Bitcoin price 010625
This looks really messy, but I have been drawing sine waves.
I have no idea if this is what could happen, but I am drawing an extended parallel channel off this current trend line up to where the green sine wave rises from the low price yesterday.
This is not informed technical analysis, as much as I wish it was, they are just observations.
Random lines with no definite meaning
but that doesn't mean you can't infer something here.
Weekly candles going back to 2024, our $52k floor.
https://charts.bitbo.io/stock-to-flow/
How much higher can BTC really go anyways?
During the past two cycles there was still more to come after this dip.
The color gradient here merely refers to how many days remaining until the next blockhalving, and while history doesn't always repeat it can rhyme. If BTC reaches 200k this cycle, it might resemble 2017's cycle. If BTC doesn't reach quite that high, what might that suggest?
I wish I knew what will happen, but I am just looking at random lines and color gradients. ["Yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro. Likewise the weak hands are like OH NO IT'S GOING DOWN I'M GONNA SELL he he he and then they're like OH GOD [[..]] when the SMART traders who KNOW WHAT [[..]] THEY'RE DOING buy back in but you know what? I'm not part of that group. When the traders buy back in I'm already part of the market capital so GUESS WHO YOU'RE CHEATING day traders NOT ME~! Those taunt threads saying "OHH YOU SHOULD HAVE SOLD" YEAH NO [[..]]. NO [[..]] I SHOULD HAVE SOLD. I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU. You only sell in a bear market if you are a good day trader or an illusioned noob. The people inbetween hold. In a zero-sum game such as this, traders can only take your money if you sell."]
https://www.bitget.com/trading-bot/spot/BTCUSDT
CoinMarkets.Today
BTC market cap dominance in the top 30 is 61.33%, up from 60.95% 2 days ago
The winner in May was HYPE +54.8%, followed by ETH +37.5%, and MONERO up +16%.
This is not financial advice, do your own research.
There are just observations over time.
This technical analysis gives me cause to take more psychiatric meds! However, it is also an excellent example of how fucked the entire market always is. Just buy, hold, and find your jumping off point.
!ALIVE
!LOLZ
lolztoken.com
It's just q with a bunch of silent letters waiting in line.
Credit: reddit
@darkflame, I sent you an $LOLZ on behalf of mirroredspork
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I try to keep my updates simple for that reason,
and use multiple charts to maintain perspective.
https://www.tradingview.com/symbols/BTCUSDT/?timeframe=ALL
It still just looks like one big green candle to me!