π BITCOIN'S TSUNAMI ANALOGY AND THE DEATH CROSS
π TSUNAMI SUCKING WATER OUT (THE DUMP)
---THE LOW TIDE (DUMP): IMAGINE THE SEA PULLING BACK, EXPOSING THE OCEAN FLOOR. THIS IS THE MOMENT OF MAXIMUM FEAR AND PRICE COLLAPSE IN BITCOIN. WHEN A MASSIVE SELL OFF OR LIQUIDATION EVENT OCCURS, IT SEEMS LIKE ALL THE "LIQUIDITY" OR MONEY IS BEING SUCKED OUT OF THE MARKET, CAUSING A DRAMATIC DROP IN PRICE. TRADERS AND INVESTORS PANIC, THINKING THE BULL RUN IS OVER.
---WHY IT HAPPENS: IN TRADING, THIS CAN BE FUELED BY HIGH-LEVERAGE LIQUIDATIONS (MARGIN CALLS), MACROECONOMIC FEARS, OR NEGATIVE NEWS. THIS "PULLBACK" IS ESSENTIALLY THE MARKET RESETTING AND SHAKING OUT WEAK HANDS BEFORE THE NEXT LEG UP.
π TSUNAMI EXPLODING HUGE TO THE UPSIDE (THE EXPLOSION)
---THE WAVE HITS (EXPLOSION): AFTER THE WATER IS PULLED BACK TO ITS LOWEST POINT, THE IMMENSE ENERGY OF THE TSUNAMI WAVE COMES CRASHING IN. THIS REPRESENTS THE VIOLENT, VERTICAL PRICE EXPLOSION that often follows a major Bitcoin crash.
---WHY IT HAPPENS: THIS EXPLOSION IS DRIVEN BY BUYERS STEPPING IN AT THE EXPOSED, "CHEAP" LEVELS, THE FEAR SUBSIDING, AND THE LONG-TERM FUNDAMENTALS (LIKE THE HALVING OR INSTITUTIONAL ADOPTION) TAKING OVER. THE PREVIOUS LACK OF LIQUIDITY IS REPLACED BY A "TSUNAMI OF CAPITAL" RUSHING BACK IN, PROPELLED BY THE MOMENTUM AND SHORT-SQUEEZES.
β οΈ THE DEATH CROSS AND SUBSEQUENT EXPLOSION
" THE DEATH CROSS IS A TECHNICAL INDICATOR THAT OCCURS WHEN THE 50-DAY MOVING AVERAGE (A SHORTER-TERM TREND) FALLS BELOW THE 200-DAY MOVING AVERAGE (A LONGER-TERM TREND) on a price chart. "
---THE INITIAL DUMP/DOWNTURN: TRUE TO ITS NAME, THE DEATH CROSS IS CONSIDERED A MAJOR BEARISH SIGNAL AND OFTEN COINCIDES WITH OR FOLLOWS A PERIOD OF SIGNIFICANT PRICE DUMPING. IT CONFIRMS THAT THE SHORT-TERM TREND HAS WEAKENED CONSIDERABLY.
---THE EXPLOSION (HISTORICAL CONTEXT): ALTHOUGH THE DEATH CROSS SIGNALS WEAKNESS, HISTORY SHOWS THAT IT CAN BE A LAGGING INDICATOR...MEANING IT CONFIRMS WEAKNESS THAT HAS ALREADY HAPPENED, AND SOMETIMES MARKS A MACRO BOTTOM RATHER THAN PREDICTING A FURTHER CRASH. IN SEVERAL HISTORICAL INSTANCES (LIKE 2020 AND 2021), A DEATH CROSS HAS OCCURRED RIGHT BEFORE BITCOIN MOUNTED A POWERFUL RECOVERY AND EXPLODED TO NEW ALL-TIME HIGHS. ITβS OFTEN THE FINAL SHAKE-OUT BEFORE THE BULL RUN RESUMES.
#DUMP #BUY #FIATGAMES #BTC #BITCOIN #SATS #ATH #EXPLODE #PRIMAL #NOSTR
https://blossom.primal.net/9451d5aea910282033ad2e8bc2c444bc1d463d859e4eb997d40bcc28fc0762cc.mp4
Great explaination
Hello everyone I'm back been away a few days I got involved with the skool community as well learning as much as I can there as well. I got very busy there and realized I need to balance my time better. Yeah wish me luck with that one. So what have I missed lol
Now hockey on the other hand...
Trying my first shared video on primal if it work thanks to nostr:nprofile1qqsvnay22ef0dgqee0jr909va2tl3l4fwq6eparvrznq349xydq395sprdmhxue69uhkwmr9v9ek7mnpw3hhytnyv4mz7un9d3shjqgcwaehxw309akxjemgw3hxjmn8wfjkccte9e3k7mgwufjfe
https://blossom.primal.net/faeb459c5a29e50e11d02b97b601a479d4c83af7e3ffe7d88833e42f71f8f473.mp4
Testing my new wallet. Please send a test zap. Want tomake sure it's working. Thanks
#primal #zaps #noster #sats #btc #test #askprimal
HOMEMADE LUMPIA
from start to finish using ingredients fresh from my garden. True household hit and no leftovers! Hope you all enjoy
#nostr #foodstr #homemade #asia #gm
#zapcooking
https://blossom.primal.net/2c6ba4d329ece9366c48758ab707d54593daadc2989b864cbbebf7d8d2d8417a.mp4
Amazing made with love
So as I explore more here on nostr through primal I realize there is so much more here than I thought. First off I see that as a good thing because that means there is so much to explore and learn so many possabilities. So many new people to meet and learn from. BUT what I didn't get is any more time to explore and learn.
I have tried to learn and explore everything here while trying to keep up with my You Tube, Face Book Account, Instagram and my Signal accounts.
However I've realized this is where the people I want around me are. This is where the information I need is located. This is where the things that really matter are located. The other places are just noise and have become a waste of my time.
I no longer need to be there at those other sites and can put my time here learning to grow my space here and contribute back as I grow here.
I am so looking forward to grow here with all of you. And if anyone has any suggestions on what to tackle next or what to set up or start useing here to begin to grow please let me know. I am eager to learn, Thanks.
Thank you for your reply this is what I am hearing from most start 9 with knots to start
Ok everyone as i said in my first post, I am new to bitcoin and new here to Noster. Looking to get a discussion going. I have been purchasing bitcoin though DCA and smash buying when I can moving to cold storage doing it the way I think is the right way. I made it here to interact more and learn more and feel the next step may be as everyone says running a node and eventually mining. Mining may be a while off for me but running a node may be possible. I have heard from some about building your own system but to be honest that's a bit over my head. Then other recommend the start9 or Umbrel style systems. Those of you who currently run a node what is your recommendation. I would love to hear your thoughts and advice.
Good Morning everyone. I tried to set this up for the first time last night and went to bed not knowing what to expect today. I woke up to a Shout out from my friend nostr:nprofile1qydhwumn8ghj7emvv4shxmmwv96x7u3wv3jhvtmjv4kxz7gprpmhxue69uhkc6t8dp6xu6twvaex2mrp0yhxxmmdqqsvnay22ef0dgqee0jr909va2tl3l4fwq6eparvrznq349xydq395sdj944k and a welcome which helped bring me seven new followers to start my day.
Now to figure this all out as far as the best way to share with everyone my thoughts on here as I grow in my journey of life with everyone here.
I am now now retired from the Army with a lot more free time on my hands or so I thought. Until I filled that time diving into HAM radio, Gold and silver for a bit until I learned about Bitcoin and then you guys know where that then took me. I have since been learning more about not just bitcoin but the importance of running a node looking into mining getting involved here more on primal and noster and youtube communities for bitcoin so yeah that free time is now gone. I look forword to meeting new people and learning more.