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Small update, my upper target was breached, so the next one is 11600. It gets a bit "thin" up here, as price hasn't been up in this range for very long. This implies that further moves could be quite impressive. Grinding higher, looks good on the Daily and longer term charts. I'll update if anything changes.

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Good breakdown on the "upgrade" that allowed in its wake a 51% attack by the two top miners to collude and choose which tx's to accept -- twitter.com/TheCryptoconomy/st
Its what we suspected all along, that is a centralized forking mess, that allows a few bad actors to enforce their rules on the participants.

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I hate linking Twitter, but this is one of the best threads I've seen about monetary bases and how Bitcoin fits into the global monetary system.
twitter.com/crypto_voices/stat
Worth the time to read.

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This article is a great writeup about how the core assumptions of are fundamentally incorrect, compared with uptake by
medium.com/coinmonks/why-ether

Craig Wright's nChain has squeezed out this turd - medium.com/@_unwriter/the-meta Its full of technobabble and tesseracts. I don't even know where to begin dissecting this garbage. Enjoy.

Interesting writeup from a lawyer on the Craig Wright legal case now pending. It looks like he's totally screwed. medium.com/@danielkelman/opini

Small update, my upper target was breached, so the next one is 11600. It gets a bit "thin" up here, as price hasn't been up in this range for very long. This implies that further moves could be quite impressive. Grinding higher, looks good on the Daily and longer term charts. I'll update if anything changes.

Two interesting links today, first, a good exposition on the tradeoffs Bitcoin has made. Useful when you debate a shitcoiner - medium.com/@nic__carter/bitcoi
Second, Jameson Lopp dives into Libra and gives a rundown - onezero.medium.com/thoughts-on
It looks like a centralized shitshow to me, with possible KYC/AML required to use their wallet.

Bitcoin breaking out, and now this wonderful bit of news - twitter.com/skylark_bitcoin/st is on its last legs, dev-funding wise. More here -- cryptopotato.com/bitcoin-cash-
Looks like even isn't funding them. No honor among thieves. 😎 🍿 📉 💥

Interesting article on the Bitcoin whitepaper copyright brought by the Aussie pain-in-the-ass Craig Wright -- medium.com/@sheets/challenging
Some have filed as well, which means CSW will have to prove things in order to enforce. Interesting.

We've flipped back on the Daily, so I'm focusing again on the upper target of 10,000. I don't mind giving up a portion of a move, it helps me mitigate my risk. I'm glad the sell scenario didn't materialize like I suspected, and we're back on track to stair-step our way to new highs. I'll update if this changes again.

Bit of an update, seems the Daily has flipped to the Bear regime. Have I seen this during longer-term uptrends? Yes, I have. This puts the focus on possible retracement, which I'm estimating at 6500 worst-case. Magnitude is always difficult, but I try. I'm not giving up the ghost on 10k, just that we'll have to waver between here and there. Best scenario would be a slight deflection before resuming the uptrend.

More a state-of-the-market than anything else. We've faded from the earlier local highs, but I still see the 10k target as being possible. Naturally, when we have any kind of retrace the forums and usual dens of trading newbies start freaking out and pushing the red "SELL" button. Price action is a journey, not a up-to-the-right exercise. I'll update if anything changes fundamentally.

Interesting article on the token experiment known as "Bomb". Shows that deflationary currencies aren't quite as crazy and impossible is some lead us to believe.
Usually its bankers that believe in inflationary policies that line their pockets 😂
medium.com/@zacharydash/14-thi

Interesting analysis on Bitcoin trading volume, broken down by exchanges. Uses a few assumptions to sniff out the fakers and scammers. In the end, anyone using reported volumes as facts might want to reconsider in light of this article.
medium.com/altcoin-magazine/re

Nice breakout on the intraday, we've obliterated the 8500 target. There isn't much between us now to the five digit mark, so I'm adjusting my upper target to 10,000. How quickly we reach that is anyone's guess, but I think we have a good chance to achieve it.

Good breakdown on the "upgrade" that allowed in its wake a 51% attack by the two top miners to collude and choose which tx's to accept -- twitter.com/TheCryptoconomy/st
Its what we suspected all along, that is a centralized forking mess, that allows a few bad actors to enforce their rules on the participants.

I hate linking Twitter, but this is one of the best threads I've seen about monetary bases and how Bitcoin fits into the global monetary system.
twitter.com/crypto_voices/stat
Worth the time to read.

No you aren't and even the US Copyright Office felt they had to clarify -- coindesk.com/us-copyright-offi
You can file, but it isn't proof of anything. Naturally, that snake in the grass tried to leverage his filing by saying " This is the first government agency recognition of Craig Wright as Satoshi Nakamoto, the creator of Bitcoin." Which is false, since the Copyright Office doesn't investigate such claims. God, what a twat.

We're relentlessly grinding higher, 8000 looks like its in reach with an upper target now of 8500 on deck. Shorts on Bitmex are going to get liquidated in cascade fashion, which may squeeze us up to these heights rather easily.

We've managed to push through 6400, and the next target is 1000 points higher. Knowing how these work, I'm not expecting a connect-the-dots kind of move, we'll have some backfill and other gyrations between here and there. Still think the real push doesn't happen until late June into July. I'll keep an eye on it and update as needed.

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