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If BTC hits $10k, which it is sniffing on now, we open approx $13.30-$13.50 at least.
There is a strong chance this goes off over $13. The last EH trade was at $13.20!
I don't think it's a scam at all. Consider all investment alternatives. Right now, the stock market is the place to be -- even though rates have risen like 8x since the 2016 election. Personally, I think the Fed was a tad too aggressive. We should have been a good .5 to 1.0 lower. I know what all the charts say re: recession - they've been calling for one since 2016!! - but IMO, this is a very unique environment and you can't read the charts like before. The 'experts' simply do not know what to make of a true, organic recovery built on top of a government pump of a pseudo-recovery. That's why their predictions have been so so off. We are technically in what should be in the downturn of the economic cycle, but we are behaving as if we are towards the front growing of the cycle. The USA is the only decently-sized country that's been in expansion mode these last few years. And we have a few more tricks up our sleeve. All that said, BTC is a terrific hedge against any downturn, a great store of value and the way of the future across the globe. The more folks who get into it, the less the whales can jack it. As of right now though, I like the volatility.
Today looks to be another good day, so far for GBTC.
GLTA
IMO, as soon as it hits 10k, it will quickly rise to 13k, then on to 20k. The next couple of years are going to be really, really good. As always on the way up, there will be pullbacks and buying opportunities, but they will be brief and successively shorter due to the upcoming halvening.
GLTA
I think you could be correct. The trend is up. I wouldn't want to be out over the weekend, no matter what it does tomorrow!!
I think it's possible it will open a tad higher than that.
The last extended hours trade went off at 11.97.
Hahaha, right?!! Like WTF?!! ha
The real close was about 11.83-5.
Any predictions on how soon BTC hits $10k? I give it less than 2 weeks. It'll be kept sideways a little while, I believe, conserving energy to power the next move and let the RSI relax a bit.
Who did?? Are you not paying attention to the trajectory? We're floating around the 9k mark, just a few hundred from the high of the year!! HODLers and flippers are doing more than fine. No one loses here but permanent sellers.
Great day everyone!! There's more to come. $$$
HODLing along.
GLTA
Such a terrific weekend!!!
$9,300 just printed.
Good times ahead.
How fun is this?!! I kind of feel bad for those who always sell on Friday afternoons, worried about holding over the weekend. The chase will be on come Monday morning. There will always be ups and downs, but the TREND is UPPPPP!
I agree with you Quiet Storm. Thinking more along the $20k area. Ups and downs along the way, but the trend is set. It's UP.
IMO, this will shoot up as fast as it went down yesterday, just like it's done quite a few times over the last couple of months.
If folks can't handle the ride, they should get off the roller coaster and find the Merry-Go-Round! :)
It's sitting close to 8k now. Manipulators gonna manipulate for your shares. They'll keep trying, knowing fully well the trend is up and the halving is less than a year away. BTC drops as easily as it flies. Keep in mind, where it is right now is where it was a mere 5 days ago. About a month ago we were less than half of where we are now, even after dumping a few hundred. Big picture.
IMO, buy and holders are going to do as well if not better than traders who don't time well. If you time well, more power to you!
GLTA
What goes down must come up, and so she rolls. FWIW, flat is boring. :)
Just wondering how soon $9k becomes the new 'base'.
GLTA
I think you are right. I was thinking $32 by September. It's funny how folks get all happy and feel justified when it drops $400. Like that's some big call. LOL
Keep in mind where we are and where we came from just a few short weeks ago. We did this EXACT DANCE with a $4-600 swing up and down at 4000, 5000, 6000, 7000, 8,000 --- so why would 9,000 be any different exactly?? Be smart. Big picture. There is room for traders and HODLers on the GBTC Express! Know your strategy(ies). The short, medium and long term trend is UP.
GLTA
This was great fun watching it go up well over $9k. Profit takers and bot work caused the 'dump', which is OK to cool off the RSI a bit. This is up solidly over the next few days, easy. Today showed us where it is going and what will be it's new 'base'. This year and next is going to be such fun!!
GLTA Go GBTC!
If this keeps up, GBTC opens over $12 for sure. Glad I held through. I feel bad for anyone who didn't hold over the long weekend. If you want back in, you'll be chasing. Any shorts are screwed.
GLTA
Can I get get a 'OMG!!' here??
Welcome to the next leg up. Rinse and repeat. The trend -- is our friend. Official run -- not yet begun -- next week should be fun.
GLTA
Still wondering where BTC and GBTC will be on Monday. I think it might be a stellar long weekend. We shall see.
Legitimacy - one Big Box adopter at a time! AT&T now accepting BTC.
I can't wait to see where GBTC is on Monday. Folks always jack the PPS on a long weekend. Fear will keep many from holding over the long weekend. IMO, this weekend will see BTC take off to the upside. Might not happen until Sunday night, but I think it's going to happen. It's amazing to listen to the naysayers -- as if the rest of us can't see the long term trend an don't follow the charts ourselves.
GLTA
What makes you think the Dow will crash to 18,000? Fundamentals are strong, we finally have organic growth under Trump. Technicals are out the window - which is why 'the experts' keep getting it wrong - because they don't know what to do with a REAL recovery on top of a very expensive government bought and paid for pseudo recovery. By now in the cycle we should have been turning way down. Instead, Trump is serving up gains Obama only dreamt of. It's a very interesting economic situation. When everyone kept calling for a recession in 2017, then 2018, now 2019, they keep being wrong. I'm glad I placed my bets opposite 'the experts'. It's all 'beats expectations' 'surprisingly strong', 'better than anticipated' yada yada. Sure, we will recede eventually as cycles go, but our cycle just started under Trump. Record high confidence levels across the board, low inflation, solid numbers everywhere else. Folks don't seem to get that. It's like they keep listening to the MSM try to depress them into thinking we are going down. We're not! Not yet. IMO
Articles come out talking about it and those articles instill fear that makes it happen. Just like the government feeds the narrative, certain big players feed the narrative here. This is why you have to do your own DD and research. Because players gonna play. It's the end of the game that matters. Take advantage when they knock the PPS down and BUY. When it runs, SELL. It's just a game in the interim. We all know this is going to the moon. HODLing is a good strategy too, IMO.
This 'crash' is just a pullback to let the RSI cool off a bit. Predictable. Don't be surprised if we end the day higher. It could happen. IMO, within the next week or two BTC could be surpassing $9,000. That could happen just as easily as $7000 in the short term. Ultimately this is going up.
I bought more today. I don't mind the ups and downs at all. I know the trend is up.
If that happens, I'll be loading the truck. A few trucks actually. I think today might have set the low. We shall see.
Interesting bit of divergence - the GBTC price versus BTC price. A bit of manipulation I'd say. I expect a rise any time now.
We could open $8500 tomorrow. The trend is your friend. A down day here or there doesn't matter at this point. It's UP from here. Looks like all predictions as to price might come true earlier than planned.
Fingers crossed.
LOL
New HOD!! Here we go....
Some good news today -- https://www.amazon.com/Journalists-Hire-How-Buys-News/dp/1944505458
More good news today -- https://finance.yahoo.com/news/bitcoin-comes-whole-foods-major-140056487.html?fbclid=IwAR3Na6quRZ1ta1HHnQ-SBxrINZLmHe3yBWuj1nRSE-lWKA9D3yAykUiuh6I
Plus the conference.
Seems like lots of inputs daily to justify this. Any 'bears' or 'naysayers' are trying to BUY LOW! IMO
Very nice! Just a new platform. Higher highs from here. You know how it goes, buy the dips. :)
More mainstream adoption....
GBTC is the place to be!
https://finance.yahoo.com/news/bitcoin-comes-whole-foods-major-140056487.html
Profit takers these last few minutes better get back in or miss it!! IMO
Looks like we'll be hitting $8k before Monday, possibly $9k or higher. To me, this is parabolic -- but others I know who have been invested in BTC longer than I have tell me this is nothing. Now that's exciting!
Monday is going to be a VERY good day -- esp if the next 48 hours go anything like the last 24 hours!
People that sold aren't going to be too happy about it. Lots of end of day sellers who were too chicken to hold O/N. Happens a lot. You either believe in BTC, or you don't. Still HODLing my BTC and my GBTC! It's going to be tough to time trades now that there is volume and volatility. Chickens get roasted, IMO. But everyone has their own risk levels.
GLTA
There still isn't any value associated with them, of course, but they are listed. That's a start!
Looks like Nugenerex shares are in at E-trade.