Discover and read the best of Twitter Threads about #BitcoinDay
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One small step for #Bitcoin, one giant leap for mankind.
Today, humanity takes a giant leap forward in promoting human freedoms, improving financial inclusion, and securing economic stability + economic opportunity for all.
Happy #BitcoinDay ✊♥️🇸🇻
Today, humanity takes a giant leap forward in promoting human freedoms, improving financial inclusion, and securing economic stability + economic opportunity for all.
Happy #BitcoinDay ✊♥️🇸🇻
Today, a developing nation is protecting against the monetary expansion from central banks and the spillover that large-scale printing of dollars has on the quality of its citizens lives by embracing a monetary system built upon a peer-to-peer network and digital signatures.
Today, a developing nation subscribes to a monetary policy defended by a distributed network.
One that cannot be altered by any central bank, government, or 3rd party.
An asset with an issuance rate known from day one and a fixed supply that was established before its launch.
One that cannot be altered by any central bank, government, or 3rd party.
An asset with an issuance rate known from day one and a fixed supply that was established before its launch.
I’m in San Salvador on #bitcoin day. Starting this thread to keep you posted.
My feeling as of this moment: we are witnessing history.
My feeling as of this moment: we are witnessing history.
First thing: obtain the #bitcoin newspaper. We have the feeling that more bitcoiners had this idea.
At the protests now, around 150 people at the square protesting against #Bitcoin
22/
#Bitcoin
What a fun 3 days. If you enjoy Rollercoasters you're in the right place.
About that bad news: all the signals lined up and you saw the expected. The Histogram turned red & the MACD crossed;below the 0 line. This pushed the price to the next Support level of $28.8K
#Bitcoin
What a fun 3 days. If you enjoy Rollercoasters you're in the right place.
About that bad news: all the signals lined up and you saw the expected. The Histogram turned red & the MACD crossed;below the 0 line. This pushed the price to the next Support level of $28.8K
23/
Major Support turned into Resistance and price even fell to the next Support for 1 day but this is how the Market will fake you out. Shorts are not in-the-money (ITM) and neither are those who opened up Put Options.
Major Support turned into Resistance and price even fell to the next Support for 1 day but this is how the Market will fake you out. Shorts are not in-the-money (ITM) and neither are those who opened up Put Options.
24/
Now what?
You still are looking for the things mentioned in 20/ to happen as well as a Daily close above Major Support of $34K. You are also watching for yet another potential "Fakeout" as the MACD/Signal line looks to cross back over one another.
Now what?
You still are looking for the things mentioned in 20/ to happen as well as a Daily close above Major Support of $34K. You are also watching for yet another potential "Fakeout" as the MACD/Signal line looks to cross back over one another.
10/
In Technical Analysis, you will never be 100% accurate but being close is good enough. The drawings was a little off but any Analysis will always need to be adjusted.
Over the past few days we saw a breakthrough the Support but only to return above it. This is a 'Fakeout.'
In Technical Analysis, you will never be 100% accurate but being close is good enough. The drawings was a little off but any Analysis will always need to be adjusted.
Over the past few days we saw a breakthrough the Support but only to return above it. This is a 'Fakeout.'
11/
What's next?
#Bitcoin is still trading in between the Bollinger Bands and as the Bands contract and the Averages change you will have a breakout.
Good News:
More volume
RSI above 50
Histogram still positive
Bad News:
MACD lines below center line.
What's next?
#Bitcoin is still trading in between the Bollinger Bands and as the Bands contract and the Averages change you will have a breakout.
Good News:
More volume
RSI above 50
Histogram still positive
Bad News:
MACD lines below center line.
12/
If price can break and close above the MID B.BANDS you can expect a price surge to the Upper Bollinger Bands. If not, more retracements as technically the Daily Trend is still negative.(MACD is below the 0 line)
If price can break and close above the MID B.BANDS you can expect a price surge to the Upper Bollinger Bands. If not, more retracements as technically the Daily Trend is still negative.(MACD is below the 0 line)
#Bitcoin
Over the next few 2-3 DAYS you will see the MACD lines possibly cross one another. It could also trend sideways as traders are expecting the 'cross.' If the MACD/Signal line cross expect a price surge to $45-50K.
Current Resistance is @ ~41K.
Major Support $34K
1/
Over the next few 2-3 DAYS you will see the MACD lines possibly cross one another. It could also trend sideways as traders are expecting the 'cross.' If the MACD/Signal line cross expect a price surge to $45-50K.
Current Resistance is @ ~41K.
Major Support $34K
1/
2/
Over the next few days if #BTC price can close above the 200 Day Moving Average or MA you will see a price surge up near the 50/100 Day MA's.
Watch for the Histogram to turn Green or *Positive and watch for 'Fakeouts' as the MACD & Signal lines are both below the 0 line.
Over the next few days if #BTC price can close above the 200 Day Moving Average or MA you will see a price surge up near the 50/100 Day MA's.
Watch for the Histogram to turn Green or *Positive and watch for 'Fakeouts' as the MACD & Signal lines are both below the 0 line.
3/
Weekly data > Daily data
The RSI is in Oversold conditions on the WEEKLY at a reading of 37.
70-100 =Overbought
30-0 =Oversold
The good news is that the Weekly Trend is still in Positive territory.
Bad News is the Histogram.
Trends are separated by Timeframe and the 0 line.
Weekly data > Daily data
The RSI is in Oversold conditions on the WEEKLY at a reading of 37.
70-100 =Overbought
30-0 =Oversold
The good news is that the Weekly Trend is still in Positive territory.
Bad News is the Histogram.
Trends are separated by Timeframe and the 0 line.
