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My last Muttville dog passed away a few years ago. Probably will adopt another one before too long.
said the liar.
because: best performing asset!
onvacation, soon, the 20k peak during the last cycle will just be a tiny blip on the chart!
G36 saysSmart Bitcoin investors hodl and appreciate those institutions
Why?
richwicks saysI put so much into mine that when they died, it just destroyed me in that area. Worst thing I've ever done was ending my dog's life.
I was very sad when I lost them. One of the best things I've ever done was ending their suffering. I was very sad, but had no difficulty making that decision. Their vets agreed with me. Loved them too much to make them suffer. I think they would do the same for me.
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Just for some fun, I've decided to run a weekly price bar chart, with Fibonaccis on the whole thing ...
Here's the scoop, now that bigger institutes, along with the retail traders are into this speculation, there are actually trading zones for this thing because there are lots of players, not just the penny stock speculators.
So since last week's bearish candle engulfs the prior week's bullish one, we're on a retest of the price near the 0.618% Fibonacci retracement level. If that level holds, we have a bounce in place ... ready to go.
If it falls through that region w/ no intraweek support, then it falls to the next trading zone, and so on.
For this to be a bust, it needs to get back to the baseline.
I suspect that the big fish will issue a huge buyback in the 23K range, if not earlier (29K-35K). Sure, this thing may evaporate in the future if the concept of digital gold doesn't hold but between now and then, this is a trader's entity.