Impossible to know for sure. Try to take market moves just as probabilities.
From my perspective, we are still lacking a move downwards to complete a needed cycle before going upwards again. If it does it, it'd be a very healthy movement upwards that could bring us back to ATH.
If instead the price just rises, I'd be fearing a deeper dump, maybe to the $6k-$8k zones.
Again, these are just probabilities. I have my analysis and bias in regards to the movement, many people thinks we are already in the bullish cycle.
I think the Bull's back (we have clear early signs in the Weekly chart) but for it to regain full strength we still need to go lower. It's like this:
We go down in order to go up
We go up in order to go down
That's pretty much about the healthy movements of the market. Anything else is just manipulation, and those are dangerous waters to be swimming in.
that transaction fees skyrocket, binance halted withdraws, whole native bitcoin blockchain is in shit basically right now because miners have at the moment like 420,000 transactions to process. Some idiots posts some crap to blockchain, I am not an expert but rumors saying that it is bad...
The hype or ordinals (NFTs on Bitcoin blockchain)
oh okay. I don't understand NFTs. The more I try the more I fail.
Nothing to understand. 99% of NFTs will be dead :) should be called "New Fake Token"
ha ha I like that and agree as well. New Fake Token to F people up
Bitcoin blockchain is congested as only happened like 3 times before.
Even Binance, suspended all withdrawals... everything thanks to ape jpegs #ordinals
we should buy some of them, maybe they pump later, well if they are low price maybe 10-20
I have my orders at:
$15-$14.5-$14.2-$12.8-$12.3-$12-$11.9
Not financial advice tho, jut definitely I am waiting for the last dump before a reprice higher.
Hopefully, with the proper information at place, this will be a very nice cycle.
!PIZZA !HBIT
- EvM
I am so out of touch with these trades. Are these NFTs?
Nope. BTC spot prices for buying. Everything is in the k's ex. $15 = $15,000
ah okay. $BTC are they dropping that low?
Impossible to know for sure. Try to take market moves just as probabilities.
From my perspective, we are still lacking a move downwards to complete a needed cycle before going upwards again. If it does it, it'd be a very healthy movement upwards that could bring us back to ATH.
If instead the price just rises, I'd be fearing a deeper dump, maybe to the $6k-$8k zones.
Again, these are just probabilities. I have my analysis and bias in regards to the movement, many people thinks we are already in the bullish cycle.
I think the Bull's back (we have clear early signs in the Weekly chart) but for it to regain full strength we still need to go lower. It's like this:
That's pretty much about the healthy movements of the market. Anything else is just manipulation, and those are dangerous waters to be swimming in.
can you share info with me please, where to find them, just info
What info are you looking for?
About the NFTs in the bitcoin network
These are named "Ordinals" - you may find more info about it here and here
Greetings friend
I did not know about that. Too busy with weekend stuff.
It is a more recent news. The mess started last night
Oh okay. That makes sense now. I would never know if it is that recent.
Don't worry you have me: I'm your friendly neighbor 😉
thanks neighbour. What would I do without you?
lol
that transaction fees skyrocket, binance halted withdraws, whole native bitcoin blockchain is in shit basically right now because miners have at the moment like 420,000 transactions to process. Some idiots posts some crap to blockchain, I am not an expert but rumors saying that it is bad...
okay. It means the blockchain cannot handle high number of transactions. #BTC
Too many data there