To Noise.cash admin - this is odd - a Renoise with a comment appears in my subscriptions - I go to the original post and subscribe and make a comment - the Renoise then disappears in my subscription section so now I miss half the conversation and have to search for the Renoise user to read the Renoise post.
@Z1 in May 2021
It’s great to see BCH at around 1000 usd without coming under stress - so far I don’t see allot of supply coming in which is very bullish. #BitcoinCash
Sunday walk through crypto twitter 1. Old Vs New - Berkshire Hathaway (BH) mocked for not investing in Bitcoin - Bill Mather mocks cryptocurrencies - ending in the climate warming debate where Crypto is framed as an environmental disaster. BH doesn’t hold gold - So why would they hold Bitcoin? - they have invested in Mining companies but have now exited - so if BH invests in Crypto it will be in a company/service utilising crypto, not the unique crypto asset? What companies…
BCH transactions - That’s a pretty rough drop - better get back on my tipping game. ❤️❤️ #BitcoinCash
Would be great if the read.cash and noise.cash ecosystem came together - joint account where if you noise a read.cash post it generates a tip to the writer - like a Renoise. Could have an automatic Renoise link on read.cash.
BCHUSD - Price keen to break above and hold 1000 - key break out price 1054 - Based on volume sellers previously located at 1200 have moved down to 1050 (red lines) however the area is being aggressively tested by bulls indicated by prolonged time in the upper part of the trading range (blue lines). Keep in mind price possibly held back for large players to accumulate more before a move up - if this is the case there may be some volatility (shakeouts) to the downside support…
BTCUSD - Sellers still in control - Bulls don’t want to see price getting into 42700 and threatening key breakout bar from previous trading range - see chart Key level to break above and hold 59330 Major support 51450 then 49500 Upside target 70000 https://www.tradingview.com/x/mydv51Lw/
BCHBTC - Looks like it's going to put in its first proper Higher Low in over a year. Almost confirmation of a basic trend change. Would like to see 0.0207 cleared restest of down trend at 0.018. I'm not a patterns guy but if you can't spot the cup and handle your blind - the measured upside target would be 0.03. Some might say yes but there's little volume in the breakout- volume is a funny thing - if the supply has run dry moves to the upside can happen on very low volume.…
Sometimes price action is best expressed through music - BCH Meat Loaf "Bat Out Of Hell" https://www.youtube.com/watch?v=3QGMCSCFoKA&ab_channel=MeatLoafVEVO #BitcoinCash
Another Maxi narrative on the verge of being nullified. BCH has closed the bull market performance gap against BTC to -1.34% today based on the low of the 15th of December 2018. Currently at -2.19% If and when BCHBTC 0.02352 is captured - BCH will be outperforming BTC in this bull market. Very interesting times - might get a bit wobbly given the extended bar to the upside today - patience is the key. #BitcoinCash
My brother FaceTimed me this morning asking about crypto and how he could get paid in it. Obviously I told him about BCH and it probably makes allot of sense as he’s in Australia. However my real point here is that friends and relatives are starting to ask about crypto when they’ve said nothing about it for the last three years. Feels like we’re moving into another stage of the bull market now.
My sell trigger in 2017 was when my friends retired mum was looking to buy XRP for her and her mates but didn’t know how to use a computer....
Can anyone suggest good users to subscribe to? I’m finding it harder and harder to find good posts to tip.
Great interview here about the European Central Banks push towards an E-Euro within the next year. https://youtu.be/rWSYqEy8ubI Control infrastructure on the back foot - once state currency goes digital it is in direct competition with crypto currency. This is when the average person on the street will do the math and realise the current system of made up money is the real scam. Had a building product supplier email me yesterday saying products are up 8-20% and delivery…
Looking for anyone living in Sweden and information on where to use Bitcoin Cash to purchase goods and services.
BCHUSD - Looks like building cause for a move higher. The first major shakeout following rise to 1600 was met with good buying pressure - once again looks like leveraged entries following the rise to 1600 have been liquidated by yesterday's move. Cause being built for a move - depending on time price to enter 1750 - 2000 USD resistance currently at 1475. Bearish if moves below 1180 and fails to recapture. Previous cause built over 11 days under 1000USD following shakeout.…
BCHBTC - Buyers have not exited the market - change of character almost confirmed - would like to see a move to 0.028 to confirm another higher high. Buyers still located at key support levels. resistance at 0.025 Support at 0.022 https://www.tradingview.com/x/VC1GQOTo/ #BitcoinCash
Seeing a lot of calls on crypto Twitter for BCHUSD 10,000 - Once targets become folklore likely hood that 10,000 is the top is becoming less and less. I also remember the calls for sub 2,500 BTCUSD - people got very confident about the mythical lows that were coming and didn't buy at 3100 - 4500. Do we go higher or lower than 10,000 I don't know. Why - because big players aren't dumb - they will pick a number that is both unbelievable and totally unexpected.
The good the bad the ugly The Ugly BTCUSD - Demand not showing up - see chart - demand has weekend since 33,000 USD. Change of character confirmed lower highs and lower lows but doesn't currently look like a full distribution event. If 51000 is not reclaimed bias for price to move towards 43300 - lower if cause builds up here and then price breaks down. https://www.tradingview.com/x/DX9SoojJ/ BTCUSD - had commented yesterday BTCUSD looking weak BCHUSD looking like a false…
The good the bad the ugly 02 The Bad (sort of) BCHUSD - Demand increasing as the price drops lower (bullish and different to BTCUSD) - would like to see how price reacts to 1069 if it gets there. Had previously calculated 1600-2000 as the next reaccumulation level using Wykoff point and figure. (see previous posts) Had thought BCHUSD would get above 1600 and then develop a major reaccumulation range. Have to consider that this is now going to be range-bound for some time…
The good the bad the ugly 03 The Good BCHBTC - Aggressive selling - but hasn't taken out the previous low - it is very compact price action (allot of pressure) could be read as a tight decending wedge but I don't think so - if it drops the key level of support would be 0.0226. Edit - If it breaks to the upside first target 0.027 then 0.029 - above 0.029 and were in for another move up. https://www.tradingview.com/x/ZMKtGwN3/ Major support at 0.017 #BitcoinCash
For some reason I’m not as incentivised to click hearts as was when I was tipping. Makes me feel like a robot - scroll heart scroll etc.
BTC Knife catchers better be out with their metal gloves at 44,400. If this is anything like a Nasdaq reset there’s going to be allot of broken hearts.
BCHBTC bottoms Fundamentals narrative questioning slow speed high fees goes mainstream (Elon etc) BTCUSD starts to shit the bed BCHBTC price tightening at yearly high Market revaluation in process?
The reality is you don't need Elon to announce he's buying BCH - you just need the price to trend in the opposite direction to BTC and the rumour mill will do the rest.
Before anyone starts going full bear based on viewing crypto YouTube - go back to the content makers videos at BTC 3.5k and see if they got the bottom call right and if they were fully calling a bottom. Almost all of them didn’t - for the last 6 months we’ve been in the everyone is a genius phase of chart analysis. #BitcoinCash
BTCUSD - So far pretty standard ABC correction - two decent drives down. Little volume coming in - key areas tested 42550 - see previous analysis. https://noise.cash/post/182gzmrk ABC 1to1 https://www.tradingview.com/x/TXiVGwyp/ key level support around 39660 If 39660 holds - two scenarios https://www.tradingview.com/x/7TVAVEPP/ Buying needs to start to come in - either an accumulation range is developed under 56000 and above 39600 or further shakeouts to the downside will…
I’d forgotten how good BTC was at selling off. Even TradingView is crashing.
After yesterday’s price action I can say the best thing I did in 2018 was buy a full spot position - no margin - at the lows of the bear market. Was tempted a few times to leverage the gains but thought why risk it when the position was already at 5-15x. Some say keep your coins on a ledger for security - I say keep them on a ledger as a barrier against your own unneeded ambitions.
Damn this is aggressive selling on BTC - they are either going stop hunting at 35,000 or going to retest the lows. This is starting to look pretty scary - be careful if you’re trying to buy the lows on leverage - it’s a classic set up for getting rekt.
This is getting painful - I really don’t want to see BCH under 510.
Quick Sunday walk through crypto Twitter. 1. Crypto OG’s in three camps Camp A - those that model price using INVESTMENT strategies/data/experience - bullish - confident this is sharp correction still within a Bull-cycle. Camp B - those that use 4hr to Daily charts - TECHNICAL analysis - patterns/moving ma’s/experience - bearish top is in. Camp C - those that use neither but rely primarily on BACKTESTING (what BTC did in the past) have no idea what’s going on. 2. Retail -…
Ok I posted earlier I didn’t want to see BCH under 510 - we spent over two years in a classic accumulation range and then broke out - if this is a test of that breakout it’s effing severe - this is not retail jumping out it’s major movement by big players pushing price down. Literally no bounce from 1600 on the daily - not normal.
As to the last post there are only two conclusions I can come to - this is a viscous end to the bull cycle or major players are looking to enter the market by tanking price. There’s no in between. What I don’t understand is Bitcoin Cash has never looked better.
Just thought I'd pull this out of a conversation with WeLoveBCH I find it very difficult to believe any major players who accumulated Bitcoin Cash over the last 2.4 years between 110 and 510USD had enough time to get out in a top that lasted under a week range-bound between 1600 and 1250. It would simply be too difficult to unload a position without major volatility before a markdown - even the last high in 2017 took 4 weeks to get out before a markdown.…
I got a random tip - Realize that nobody cares.
BCHUSD - the dust is settling Trying to break out of steep selling zone - currently looks like a bull flag but selling is coming in. 710 is resistance but its moving down. Would like to see some decent upside reaction to the severe selling last week. If not it looks like it might go range-bound here between 497 and 935. 497 as support is key. https://www.tradingview.com/x/XrQZMnOK/ first target around 935 second target 1199 Support at 497 #BitcoinCash
BTCUSD - Sellers still in control - hasn't V bottomed so expect continuing volatility before a move. Resistance is at 38850 - It's building up a bit of energy but until it can get over 39500-42550 further downside tests remain a possibility. I still don't see massive buying volume coming in. First downside support - 32135 Then 29000. https://www.tradingview.com/x/JE8DYqM2/
There are days when I really don't like looking at the charts.
Kim.com really taking it to the heart of the BTC power structure. https://mobile.twitter.com/KimDotcom/status/1397299385931689984
Sad to see DavinciJ15 sell out so badly. An OG with zero reason to try and be a YouTube crypto celeb.
Let’s see how this plays out over the year. Sweden: target 2% inflation last April to see 2.5% 2008...2003 ...2001 all major market crashes. CPIF, APRIL 2021 2.5% (1.9 percent in March 2021)
Just re-watched the Social Network on Netflix. 1. Let’s face it 2010 was shit. 2. The Winklevoss twins are pricks and they deserve Bitcoin and Bitcoin deserves them. 3. Zuckerberg is a flawed genius his greatest flaw is his terrible taste in laptops. No wonder the graphic interface on Facebook is shit. 4. Retrospectively feels good I never did Facebook.