merkleroot 🇺🇸 (@MirkRoot) header
merkleroot 🇺🇸 (@MirkRoot) profile picture

eXtremeProgramming | Hyperledger* | former Pivot | Kubernetes core | 𝕊 Agent | Cipher* | ʎɔɐʌᴉɹd

Texas
Joined April 2020
Replying to @MattLGov
right now we're at the very top of a multi month channel, exactly at the top, there's no way we go higher....right? I thought we were in a bear market the channel started on 4/20
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This played out precisely, just not sure what happens from here
Is this a familiar pattern? are we about to head down toward the $50k's on that last leg?
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Is this a familiar pattern? are we about to head down toward the $50k's on that last leg?
a perfect bounce off the bottom fib to barely sweep under this bear cycle's low and then headed back up to ping the 23.6 will it continue the up past the 236 or head right back down for a new all time low and capture all that OI below?
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a perfect bounce off the bottom fib to barely sweep under this bear cycle's low and then headed back up to ping the 23.6 will it continue the up past the 236 or head right back down for a new all time low and capture all that OI below?
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here we go!!
The Fibonacci retrace on this was insanely accurate, created this on June 18 (added additional purple lines later) wonder what happens if we drop to $59k Brian Armstrong, CEO Coinbase says his gut feeling is that the bottom is already in, many others feel we go into mid 40's
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The Fibonacci retrace on this was insanely accurate, created this on June 18 (added additional purple lines later) wonder what happens if we drop to $59k Brian Armstrong, CEO Coinbase says his gut feeling is that the bottom is already in, many others feel we go into mid 40's
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Replying to @QuintenFrancois
nobody believes the simulation will repeat until it does.
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Replying to @0xReflection
right now the raw electricity expense to mine one BTC (not the full all-in production cost) is ~$48,253 It serves as a theoretical price floor because miners can keep machines running (even at a loss on other costs) as long as BTC price > electricity cost en.macromicro.me/series/8193…
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Replying to @cbusfritz
Oracles of magnitude.
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at this point the market makers and cartels are just mocking us 😅
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Hi everyone, About the bear market: the simulation ALWAYS repeats itself. It is and has always been end of October (every 4 years) when the bear market ends. The best 2 key visuals: 1. the Bitcoin fractal 2. one week candle where I draw lines at the end of each bear market since the 2017 bull market hope this helps NOTE: the 200 day moving average will intersect with the 50 day right on time. According to the downward channel we are set to see a low of between $55,000-64,000 It's happening. Plan accordingly
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Replying to @colorado_crypto
it's hard to miss if Bitcoin reacts the way I want. closed my ridiculous LINK long a bit ago, I was fairly certain I could time the bottom precisely, so I 100x'd that mofo, it's so funny, my colleagues in TradFi cannot comprehend these things.
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Replying to @ChickenBigly
I created a time inference probability based on the symmetry of the emerging head and shoulders pattern. It’s just a ridiculous wild guess. I have no clue 😂
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Super symmetry. The infamous head and shoulders. What a beautiful display of natural phenomenon. Bitcoin is going down. $64k
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