I wouldn't be surprised if we see an explosion to 11'728
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After reaching $11'728 it should stabalize around $10'600
Comment:
It will be entertaining if it actually goes there, to read the comments in other ideas complaing about manipulation. In a way every market is free. Forget for a while about the manipulating in probably every asset, including bonds. Noone is actually if you control a price of an asset too much either upwards or downwards, the manufacturing (or production) of a goods either increase over or decrease below the actual ("real") market demand of that asset. This is not sustainable. The degree of "sustainability" (and how it vary) most probably impacts the price of an asset as it is manipulated (even if it is manipulated in the open and everyone accepts it). A good example of something manipulated that everyone accept is the water supply and the pipes carrying this water. Because of the fact that everyone accepts it to be regulated to be cheap... So the water will get bad or run out, until the prices go up. Remember, "human rights" is concept hard to define. Try to explain why it's a human right to get water and you will fail.
Comment:
Something more that probably is manipulated downwards is food prices, for example milk. Either it gets expensier or the quality or quantity produced will suffer. Soon the deman for quality food increase and since there are none that will go expensive. Sure, I'm thinking in very simple models right now but doing that holds some value also. Simple thinking is also robust thinking.
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Current pattern makes it impossible for BTC to gradually go upwards. All of the sudden you are going to see a spike upwards at more than 40%. Don't believe me?
You will see it happen soon. (this is not trading advice)
You will see it happen soon. (this is not trading advice)
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If someone wines about manipulation please link them here, I'm not looking for subs, just want to make people understand that the manipulators is not 100% in control as many seems to think...
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I think BTC is maintained at this level because the people manipulating it is confident about the gains it will generate afterwards. They are aware about all of the shorts that will accumulate. The price moving in a trend channel that disrespects the trendline is a heresy.
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Federal reserve held an emergency (unplanned) meeting at 4th of October 2019.
After that new QE started.
source: www.federalreserve.g...cy/fomccalendars.htm
After that new QE started.
source: www.federalreserve.g...cy/fomccalendars.htm
Comment:
So now people are talking about the BTC death cross, i.e. the 50 day moving average crossing below the 200 day and also the price meeting at that value. Yes that's a valid indicator but I dont think it matters in this specific case.
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So I dont think this matters... Its a way to trick professional traders into selling
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So I believe the death cross indicator will be faulty.
Trade active:
If you're a believer in cause and effect you must undoubedly come to the conclusion that I for some reason is controlling this market all by myself. If you are happy with this conclusion, be my guest and go on with that isf you so want... On the other hand if you see the absurdity of me controlling this market there is one small leap of unintuitive thinking that you will have to adapt to and get used to - that the future is in fact affecting the past. This is called retrocausality and is currently a (very small) field of research (at least officially).
So history is never really written, as it can actually change. All of the sudden we have 6 fingers instead of 10 and noone will remember it. Also this would increase the potential and complexity in evolution since organism can theoretically sense their coming death, probably subconsciosly. This may explain why all of the sudden birds decided to become birds (otherwise there would have been no reason to evolve feathers).
So history is never really written, as it can actually change. All of the sudden we have 6 fingers instead of 10 and noone will remember it. Also this would increase the potential and complexity in evolution since organism can theoretically sense their coming death, probably subconsciosly. This may explain why all of the sudden birds decided to become birds (otherwise there would have been no reason to evolve feathers).
Comment:
Google quantum computer should be able to stop me from manipulating the hole market, if I actually was doing that. You actually have no other opinion then to open your mind to the possibility of future affecting the past. In the middle of the brain there is a part called "pineal gland". This is rumored by many spiritual people (hindu concept) to be involved in the "third eye". This is very old ideas and believe it or not modern research has found the pineal gland being covered in photo receptive cells. So this should make the every day aetheist a bit uncomfortable... This is probably our antenna to recieve and precieve things that seems impossible. This is probably the organ that realize the function to make evolution coevolve between different parallell universes, for evolution to learn and show increadible creativity, previously evplained by the concept of "intelligent design", due to its remarkable ingenuity.
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I just got a message from the human hive mind tha BTC will top at $11'770
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Hehe for real, haha... Not kidding at all, just funny obvious hive mind communication. Someone talking about something else and semmingly accidently talking on behalf of the human hive mind about Bitcoin it seems like. I'm getting messages.
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Future affecting past creates resonance and just like in a guitarr where the volume is increased, in this case the pillars of reality rumble and create funny side effects. So obvvious, we are in one big fractal everyone of us. Both doing bidding on behalf of our own free will but also for the fractal hive mind collective.
Comment:
This idea only covers a short term analysis of BTC. So a "top" refers to something in the short term.