Strap in, buckos.
Weekly Close above $11.5k
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>weekly close
>in a 24/7 market
You dumb, kid?
learn what a candle is.
Are you new? Everyone knows traders look at closes to determine support/resistance. The longer the time frame, the more important. With BTC, the closes are based on UTC time. The highest weekly close since Jan 2018 just happened, and is a very bullish signal.
He's actually smart in a way because traders are fucking retards and i think that's been established in almost every sense of that word
last week was bullish engulfing so this week was sure to pump, but then it rejected the same trend line from the previous weekly tops
if it was that bullish it would not have rejected the level and closed above 12k
Relax, Tether printers will resume after the AidilAdha holidays
If it never closes then maybe your candles are bullshit?
or they will keep burning
the NYAG case isn't closed
>You dumb, kid?
t. Brainlet
>bitcoin never moves according to TA
>TA based of market trend of markets which actually close and open
Why is it a stretch to assume that 24 7 exposure to market force results in TA being inaccurate? You think more data points help? Apparently not.
but the candles do close you dum fuck. otherwise we would not have weekly or monthly charts
and yes trader do trade according to closing prices of these candles
those are reserves being burned, NOT circulating tether
mcap is still the same after that
my personal take is they're moving those to the dark chain, but who knows. the prints will continue regardless.
>the prints will continue regardless.
unless they get shut down ...
Good luck shutting down an enterprise based in hong kong lmao
take this from someone who was a bobo and was 100% into tether fud, tracking all of the breadcrumbs
it's obvious there is very little they can do now. tether themselves are wising up and realizing what they're doing is unsustainable. if dark tether is true, this ponzi will continue on indefinitely, until crypto becomes so massive that tether will be irrelevant/will fade into the background. do not bet against tether.
>You dumb, kid?
No the candles don't close...its just an arbitrary measurement created by observers. Candles aren't real.
dumb ass nigga
candles represent price moment for given length of time, they might be arbitrary but so is the measure of time
only a retard would fail to understand this
holy shit imagine being this fucking stupid
Unless they fail and crypto doesnt become massive
Mmmmn Jan 2018
I know what the means
I'm hard
well most of us are extremely bullish for crypto long term, no clue what you're doing here if you aren't
NOPE sorry but CHAINLINK is going to take 5% dominance from BTC thx
Holy shit the absolute state of Jow Forums