Cryptocurrency Cryptocurrency - Page 794
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  1. #7931

    Ddraig Goch

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    Quote Originally Posted by scooterscot View Post
    When Bitcoin gets to it's previously all time high ($14k not $20k as is commonly believed) - pile into the alts. An alt-run begins as BTC price action returns to the previous high, which is imminent (i.e. weeks).


    WAsnt it $20K?
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  2. #7932

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    Quote Originally Posted by psychocandy View Post
    WAsnt it $20K?
    not really, that was just intra -day trading, Bitstamp, Europe's largest exchange never went about $19.3k. The media called $20k, but it never really reached that. Maybe for minutes.

    The whole rally to $19 lasted hours $17k about 72 hours. The real high was defined by areas of support & resistance, which is around $14k on the dot.

    When $10.5k is broken and becomes support, money will flood into the market at a silly rate. After $14k alts will feel the benefits of the new bull market.

    Institutional investors throughout quarter 1 of 2020 have increased their holdings considerably against previous quarters.
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  3. #7933

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    Quote Originally Posted by scooterscot View Post
    The whole rally to $19 lasted hours $17k about 72 hours. The real high was defined by areas of support & resistance, which is around $14k on the dot.
    Why are you trying to redefine things to fit a narrative?

  4. #7934

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    Quote Originally Posted by psychocandy View Post
    WAsnt it $20K?
    Wasn't it $100k? I'm sure someone said it was going to be $100k by last Christmas?
    And the lord said unto John; "come forth and receive eternal life." But John came fifth and won a toaster.

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    Everest isn't 29,000 feet.

    It's only 17,000 feet because that's the support area.
    Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

  6. #7936

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    Quote Originally Posted by TheGreenBastard View Post
    Why are you trying to redefine things to fit a narrative?
    Is there a cryptoprize for the best answer?
    Quote Originally Posted by Bean
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  7. #7937

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    Scoots may well have the last laugh if it does do another moonshot.

    Although I'm not sure who's going to propel it this time. I can't see joe public piling in like they did in 2017.
    Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

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    Quote Originally Posted by scooterscot View Post
    Institutional investors throughout quarter 1 of 2020 have increased their holdings considerably against previous quarters.
    Evidence?

    (I'm under 4 foot tall, as I'm typically sat down and that's my support area).

  9. #7939

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    Quote Originally Posted by Paralytic View Post
    Evidence?.

    Gerne



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  10. #7940

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    Quote Originally Posted by TheGreenBastard View Post
    Why are you trying to redefine things to fit a narrative?

    The narrative I can't take credit for because the facts belong to the chart, not the media. Candle wicks tell a story, bodies tell the facts. No matter the market, candle bodies are where decisions are made.

    $14k is when money floods the market, not $20k.





    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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