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Thursday, March 28, 2024

Bitcoin is so like 1979 silver

Courtesy of Read the Ticker.

bitcoin-is-so-like-1979-silverYip, Bitcoin smashed up and smashed down, yet the final wash out is still to come.

More from RTT Tv

Reference from video content link: HyperWave
 


 

Silver match up:


Silver
 

And a reminder of Bitcoin cycle.
 

Cycle bitcoin
 

Another view (no association)
 


And more here (take note around the 5 min mark on OTC)


 


 

Fundamentals are important, and so is market timing, here at readtheticker.com we believe a combination of Gann AnglesCyclesWyckoff and
Ney logic is the best way to secure better timing than most, after all these methods have been used successfully for 70+ years. To help you applying Richard Wyckoff and Richard Ney logic a wealth of knowledge is available via our RTT Plus membership.

Investing Quotes…

“My satisfaction always came from beating the market, solving the puzzle.  The money was the reward, but it was not the main reason I loved the market.  The stock market is the greatest, most complex puzzle ever invented – and it pays the biggest jackpot…it was never the money that drove me.  It was the game, solving the puzzle, beating the market that had confused and confounded the greatest minds in history.  For me, that passion, the juice, the exhilaration was in beating the game, a game that was a living dynamic riddle"..

Jesse Livermore

"A radical is one who speaks the truth."..

Charles August Lindbergh Snr

“It is much harder to sell stocks correctly than to buy them correctly.” Because of the emotional aspect of trading, if a “stock went up, the average investor would hold because he wants more gains – he’s exhibiting greed. If the stock declines, he also holds on and hopes the stock will come back so he can at least sell and break even – he’s hoping against hope”..

Bernard Baruch

“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”..

Bernard Baruch

“I measure what's going on, and I adapt to it. I try to get my ego out of the way. The market is smarter than I am so I bend.”..

Martin Zweig

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