Hello my name is Tom
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over .0155 and should be swift move to .03 and .05
GAHC best penny stock chart setup right now, HUGE amounts of sideways cause for a sustained upside run
bitcoin is related to GAHC because bitcoin is based on blockchain and success of bitcoin is success of blockchain is success of entire sector
the higher bitcoin goes, the more it validates blockchain which bitcoin is based on, the more blockchain is validated, the more interest in GAHC.. and the circle continues
bitcoin is a total monster!!! I have never seen anything trade with the strength of bitcoin...
maybe internet stocks in year 2000 like amazon and yahoo... but not much else... the strength is incredible
GAHC video
https://ih.advfn.com/videos/stock-chart/blockchain-stock-gahc-global-arena-holding_TDIK_GgeUE4
Sorry about the audio last 5 mins something didnt record correct
Also watch all this guys videos he is outstanding
The certificate of ownership is your Bitcoin hash code which is a string of characters
If you want to convert it back to dollars you can and it will be transferred back to your bank
There are plenty of YouTube videos on the basics
The only thing about Bitcoin ATMs is I think they charge a huge service charge
I bought some Bitcoin at coinbase . It took 12 days to settle from my bank of America !
Then I transferred my bitcoin to a blockchain.info wallet
I should probably transfer it to a hardware based cold storage
The chart still looks very promising huge amount of cause or energy for a big susatined move
I must admit there is quite a bit of hype on crypto currencies now. But this was also true on beginnings of internet as well, and look how long that lasted, and is still continuing
Some of the concepts are quite mind blowing , ie etherium
if the sec approves the bitcoin etf you will see bitcoin spike to 2700 on one day
highly doubt they will approve the second time around but if they do....
https://themerkle.com/65-percent-believe-sec-will-deny-bitcoin-etf/
I have this idea about making a forum that allows a Bitcoin QR code for each poster to be displayed beside their name .
Thus each poster is incentivised to post high quality content because then other posters can quickly donate Bitcoin to the best posters
What do you guys think ?
I am not sure I would call this parabolic just yet. It it is quite bullish that there is a close at 2000
Now if it goes to 2700 to 3000 in a DAY then we are getting into parabolic territory
I can't wait to get my Bitcoin t-shirt with my Bitcoin QR code printed on the front and back
it is pretty much impossible to pin things down to an exact time frame. But I suppose I could say I would expect a breakout type move by mid to late June at the latest
the same possibilites exist now as they did before, nothing has changed other than the time factor.
as i said we are compressing and there should be a big move to work off all the price energy that has been building
I like the price action today.
recent 2 days price action looks like bullish meeting lines candlestick
stochastics about to turn north
I think the next advance is going to be the breakout advance.
If we get a close anywhere near .0098 today then the trend is changing or beginning to change from down to up,
There is something else going on as well, the price is coiling for a big move
If we hold ground here then the next advance. Even if it starts out modest should lead to a major breakout
I may post a chart later
Astounding performance of Bitcoin
We are within striking distance of 2000 and May is not even finished yet!!!
The forecasts were for 2000 sometime this year
Bitcoin will be 10000 by end of year
And end of next 6ear maybe 100,000
Forced or fluff PRS are not good though , I would rather wait
wow i was right ! bitcoin up 6%+ right now , this thing is going to go parabolic
huge buying opportunity in GAHC at these lows, i think the MM's engineered it so they scan scoop up cheap shares !!!
I think the next leg up is when we break .015
we are compressing in a large triangle
bitcoin is currently compressing in a small triangle
we might see bitcoin at 2000 in short order if it can keep momentum. it is overdue for correction but I think it could be explosive to upside
We could close at .0055 on the weekly chart and the overall pattern is still valid
Gahc seems like it just wants to drift around for some more time .
We are entering the summer doldrums time frame of slow directionless trading.
The bottom line is gahc has 1 year of price cause or energy to work from
I wonder how much the price of Bitcoin would go up if Amazon released a press release saying they now accept Bitcoin. To me that would be the ultimate legitimization of Bitcoin.
I wonder if GAHC ever needs a capital infusion they could do an initial coin offering?
One spark to the rally has been a surge of investing tied to a new method of capital raising being dubbed the initial coin offering, or ICO. The trend has grown sharply in recent months, driving up prices of dozens of cryptocurrencies. Startups are offering bitcoin-like tokens that are tradable, and raising millions quickly. Two relatively well known firm in the sector, Gnosis and Blockchain Capital, raised $12.5 million and $10 million, respectively, recently. But other startups are seemingly materializing overnight, and raising money, prompting warnings from industry insiders that these are highly risky investments, and likely to cost investors money.
longs just need to remember a few points... blockchain is not going away, bitcoin is not going away, on the contrary, both are in the early stages of hypergrowth
not really, there is nothing wrong with this trading action... GAHC appears to want to follow the same trading pattern as BITCF
it did series of spike uptrends, each of which had a deep retracement.
this is the most difficult type of uptrend to hold
I suspect that most will be shaken out
GAHC is trying to shake out all weak hands before blasting to .10 and higher
there is no perfect correlation, it is a matter of time.
Currently remaining sellers are being extinguished, they need to leave first before we can go higher again
What is driving the rise is billionaires and big money realizing that bitcoin is for real and a viable currency, so they want to get positioned now.
And probably US government and other world governments buying huge reserves of bitcoin because they know it will challenge their own currencies in the future !!
very tough question to answer, the length in time of the left shoulder of an inverse head and shoulder pattern are often times the same length in terms of time.
so it could happen before the end of this month, or even by mid May.
But there is no perfect science to this.
GAHC is a little bit like a cold engine trying to get started. It may break .02 only to disappoint and then come back to .015
anything is possible here.
to a certain extent GAHC is riding on the coat tails of bitcoin price which appears to be moving into parabolic uptrend.
But the fact remains that the very large inverse H&S pattern is in in place and in force and will remain so, regardless of what happens anywhere else.
It has a lot of energy to it and at some point that energy will be released in a huge upward surge in price in all likelihood sooner rather than later IMO
blue skies and a nice NEW support shelf at .02
and the same can be said of bitcoin, up 3.5% today and closes above 1600 !!!! wow wow wow !!
GAHC is trading with unstoppable confidence !!!!
stop going up!!! i need to get more shares at lower prices !! lol
The ultimate first goal of all GAHC shareholders in my opinion is to start trading above .02
Why? Because it will convert the .02 level from strong technical resistance to strong technical support on a longer term basis.
The trading action is still very very positive on GAHC.
The low volume today is indicative of final sellers finishing off their campaign from the recent run up.
We are trading in a 3 steps forward and 2 steps back currently.
This was the same trading pattern that occurred in BITCF before it skyrocketed to dimes and quarters.
This trading pattern tries to shake as many as possible off the wagon before it is ready for take off.
It is pivoting back and forth before the big jump just like a pole vaulter.
It will but it is going to be like riding on a rhinoceros