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re: Official CryptoTalk Thread

Posted on 7/26/21 at 2:38 pm to
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 7/26/21 at 2:38 pm to
Posted by Scooba
Member since Jun 2013
20006 posts
Posted on 7/26/21 at 2:41 pm to
quote:

$40k


Posted by Whichwayisup
Member since Jun 2021
454 posts
Posted on 7/26/21 at 2:43 pm to
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1413 posts
Posted on 7/26/21 at 3:04 pm to
Whoa... that took a 180 really quick.
This post was edited on 7/26/21 at 3:05 pm
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 7/26/21 at 3:18 pm to
Tesla didn't sell or buy any more Bitcoin before June 30
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1413 posts
Posted on 7/26/21 at 3:20 pm to
And that Amazon rumor was indeed just a big fat rumor.
Posted by TigerDeBaiter
Member since Dec 2010
10681 posts
Posted on 7/26/21 at 3:21 pm to
Ok, now this looks to be a rejection of $40k

Fug
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82094 posts
Posted on 7/26/21 at 3:26 pm to
Back down we go

Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82094 posts
Posted on 7/26/21 at 3:28 pm to
quote:

Ok, now this looks to be a rejection of $40k

No, Amazon squashed rumors and it dropped fast after smashing through $40k.

Do you TA people think literally everything is a TA analysis?
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1413 posts
Posted on 7/26/21 at 3:29 pm to
Well… today didn’t go as planned…
This post was edited on 7/26/21 at 4:06 pm
Posted by Scooba
Member since Jun 2013
20006 posts
Posted on 7/26/21 at 3:31 pm to
quote:

Back down we go


And just as fast.
Posted by TigerDeBaiter
Member since Dec 2010
10681 posts
Posted on 7/26/21 at 3:54 pm to
Naw, faster
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 7/26/21 at 4:05 pm to
Shhhh
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 7/26/21 at 4:17 pm to
I dont think you understand what TA is.

TA is reading sentiment and attitudes by interpreting what people are doing rather than what they are saying.

It's entirely possible for you both to be correct. It rejected 40k because Amazon shut down rumors and now people think everyone is going to sell again.

This is why you cannot make macro analyses with TA in crypto; its so sensitive to news cycles that a bull or bear flag a month ago could be entirely irrelevant now.
This post was edited on 7/26/21 at 4:18 pm
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 7/26/21 at 4:22 pm to
Here is the answer to the question you asked yesterday:

LINK
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 7/26/21 at 4:33 pm to
bruh we nearly had a 35% move in 6 days
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 7/26/21 at 4:35 pm to
damn right around the same time period in 2018 too
This post was edited on 7/26/21 at 4:37 pm
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1413 posts
Posted on 7/26/21 at 4:38 pm to
Just wondering where our resistance/safety net is.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 7/26/21 at 4:44 pm to
well I'm a buyer under $35k right now, but we will break 40k in August. pretty confident in that
Posted by TheDuke5524
Baton Rouge
Member since Jun 2015
1413 posts
Posted on 7/26/21 at 4:54 pm to
Same. And for ETH under 2k as well.
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