I realize that 99.9% of people on #nostr hate anything and everything to do with technical analysis--as they should--but I am utterly in love with this #bitcoin chart and the magical lines that I drew. 🧡

If I had to guess, (and I don't, but I will 😂 ), then I'd say that we're not entirely out of the woods yet, and a series of higher lows (approximated by the lower green line) is incoming over the ensuing days and weeks.

This would represent a show of technical strength over the medium term, and would provide a nice base for the (expected) strong bull run higher towards 2H 2025.

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NGL that is a beautiful chart though, doc.

You’d like mine better note1k2ls3tmwwy8czelclkka0mqpw4kgwt6k32wtcknw0ksmkvml4aesuqll00

Thanks Dr Bear, suits me, need more time to sell more dollars 😊

I think most people on here don’t want to ADMIT that they like these charts. Keep doing what you do sir 🫡

You’d like mine note1k2ls3tmwwy8czelclkka0mqpw4kgwt6k32wtcknw0ksmkvml4aesuqll00

Good one.

I know you don’t know who I am, but I am with you and I explain myself here.

note1k2ls3tmwwy8czelclkka0mqpw4kgwt6k32wtcknw0ksmkvml4aesuqll00

If Trump has anything to do with it all bets are off 🤣

Looks gucci to me

Holding above 6month pivot

Looks like a perfect chart to stay humble and stack sats to.

Definitely.

I think this is a great visualization! Is there a reason people on Nostr don't like technical analysis? I think I have perhaps missed something?

Or maybe I just love graphs too much and am blind to analysis hate 😅

The BB hugging the chart so beautifully 😗👌

Technical analysis guy over here! It’s just probabilities. Some TA folks go nuts with indicators. Not too different from the Bitcoin fundamental dudes looking at hash rates and other on-chain metrics.

It definitely works for me, even simple things like Fibonacci levels, support and resistance, volume profiles, gaps, and RSI/macd are more likely than not to provide good valuable insight. Just S/R can be enough honestly.

Liquidation heatmaps are nice too!

I think this happens because they’ve seen too many fake gurus—technical analysis influencers. They prefer to follow Bitcoin’s fundamentals, which are beautiful. I also draw my lines 😅

I love technical analysis and thank you for your sharing of these charts and results to everyone! Respect to you👍👍

Confirmed to stack sats and stay humble

Agreed. I think it's going to be choppy for a bit longer before the longer-term timeframes flip more bullish again

BTC-ETH spread is the only thing that actually matters in order to keep functioning bitcoin markets .

Charts are meaningless.

Maybe for you they are. But they aren't for people who know how to and want to use them.

Just let go of trying to predict the short term price

It is more than TA most here dislike, it's talk about price in general. it's a little sad, price is still important and the main thing that brings new people to btc

Has something happened?😳

…is 1 btc worth more or less than than 1 btc since I last checked? 🧐😳😂😂🫡⭕️

1 BTC buys 20% less eggs than 1 month ago 😭

but 1 dollar buys more sats than 1 month ago 😁

Hmmm🤔

I didn’t realize there was gonna be calculus in this post😳

…I would have strategically avoided the thread if ud have made that clear initially🤔🤨😂😂⭕️

So how many dollars does an egg and 7.4 sats buy?🤔

That's beyond my abilities

🤭😂😂🫡⭕️

99.99% is a bit high for sure 😄 I'm a fan

Thanks for heads up,

TA is awesome. I like to do FA and check what stuff has utility, prototype and buidl, read docs, whereas my dad will draw lines on a chart all day and end up profiting 6x on some shitcoin lol.

I really dig the TA charts 🤭

Why do people hate ta? Lame

"TA is astrology for financial analysis"

I find that funny, but I also sometimes like TA.

It’s just one tool imo

models are useful, but with bitcoin, all models get broken. For quite a few years now I have yet to find one analyst that is even roughly consistently correct. But for whatever reason Dr. Ross' predictions seem well reasoned so I follow him. doesn't impact my investment strategy with is always the same: earn Fiat, then buy whatever bitcoin I can responsibly afford at the time.

They’re super accurate when viewed In hindsight.

Ta is just a tool. Just like following macro stuff. Just like on chain stuff. If you know what you’re doing it can be beneficial. I’ve been doing this stuff for 11 years

whats 2H? will we get to 4H?

2nd half?

Am I still pre-rich?