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Home on the Range Update No. 9,999 12/8/23

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Just because a move looks extended on an hourly basis, it doesn't mean that it's extended on longer bases. 



2 hour bars:


If this thing breaks out, it could go a lo-o-o-o-o-o-o-ong way. 

But if it breaks down the extended negative divergence would portend deep shit ahead. 

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On 12/9/2023 at 7:37 PM, fxfox said:

Bitcoin trades very technically, behaves nicely to sup and res and MA‘s.

Although I hate it, I would trade it. But only if an ETF would be introduced, never ever would I trade an ETC, too much counterparty risk.

Can't you just buy and sell the old fashioned way, with a Bitcoin wallet? 

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