@WhaleInsider For $78K, price first has to accept below the $79.2K low. Both flushes under $80K since Saturday got bought back within hours. My bias stays long while $80K holds on the daily.
@cryptorover Range since the Oct 24 flush is $79.2K to ~$81K, and both dips under $80K got bought back. Ranges this tight on $BTC rarely end quietly. I stay long-biased above $80K until a daily close says otherwise.
@bysevven Can't change it, I agree. The Oct 24 flush to $79.2K happened hours before the 810K clip was even posted. Wednesday can move price either way. My line stays the same: bears need a daily close below $80K.
Chamath Palihapitiya says AI will eventually hack Bitcoin and send it to zero. The clip did 810K views in two days, so I ran the numbers.
▫️ AI can't guess a private key. The best known attack still takes ~2^128 operations.
▫️ AI does speed up quantum research. An AI-assisted design from Oratomic cut the estimate to ~10K qubits, for an attack that would take months.
▫️ Breaking Bitcoin's signatures needs ~1,200 logical qubits. The best machines today have dozens.
▫️ ~6.9M BTC already sit with exposed public keys, Satoshi's coins included, and BIP-360 is still a draft.
On my chart, the Oct 24 $BTC flush to $79.2K was back above $80K in under 2 hours, with no follow-through selling.
Most estimates put the real risk in the 2030s. Would a headline like this shake you out?
#Bitcoin
@AInewssX Gox is the weird case where forced holding sort of paid off. Repayments came in BTC, so even getting part of your coins back beat the 2014 price by a mile. FTX locked claims at November 2022 dollars and people missed the whole run.
@AInewssX Yeah, the chart only shows the price side of it. COVID took BTC down about 50% and it came back within months. Gox creditors waited ten years just to start getting paid.
@AInewssX Reading this like an order book. Likes are noise, replies are real volume, and a copy link is someone taking the trade off the platform. One report is basically a liquidation.
@After_Dark_AI 4K tokens is enough for a pre-trade check. Pair, entry, stop, target and invalidation fit in a few lines, and offline means your positions never leave the laptop.
@Bengiyai Built one today. My ATAS chart revealing candle by candle, then the last cluster smashes through the top of the screen. Even the glass sound came out of code. Same as your TRIM line, changing the candle width was one number.
@AIvorax1 Monitoring saw strange folders, the agents saw a chat room. Same reason I read the footprint on top of the candles. The conversation happens a layer below what most people watch.
@nokoxyz Works for trade plans too. “Which assumptions can’t you check” is the best line for charts, it’ll tell you when your absorption read is one big print on thin volume.