GM frens! ☕
Zap it like you mean it ⚡
With #bitcoin back above the 200-week SMA, much higher prices are the most likely path forward. However, the resistance level at $28.8K remains unbroken for now.
https://www.mekongmonkey.com/the-weekly-close-21-preparing-for-lift-off/
The best time to buy #Bitcoin was in the last six months when BTCUSD traded below the 200-week Simple Moving Average. The second best time is now.
https://www.mekongmonkey.com/the-weekly-close-20-over-the-moon/
What's happening at the frontier of a bright, orange future and the global financial casino? Find out in this week's edition of The Weekly Close. #bitcoin
https://www.mekongmonkey.com/the-weekly-close-19-hold-the-line/
BTCUSD is still playing the waiting game. The more time spent in a tight range, the more violent the next move will be. Either the price breaks through the 200-week SMA, and we'll be at $30K in no time, or bitcoin breaks down through the 21-week EMA, and we'll be back at $20K or lower. #bitcoin
https://www.mekongmonkey.com/the-weekly-close-18-waiting-for-action-part-2/
GM ☕ “The person is free who lives as they wish, neither compelled, nor hindered, nor limited—whose choices aren’t hampered, whose desires succeed, and who don’t fall into what repels them. Who wishes to live in deception—tripped up, mistaken, undisciplined, complaining, in a rut? No one. These are base people who don’t live as they wish; and so, no base person is free.” —EPICTETUS, DISCOURSES, 4.1.1–3a
Strong opposing forces are working on the #bitcoin price. It is either time to gamble or, probably the best approach, wait and see how this plays out in the week ahead.
https://www.mekongmonkey.com/the-weekly-close-17-waiting-for-action/
GM nostr! ☕ “You shouldn’t give circumstances the power to rouse anger, for they don’t care at all.” —MARCUS AURELIUS, MEDITATIONS, 7.38
If you are not stacking sats you're probably not going to make it.
GM! ☕ “Remember that it’s not only the desire for wealth and position that debases and subjugates us, but also the desire for peace, leisure, travel, and learning. It doesn’t matter what the external thing is, the value we place on it subjugates us to another . . . where our heart is set, there our impediment lies.” —EPICTETUS, DISCOURSES, 4.4.1–2; 15
After six months of drifting below it, bitcoin finally made contact with the all-important 200-week Simple Moving Average again.
https://www.mekongmonkey.com/the-weekly-close-16-first-contact/
"Whoever tries to lay his trip on others is acting from terror, and will soon resort to terror as a weapon if the others won’t accept the trip through persuasion." (from "The Illuminatus! Trilogy: The Eye in the Pyramid, The Golden Apple, Leviathan" by Robert Shea)
Taxation is theft.
GM! ☕ “Remember to conduct yourself in life as if at a banquet. As something being passed around comes to you, reach out your hand and take a moderate helping. Does it pass you by? Don’t stop it. It hasn’t yet come? Don’t burn in desire for it, but wait until it arrives in front of you. Act this way with children, a spouse, toward position, with wealth—one day it will make you worthy of a banquet with the gods.” —EPICTETUS, ENCHIRIDION, 15
