BlogHide Resteemslieutenantdan (79)in bitcoin • 38 minutes agoBitcoin does well when the money printers fire upThe money printers have just fired up... Bitcoin tends to do very well when the money printers fire up. Well guess what, they are firing up right now: (Source: Let em print and watch…lieutenantdan (79)in bitcoin • yesterdaysteemCreated with Sketch.This could end up being one of the biggest breakouts ever for BitcoinBitcoin may be on the verge of a massive breakout If you think bitcoin has done well to this point, you haven't seen anything yet. We are on the verge of a massive breakout that could take…lieutenantdan (79)in bitcoin • 2 days agoBitcoin clearly in the pre-bull phaseThis setup has looked pretty similar to ones in the past We have the setup that we have seen similar times. Check this out: (Source: It's the same setup we have seen several times in the…lieutenantdan (79)in bitcoin • 2 days agoBitcoin getting closer and closer to the Banana ZoneThis is interesting Bitcoin looks primed for a parabolic move here shortly. Check this out: (Source: This banana zone is also the parabolic zone. The charts don't lie. We have the…lieutenantdan (79)in bitcoin • 4 days agoJust need to bust through $70k and the shorts take it in the shortsRoughly $2 billion worth of shorts get liquidated if we can break $70k The line in the sand is drawn. A lot of money does not want to see bitcoin go up and through $70k. And you know that…lieutenantdan (79)in bitcoin • 5 days agoThis might explain some of the weakness in Bitcoin latelyHarris is leading in the polls again If Trump wins, bitcoin is going to fly, if Harris wins, well maybe not as much. The data says that eventually it won't matter who wins bitcoin will go up…lieutenantdan (79)in bitcoin • 6 days agoThis could be what pushes bitcoin to new highsChina unleashed the stimulus today If you were looking for a catalyst to get long bitcoin and crypto, you may have just got it. Sure China banned bitcoin and crypto a long time, but that didn't…lieutenantdan (79)in bitcoin • 7 days agoBitcoin broke the downtrendThings are looking very good Bitcoin broke the downtrend and is looking very good for continued moves higher. (Source: The only question in my mind is whether we have some throwback to…lieutenantdan (79)in bitcoin • 8 days agoWe are going to have a very good stretch coming upBitcoin does well this time of year You probably remember all the talk about September and how bad it usually is. While that is true, the months after it are pretty dang good. (Source:…lieutenantdan (79)in bitcoin • 9 days agoYou don't have to ask permission to user your money with bitcoinA subtle yet important difference Bitcoin lets you actually use your own money. Pay attention to the wording here: (Source: The bank approves of your activity. Bitcoin confirms it. A…lieutenantdan (79)in bitcoin • 10 days agoThe Bitcoin ETFs are getting interesting againThe Bitcoin ETF IBIT is looking interesting The best ETF out of the gate was clearly IBIT. That is the one put out by BlackRock. However, the last several weeks have been interesting. Pretty…lieutenantdan (79)in bitcoin • 11 days agoMid Cycle consolidation completeThe next stop is looking like $100k for bitcoin Based on previous price action we should be looking towards $100k in the coming months. Possibly a lot higher than that. If we take the prior…lieutenantdan (79)in bitcoin • 12 days agoSeems like we just have to get past the electionsHistory says it doesn't matter who wins It doesn't matter whether we had a republican or a democrat, bitcoin pumped after the election every single time. Literally every single time. Once we…lieutenantdan (79)in bitcoin • 13 days agoWhat a great quoteThis sums it up pretty well People don't really understand bitcoin. They also don't really understand computers and apparently money. At least the vast majority of people anyways. That was…lieutenantdan (79)in bitcoin • 14 days agoSome FUD around Coinbase and the ETFsWhat do you think about this? There has been some FUD lately about Coinbase and the ETFs. There isn't as much transparency as some people would like apparently. Here's the response:…lieutenantdan (79)in bitcoin • 15 days agoLook at this setupOne of the best setups I have seen In terms of price, it may not seem like a great entry spot around $60k... However, in terms of technical indicators, it doesn't get much better than this.…lieutenantdan (79)in bitcoin • 16 days agoFirst Weekly Golden Cross ever?This is something to pay attention to We may be seeing the first Golden Cross with the 100 and 200 moving averages. We have rarely if ever seen a cross of the 100 week moving average above the…lieutenantdan (79)in bitcoin • 17 days agoWill be interesting as these rates start to dropWe are living in an interesting time Interest rates around the world are set to start dropping. Here's some of what we are working with currently: (Source: That one on the right almost…lieutenantdan (79)in bitcoin • 18 days agoIt's just a waiting game at this pointThe big gains always happen far after the halving It seems like bitcoin has failed so far, failed at rallying much post halving. However, that is not how this works. Historically bitcoin…lieutenantdan (79)in bitcoin • 19 days agoMid Cycle pump and now consolidationLooks like what we had last cycle We had a major move up followed by sideways to down for months and months. This was eventually broken by a massive surge higher. The chart can be seen…
