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    Thursday, November 5, 2020

    [Daily Discussion] Thursday, November 05, 2020 Bitcoin Markets

    [Daily Discussion] Thursday, November 05, 2020 Bitcoin Markets


    [Daily Discussion] Thursday, November 05, 2020

    Posted: 04 Nov 2020 08:05 PM PST

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

    Thread guidelines:

    • Be excellent to each other.
    • Do not make posts outside of the daily thread for the topics mentioned above.

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    submitted by /u/AutoModerator
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    [Altcoin Discussion] Thursday, November 05, 2020

    Posted: 04 Nov 2020 08:05 PM PST

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

    If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

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    submitted by /u/AutoModerator
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    Bitcoin Never Seems to Rest Lately. Could We Be Near A Slowdown?

    Posted: 04 Nov 2020 02:42 PM PST

    As a professional trader, we have to look at coins from every angle. There is no resistance for BTC from $14k to $20k right? Well on the surface that looks to be true. We need to look at a very striking line on Bitcoin's weekly chart that might indicate a slowdown and correction with a top between $14.5 - $15k. Think about it, if corporations and Grayscale need more BTC, they have incentive to scare retail investors out of their bags. A sudden turndown is the whale's number one tool to get more coins with minimum slippage. We just need to stay realistic and anticipate every possibility.

    submitted by /u/calvinweight
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