Bitcoin Price Thread

Havent done my own research on the material I read yet,but apparently more people search 'Bitcoin' in Brazil than the US.

They also have a history of hyperinflation.

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Interestingly,Turkey and Germany seem to be the next most curious.
 
wxytrader said:
So did all the bad news from yesterday suddenly go away? What can explain this sudden reversal of the reversal? Let me guess, there's some good news now right? lol.
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What caused the sudden reversal, you say? Better than expected CPI. But no need to tell me you knew that all along. Nice try though. :)

This is 1 minute chart. As soon as CPI number came out, BOOM! Most of the move came within that 1 minute. But clearly you knew it all along.

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wxytrader said:
So did all the bad news from yesterday suddenly go away? What can explain this sudden reversal of the reversal? Let me guess, there's some good news now right? lol.
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So back to you again. Why did we sell off yet again? Well, let me guess. Could it be because of FOMC??? (I know you just said, "No shit sherlock!" :))

But, you being you, it doesn't matter because Elliott Wave already figured it all out in advance. :banghead:

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schizo said:
So back to you again. Why did we sell off yet again? Well, let me guess. Could it be because of FOMC??? (I know you just said, "No shit sherlock!" :))

But, you being you, it doesn't matter because Elliott Wave already figured it all out in advance. :banghead:

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It did lol that's my whole point. I was aware of where price can go and not be an anomaly. That's why I wasn't freaking out like all you weak hands. You have to be able to recognize what is an anomaly and what is regular price action. If you listened to Jim Simons he spoke about anomalies all the time.
 
wxytrader said:
It did lol that's my whole point. I was aware of where price can go and not be an anomaly. That's why I wasn't freaking out like all you weak hands. You have to be able to recognize what is an anomaly and what is regular price action. If you listened to Jim Simons he spoke about anomalies all the time.
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We're now trading below the CPI spike. Go figure. As for Jim Simons, I don't think you know what you're talking about.

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schizo said:
What caused the sudden reversal, you say? Better than expected CPI. But no need to tell me you knew that all along. Nice try though. :)

This is 1 minute chart. As soon as CPI number came out, BOOM! Most of the move came within that 1 minute. But clearly you knew it all along.

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All of these "events" are just little blips that are a part of regular price action that is statistically baked into chart patterns.

Think Harry Selden foundation series. :)
 
Bitcoin is starting to piss me off.

I went into this earlier this year thinking it would pop off. It's acting like a biatch like the indexes.
 
schizo said:
We're now trading below the CPI spike. Go figure. As for Jim Simons, I don't think you know what you're talking about.

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Nothing matters until the .382 fib level is broken.

" It is also called the Fibonacci sequence and it can be found across all of nature: plants, animals, weather structures, star systems – it is ever-present in the universe."

Fibonacci levels are natures quant.
 
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