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The Swamp

  • #125,961
  • Dec 8, 2025 2:02pm Dec 8, 2025 2:02pm
Still thinking BTC looks weak, expecting a move toward the lows again, at least...
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Look Sharp/Trade Tight
  • #125,962
  • Dec 8, 2025 2:57pm Dec 8, 2025 2:57pm
I think 1647 and/or 1606 hold the keys. If below 1647 potential to fall is decent the closer the better for a short. But above can mean bullish. If it slaps it back down again. 1606 has a stronger potential to be a S Bullish above), but breaking 1606 sustained is bearish. Just like now below 1647 is bearish
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those who can, do. those who cant, talk about those who can
  • #125,963
  • Dec 8, 2025 3:01pm Dec 8, 2025 3:01pm
Quoting PayTheLimit
Still thinking BTC looks weak, expecting a move toward the lows again, at least... {image}
That defense funding bill coming out. Scooter promised other GOP members it didn't include a part to help Bitcoin. But Scooter left it in. That may allow a big GOP fight. If left out, it would likely hurt Bitcoin. The margin for GOP votes is so slim, it may be left out. Basically if left out. The U.S. government don't invest in Bitcoin. You may see 45k again if they don't.
https://www.google.com/search?q=defe...hrome&ie=UTF-8

https://www.politico.com/live-update...ndoff-00459201
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those who can, do. those who cant, talk about those who can
  • #125,964
  • Dec 8, 2025 3:46pm Dec 8, 2025 3:46pm
Quoting gatorinla
{quote} That defense funding bill coming out. Scooter promised other GOP members it didn't include a part to help Bitcoin. But Scooter left it in. {image}
Cant find any reference to it still being in......do you have a link?
Its all just one persons opinion
  • #125,965
  • Dec 8, 2025 3:51pm Dec 8, 2025 3:51pm
Quoting axecap
{quote} Cant find any reference to it still being in......do you have a link?
It would have to come from a reporter. Mike tried to sneak it in for Trump. It may be flying under radar. Some GOP don like it. It would just take a few of them to stop it.
let me see if anyone is talking about it.
those who can, do. those who cant, talk about those who can
  • #125,966
  • Dec 8, 2025 4:02pm Dec 8, 2025 4:02pm
Quoting gatorinla
{quote} It would have to come from a reporter. Mike tried to sneak it in for Trump. It may be flying under radar. Some GOP don like it. It would just take a few of them to stop it. let me see if anyone is talking about it.
If most people think its out then bitcoin maybe already priced accordingly.
Its all just one persons opinion
  • #125,967
  • Dec 8, 2025 4:12pm Dec 8, 2025 4:12pm
Quoting axecap
{quote} Cant find any reference to it still being in......do you have a link?
https://www.google.com/search? Some want it in, some want it out. Some were promised it would be included in July. Its not the bill some hardliners want want. https://www.google.com/search?q=cbdc...hrome&ie=UTF-8 A Central Bank Digital Currency (CBDC) is a digital form of a country's official currency, issued and backed by its central bank. Unlike decentralized cryptocurrencies (like Bitcoin) or private digital money (like commercial bank balances), a CBDC is a direct liability of the state, making it the safest form of digital money available to the general public. https://www.federalreserve.gov/cbdc-...20stakeholders.
those who can, do. those who cant, talk about those who can
  • #125,968
  • Dec 8, 2025 4:22pm Dec 8, 2025 4:22pm
Anyone see anything credible about a Russia credit payment missed to China? I know Something like that happened last time the Soviets Union fell.
those who can, do. those who cant, talk about those who can
  • #125,969
  • Dec 8, 2025 4:23pm Dec 8, 2025 4:23pm
Quoting axecap
{quote} If most people think its out then bitcoin maybe already priced accordingly.
Possible...Most people are often wrong.
those who can, do. those who cant, talk about those who can
  • #125,970
  • Dec 8, 2025 4:27pm Dec 8, 2025 4:27pm
Quoting gatorinla
{quote} Bitcoin has retraced to a number like 44.118 many times in its history, after a higher high. 44k-x may be a buy/ If it retraced.. It may sit in the area for years before a climb. {image}
Bitcoin 44,118 area looked interesting to me.
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those who can, do. those who cant, talk about those who can
  • #125,971
  • Dec 8, 2025 4:34pm Dec 8, 2025 4:34pm
Quoting gatorinla
{quote} Bitcoin 44,118 area looked interesting to me.
weekly I did awhile ago.
not trading according to it only scalping, but yes 48ish is likely

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Its all just one persons opinion
  • #125,972
  • Dec 8, 2025 4:35pm Dec 8, 2025 4:35pm
Quoting axecap
{quote} weekly I did awhile ago. not trading according to it only scalping, but yes 48ish is likely {image}
the impact that would have on MicroStrategy could kick off a massive stock market "correction."
Its all just one persons opinion
  • #125,973
  • Dec 8, 2025 4:39pm Dec 8, 2025 4:39pm
mstr weekly.


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Its all just one persons opinion
  • #125,974
  • Dec 8, 2025 4:50pm Dec 8, 2025 4:50pm
Quoting axecap
{quote} weekly I did awhile ago. not trading according to it only scalping, but yes 48ish is likely {image}
30.5K is not impossible. A 75% drop is possible. Its done it more than 3 times in the past after making those ATH.
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those who can, do. those who cant, talk about those who can
  • #125,975
  • Dec 8, 2025 5:01pm Dec 8, 2025 5:01pm
Quoting axecap
mstr weekly. {image}
With the latest purchase, MicroStrategy has increased its total Bitcoin holdings to 660,624 BTC. These BTCs were acquired for a total of $48.38 billion at an average of $74,436 per coin.
https://www.thecoinrepublic.com/2025...r-stock-jumps/
Its all just one persons opinion
  • #125,976
  • Dec 8, 2025 8:00pm Dec 8, 2025 8:00pm
Quoting axecap
{quote} With the latest purchase, MicroStrategy has increased its total Bitcoin holdings to 660,624 BTC. These BTCs were acquired for a total of $48.38 billion at an average of $74,436 per coin. https://www.thecoinrepublic.com/2025...r-stock-jumps/
It dropped many times after a higher high. To -75% from high. the time it went to 74.5xk. It did the same roughly. It was about 4 years between the last high to high. Jan 2018 to Nov 2021. This year atm the high was in October. It fits the 4 year schedule. That don't mean it will repeat the pattern.. But atm its rhyming.
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those who can, do. those who cant, talk about those who can
  • #125,977
  • Dec 8, 2025 8:05pm Dec 8, 2025 8:05pm
Quoting gatorinla
I think 1647 and/or 1606 hold the keys. If below 1647 potential to fall is decent the closer the better for a short. But above can mean bullish. If it slaps it back down again. 1606 has a stronger potential to be a S Bullish above), but breaking 1606 sustained is bearish. Just like now below 1647 is bearish {image}
here is a test of 1647..
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those who can, do. those who cant, talk about those who can
  • #125,978
  • Dec 8, 2025 8:09pm Dec 8, 2025 8:09pm
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I will take the r/r and shoot for 40ish pips on a drop.
those who can, do. those who cant, talk about those who can
  • #125,979
  • Dec 8, 2025 8:15pm Dec 8, 2025 8:15pm
If the 6h close is below 1647.. It could help the 12h be below it and test 1621. 1621 can allow a wick below it closer to 1606.. There may be a a violent up in this area.
A b/o requires breaking below 1606 and holding below. A quick wick wont do it.
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those who can, do. those who cant, talk about those who can
  • #125,980
  • Dec 9, 2025 4:08am Dec 9, 2025 4:08am
Quoting gatorinla
{quote} here is a test of 1647.. {image}
I would normally say this 12h close above 1647 is bullish, but it closed below 1654 on its bear side. These 2 things are at odds...
If it fall back below 1647 it may be bearish, above should test 54.. It can b/o or reject.

If it to continue being bullish, I don't think it will slip much back below 1647 today (sustained ) or maybe this week. Slipping back below may have a chance at 1606/07 again.
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