The estimates & figures provided by analysts & #TA conducted by the greatest minds in finance/macro & microeconomics are all irrelevant. ANY one of them could be true... however; I'm not here to discuss that. Regardless of the numbers; no matter the projection or figure, all that matters is one thing: the facts all point to a clear general consensus: there is a financial revolution unfolding as we speak and most of us are not even aware.
UPDATED 12/18/18 initially posted 2 months ago. Re-posted with slight modifications/updates.
FIRST AND FOREMOST: here's my UPDATED: 10/30 BRIEF (SHORT) #BTCUSD #technicalanalysis :
- With volume at maximum capacity; #RSI behaving like a tea kettle ready to blow, the market is primed & ready to blow with people exhausted & growing increasingly impatient as each day passes for what has been an abysmal past 3 quarters (all of 2018). When we reach that golden final support # of $5800; that will be the final resistance necessary for us to cross the threshold and transition into what will be without question the biggest/most rapid parabolic gains & movement not dissimilar from this time last year.*
UPDATE 12/18 that golden # for this long-anticipated parabolic run ($5800) never came; so this holiday bull-run we all expected also never did. Not yet at least. However on the other end, we mirrored the BEARISH continuation number ($3700) did... Hence the reason we've seen 2 months added onto what feels like the longest bearish market...what I've jokingly referred to as "hibernation" as of late. I spoke of current market conditions; both on #Wallst & in the #Crypto market.
What we're seeing now is volatility on both. Such uncertainty; coupled with this bottom & market fatigue will lead to a reversal which is coming soon. More likely than not it will be systemic; unlike last year, I would NOT expect a massive run overnight like last year...that ship has sailed.
That doesn't mean it won't happen; it'll just be more regulated, tightly controlled & a lot more like the bull run we saw with the stock market the past 500+ days.
- *DISCLAIMER #TA posted is my personal opinion; (roughly 2 months ago) intended solely for entertainment or educational purposes. Not financial advise. Always consult with your advisor; never invest more than you can afford to lose & set your stop-losses. Trade with your head, not your heart. Good Luck!
Now let me get to the topic at hand. The main reason you're reading this. Using history as a barometer, facts, as well as the geopolitical climate (in large part) while attempting to ballpark factor in something nobody ever does/can do: OTC trading.
Another topic I'll delve into on another post. I've been able to ascertain without a doubt a great op-ed which pretty much sums up #financial conditions & how they influence what is happening as we speak.. Buckle up; you're in for a wild ride!
Unlike last year (q4 2017-q1 2018) there are TWO major differences that make this pending #bullrun WAYY more exciting & also absolutely terrifying, as economists & financial analysts/experts are scrambling... ask any person in the world, be it Warren Buffett or Mark Cuban, every CEO/CFO of the big 4 (Goldman Sachs, AIG, Merryl Lynch, Bank of America, Citigroup) as well as every / any leading tech executive/brain: from Bill Gates to Zuckerfucker to Jeff Bezos as well as the top cybersecurity/encryption and cryptography experts working for the NSA, Pentagon & in the private sector...
MY POINT IS: ANYONE WHO TELLS YOU WHERE $BTCUSD IS HEADING IS LYING TO YOU BECAUSE THERE IS NOT A BRAIN IN THIS WORLD THAT KNOWS WHERE BUT TWO THINGS ARE FOR CERTAIN; ALL YOU HAVE TO DO IS LOOK AT THE FACTS:
So instead of posting MORE TA & more guesses from Bill Gates "I think #BTC is just getting started... one thing is for certain, the next few years are going to be very exciting to watch." to John McaFree's "I'll bite my dick off if #bitcoin does not reach $1 million #USD by 2020; while simultaneously you have #WarrenBuffet "I don't see #bitcoin lasting much longer. I'ts a fad." & #JordanBelfort (the supposed real life "wolf of wall st.") "#Bitcoin is a scam" (putting aside the irony coming from him) let's cut the shit and read in between the lines... take a closer look:
- 1 The introduction & eventual release of #BAKKT come November which is definitive proof that even if the bubble bursts bitcoin will still be listed on the #nyse regardless all you have to do is read in between the lines and see the discounts & sales from your conglomerate retailers including Amazon, Walmart, Target to the third party services like Groupon to see that *they (the big 4 & others who own #wallst & caused the financial collapse in 2008 which is why U.S. citizens are still paying taxes.... $700 billion to be exact: to literally pay for the INTENTIONAL "mistake" with the subprime mortgage loans so that they could get filthy rich, but I digress.
#Bakkt changes everything as it is proof that #NYSE is going to integrate #cryptocurrencies which is bittersweet news. It's great for our portfolios which are set to increase substantially, without a question yet it ruins the very reason & sole purpose of bitcoin/blockchain... it stands against everything Satoshi stands for & is pretty hilarious if you think about it..
#Wallstreet has literally tried to suppress #BTC to the point where they couldn't; when it was worth $500-$10000 worth it was managelabel, hell even the $22k #ATH we saw last year at the apex of the largest #bullish movement / #bullrun we've had since #BTC's inception: incidentally leading to MANY, MANY new users joining. In fact, some of you reading this now are probably only here because of that run. But while that run introduced $BTCUSD to the mainstream; exciting the entire community. It terrified the big 4. Because at $500 #Bitcoin is manageable; yet at $22,000 its officially & literally a global economic disrupter. This is a problem for you if you are the 1%. hate to sound like a paranoid conspiracy nut yet as Kurt Cobain once said "just because you're paranoid don't mean they're not after you" and I am telling you they are looking to capitalize & dominate the #cryptomarkets the same way they have with #NADSDAQ #DOWJOINES #S&W, the entire #globaleconomy so now at $22K per #BTC we have officially now a problem where half a trillion USD is circulating across the global economy & none of it is being taxed or regulated.
God forbid those greedy poor/working class people! How dare you try to keep your own money. Hence, the deals you're seeing; as for every dollar you spend is one less invested & so this goal of theirs: knocking #BTCUSD down to the $5800 range is an attempt at them monopolizing the entire crypto game; while $6800 to $5800 may not matter to most of us, to the people I'm referring to: we are talking hundreds of billions to trillions of dollars. So that $1000 difference in #BTC price will save them more money than you can fathom.
- 2 The introduction & eventual release of #NEXX come Q2 (June 2019) is going to introduce ERC-20 & with #NEO #GAS #ETHEREUM optimized in #HongKong we now have not only the new #binance but an official #cryptocurrencyexchange that is MIND-BLOWING; monopolizing the Southeast / Eastern Asian markets & there you have it:
Think of it like this; you got two currents pushing against each other, or if you're familiar with scientific terminology; geography to be specific: what's commonly known as known as a rip current with the extreme, more intense although smaller flow of water being the minnows *(us, the 99% of people who own #btcusd but aren't the whales a.k.a. 1% who have hundreds(even thousands) of #BTC so trust me when I tell you: this is real as rain.
You're witnessing a financial revolution taking place right in front of you. Literally.
It's happening as we speak. Something straight out of a Tom Clancy novel; it's truly fascinating. The question is: what side of history do you want to be on when they talk about this time period 50 or 100 years from now? I know my answer. Do you?
SET YOUR ALERTS & STOP-LOSSES, ALWAYS & REMEMBER to EXPECT THE WORST...HOPE FOR THE BEST!
PEACE & LOVE
- @a1mTarabichi ☮️💕 Twitter/Linkdeln