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What da hellza matter with you? I don't use no Dog Poop for my search! :D https://www.google.com/search?q=Top+10+blogs+on+Python+for+Trading&oq=Top+10+blogs+on+Python+for+Trading

This is what I mean by smart money shaking out scared money before taking price higher or lower. Happens all the time, in all time frames. And this is what I'm expecting on the daily chart before we go up in earnest.

Unless you're an impeccable market timer, I would suggest you sit tight and wait. It might be a while, but it will come down. I'm banking on 21,700.

Just wondering how the debt payment is handled. Do you still make a monthly payment on the interest? If so, does it come out of your wallet or do they deduct from the collateral? What happens if BTC drops in value, as in $66,000 to $20,000, thereby reducing your principle equity? (Similar to a...

Oh, man, I ain't sure I even understood everything you wrote but I appreciate your explanation all the same. :thumbsup: My not-so-sophisticated thinking goes something like this. Even if you hold your BTC in your cold wallet, the value of that BTC is dictated by the price traded on the market...

I ain't saying it will tank immediately. I think we will eventually head up to 25,000. After that, it can get pretty dicey. I'll let you know when I sniff anything funny. :)

Here's what I think will happen. As we clear above the line drawn below, newbies will think BTC will have finally turned the corner. Naively IMO. That would be the best way for the smart money to entrap the gullibles amongst us. Smart money always like to violently shake out any weak hands...

I share your enthusiasm but you gotta tread carefully. I know nothing about the fundamentals, but speaking from the technicals, BTC isn't completely out of the dark yet. First, there should be a HIGHER LOW, which we haven't seen yet. Hence why I was advocating for a pullback earlier. Also, we...

Amen to that!

I don't know enough about the underlying mechanism of Bitcoin to comment on that. But, after having traded equities and futures markets for 30 years, I can say with confidence that there's nothing new under the sun. It's all driven by human greed and fear. And might I add, EVERYTHING REPEATS...

Hmm, I ain't too sure about the way how our Congress functions, especially since the day the mobs ransacked the Capitol. It seems most of the politicians are more interested in toeing the party line and fattening their own belly than serving the interest of the nation they're sworn to do...

We hit the previous resistance at 22,780 today. The question then is, will we continue to shoot for the moon or will there be a pullback (possibly down to the support at 21,500) before heading up again? What's happened in the last 2 weeks is complete parabolic and I feel we're pretty extended...

Well, Uncle Sam would become a fool in the eyes of the entire world and he would never be trusted again. That would probably hurt the nation more than the crushing debt itself.

But there's nothing in the clause that says the U.S. must pay it's debt. It only states that it's "validity" is beyond doubt and shall not be questioned (whatever that means). Anyway, we all know that clause is dependent on what the Congress does. If they don't raise the debt limit, as you...

Where are you getting this info? Show me the link.

Actually, I can still get downright stubborn--even these days. It's a hard habit to break. I think it's the doubt factor that clouds the judgment, not so much the need to be right. After all, we're all in this to make money, not just to stoke our ego. But when the crucial time comes, we freeze...

Man, you're quick to jump to conclusion. I said "even IF...". :)

And would you believe it? I used to wear a permabear badge myself. :D The problem is that a lot of traders are inflexible. Once they set their mind on one direction, they rather see their kids go hungry than to change their minds. Sad, really. :(

Here are some of the lines in the sand. I think we'll eventually hit 33,000 though. I feel pretty optimistic after today's runup.