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Rin's 5 min take on Bitcoin


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2021 Feb 27, 7:59pm   8,736 views  149 comments

by Rin   ➕follow (13)   💰tip   ignore  

In another thread ...

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.

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149   richwicks   2021 Mar 20, 7:45pm  

B.A.C.A.H. says
richwicks says
I 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.


My vet pushed me to put down one dog. He was right. My dog wasn't suffering at the time, but he would be, in a month.

I used to jokingly (and it was a joke!) threaten that if they went under the operating table and didn't survive I'd come for him. I should see my vet again, he was a good friend, but when I put my last dog down and picked up her ashes, it just kind of wrecked me.

One of my dogs had adenocarcinoma - he caught it. Gave her another 4 years. Having a pet reminds you how short life is. It was good to be a caregiver.

I'd like to make money being an animal caregiver, but nobody wants to pay for that. That would be a great experience though.

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