Bitcoin Price Thread

semperfrosty said:
Is it still $9.99 per month if I join today? The premium package I mean.:D
More...

:)
Charts are the membership fee! The more charts posted the more promotions one gets to gain access to view charts from other members who are also contributing. Currently, all charts are available for just logged in users. If we start getting participation then can have different tier levels of access. That's the idea but nobody seems interested so just using it as my own personal journal right now...actually even if you only use it for journaling its an awesome platform...much more versatile than typical forum software. You can look up all your charts by name, or tags you created so its really efficient.

upload_2024-4-19_4-30-51.png
 
Last edited:
wxytrader said:
OMG lol. Forget everything you thought you knew about bitcoin and TA. Done? ok. First thing you need to realize is that none of that shit matters. Halvenings don't matter, tether doesn't matter. The price is going to finish its cycle before moving on. I think that takes us all the way to July at least. Last halvening it went nowhere for months if I recall...same when El Salvador went all in. I don't pay attention to any news so I might be off a bit.

Anyway, we are right on track as expected. Now the only question is will this be a single or a double correction? I can't remember the last time Bitcoin did a single so I'm expecting a double at least.

I posted this on April.13 but had it charted since the beginning of April after calling the top at 72k.

View attachment 338508

View attachment 338505


To see full continuity of the TA login @ https://community.swingcharts.com/
More...
Your stupid arrogance has no limit.

And it appears you are attracting similar ones to your site. No surprise there.

GL
 
SunTrader said:
Your stupid arrogance has no limit.

And it appears you are attracting similar ones to your site. No surprise there.

GL
More...

Come on Sunny, I'm just messin with ya :)

Every pattern that we have come to recognize is showing you the ebb and flow of price action. A triangle before charts wasn't a triangle, it was just a bunch of decreasing ranges. (imagine the persons reaction who first charted the data and saw the triangle!...Magee?) Oddly enough whatever factors that are causing buying and selling to react this way continues to happen repeatedly. So when I say the chart is determined, I am saying that the chart patterns we have come to recognize are the result of repeated buying and selling that create the pattern. It is so common that we can start to predict it. EW takes that to another level...the Renaissance fund took it even further.
 
Last edited:
wxytrader said:
Come on Sunny, I'm just messin with ya :)

Every pattern that we have come to recognize is showing you the ebb and flow of price action. A triangle before charts wasn't a triangle, it was just a bunch of decreasing ranges. (imagine the persons reaction who first charted the data and saw the triangle!...Magee?) Oddly enough whatever factors that are causing buying and selling to react this way continues to happen repeatedly. So when I say the chart is determined, I am saying that the chart patterns we have come to recognize are the result of repeated buying and selling that create the pattern. It is so common that we can start to predict it. EW takes that to another level...the Renaissance fund took it even further.
More...
No, you're just arrogant, ignorant(see next sentence) and dismissive of anything that you believe, ATM, is superior.

As for RenTech using EW, you keep repeating that without a scintilla of anything to back it up.
 
SunTrader said:
Price, volume and open interest needs to be looked at synergistically.

If price is down but volume and OI are both up that is bearish but

if price is down but volume and OI are also both down that is bullish and finally

if price is down with volume up but OI down that is neutral.
More...

Volume is THE most useless indicator at showing potential price direction.

SunTrader said:
No, you're just arrogant and dismissive of anything that you believe, ATM, is superior.

As for RenTech using EW, you keep repeating that without a scintilla of anything to back it up.
More...

Pattern recognition and probabilities IS Elliott wave theory.
 
wxytrader said:
Volume is THE most useless indicator at showing potential price direction.

Pattern recognition and probabilities IS Elliott wave theory.
More...
Volume is the most useless indicator .... to those who don't know how to understand it properly.

And I've been using EW prolly since you were in diapers.
 
SunTrader said:
Volume is the most useless indicator .... to those who don't know how to understand it properly.

And I've been using EW prolly since you were in diapers.
More...
Care to share how you use it?
So far what I've got from WXY is that from here the price might go up or it might go down. Depending on where it goes we can fit a wave to it.
 
i wonder why the price is going up

exponentional tether printing surely has nothing to do with it

Just know that you are participating in a ponzi scheme and if you don't cash out in time, you will be left with nothing.
Z7IxPmi.png
 
You must log in or register to reply here.
Back
Top