Finally got a chance to take a look at BTC again. Here is H1 chart with (wave1 to 3) of 5 complete:- Wave 4 of 5 might be complete as well? Repeat might?
I was half right and the other half will be right in a couple of months. Big green days in downtrend are for selling. Cya at $70K-ish.
Daily chart right in the March 11th-14th time window. Though still thinking the latter period March 25th-26th seems more likely:-
I get that you are just screwing around, but Bitcoin exists to protect against an event that no LLM model can predict. Instead of asking some silly question about what the next number is, ask it what happens next when a country goes over 100% of debt to GDP. You could also ask it what happens when interest rate expense is the single biggest line of government outlays. Then perhaps also ask it how long the US can keep funding social security. Lastly, follow up with asking if holding US dollars seems smart given all of the above. And if it says no, ask it what might a person do to preserve whatever wealth they have accumulated. None of these numbers from the past mean anything in terms of future predictive power when your currency is going to collapse, and a debt based financial system blows up. You can't extrapolate the future price of bitcoin when it will very likely be the bedrock of what happens next.
I just thought it was interesting that it spit out the 110k number considering that was a significant level last fall.
Europe is notorious for exchanging scrips historically so that shouldn't be a surprise. The EU scammers will take your money & leave you an IOU or sovereign bond certificate. It's happened before during WWII. Imagine if you owned real estate near the Ukraine/Russia border.
Europe's only future seems to be Sharia Law at this point. So who cares really? Gaddafi and the rest were right, it would happen in only a few decades.
Can somebody give me a single good reason why i shouldn't just short with everything i got? Europe gets a lot of things wrong but at least they nailed it on crypto. Some bare minimum standards need to get implemented, such as not allowing pure frauds like Tether to operate.
Because you'll get squeezed by the next rally and sell/get a margin call at the top and then watch it collapse with no position. Buy BITI instead, then you can only lose what you invested.