Bitcoin trend

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George1010
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Bitcoin trend

Post by George1010 »

So far it appears that Sol got us of Bitcoin on Time it appears to be putting in lower highs. I for one am glad i banked profits. what do the rest of you think?

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Tamsenw
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Re: Bitcoin trend

Post by Tamsenw »

Glad to have followed Sol’s advice. I hope he let’s us know if there is a time to get back in!
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Budge
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Re: Bitcoin trend

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George1010 wrote: Fri Jan 22, 2021 12:15 pm So far it appears that Sol got us of Bitcoin on Time it appears to be putting in lower highs. I for one am glad i banked profits. what do the rest of you think?

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When you see Lindsay Lohan extolling the virtues of BTC (as she did recently), you know you've reached the perfect contra indicator.

As the world is locked down you cannot use "the taxi driver giving you stock tips" indicator.
..whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government..
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SOL
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Re: Bitcoin trend

Post by SOL »

When the time is right we will get into it, Patience and discipline are key to everything in life. Until then there are many other opportunities brewing. We wait for the stocks to come to us, we don't chase them no matter how great they might appear to be
When the words short term appear under any post; the same conditions listed in the Market update under the short term category apply

The end is always near; its the beginning and how you live each moment that counts the most
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AstuteShift
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Re: Bitcoin trend

Post by AstuteShift »

Once you see the Tik Tok investors stating how easy it is to make money then you know the top is near

The masses always chase euphoria, like addicts they can’t get enough
bpcw
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Re: Bitcoin trend

Post by bpcw »

Budge wrote: Fri Jan 22, 2021 1:09 pm
George1010 wrote: Fri Jan 22, 2021 12:15 pm So far it appears that Sol got us of Bitcoin on Time it appears to be putting in lower highs. I for one am glad i banked profits. what do the rest of you think?

Image
When you see Lindsay Lohan extolling the virtues of BTC (as she did recently), you know you've reached the perfect contra indicator.

As the world is locked down you cannot use "the taxi driver giving you stock tips" indicator.
Yes, this is a very good indicator, the common man who wouldn't ordinarily invest in anything or someone/organisation that is appealing to the common man, such as Lindsay Lohan. The BBC news here in the UK is quite a good gauge too. I remember back in 2011 just before gold topped, them having a report suggesting that according the "experts" it could go a lot higher.

You tend to get a spike higher before the blow off top as the masses buy in, then a dead cat bounce and a series of lower highs/lows. The top players need time to sell their positions gradually!

Whether this is the final top I don't know but there are murmurings coming from certain sources, such as Christine Lagarde that could be indicating a near term end: https://www.coindesk.com/ecbs-lagarde-w ... nitiatives
The person without the Spirit does not accept the things that come from the Spirit of God but considers them foolishness, and cannot understand them because they are discerned only through the Spirit.
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Budge
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Re: Bitcoin trend

Post by Budge »

bpcw wrote: Fri Jan 22, 2021 1:40 pm
Budge wrote: Fri Jan 22, 2021 1:09 pm
George1010 wrote: Fri Jan 22, 2021 12:15 pm So far it appears that Sol got us of Bitcoin on Time it appears to be putting in lower highs. I for one am glad i banked profits. what do the rest of you think?

Image
When you see Lindsay Lohan extolling the virtues of BTC (as she did recently), you know you've reached the perfect contra indicator.

As the world is locked down you cannot use "the taxi driver giving you stock tips" indicator.
Yes, this is a very good indicator, the common man who wouldn't ordinarily invest in anything or someone/organisation that is appealing to the common man, such as Lindsay Lohan. The BBC news here in the UK is quite a good gauge too. I remember back in 2011 just before gold topped, them having a report suggesting that according the "experts" it could go a lot higher.

You tend to get a spike higher before the blow off top as the masses buy in, then a dead cat bounce and a series of lower highs/lows. The top players need time to sell their positions gradually!

Whether this is the final top I don't know but there are murmurings coming from certain sources, such as Christine Lagarde that could be indicating a near term end: https://www.coindesk.com/ecbs-lagarde-w ... nitiatives
Good old Beeb - what a bunch of wankers! Rumors are beginning to circulate over here that taxing unrealised capital gains may be on the table.
..whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government..
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Re: Bitcoin trend

Post by bpcw »

Budge wrote: Fri Jan 22, 2021 1:09 pm
Good old Beeb - what a bunch of wankers! Rumors are beginning to circulate over here that taxing unrealised capital gains may be on the table.
On the Beeb, couldn't have put it better myself! :D
The person without the Spirit does not accept the things that come from the Spirit of God but considers them foolishness, and cannot understand them because they are discerned only through the Spirit.
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