
toateotihuacan
@t_toateotihuacan
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toateotihuacan

The panic could be severe, given market conditions are creating job losses at an accelerated pace. Expect overcorrection and place stink bids. But fair market value for bitcoin remains at a floor of ~85k per: en.macromicro.me/charts/29435/bitcoin-production-total-costSo anything below 85 is pure discount. Good luck.

toateotihuacan

Using log fibs, we can find a target for gold for this breakout. Inflation is more severe than the government is reporting--based on M2 and hidden spending--so perhaps gold will finally have its moment of glory. Buy gold, keep it in hand, and be prepared to defend it.wtfhappenedin1971.com/

toateotihuacan

Jumping across the creek would confirm wyckoff-reaccumulation and trigger an all-in scenario, causing disruption in financial markets everywhere. Housing market is cooked, and people will begin to sell their homes in exchange for a fraction of a coin, leading to inflationary pressures that the US Administration was never equipped to handle. Evidence of their incompetence is found in their handling of the trump meme coin, which exposes more corruption than any optimistic man is willing to admit. God have mercy on us all. Bullish on xbt. Bearish on political and socio-economic stability.

toateotihuacan

Bitcoin facing resistance at 106K. Will complete rising broadening wedge, flash crash to scare noobs, and continue up to 280K. Good luck.

toateotihuacan

Major trendline linear support (currently) @37K..50 fib at 44K. Could be months to resolve.

toateotihuacan

This looks like a giant bullflag to me--call me crazy. 55K holding and retesting 69K was evidence of the health of the bitcoin market, but we still need a bit more momentum to make new highs. Let's swing to the next fib and continue from there, shall we?

toateotihuacan

I like the 2-Day chart best for clarity. Stop everyone out at 64K, scare the wall of worry one more time and continue upwards into unknown territory. No breakouts yet as evidenced by the continued decline in volume.

toateotihuacan

Linear fibs show buy support at 51K, but the halving will shock the supply such that the price will be forced to double shortly thereafter. Current cost to mine one bitcoin is ~50K so a fair price for bitcoin should be around 80K after many miners give up their rigs at a loss. Just spit-balling here. Posting chart for retrospective. How's WWIII treating you so far, anon?

toateotihuacan

Stop Run Whipsaw BTC Looks like a convincing breakout to the upside, which could provide enough momentum to hit the .786 fib before running the opposite direction, stopping the longs out for maximum pain before the halving. What do you think?

toateotihuacan

Bitcoin has served its purpose. Bringing greed and gluttony to a decadent world. All to bring about the new world Beast system. Bitcoin isn't a lifeboat. It is a dance hall in the middle of the Titanic.I really should buy that homestead about now.
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