Orriginal.Crypto's avatar
Orriginal.Crypto
orriginal@nostr.com
npub17lpp...zeru
Really sad to see that if you do not pay a relay on demand, you get nothing but probalens afterwards. Oh wel 0 SEE YAAAAAAAAAAAAAAAAl
#Bitcoin Daily PA is currently topping out att he same Price range as previously, around 64200. This is NOT a Higher high currently, however, a sign of strength is that we walked through that 236 Fib Circle ( red) with no problem..Look what happened previously. Today and tomorrow will give us a better idea of what to expect and let us not forget that the DXY Support Group chair (The FED ), Jerome Powell is talking today. So, Lets sit tight and Wait..... If he signals further Rate Cuts, that could propell markets....But then again................ image
If you in that INJ trade..Time to pay REAL attention now... Long term holders will still win out even if PA Drops and then recovers image
I've never been Zapped and so, like a teenager, I tried it myself. NEVER try and Zap yourself ! image
Bitcoin Daily Heiken Ashi This chart also showa ua how BTC is coming under pressure and entering a "Squeeze" with an Apex in Early Oct. PA ALWAYS reacts before that apex. Once this breaks out, trading ALT Coins, even in BTC pairs will become harder. So, Keep your eyes open. We ARE close to the next BTC move. Close being anytime between now and Mid October. image
Hello NOSTR - Primal Can we make Groups on here ? Could be very handy
We all Earn money making things that other people who also earn money making things, will buy. On paper, thats great. But over the history of this age of man, it has become centralised. Large Corporations and Central banks are the principal Keystones now. They now run entire countries and take them to war if required. Your Prime ministers, Presidents, Dictators - > They ALL answer to these. Do not Kid yourself and believe otherwise.
4 days until @cz_binance is released, 5 days to Uptober. I do think there will be an "Event"
Have you run out of Cash to buy more Bitcoin ? Did you know, you can trade your BTC for an ALT and once that ALT has finished climbing, you Sell it back to Bitcoin...And you Get MORE bitcoin that you had before. The same principle as trading to USDT etc And here is one such possibility INJ / BTC INJ was a BIG gainer till Dec 2023, when it began to cool off to its now very oversold position. And it is possibly ready to go again.............We need to see if it breaks out of that channel.....And when it does, you can see the heights it can get to. It is also avery Strong Project in its own rights.. So......TRADE SAFELY image
Is it normal for PRIMAL to have just flooded my Browsser - so much so , it closed down ?
#Bitcoin Daily Rejection is on the cards here but in a good Way. PA may come back and test 61K area as support while PA cools off a little. However, on the lower timeframes, the MACD is near Neutral so this may offer Support. PA has yet to break out of Long Term Range and we are all still waiting for a higher high and Higher Low. Start the drum roll ......slowly......... image
So, I do not do politics and evven less so for the USA - BUT Kamila Harris has said she will fight for Digital assets The uneducated will think thats Crypto IT IS NOT, IT IS FOR CBDC's Educate everyone you know....PLEASE
While talking about MVRV Z Score - I have been posting abot how simialr the Bitcoin PA is from the 2013 ATH to the 2017 ATH The MVRV Z Score pattern in simialt to. The two image are below. Very similar points. The Arrow on the 2013 - 2017 show what we have just done, but on a smaller scale
I want to show you View of #Bitcoin without showing you the actual PA of Bitcoin. This is called MVRV Z Score. it stands for Market Value Raslised Value Z Score. MVRV z-score shows the market value's relative position to realized value. MVRV going high means Bitcoin is overvalued ( Desired) ; going low means undervalued, ( being less desirable). ( Bitcoin market value - Bitcoin realized value ) / market value standard deviation = MVRV z-score Realized value is the sum of value when all Bitcoins last moved The Zscore ( Green) crosses over the MVRV ( yellow) in a real Bull run and tends to lead to ATH The image shows the period from 2019 to Now. - Note how the Z score got near crossing the MVRV in 2019 ( Arrow ) , retreated and then came back up over at a later date Also note how the Z Score Peaks BEFORE the PA ATH ( was in March 2021 ) See how it peaked on the 1.272 Fib line. Then look over to the Right and the Current play. See how Z Score has come up and tried crossing over the MVRV and failed, same as it di did 2019. This time it did that on the 1.414 Fib line and possibly did so with the push of all the BTC ETF purchasing. So, while we are producing a similar pattern, things are slightly different. The climb from 0 ( Green lake, VERY under valued ) currently, has been slower and more controlled. The Real question here is how far the MVRV will retreat. See over on the Left, it came back all the way to 0 by March 2020. Ignore that, it was the Covid Crash and very quickly recovered. However, the drop to the 0.239 is Valid and we need to see if we get there again. Currently, we have just bounced off the 0.618. That is the realised Value climbing..Or more profit.... Another thing to note here is look how Volatile Both periods are compared to the majority of the Time. We are definatly building up to something here... image
#Bitcoin has been banging up against resistance all weekend, as suggested on Friday and we are now very possibly about to see a draw back. Look at that Candle for today.. That shows a Lot of indecision. Now, I maybe being Hopeful here but we could print an inverse Head and Shoulders pattern. - BULLISH A Measured move from that takes us to 74K usdt ~And it has to be said, that despite all the Bleating last week about how "This is It" and "Bull Run returns", we are STILL IN RANGE since March this year. IF this Inverse H&S become valid, it will take us to the upper trendline of that range... where there is a WALL toi cross Do not get me wrong, We Will do it...But I am not going to dance and say we have escaped the range....untill we have escaped it. And it has to be said, the RSI is high on 1 and 4 hour and Daily charts TIME TO COOL OFF MAYBE - untill that happens, Lets keep our eyes open image
#Bitcoin Daily As ever, PA halted on the red 236 Fib circle - Not to sure how long this will last but it give PA time to cool off after its push higher since 7th Sep. As mentioned in previous post, PA is Still in Range Zone and so we wait to see what will happen next, probably late on sunday / Monday IF BTC PA continues to cool off, this is an excellent chance to Stack SATS by trading BTC Pairs, if you are into that sort of thing. BNBBTC pair is showing a good chance right now. Enjoy image
Bitcoin will hit resistance around 65200 We will have to see if it breaks through or not
This push by Bitcoin, If it continues to around 76K or more, Fits PERFECTLY with the 2013 -> 2017 Fractal I been talking about for the last 2 years. It is going to stop following it one day but untill then, It is working.. SUPERB - becaue if this continues to the end of the Fractal, that is near 900K USDT by DEC 2025 I can live with that image
So, You got some Bitcoin but you want more Problem is you do not have any more Money to buy some. SO, TRADE BTC PAIRS And right now, the BNB BTC pair is oversold and has room to move higher. ALWAYS trade carefully and understand how Charts work image
Bitcoin Daily PA on resistance line now and needs to break through that to be able to proceed and be ready for tomorrowas announce ment from the DXY support Group ...err...sorry...>The FED..... There is talk of a possible No Change to rates which will upset some and possibly hold the $ above 100 All to play for here image
XRP has been one of the most manipulated, under performing assets in the last 2 years and now we hear of the possible emergence of an XRP ETF. WHY WOULD ANYONE DO THAT ? However, the Future could be bright for XRP as we hear of the potential use of XRP by the BRICS countries ( again, WHY ? ) But here is the Chart of XRP More of a stable coin if you ask me. p.s. RIPPLE is one of the leading companies involved in creating CBDC's woprld wide. DANGEROUS image