I have laid out my most likely scenarios for BITCOIN over the next 3 weeks! I see the upper bar pattern as the MOST bullish scenario and the lower bar pattern equally possible due to TAX SEASON coming to an end around a week into APRIL! GL OUT THERE!
...... im getting destroyed on my shorts absolutely demolished ahhhhh its ok we are more overbought than march of 2020 now..... & losing is apart of the business n a good reminder as to why it always makes sense to trade on a long time frame & straddled covering my puts? .... are u kidding me? i'll sell my calls though.. (if not, im homeless, after...
Wealth inequality in the last 200 years has been the highest in human history. This is based on various records, estimates, and just a bit of common sense. And for 200 years the public has been looking for magic tricks that sound like "lose 50 pounds in 2 weeks with no effort". The public enjoys job security and have a government that provides for them, but does...
Retail sales data, industrial production data, and capacity utilization data for March all came in quite a bit worse than analyst forecasts today. The Empire State manufacturing index for April also hit a record low, falling nearly 40 points more than expected. Bankruptcies are also piling up this week at a much faster pace than last week. Publicly traded...
Here's a look at inflation during the crash, the following bear market, and then some ideas past that. Basically deflation during the crash, then inflation should keep increasing from there over the next 3 years, and the next 20 years.
"A sense of joy" is what all scammers, frauds and other miners like me are calling the events of these past few weeks. The possibility excist that XMR will be directly related to future tax rates. As theft thru taxes is increasing so will be those wanting to own Xmr.
Capitulation is basically when Miners stop mining and sell some of their bitcoins to keep operations going. However Capitulation is more likely to occur at the end of every annual year now due to regulation and taxes. It is easier to calculate loss/profit by shutting or slowing the network down and washing your hands so to speak. Power consumption costs are higher...
The CAD has experienced a long bullish run and it is approaching a known supply area. There is some weary news coming up for Canada in the near future ( I think we all know what that is). In combination with that, Canada has a minority government when fiscal policy intervention is heavily needed. The CHF has been struggling, but I think this isn't due to medium to...
The Internal Revenue Service has stated that in years past they have received several hundreds of cryptocurrency filings per annum. They have also stated their intent to implement a crackdown on tax evasion via crypto , as well as having published a PDF made available on the Coinbase Pro site , stating that digital currency amounts to property , and as such every...
The I.R.S. has been rather clear about their intentions to collect taxes on cryptocurrencies , yet vague about in what fashion to do so. Many in the crypto community bought some of their first coins on coinbase basic, despite their exorbitant fee's and wild point spreads , and coinbase as well as coinbase pro (gdax.com) , being U.S. based companies have been...
Recently , it can be said with no doubt that crypto and it's current bear winter have been unkind to Asia , specifically China - where mining companies are going bankrupt, where ASIC'S that were high end not all that long ago are being sold for scrap. Thusly, many miners and owners of mining pools HAVE NO CHOICE but to sell their BTC , likely other MINED...
Greetings once again BTFD members, lurkers and first timers! Weclome to the greatest show on Earth right now!!!! Its been a really fun and exciting path towards finding the TRUE value of Bitcoin since the rather over-inflated peaks of December and January So what is the true value of bitcoin? its different for every person to be frank and thats why its having...
Seasonal factors...??? Who says we don't pay taxes on time.
Daily RSI is showing overbought, which was expected. I'm in the opinion that we might see a short dip back down to 6500-6000 as some investors may take profits off of this little pump to pay their taxes. But after this dip, and after the 17th, I expect the money to come pouring in. Especially with the big boys in the market now that the OTC buys aren't available,...
2 ways up 2 ways down Which one suits you?
"Wall Street at fresh record highs with tax revamp in sight" www.reuters.com
if any candidate with simple tax wins revenue weak below weekly 200 ma macd crossed see our book on amazon same name psychology of clearing of past trading mistakes rsi week rbi and percent r bottom money flow weak
We've arrived at heavy demand area. Pair should reman consolidated until we encounter a solid reason to break through this level or bounce up. Seems like situation will be simillar to the one when we were at this price level previuosly /yellow square @ Feb 2014/, yet the outcome might be opposite. I'd suggest playing it safe&technical now = from support to...