faboose

faboose Updated 

This is it everyone, the moment we've all been waiting for. ----- Act I - The Drop ----- Bitcoin battled it's way back to the gates of Valhalla, all the perma bears, no coiners, peter schiffs of the world have watched the performance of Bitcoin since March and killing themselves for not buying. That is why this next move is setup perfectly. We have buyers that...

faboose Updated 

It doesn't get anymore bullish that this, billionaires and hedge funds signaling what is to come. Even more so with crack downs around the world on illegal exchanges (ETF soon looks likely). I wouldn't bet against the vast sum of cash on peoples books looking for somewhere to generate even more return. GL

faboose Updated 

March 2020 - covid world shutdown/collapse, destroyed all TA on all charts for all markets fearing a liquidity squeeze on the massive amount of debt/leverage in the world. For bitoin, the only event it has had that has been that close to a doomsday is when Gavin released the fork that we not speak of. Therefore overlay said event with March, this is what we...

faboose Updated 

But everything gonna be fine... This V rally will be great to get some cheap reverse trades.

faboose Updated 

Wanted to get a quick update out here. We've been beating against this trend for quite a while now. Recovered the end of the world dump, halving was pretty much a non event, and the real faketoshi proved the real faketoshi (again? lol) 13k on the break up. If we fail breaking up here (or stall at 10.5k), we're going back to test 6k and continue to build a...

faboose Updated 

GDP numbers Unemployment Earnings Housing Sales/Price/Builds plummeting Come on down

faboose Updated 

To begin - all the best wishes to everyone hope you're safe with your family. ---------------------------------------------- It's Almost April 2020 - The story is the same. The fake fiat system backed by nothing allowed itself to grow so fat they began to sing "Cash is Trash" 2019 was the most epic short squeeze/phase of euphoria we have ever seen. And it's only...

faboose

After the markets are done pillaging travel - tech is next. AAPL is going to get destroyed, the last 10 years? LOL the only innovation that took place in that boardroom was how to extract as much cash as possible. Why do you think they always had such a big stack? Jobs rolling in his grave, wad they do since? No imagination, no innovation, nothing. More of the...

faboose

Sooner or later the trunk snaps and this thing comes toppling down. I rather be like Buffet sitting on my cash ready to buy, than sitting long.

faboose Updated 

BYND Is not going anywhere in this space, but the current valuation is insane. Looking to do 250 million in sales, there is no way the current valuation ~14 billion makes any sense. The only thing allowing this to pump the way it has is the stock lockup which has been hands down the best decision their CFO has ever made. Either way, there is insane reward...

faboose

This is an emergency broadcast - please if you're in the area of this message buy Bitcoin now. Don't buy Alts Buy Bitcoin Don't be Stupid Your Welcome.

faboose Updated 

Who knows, maybe Bitcoin is actually in the Leprechauns' Pot which is why we can never find it. This is a great time to average in to a position/accumulate (stackingsats) for the next big leg up. I don't think we'll see it start to build until Fall, so not a race here. Put in bids, have your auto buys on and walk away with some extreme alerts. Just don't give...

faboose Updated 

Supply keeps growing, production keeps growing. Everyone is trying to sell now while they can get these prices. Many US producers who have contributed to the huge run up in supply production are profitable at ~30USD/barrel. They're very happy to keep pumping. Opening the next round of shorts today. GL all~

faboose Updated 

As in, we're not going to go make a new high from here as we did in May. News is PBOC is going to manipulate Yuan in a way the world will be OK with. Well, the problem is that is not what kicked this move off, the new round of tariffs and feeling of no progress in trade talks. That has not changed. Also, suddenly we're happy about them manipulating their...

faboose Updated 

China talks next week. Fed talks / rate decision next week. We could have Tariff Man return. Getting cheap shorts and insurance.

faboose Updated 

As Chubs says from Happy Gilmore "Just tap it in" All you need to do here is give Bitcoin a little Stacky-Sat-Tap. Put in your bids and average in to position for the next leg when Fidelity and Baakkt launch their exchanges in Q3/Q4 (cointelegraph.com). GL

faboose Updated 

Title and chart says it all. GL~

faboose Updated 

US producers are going to war with OPEC. There are many companies that are profitable at $30/barrel in the states. They're ramping up production. DXY is still trending up as well. (I) Supply and Demand. Demand shrinking Supply increasing at a cheaper rate = Price drop. GL :)