Was just having fun with it tonight. By no means can you “trade” ff of it. I dont think its a good practice to get too far out over your skis. Look at that timeline. Looking at 900+ day spans of range trading and explosive moves. So many things can change in the world in the next 3 years,.

I think there are some massive changes coming in the balance of money in the next 6-12. months. Russia is in the final stages of making the Ruble gold backed. Quite a few countries are now worried about having their money in US Dollars. China, India and Russia (maybe Pakistan) were discussing trading in Yuan for oil …All i can say about that is …whoooof… Its above my level. However, whats cool is that you will be able to see it. as it sloshes around.

I think I read an article today that Russia has also put a team togetherto have a serious discussion in how to use BTC in day to day transaction.. this is also huge. The US is not going to like that and I can see them really trying to make it illegal if Russia is using it as tender. Have to keep an eye on that.

As for right now in my opinion better/lower prices are probably coming, Just have to take it one level at a time adn see if any aggressive buying stops the move. It could hit high volume yet pause for months in a tight range. However it is a tell that they did indeed step in to accumulate for whatever reason.

Again, this is a far projection. Too many things can happen or not happen. This chart is practice/for fun. But I do expect it to eventually make another run/. Just have to be patient and see how low it gets.

Was just having fun with it tonight. By no means can you “trade” ff of it. I dont think its a good practice to get too far out over your skis. Look at that timeline. Looking at 900+ day spans of range trading and explosive moves. So many things can change in the world in the next 3 years,.

I think there are some massive changes coming in the balance of money in the next 6-12. months. Russia is in the final stages of making the Ruble gold backed. Quite a few countries are now worried about having their money in US Dollars. China, India and Russia (maybe Pakistan) were discussing trading in Yuan for oil …All i can say about that is …whoooof… Its above my level. However, whats cool is that you will be able to see it. as it sloshes around.

I think I read an article today that Russia has also put a team togetherto have a serious discussion in how to use BTC in day to day transaction.. this is also huge. The US is not going to like that and I can see them really trying to make it illegal if Russia is using it as tender. Have to keep an eye on that.

As for right now in my opinion better/lower prices are probably coming, Just have to take it one level at a time adn see if any aggressive buying stops the move. It could hit high volume yet pause for months in a tight range. However it is a tell that they did indeed step in to accumulate for whatever reason.

Again, this is a far projection. Too many things can happen or not happen. This chart is practice/for fun. But I do expect it to eventually make another run/. Just have to be patient and see how low it gets.