20i Domains

Who's Holding BTC?

Discussion in 'The Bar' started by Hay, Aug 18, 2020.

  1. 3gmedia

    3gmedia Active Member Exclusive Member

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  2. Domain Forum

    Acorn Domains Elite Member

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    articles.co.uk
     
  3. Trauiner United Kingdom

    Trauiner Active Member

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  4. Murray

    Murray Well-Known Member

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  5. JMI

    JMI Active Member Acorn Supporter

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    I think Bitcoin will go to 20-25k then breakdown to around 10k-12k for a brief period that will be when I will buy. This time frame depends on how tough the resistance is at $30k and it is extremely strong but we're already testing 31k and I can't see anything in the short term that is looking good for Bitcoin except possibly El Salvador news. I think after this correction is done will break $60k and move to $100k+
     
  6. JMI

    JMI Active Member Acorn Supporter

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    Yes this was disappointing Gold did hit shy of $2100 but Silver failed miserably, however we've since had double dip corrections sub $1700 and think with inflation going through roof (FED printed 8 Trillion dollars) should slowly move up to $2500 + and $50 silver.
     
  7. Murray

    Murray Well-Known Member

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    Ive been watching a weekly series by Jeff Snider and Emil Kalinowski on youtube called Eurodollar University for the past year

    Jeff is a genius, knows everything about the financial system

    The Fed dont print dollars they create bank reserves - https://alhambrapartners.com/2020/09/21/ok-bank-reserves-lets-do-this-one-more-time/

    No inflation - https://alhambrapartners.com/2021/0...ther-example-of-why-inflation-hasd-no-chance/

    Deflation is good for gold as you can see by its movement vs 10 year inflation indexed securities since 2008

    inflation.jpg
     
  8. Adam H

    Adam H Well-Known Member Exclusive Member

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    Im still massively bullish on BTC, ETH and ADA. Short term we may see it tank a little more but its just another buying opportunity. Options expiry is one to watch for ETH in a few days.

    I still think the Wyckoff Distribution method is still playing out, but we'll see. That said, Up or down if it tanks, it will go backup..........hold and wait it out.
     
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  9. dee

    dee Well-Known Member Acorn Supporter

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    Don't know Wyckoff..... will search.

    There's also China at play at moment again who are having another pop and closing mining operations in Sichuan province. Could push it under resistance as people get spooked again.If it does it'll probably head down quickly
     
  10. Adam H

    Adam H Well-Known Member Exclusive Member

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    This is a good vid
     
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  11. dee

    dee Well-Known Member Acorn Supporter

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    Interesting vid. Cheers