Oddbean new post about | logout
▲ ▼
TheGrinder | 17 days ago (raw) | export | reply | flag +9 
 Bitcoin needs to consolidate. We've gone up too fast
Sideways chop above 88k (.1.272 expanded FIB level) would send a super strong signal suggesting 100k before the end of the week. A pullback to 85k however would be healthier and make more room for the next leg up. 

🍿 time
▲ ▼
Dr. Fernando Morales | 17 days ago (raw) | root | parent | reply | flag 
 58k one last time would be nice
▲ ▼
TheGrinder | 17 days ago (raw) | root | parent | reply | flag 
 Yeah but I seriously doubt that. Then again, I never expected us to shut down the economy for a flu either.
▲ ▼
Dr. Fernando Morales | 17 days ago (raw) | root | parent | reply | flag 
 Black swan
▲ ▼
TheGrinder | 17 days ago (raw) | root | parent | reply | flag 
 These days anything seems possible. But without an unexpected economic event I'd say we wont see sub 60k again. Ever.

¿Acabas de despertar o sigues despierto?
▲ ▼
TheGrinder | 16 days ago (raw) | root | parent | reply | flag +1 
 that was quick. 85 bounced like a fucking rubber ball on steroids.
nostr:nevent1qvzqqqqqqypzqmn477tj8972x227pax2p77xawwv0xlgtwha644ax7pzpj5wae6wqythwumn8ghj7un9d3shjtnwdaehgu3wvfskuep0qydhwumn8ghj7un9d3shjtnwdaehgunsd3jkyuewvdhk6tcqyqqy9h5u93eguxjty2806273n8exh9fsutdnp4w7n2jjhyj0jqzryn4juat
▲ ▼
minestr.app | 17 days ago (raw) | root | parent | reply | flag 
 nostr:nevent1qqs8avvzlkqpjx89h77ava0m43hcsmv3tqwlc4wyvs3vql9hz2792rcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygxlu7gurfw8q25ugdpsez7xzz005gdg7vpkd82huspg7gjhv7qelypsgqqqqqqs6wxs63
▲ ▼
TheGrinder | 17 days ago (raw) | root | parent | reply | flag 
 I agree though I would like to see Bitcoin catching the 25 MA. Currently sitting at 80k. If Bitcoin goes back to 70k we've lost the entire momentum since the breakout.