Bitcoin: March 18, 2022 Bullish Friday!
Bitcoin is leading the way into what could be a “Bearish Resistance Shattering Weekend”, while we are still battling the resistance zones Bitcoin is showing signs of wanting to take a leg up.
We still have two resistance levels that are currently holding Bitcoin down. The good note being that we are currently above $41K and aiming at $42K again. I would like to see us break $42K while I am writing this article.
I have spent time talking about Bull Cycles and how Bitcoin still remains to be the dominant factor across the total market cap of crypto. This is an area of disagreement amongst a lot of individuals that haven’t fully observed the markets long enough yet.
When Bitcoin is Bullish, about 80% will go up and 20% will go down and as Bitcoin becomes Bearish 20% will go up and 80% will go down. I have watched this trend take place for years. Probably enough so that I have become slightly complacent.
I some times look at Bitcoin and see it’s performance is bearish and I may shrug off looking into a couple wallets just to find out I missed some decent sales potential. I am currently programing a Virtual Human Assistant named Bob. I’ll be releasing in depth articles about programing him, but it takes time.
I am currently working on his Crypto side. I got Bob programmed to retrieve the current prices of over 10 crypto currencies as of now. I am working on adding a portfolio tracking module so Bob will monitor my crypto in real time and alert me when any of the crypto currencies I hold are moving.
Is anyone else interested in this type of software or am I the only one that feels the need to have a Virtual Human Assistance help out with my portfolio?
Ripple is attempting to argue that the SEC’S internal documentation is useless for the SEC as grounds for suit since RIPPLE won the Fair Notice Defense Motion. Ripple has always worked with regulators, attorneys, government officials in order to achieve Ripple’s goals, CLARITY.
The suit is about whether or not XRP represents Ripple and would XRP even have a market if Ripple were order to cease and desist all involvement with XRP and ordered to burn all of Ripple’s XRP. Would that hurt XRP holders?
I personally like the idea of XRP on the basis of Ripple soliciting Banks & Governments to use XRP for (ODL) On Demand Liquidity that cost literally fractions of a penny to send Billions of Dollars instantly.
That is the XRP advantage
YOOSHI Family .28 Cents Per Million!
The chart above shows the partial history of YOOSHI on Trading View. I started buying YOOSHI around the summer time in 2021 The prices then were under $10 per 100 Million in comparison to $29.44 per 100 Million YOOSHI right now.
YOOSHI has performed a lot like Shiba has except on a larger time scale. YOOSHI is creating its very own ecosystem full of NFTS that give the holder Miner Powerups! I am vested in YOOSHI for the long haul or until I have house money plus enough so I get to keep a bag.
Ideally YOOSHI should start to make some decent moves to the upside within the next four weeks. I know that is a wide time frame on YOOSHI but it’s realistic.
Speaking of SHIB $22 per Million
I bought into SHIB at $0.04 per million, that is probably the only reason I bought into YOOSHI and other projects such as ELON that I normally wouldn’t have invested in before. A quick word from The Speaker Knockers, “Scared Money Don’t Make No Money”. That saying holds true sometimes.
SHIB has been the best investment I have made this far in terms of returns. I wouldn’t say the best investment based upon research at the time, but I am glad I took the leap. This week SHIB is geared up to tackle $28 per million.
This last few days have been rather bullish, today included. I know we have a ton of reasons why we should be extremely bullish right now. However the last several weeks Bitcoin has turned Bearish on Friday thru Sunday and turning turning Bullish again.
I would like to see the Bullish Momentum continue, break up above $42K and start challenging $46K That would put me in a comfortable state of mind with the crypto market, provided nothing crazy starts happening.
Most of the Market has been nice & green this week, sigh of relief. A lot of charts are starting to implicate a firm bottom giving reason to believe another leg is coming to the upside. We still have a high chance of going lower again.
The Moment you all have been waiting for.
BCH Bitcoin Cash
Bitcoin Cash BCH is not surprising moving upwards along with it’s predecessor Bitcoin. BCH is at a point where we should see a nice spike and provide we don’t get rejected for the 9th time we should be head up again towards the $ 420 range.
Thanks for reading, God Bless You & Stay Healthy!