Cyph3rp9nk on Nostr: So symmetrical, is it the human condition that creates this symmetry? Or is it the ...
So symmetrical, is it the human condition that creates this symmetry? Or is it the math behind bitcoin?
I don't usually post charts, it's not my job, but that given that traders are often charlatans sometimes a little perspective is needed. Over 20 years of looking at charts, even if it's not my job gives you some experience.
Never look at 4 hour charts, or even one day charts. Bitcoin is a macro asset, focus on the weekly and monthly, the rest is noise.
Last time I posted bitcoin was at 16k, I noticed there was a very powerful bullish divergence on the weekly, it was just a matter of waiting.
The logarithmic macd is just an easy way to see price action, to see market dynamics and trend if you don't know how to see it through candles. Inertia is important, it is hard to change inertia and inertia is clear on both weekly and monthly.
On the other hand, between 20k and 30k there was hardly any volume traded, it is good that we keep this zone as long as possible, this is how price is built in a price discovery process.
Lastly, don't use charts to trade, Bitcoin is not traded, Bitcoin is a way of life, a Religion, a Passion, Bitcoin is the Truth. Just use the charts to put some perspective to the world around you, DCA and sleep easy.
I don't usually post charts, it's not my job, but that given that traders are often charlatans sometimes a little perspective is needed. Over 20 years of looking at charts, even if it's not my job gives you some experience.
Never look at 4 hour charts, or even one day charts. Bitcoin is a macro asset, focus on the weekly and monthly, the rest is noise.
Last time I posted bitcoin was at 16k, I noticed there was a very powerful bullish divergence on the weekly, it was just a matter of waiting.
The logarithmic macd is just an easy way to see price action, to see market dynamics and trend if you don't know how to see it through candles. Inertia is important, it is hard to change inertia and inertia is clear on both weekly and monthly.
On the other hand, between 20k and 30k there was hardly any volume traded, it is good that we keep this zone as long as possible, this is how price is built in a price discovery process.
Lastly, don't use charts to trade, Bitcoin is not traded, Bitcoin is a way of life, a Religion, a Passion, Bitcoin is the Truth. Just use the charts to put some perspective to the world around you, DCA and sleep easy.