This is just a observation post.
If we had used the obv support and resistance lines to predict price on the 2h chart we would be spot on..... for "long time"
Ok so done is done. We see that the super steady growth support line in green from even before what people like to call the cryptocurrency bubble (Just like the internet is a bubble.....) This green line is rock steady! and it also crossed with the blue downwards supportline to create a super-support line, which bounced the price back up :)
And I just want to say this:
To all the famous rich people and organizations who lie about cryptocurrency and use arguments like: it is used for money laundering.
Look at this: e24.no/lov-og-rett/t...l-kontanter/24166982
The article above is the Norwegian police (use google translate) saying that they love when criminals use bitcoin/cryptocurrency because they can track every single transaction "IT IS PUBLIC INFORMATION!!!!!"
In contradiction the banks are hiding money for rich people so they don't have to contribute to taxes around the world!!! example: *"Panama papers"
This should be a wake up call to us all!! The rich are not interesting in cryptocurrency becoming currency!! because then their money in the banks will become alot less valuable, and they wont be in control of the value we create anymore!!! BUT WE WILL!!! all the people around the world!! no more stealing from the hardworking man and the poor!!! We will control our savings!!!
This is the threat we pose to them.
“To the people who say bitcoin's a bubble, The real bubble is the insane bond markets and the fake equity markets that are propped up by the central banks. Those are the bubbles.
I would say bitcoin is the pin that's going to pop that bubble!"
FREEEEDOOOOM!
If we had used the obv support and resistance lines to predict price on the 2h chart we would be spot on..... for "long time"
Ok so done is done. We see that the super steady growth support line in green from even before what people like to call the cryptocurrency bubble (Just like the internet is a bubble.....) This green line is rock steady! and it also crossed with the blue downwards supportline to create a super-support line, which bounced the price back up :)
And I just want to say this:
To all the famous rich people and organizations who lie about cryptocurrency and use arguments like: it is used for money laundering.
Look at this: e24.no/lov-og-rett/t...l-kontanter/24166982
The article above is the Norwegian police (use google translate) saying that they love when criminals use bitcoin/cryptocurrency because they can track every single transaction "IT IS PUBLIC INFORMATION!!!!!"
In contradiction the banks are hiding money for rich people so they don't have to contribute to taxes around the world!!! example: *"Panama papers"
This should be a wake up call to us all!! The rich are not interesting in cryptocurrency becoming currency!! because then their money in the banks will become alot less valuable, and they wont be in control of the value we create anymore!!! BUT WE WILL!!! all the people around the world!! no more stealing from the hardworking man and the poor!!! We will control our savings!!!
This is the threat we pose to them.
“To the people who say bitcoin's a bubble, The real bubble is the insane bond markets and the fake equity markets that are propped up by the central banks. Those are the bubbles.
I would say bitcoin is the pin that's going to pop that bubble!"
FREEEEDOOOOM!
Trade closed manually