Gob Bluth

The Long and Sad Diary of a Crypto Gobbling Goblin.

[Gob Bluth @cryptohobgoblin]

Sentiment Tracker: https://t.co/CVd4WRwcYG

[Gob Bluth @cryptohobgoblin]

My current state of mind: is this what disbelief feels like?
Hard to believe that 5.8k was the bottom. I feel like more time is required in bottoming process. Feels too good to be true for all those in a long position: CT looks euphoric - Vegeta 9k memes out already etc.

[Bybit @Bybit_Official]

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Follow @Bybit_Official
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Post a pic w/ receipt + your UID in the comments
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We will reimburse you up to 41USD in #BTC trading bonus!

[Gob Bluth @cryptohobgoblin]

https://t.co/3gVKFm3ZzG

[EURSbot @EURSbot]

#Ethereum is up 80% from the lows at $146 today. What do you think the $ETH price will be the time of the fork? 🍴

One person with the closest guess that also Likes, RTs, and Follows @EURSbot will win 1000 $EURS! 💶🔮🎉

(Predictions within 48 hours of the fork will not count.)

[Gob Bluth @cryptohobgoblin]

@EURSbot $152.15

[Gob Bluth @cryptohobgoblin]

Dump coming in 3,2,1..........

[Gob Bluth @cryptohobgoblin]

@PhilakoneCrypto His name was...Balto.

[Gob Bluth @cryptohobgoblin]

The short squeeze happened: BTC went from $6500 to $6800 in a matter of minutes. This all went down whilst BitMex site was under maintenance - whales likely exploited this purposefully as there wouldn’t have been as much overhead resistance on ‘smaller’ exchanges i.e. Bitstamp.

[Gob Bluth @cryptohobgoblin]

My current state of mind: is this what disbelief feels like?
Hard to believe that 5.8k was the bottom. I feel like more time is required in bottoming process. Feels too good to be true for all those in a long position: CT looks euphoric - Vegeta 9k memes out already etc.

[Gob Bluth @cryptohobgoblin]

CT has been quiet recently since we’ve been rangebound for the last 2 weeks. This is the longest I’ve seen BTC range within such a tight consolidation pattern.
It appears as though a large impulse move is on the horizon. My hunch tells me short squeeze followed by large dump.

[Gob Bluth @cryptohobgoblin]

Shorts have been stacking up way too much vs longs and a whale will be tempted to exploit the liquidity a squeeze would provide only to short the market off of the inevitable news of a rejection.

[Gob Bluth @cryptohobgoblin]

Short squeeze into ETF news (ProShares) on the 23rd August imminently followed by dump on rejection.

[Gob Bluth @cryptohobgoblin]

@LynxCollection this is dope

[Lynx Art Collection @LynxCollection]

Another #giveaway is here!

We'll be giving away the new #Bitcoin Kickflip Astronaut on wood (limited to 5) to one of our followers once we reach 6K followers!

To enter:
1) Retweet
2) Follow
3) COMMENT

I will choose the best comment!

More about the art:
https://t.co/oP2eOJbiOv

[Gob Bluth @cryptohobgoblin]

Based on SEC decision and following statement regarding the disapproval of the Winklevoss ETF, I’m starting to think the possibility of an ETF for BTC isn’t very likely for the foreseeable future - maybe until the existential threat of Tether is resolved?

[Gob Bluth @cryptohobgoblin]

ETF thoughts:

[Gob Bluth @cryptohobgoblin]

@CryptoSays Do you have any resources you can point towards for further research on Gann? Any books, videos or websites that have been particularly helpful?

[Gob Bluth @cryptohobgoblin]

Need to consider front-running key support due to amount of traders on sideline who missed this move and are waiting to enter i.e. me

[Gob Bluth @cryptohobgoblin]

Prediction:
D1:
BTC will make contact with the 30MA in a couple days time at approx 7400-7700 level.
People will assume we’re heading to test 6.8k but we don’t.
Then we bounce and exceed the current highs of 8.5k.
We go as high as 10k and slowly grind back down.

[Gob Bluth @cryptohobgoblin]

Prepare to go long at key levels on the way down. Enter bids at 7900-8050.
Ladder down further at 7750-7450.
Prepare for alts to possibly make surge in this period.