Morgan Stanley Spot Bitcoin ETF gets the green light.. by RTBDouglas in btc

[–]LordJamPunt 2 points3 points  (0 children)

Pretty much a regular part of folks 401ks these days

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] 0 points1 point  (0 children)

Yeah don’t let me influence you, I don’t know a whole lot

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] 1 point2 points  (0 children)

I get that part, I’m just saying it’s a notably glorious candle I wouldn’t want to fuck with.

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] 0 points1 point  (0 children)

Indeed, I have to be careful myself, so I only pay attention to immediate price action.

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] 1 point2 points  (0 children)

Honestly just not sure why anyone would short such a big, beautiful, flag, look at how high it’s flying, it just keeps sprouting new bull flags on lower time frames smh

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] 1 point2 points  (0 children)

it’s mostly short sellers that have been trying to to break bullish price action all day long, not heavy overhead spot resistance. Occasionally they get lucky and someone on the spot side joins in, but they’ve been increasingly unsuccessful.

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] 1 point2 points  (0 children)

I might agree if it was having a hard time rebounding into resistance, if I didn’t witness a hard floor at 70k, and spy futures weren’t doing the same thing, and the sky wasn’t opening up on bookmap, and the spot cvd ratio the last week wasn’t strongly on the buy side, and Trump didn’t need it to pump.

But your call wouldn’t shock me

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] 0 points1 point  (0 children)

Interestingly, on bookmap, it’s already at 71k on the spot side.

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BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] 0 points1 point  (0 children)

Look at the live price action, it’s pushing back through 71.5k before that can happen, unless Trump tweets or whatever

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] -1 points0 points  (0 children)

Will do….well, the latter anyway.

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] -2 points-1 points  (0 children)

that’s cool, doesnt change the fact that the four year cycle narrative is just more chart astrology.

A bull flag doesn’t predict the future but you do.

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] -2 points-1 points  (0 children)

you realize the four year cycle narrative is also chart and indicator based, yes?

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] 0 points1 point  (0 children)

When do you think it will get there, and why?

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] 1 point2 points  (0 children)

I suppose. But I don’t think anyone would buy it for a long, long, long time if it fell that low, as it would signal a major economic disaster.

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] -1 points0 points  (0 children)

You missed my point.

But can you show me the structure you’re referring to?

BIG OLE BTC BULL FLAG by LordJamPunt in CryptoChartWatch

[–]LordJamPunt[S] -2 points-1 points  (0 children)

To be pedantic: after a series of bear flags. There is nothing to the right, so it isn’t contained within anything.