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BTC Continues to Show Amazing Support at $45K (Patreon)

Published:
2021-02-28 02:02:28
Imported:
2022-03

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Comments

Anonymous

DCA'd at 45,296. Hopefully it was a good grab.

Matt Winberry

Am I reading the charts right in that Bitcoin is in a triangle that squeezes down and meets up somewhere around midnight UTC Monday morning?

Anonymous

42k incoming

Anonymous

Yep... Has to be bullish... It bounces off it very fast... 20d MA is at 45 and change isn't it? And RSI must be fairly low... Gotta go up soon surely? :D

Anonymous
>>54560410

There's several triangles its been possible to draw... The one that looked most right to me yesterday was an ascending triangle... But symmetrical triangle also "fitted"... I think with the stimulus and it having been weak, bouncing off the 20d moving average, it is more likely to break up... But be ready to grab at 40~42 if it breaks downward!!

Matt Winberry

Is it bad that I hope it drops one more time? My reasoning is that it would get fear/greed down to “fear” and the NUPL would get further away from what was a dangerous flirtation with Euphoria a few days ago. That would complete the 30% correction, and then we could go all bullish afterwards.

Anonymous

I'm trying for 45125 -- so close :-)

Anonymous

Tried to pull out, coinbase failed to complete my orde then would not let me log in until profit all gone. Meanwhile, ADA, strong. FML.

Anonymous

Waiting for Sunday night for a final dip. I think this is likely to be our last look at $40k

Anonymous

Speaking of which.. here comes the fourth retest. Not sure it can hold again boss

Anonymous
>>54560778

Heh, I think everyone secretly wants it to drop so they can quickly scoop up some more sats... But with all the bullish things happening with so much stimulus and so many whales gobbling, I can't see it moving to 'fear', or at least not for long.

Anonymous

Just made a $500! Bet with my brother! He said bitcoins going to pop soon! And I said , $500 says bitcoins will reach $100k by this end year! Now I know for sure bitcoins will reach it ! Bc I always win the bet every times with him lol 😂

Anonymous

This is where I loaded up more :) Though I think consolidation could go a another week or more just like the previous pullback and I agree it ''may'' test 40K-42K range

Anonymous

Just broke support on BTC and ETH

Anonymous
>>54564473

I sure hope so. Some of us are not finished placing our money bags on the Bitcoin train😊

Anonymous

Caught some ETH @ 1371 and BTC @ 44525, sometimes I just cannot resist grabbing for that falling knife. Meanwhile ADA has "crashed" to ~ 1.16

Anonymous
>>54561306

I'm nervous about things like this. What's to prevent blocks on pullouts?

Anonymous

What do you guys think about Global Crypto Investment selling $750M worth of BTC for ADA and polka dot? https://www.businesswire.com/news/home/20210225005902/en/Global-Crypto-Investment-Fund-FD7-Ventures-to-Sell-750M-USD-Worth-of-Bitcoin-to-Increase-Cardano-and-Polkadot-Holdings

InvestAnswers
>>54565496

I have orders in for more ADA at 1.01 :D - you crack me up Lee. Falling knife - crazy situation. All I can say is all roads lead to BTC and the extra 1.9T just makes it even more juicy.

InvestAnswers
>>54568239

maybe their cost basis is very low and I could technically agree the upside could be higher for ADA and DOT. However, the risk is a lot higher. It is also foolish to announce what you are doing as that will rock the market. So it seems a little suspicious to me.

Anonymous

Holding out for $42,1.

Anonymous

Nibbles at $44.5k. Will have one whole BTC soon

Anonymous

I'd like to remind myself that the btc corrections take an average 2-3 weeks. Seem like we have some more time before we see the end of this correction. Maybe see the price bottom at 38K. I am under water for now but know am aware of the long game so all good :)

InvestAnswers
>>54582921

$42K Should be the absolute bottom but I just don't know who selling. Rumor is a big holder is selling to buy ADA

Anonymous

Yeah I moved it up 43,5 and it filled

Anonymous

Willy Woo suggests that BTC might test $39K before recovering. When it comes to hardcore BTC analysts, my ears prick up when he or PlanB are talking. My family when BTC fell to $43K today: "See? We knew BTC was a flaky idea" Me [smiling]: "Let's bookmark this conversation for 10 years' time" #KeepStacking

Anonymous

45k https://youtu.be/bNjFLv_73hk

InvestAnswers
>>54601247

Willy Woo dissappoints me as he is moving his goalposts all the time. $45K showed support and I said $42K was the absolute bottom.

Anonymous

Well, hope the recovery takes shorter and we’ve already bottomed:) come on Asia, buy buy buy buy lol

Anonymous

James , Thanks. I do sail, only coastal so far. Hoping to Crew for some Caribbean passage in May before Hurricane season. Have my eye on Sirius 35 DS...when CEL hits $24.. would love to chat. Heartysailorman@gmail.com.

Anonymous

Anyone watching $GBTC’s recent negative premium? When BitCoin reached $49k, GBTC still below $47.