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+--- Thread: BTC reaching decisive moments (/showthread.php?tid=6225872)
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BTC reaching decisive moments - Crypto - Oct 26, 2022
BTC is now precisely testing the Daily 100 moving average & the Weekly 21 moving average, after breaking out of the trend lines (since mid august 2022 & nov 2021).
This is so far looking fairly bullish, atleast a bullish test of the moving averages, however could easily turn out to be a false breakout for sure.
RE: BTC reaching decisive moments - SUI-3183372 - Oct 26, 2022
I'd be cautious with that optimism. The world is fucked, economies are fucked, there won't be any major inflow of money into crypto for quite some time. I wouldn't anticipate any significant bull run in the remainder of 2022. I have no optimism for 2023 either.
RE: BTC reaching decisive moments - Cooligan - Oct 26, 2022
Has the 52 week high indicated at any golden crosses yet? Any death crosses?
RE: BTC reaching decisive moments - xPlutus - Oct 26, 2022
3 day supply sitting at around $29190. Weekly structure is bearish, daily structure is bearish.
If we see a daily break and close above $32427.5 then the daily structure switches bullish and we could be seeing a mid-long term weekly pullback.
If price doesn't close above $32427.5, we should be anticipating to go short and target the weak daily low sitting at $17593.2 since the daily swing ranges are still bearish.
Just that the MTF (4h) is looking bullish, does not mean we're going back to the ATH again haha.
We'll see how it plays out in the coming 2 months and we're still waiting for price action and the big guys to show their hands.
RE: BTC reaching decisive moments - I ɴ ᴄ ʀ ᴇ ᴅ ɪ ʙ ʟ E - Oct 26, 2022
The situation is like no air in the atmosphere yet leaves are squashing. hmmm, something is fishy about this 7% increase in yesterday's price.
RE: BTC reaching decisive moments - u8898731 - Oct 26, 2022
I'm not getting my hopes up as far as a bull coming back. I'm leaning towards 2023 being another bearish year, still good levels to DCA if you're long term with no holdings but not excited about 2023
RE: BTC reaching decisive moments - shreder - Oct 26, 2022
What you should be watching is ETH which started the movement upwards. Ethereum is leading the entirety of the market right now.
RE: BTC reaching decisive moments - SIM-1169085 - Oct 26, 2022
(Oct 26, 2022 06:39 PM)shreder Wrote: What you should be watching is ETH which started the movement upwards. Ethereum is leading the entirety of the market right now.
ETH is still less then half the value of BTC.
It hasn't gained any market cap value over BTC.
In fact BTC has gained more market cap value then ETH with this latest surge.
Insane how you can sit here and claim that a Crypto Currency with less then half the value of Bitcoin in market cap is leading the entire momentum of the market upwards.
It's ludicrous that you can come to that conclusion. ETH actually used to be a little more then half of Bitcoins Marketcap before the merge but it's actually LOST value against bitcoin and is now less
BRAINWASHED LITTLE MAN
By your own little man logic Doge Coin is leading the market momentum.
![[Image: kdBQdwv.png]](https://i.imgur.com/kdBQdwv.png)
RE: BTC reaching decisive moments - kumquatmus - Oct 26, 2022
Are there any big buy ins for the past couple of days?
RE: BTC reaching decisive moments - shreder - Oct 26, 2022
(Oct 26, 2022 06:48 PM)Chomies Wrote: Buy more ETH
ETH is winning and you hate it, looks like my comments really rustled your jimmies. Watching you go into a psychological meltdown in your replies is hilarious.
RE: BTC reaching decisive moments - Vibe - Oct 26, 2022
Such a crazy market right now I’d take any normally signs with caution
RE: BTC reaching decisive moments - Omniscient - Oct 26, 2022
(Oct 26, 2022 08:09 AM)BV1 Wrote: I'd be cautious with that optimism. The world is fucked, economies are fucked, there won't be any major inflow of money into crypto for quite some time. I wouldn't anticipate any significant bull run in the remainder of 2022. I have no optimism for 2023 either.
https://www.coinwarz.com/mining/bitcoin/halving
I'm basing my pricing view on the Halvening. I expect real movement to begin 6 months before the next halvening which isn't until May 2024, so nearly a year away. BTC might even test $10k.
RE: BTC reaching decisive moments - RsGoldKing - Oct 26, 2022
Relax its just kanye west dumping his $140 million on crypto because he got kicked by his bank
RE: BTC reaching decisive moments - SIM-1169085 - Oct 26, 2022
(Oct 26, 2022 07:02 PM)shreder Wrote: ETH is winning and you hate it, looks like my comments really rustled your jimmies. Watching you go into a psychological meltdown in your replies is hilarious.
Winning how?
ETH has been a huge loser considering everything they’ve been trying to accomplish and NOT actually doing.
Enjoy getting dragged around like an untrained dog on a leash.
Keep barking doggie.
This is not upsetting for me. Every time you post and call me or someone little man I start laughing so loud and people near me ask me, “why are you laughing” You should’ve bought Doge Coin since it’s leading the entire market momentum right now. Literally baboon mentality. [warn]
RE: BTC reaching decisive moments - Crypto - Oct 27, 2022
(Oct 26, 2022 07:30 PM)RsGoldKing Wrote: Relax its just kanye west dumping his $140 million on crypto because he got kicked by his bank
If his banks are denying him service, It would be unlikely for him to dump his crypto tbh.
(Oct 26, 2022 07:07 PM)Vibe Wrote: Such a crazy market right now I’d take any normally signs with caution
Yup, definitely trade with extreme caution right now. Calculate your risk management!