The Bitcoin Tracking Thread

[Shami-Amourae]

I strongly recommend everyone follow CryptoCapo_ on Twitter. This guy has made some seriously accurate calls lately.
https://twitter.com/CryptoCapo_/with_replies

[vacuum]

@TechDev_52 and @kevinsvenson_ are both quite good. Especially TechDev.

[vacuum]

I’m probably going to buy pretty heavily next week, maybe some family will as well.

Looks like bitcoin will be dominating for a while and then we’ll have alt season again.

Likely bitcoin goes to $250k. Anything above current levels is a bubble so be careful.

[Shami-Amourae]

I’m probably going to buy pretty heavily next week, maybe some family will as well.

Looks like bitcoin will be dominating for a while and then we’ll have alt season again.

Likely bitcoin goes to $250k. Anything above current levels is a bubble so be careful.

I'm not buying anything right now, in fact getting ready to cash out.
Don't expect $250K Bitcoin. Yes it could happen but the market makers give targets higher than the market will go so they have exit liquidity for bag holders.


There's a few more market top indicators too.
Use this. When the lines cross it's an obvious top. Start to exit/sell some when the lines get close to another.

[EE_]

I'm not buying anything right now, in fact getting ready to cash out.
Don't expect $250K Bitcoin. Yes it could happen but the market makers give targets higher than the market will go so they have exit liquidity for bag holders.


There's a few more market top indicators too.
Use this. When the lines cross it's an obvious top. Start to exit/sell some when the lines get close to another.

Another possible indicator.
The Wall Street criminal gang have been pumping cryptos pretty good lately. 1. They must be looking to make a killing. 2. They are trying to keep gold and silver suppressed.
Talk about silver on the business news is non existent.

[Shami-Amourae]

2. They are trying to keep gold and silver suppressed.
Talk about silver on the business news is non existent.

Zoom out on the multi-year charts for Gold. It's in a GIANT reverse head and shoulders pattern (Bullish). Everyone thinks Gold is dead.
If I'm able to cash out a lot of my crypto in the coming months I plan to go heavily into Gold.

[EE_]

Zoom out on the multi-year charts for Gold. It's in a GIANT reverse head and shoulders pattern (Bullish). Everyone thinks Gold is dead.
If I'm able to cash out a lot of my crypto in the coming months I plan to go heavily into Gold.

Good luck in doing that, it sure looks like it's getting close to the time for PM's to rock. PM's are the most undervalued asset in the world right now.
If the market has a major correction, I'd expect PM's to take a hit too. I'm keeping powder dry for that, if it happens.
Our world has drastically changed in the last 10 months. Nothing is safe, nothing can be trusted, everything is a big lie. Corruption is off the charts.
The government has become way more intrusive into our lives then can be believed, and that is only the beginning.

[vacuum]

I’m converting my entire 401k to GBTC tomorrow.

It’s trading at a 20% discount right now.

Around mid November, I’m going to convert it into either grayscale eth, dot, or link.

Then end of the year or possible January, I’m going to convert all that to Sprott gold and silver.

I think that the bitcoin bull run will suppress gold. When the crypto bull run ends and crypto crashes, that may cause a gold bull run, because then gold will be the only thing left standing. Great observation Shami on the massive cup and handle formation in gold.

The amazing thing about the grayscale trust is that bitcoin is at a 20% discount to nav, but by the time mania is happening, it may be a 20% premium to nav. So basically, it increases the bull run by 40%. ETHE is at an 8% discount right now, but it’s been at up to a 300% premium before. So who knows what will happen there.

This is all in the 401k so no taxes on the swings.

[ziero0]

Essen!

https://youtu.be/nG2vlX5xUP8

or

Keep your estate at a size you can digest.

Perhaps crypto currency works because it would be easy on the intestine?

[vacuum]

Buy this dip.

I think the pandemic playbook is pulled out when they need to keep inflation down and suppress the economy so they can print money without inflation consequences.

They really have no choice but to use this method.

Edit: this new moon on December 4th is a solar eclipse. So it could be pretty volatile. Might not be bullish.