dabs received  14 sent 96  
Wilhelm received 14 sent 20
Biodom received 14  sent 9
jojo69 received 14 sent 4

HairyMaclairy received 9  sent 11
Arriemoller received 9  sent 1
BobLawblaw received 9  sent 0
lightfoot received 6 sent 0
heslo received 6  sent 1

Raja_MBZ received 5  sent 4
Elwar received 5 sent 0
Lambie Slayer received 5  sent 0
Krubster received 5  sent 0
arewethereyet? received 5  sent 0

Torque received 4  sent 5
JimboToronto received 4 sent 4
nutildah received 4  sent 3
Negotiation received 4  sent 2
bkbirge received 4  sent 2
psycodad received 4  sent 1
Totscha received 4  sent 1
Dunkelheit667 received 3  sent 5
JSRAW received 3 sent 4
DaRude received 3 sent 2
Findingnemo received 3  sent 0
tranthidung received 3  sent 0
becoin received 3  sent 0

sirazimuth received 2  sent 5
jbreher received 2  sent 5
bitcoinPsycho received 2  sent 4
gentlemand 2  sent 4
DaRude received 2  sent 3
Ibian received 2 sent 1
Kylapoiss received  2 sent 1
Saint-loup received 2  sent 1
Pamoldar received 2  sent 0
nikauforest received 2  sent 0
GreatArkansas received 2  sent 0
STT received 2  sent 0
akhjob received  2 sent 0

vapourminer received 1 sent 9
cAPSLOCK received 1  sent 6
Ludwig Von received 1  sent 2
serveria.com received 1  sent 6
kingcolex received 1  sent 5
Wekkel received 1  sent 1
Majormax received 1 sent 1
smartcomet received 1  sent 1
hodl_2015 received 1  sent 0
Lucius received 1 sent 0
bitserve received 1 sent 0
Lauda received 1  sent 0
realr0ach received 1 sent 0
_javi_  received 1  sent 0
somac. received 1 sent 0


infofront 0  sent 4
P_Shep received 0  sent 3
ivomm received 0 sent 1
Cryptotourist received 0  sent 1
Phil_S received 0  sent 1
Hueristic received 0 sent 1
Bossian received 0  sent 1
hugeblack received 0  sent 1
btcbeliever received 0 sent 1
rs1x received 0  sent 1

Yes, i know, sorry for that
it's hard to find everyone. I will add you to the list. If anyone is missing to the list, you can message me and i will update the list.

edit: done  

Ok, now the list is updated. Here are all WO users (69 users + some of donators) who posted at least 1x in WO this month . I didn't count users who didn't send or receive any merit in WO (September). I also included some users of the WO merit senders that i could find for this month, even if they didn't have any post here.

Oh, man i was sure i added you to the list, cuz i know i browsed through your profile when edited. I probably forgot to save. Sorry, i browsed through almost 200 profiles.
I updated.  

I was also a little bit distracted. Because some of the users received/sent a merit today and i had to add them and edit again.

Thank you! I'm glad you like it! I hope you made some profits from it!  
But according to the received merits, this chart bellow (link) was more popular  

https://bitcointalk.org/index.php?topic=5182395.msg52377811#msg52377811

I think it's better for you as a merit source not to be on that list.  
There are many users listed there who get a lot of merits but send none of them or just a few merits.

WO September Statistics (From Sep 1 to Sep 7)

Top 10 Most Generous Merit Givers (WO)

Dabs 96
micgoossens 45
Globb0 40
JayJuanGee 39
SuperTA 27
LFC_Bitcoin 25
Wilhelm 20
mindrust 20
makrospex 18
VB1001 13

Here is the top list from the active WO members (From Sep 1 to Sep 7 (time when i posted my previous list))  

Thank you. But i noticed the top 2 users don't appreciate it much. I never got any merit from the top 2 users for any of my charts or bitcoin discussion. And i publish and talk about bitcoin every day. I don't know why? Even for the list where they are the top ones. I even made a stats for both of their local community and nothing. But ok, i understand, everyone has a different taste for charts.  

Thank you. I'm still happy that the majority supports my posts at least with the kind words, even if they don't merit me.  

Bitcoin: You can win if you want! Just hold me tight! Take my hand, follow me...

I gave you a merit for sharing this chart, but...Let me share my thoughts on this. If you rely to much on this chart to sell your bitcoin, there is a higher chance you won't make it as you may think right now. The are a few reasons for this. If you look at the original site and look at that 2nd chart, you can see that it's very hard to predict the right timing.

Those who watched this chart in the previous bull market 2017/2018 have missed the top and didn't sell at the top! Because it simply did not reached the level of the previous tops!

The second thing, if you want to sell a little bit sooner like it happened at the 20.000 usd, you would miss a lot of potential gains if it continues to the previous top levels.

The third reason why this is gonna be even harder to achieve is that many hundreds if not thousands of new traders will look at this chart to sell. Imagine everyone wants to sell at these levels and no one wants to buy there. What would happen? It wouldn't work. So the best thing you can do is that if you really want to sell at those levels, to sell in a dollar cost average method. Even better if you use this chart only as one of your many indicators combined so you can get more accurate the biger picture. That's the best thing you can do.

Hi! W.O. I'm back. Just to announce something. First of all i would like to say that  we can be happy and we can't complain.
You remember this chart?
https://bitcointalk.org/index.php?topic=5182395.msg52377811#msg52377811

 So we had this chart here and if you are a trader you could sold right at the local top 11k, where we announced our first major resistance. So if you are a trader you regret nothing! If you are a holder you hold through your good and a bad times and regret nothing! I'm a part trader but mostly hodler. I sold some at this top and today i announce that i bought the first dolar cost average at 7400 usd which is not bad after 11.000 sell. If it drops more i buy more. I don't like to be a bearish too much and don't want to talk much about that. Yes, we are currently bellow the weekly 21 EMA and 20 MA which is kinda bearish but many traders here wanted to get another buy opportunity, to buy cheaper at 8k. So you got even 7300. So your wish came true. I know you don't like CME chart but there was / is a 7200 usd gap and gaps almost always fill.

Here is my current bitcoin price observation:
The key level for medium and longterm is around $8800 or $8900. This is a major resistance.
There are 3 resistance lines between 8800 and 8900 usd (the weekly 21 EMA, the daily 200 MA and the daily 50 MA). We need to close the biger timeframe candle above it to get the bullish momentum back.
For the short term we have important levels around $6800 (the daily 50 MA). We also have currently the short term trendline around $7200/7300.
But the most important thing is $8800 to $8900 area.

I hope you listened and bought at 7400 usd. I came back on the 23 October just to announce that i bought at 7.4k because almost all traders were bearish.
But according to comments i don't think many of you bought, but still i hope you did. Like i said before this pump, the key level to watch is between $8.800 and $8900 area.

Guys, don't get traped on your emotions. Traders don't do that. Whales use noob's emotions to trick them into fomo or panic sell. When we were higher at 12k and 11k many of you wanted 8k but when it droped to 8k suddenly almost no one wanted to buy anymore. I tried to warn you. I said at 7.4 you got your gift, a buying opportunity that you wished for. But instead many users talked about shorting and bearish things. And now after this pump many of you got emotional again.  

Maybe, but that's not something new.
China promoted bitcoin through their national banks before so we could get their mesage where they are going.

Here is a thread from July 2019
Bank Of China Is Promoting Bitcoin And It Sounds Very Bullish!
https://bitcointalk.org/index.php?topic=5169633.msg51976569#msg51976569

We broke through the 8.8k resistance and we are now officially in the bull market again. (if it closes above 8.8k.)

I got here 2 days ago. I said litterally i announce buy at 7.4 and i said above 8.8/8.9 is a bull market again. I'm talking about this 2 days now. And still got questions, why this happened. Now it's 10k. 


But can't complain about btc longs gains.

There was not much news at 7.4k but i still bought for reason that is a good buy opportunity. Which seems to be the case with the whales too. They probably saw they already tricked majority into the bearish sentiment. And after they buy they use their media to spread some kind of the good news or "the reasons" to legitimate this fomo and pumping their bags.

Wow, micgoosens, nice hats. You change them so often. How much do you pay him for this lol 


By the way i came to ask about your btc price prediction. No more 100k charts?, 300k ?, 500k? or is it delayed?

Thanks but i wouldn't bother him. I already got one which i like.

Guys you know what? That 40% btc pump in one day was something that happened because of the snowden's tweet. He posted the picture from btc phrophecy 16k oct 2019.
https://twitter.com/Snowden/status/1187892280906137602


You know that anime picture. And snowdens profile pic, it's the same pose, his hand on his chin. Many folks were convinced he was the prophecy guy and he knows things we don't. Btc went up so fast, 40% up but then the 31rd oct ended without reaching his 16k target. After that it started to decline until we fell down to the point where we were before.


If i would blame someone i would blame that anime phropecy thing but i won't cuz it was something new, cool and interesting.
Now, back to the reality !

But....you're supposed to be happy...to buy really cheap the best asset in the world

All of those longterm projections were wrong because they were adjusted many times. They were way lower when they got there

Do you see? It never reached the curve! It had to be lowered and adjusted!

That's the current problem! Too many are calling for at least 100k like it's guaranteed or something. Posting those hopium longterm curve charts which were never accurate in the history of predicting.. Too many people got filled their bags and whales don't like that because noobs dont have any money left to pump whale bags.

Yes, that's what i'm talking about. The thread is full of those hopium charts based on the longterm curve that was never a good indicator for the future's price. Based on the previous wrong longterm curves it would be good to lower the curve and expectation. This thread had too many of those hopiums in recent  months that are now bringing a dissapointment to some readers.

P.S. i would like this to happen but let's be real

I agree. It could go even higher. But what are probabilities for that? Based on the btc history from 2010 those longterm curves were always adjusted to the lower areas, not to the upside. So based on that, it is a much higher probability that this will happen again.

Speaking of real estate, here is the longterm chart from early 1800 through the history for almost 200 years. You can see the cycles of real estate activity repeating every 18 years on average. You also must look at your local real estate specific cycles and prices. I studied this for my local city and i was very surprised how this can be well predicted.

Not only that. Looking deeper and researching the very longterm charts of financial crisis i discovered they have a biger and smaller cycles repeating through history like some sort of natural influence or something. Some cycles are so big and repeating  aprox. every 300 years or even 1000 years while some smaller cycles exist within the biger cycles. I was seeking even further and i was amazed that even the peaks and the end of well known civilisations in humans history are repeating in the cycles together with the global warming and global cooling cycles. Really interesting!

Wow, another nice hat. That fish is immune to the deadly sea plant which can paralize other fish species. So it usually hides there from the bigger fish.

According to the btc history and previous halvening behaviour this model isn't accurate and it's too early. Well ok, even previous red dots are lagging behind so it's not something very accurate to watch.

I understand that TA is not very popular and desired to see when they become bearish. I mean who likes to watch their bags going down in price? Unless you're a no coiner or a shorter or just someone who didn't fill their bags enough. But that's not the case here where majority are hodlers.

 

 

 

1. Chart

Here is the longterm weekly RSI support and resistance chart from 2012 to 2019. As you can see bitcoin is right on the red line support touching the line. I know the week has still enough time until it ends so it can change a lot by then. But currently we are touching it. It nicely coressponds with touching the weekly 50 Moving Average Line which can act as a support if btc is touching it from the upside or as a resistance if it's touching from the downside.

2. Chart

 On the regular weekly chart you can see the yellow line, it's the weekly 50 Moving Average. That's the first weekly stage. To become absolutely bullish we need to take first the orange line on the second chart - the weekly 20 MA  but also to break out of the channel, to break that blue uper channel line. That would be very bullish.

3. Chart

On the daily chart we have some resistances inside of the blue channel which are not so  important as the weekly and the blue channel but it corresponds nicely with the red line which represents the smaller trendline inside of the blue channel. There are the orange and the yellow daily 20 and 50 Moving Averages on the third chart, very close with the red line which can act as a resistance before the final and major weekly challenge.

According to this chart the next btc cycle begins around 2nd March. The blue line is the weekly 21 EMA which very often shows you if it's the bull or the bear sentiment. I already told you about this line before and to watch the 8900 usd. Some big players are watching it and if it drops (closes candle) below the blue line they sell.

BTC weekly chart
I'm sorry guys but there won't be any official bull trend until the candle closes above the blue line (EMA 21) or the green trend line.
You also can't complain you were not warned before when we were still above the blue line. There was anomaly, it went to 10k in October because of the Snowden tweet. Which caused some unexpected things but besides that it's pretty clear. But that doesn't mean i won't buy any dips.  

If Mic wants you all to know for some reason that he doesn't have btc we should accept that statement.

Envy could be cured by Bitcoin!