With Little Coubt, BINANCE is the best option in Brasil, it is legal, cheap and honest
Use that
It takes a certain amount of Courage to sell BTC out to Gold
But the Art of Trading successfully is to NOT dive in with out fully understaning certain things.
Bitcoin GOLD trading is kinda different to Bitcoin USD. But ONLY in what it rlies on.
The Bitcoin XAUT chart below looks familiar doesn't it...and While Gold out performs BTC, this Will continue....But you REALLY need to keep an eye on gold..It is a SLOW mover
Look at the PAXG ( tokenised Gold 1:1 ounce PA ) / BTC
If you had sold out in March......The chart says it all.. Thats a 70% rise in value
Start using GOLD and Bitcoin
Another view on the #Bitcoin Weekly
We been rejected off this fib circle twice before and will it be third time lucky ?
We are also testing a strong line of resistance, thet we have turned into Support.....Or HAVE WE ?
The 2nd image shows you a close up and the apex of that squeeze is in 4 days time.
PA Always reacts before that point.
Hang on Guys and Gals......
So what is going to happen to the DXY $ when the FED begins cutting Rates ?
A Look back in History shows that only on ONE occasion did the DXY continue to rise.
The other occasions, , the DXY $ Fell and given the pressure the DXY $ is under internationally right now, the chances of it rising have to be very slim.
The $ DXY as we lknow it
PAXG Gold V Bitcoin
PA top of Range. I'd say BTC is about to outperfom Gold - The real question is for how long ?
Serioiusly, TRADFI, How many of your Stocks do This over a 12 month period ?
#Bitcoin Daily
PA Dropped out of range again and has since bounced back into range - But will this hold ?
Impossible to say but I am Bullish still and do belive that after the 18th, We will see a Big change. I am also going to leave this Range Box on the chart as I think we have crossed a turning point.
HOWEVER, there is also the possibility that we will not see a Major move till October if the MACRO environment is not "comfortable"
The MACD is getting Higher on the lower time frames, though it can range, the Daily is just turning Bullish on the Low and the weekly is still falling Bearish and will hit Neutral Next week, if it carries on its current course.
I have to say that despite me saying I am bullish, I do have a growing unease with how this is playing out. To many extents, RSI and MACD are similar to post March 2021 ( see 2md image) , which means the up coming bounce may not produce the desired results and yet, at the same time, I do feel we are following the Fractal from 2013 ->2017 ATH's, in which case, we are on the verge of Great gains. Also, look at the Histogram on the 2021 ATH retreat, it went way deeper than we have this time. That could poiint towards an ynder laying Bullish strength
Which way will it go ?
Time will tell us and On Chain data will help and I am about to catch up on that
I'm off for a week.then we will have a week till ->
18 September
the numbers 3, 6, 9 considered magical, special, or just bloody akward....well..
It will be time
( good wine this.)
Thing is, if that is not public knowledge, then how is anyone supposed to know and given how the history with "Give me your email address" has let to spamming, mabe another avenue could be found, so that things like this do nothappen.... I mean you no disrespect as it seems you did have good intentions and I apologise for my reaction..but I may not be the last to do this......
Maybe a better invite generator can be found, like when accessing the App, setup account, Verify email, invite sent ?
From tomorrow, I am away for a week and I want to leave you with this chart
Just look at the current Daily candle ! That is a sign of a real fight between Bulls and Bears and currently, BULLS are winning.
Long wicks in both directions.
The fight maynot be over for a week, it may end tonight with a victor.
Support your Local Bull - After all, THEY MAKE US
Have a good week and stay safe
Top 10 Lighning Wallets - No need to look further than here.
I will never ask you for your email address for obvious reasons.
Sometimes mistakes can be made. Being an Adult is understanding that this can happen.
But moving on - >
#Bitcoin 4 hour
ice push up from #BTC but has not broken that line of resistance it dropped below earlier today
Caution is required if we cannot get back over that line.
I may have jumped the gun a little but I hope you understand why > But why couln't you send me the invite via DM ? that private.... 99.9999% of the time, it is spammers that ask for email addresses, you know that
Sometimes, #BITCOIN PA can be explained without words
Support / Resistance levels all very clear and the risks involved
Sometimes, I really Wish EDIT was a feature here !
On September 18, The DXY Support group ( The FED, a group of PRIVATE BANKERS ) will announce it decision about Rates and the expectation is for a Rate cut. Amoung many things, this cut will result in less return from investing in the $ itself.
The chart below is the DXY INDEX since Dec 2015 and we can see how the pull back worked previously
It went to the 382 retracement, bounced, got rejected again, went to the 0.5, got rejected, bounced off the 618 and went right back up untill March 2020
This time has been so VERY different as the $ is under SERIOUS pressure both internally and Externally.
As we can see, The retreat by PA has been propped up as much as possible to Stop it fallling below the 0.5 retrace line. It has bounced 3 times previously. It failed recently and has since then, bounced back hard to get back over that 0.5 ( see 2nd image )
Next, Look what PA did when Rates began to be raised, later than many expected. But once raised, PA continued on its way higher.
This could not be sustained as a New problem hit the realms.
BRICS - initially, BRASIL RUSSIA INDIA CHINA SOUTH AFRICA all agreed to STOP using the $ for international settlements on trade and oil sales. THIS ALONE COSTS THE USA $BILLIONS ANNUALLY
And now, there are over 50 countries NOT using the $ for internalional settlements...and this time, the USA cannot invade the countries concerned, like it did in the past ( Lybia, Iraq, Syria, Egypt etc )
So the FED / SEC and other agencies have been propping up the $ But now, it has to stop....
What will the $ do now....................
And more to the point, where will the money go as soon as traders begin selling the $ because there are higher returns elsewhere.
This is a VERY consise recent history, it goes way back to Henry Kissenger in 1972. HE bagan all this and a lot more, like the unrest in the Arab world. And the world is pissed Off and so, are beginning to take the Sweeties away from the bully.
The $ Is under HUGE pressure, It will break despite it still being the worlds largest currency....What will the USA do when countries begin to default on National Debt Loans.. ?
ALL National Debts are owed to PRIVATE banks and most of them are in the USa
We are on the edge of HUGE CHANGE and if you have read this far...Thanks but understand, the little I have said here is the tip of a very Large, spikey Iceberg....
May you all live your lives in peace and Harmony and with BITCOIN
And on a slightly different note, How many people remember pulling into a petrol station and someone would come up and ask you how much fuel you wanted put in and then THEY would do it.
It was a different world not that long ago you know.