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    Baron's Crypto Trading Journal

    Well you do know that he is resigning now, right? Timing is suspicious don't you think? He will stay around till end of year, but the announcement timing certainly is suspect. https://fortune.com/2024/02/29/vanguard-ceo-tim-buckley-retiring-33-years/
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    Do you use Pivot Points and High and Low of Day S and R areas?

    Thank-you for the very thorough write-up!
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    When will the current surge in Bitcoin end?

    There is no way to do the right thing. Going down the bitcoin rabbit hole, I learned that the current model requires growth and inflation. If you take on a debt, you need to make principal and interest payments. The only way for this to happen is for there to be more money next year. If the...
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    Bitcoin Price Thread

    Oh right..... it was him who tweeted it... you are definitely in the loop! It might just be Qatar apparently from what I'm reading just now...
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    Bitcoin distribution

    There is a popular meme going around Twitter about how Bill Gates listened to his buddy Warren Buffet's advice to diversify his Microsoft shares. If Bill hadn't, he apparently would have been a trillionaire. I can't verify those numbers, but just passing it on.
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    Bitcoin Price Thread

    Who wants to read bullish news??? https://www.zerohedge.com/markets/mystery-whale-has-quietly-accumulated-over-3-billion-bitcoin-15-months Its not written in the above article, but I remember reading somewhere that everyone is waiting to see which country is the next to announce bitcoin...
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    Do you use Pivot Points and High and Low of Day S and R areas?

    Thank-you for all the info. I don't want to keep "shaking you down" for information too much... but I'm curious to ask about how it works with your trading friend. Does he use different types of charts and hence sees things a little differently? Is his personality more suited for taking risks...
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    Do you use Pivot Points and High and Low of Day S and R areas?

    I'm shocked! I know nothing about this type of bar, but its interesting how closely it matched up with what I finally plotted. Thanks for the explanation. Yes, I do see that. And had you entered on either of the earlier opportunities, price would have gone against your entry both times. Of...
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    Do you use Pivot Points and High and Low of Day S and R areas?

    Thanks for the detailed explanation. About the chart... I took quite a bit of time to figure out how to get mine to look exactly like yours. I noticed your bars had no wicks, and finally figured out its a bar chart, not a candle chart, but bars which only show high and low. Not every single...
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    Do you use Pivot Points and High and Low of Day S and R areas?

    Interesting. Can you comment on why you were looking for a short the second time it came down, but you took a long when it came down to this line the first time? Does it have something to do with how it came down? Or simply that you thought if the direction was still up, it shouldn't come down...
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    Do you use Pivot Points and High and Low of Day S and R areas?

    Most recent chart, and I goofed, I meant 7:24 not 7:40. It dipped again to your black line, slightly poked, but rallied again. I'm just curious about your trigger to enter a trade. It seems you just need to see a couple of green bars at a key area. It's of course often better to be early...
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    Bitcoin Price Thread

    It's no different than when Robinhood froze buying GME shares because too many hedge funds were short and bleeding. Can you really not buy Bitcoin still? Has the glitch now been fixed? I would buy the ETF then if you can just so you can have price exposure, and then swap out to buying Bitcoin...
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    Do you use Pivot Points and High and Low of Day S and R areas?

    I finally figured out what you are calling the high of yesterday. For me, I call this the overnight high. If we use Eastern Time as our time zone, stocks stop trading at 4pm, and everything shuts down for an hour at 5pm. From 6pm, they technically call this already the next day. So anything...
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    Do you use Pivot Points and High and Low of Day S and R areas?

    I tried to look at the area that you show on your chart myself, but I can't for the life of me find anything that matches what you have. I don't have any day this week that has a high of day at 17986, nor can I find an area that goes up to 18016, which is the highest point on your chart that...
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    Bitcoin Price Thread

    Some will always sell, no doubt about that. But what I wonder about is the mechanism for these ETFs. They apparently buy at the end of the day, but how do they hedge their lack of exposure throughout. Suppose you take in $50m over lunch time at a price of $65k, so that is 769 bitcoins you...
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    Bitcoin Price Thread

    I am replying to this exact quote again because of what I just saw posted on Twitter.... Now I'm not sure how good her intel is, or how we could even measure what "big OTC desks" even means in terms of all selling participants, but never before in history were we ever able to enforce supply...
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    Do you use Pivot Points and High and Low of Day S and R areas?

    The white lines and little numbers, does that refer to contracts? It looks like you shorted 7, and hence why it says -7, and then say 0 after you exit. Then you went long, and once again, shorted on the last trade? Is this correct? If so, that is some pretty good trading! It barely went...
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    Bitcoin Price Thread

    I just think of volume as the accusations that exchanges were trading against themselves. Or we could even use NFT sales as giving a false market to potential buyers. If you can use five different accounts and show how an nft sold five different times for an ever-increasing price, then you...
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    Is the crypto winter over?

    I hope so... I need to spend my last few dollars.
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    Bitcoin Price Thread

    I personally don't see how important volume is. In-flows in my opinion is what counts. If the day ended up being zero inflows but a ton of volume, then to me that means it's a balanced market. Obviously each day is still having positive inflows, but a bunch of stops getting triggered which...
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