1/ End of June, the EU reached political agreements on MiCA & TFR, the most comprehensive crypto regulations to date in a major jurisdiction.
Since then many are wondering where they can find the final texts & when they will come into force.
An update thread on MiCA & TFR 👇
There's an ongoing attack targeting the Solana ecosystem right now. 7000+ wallets affected, and rising at 20/min. Because it's very early and the attack is ongoing, there's a lot of misinformation and speculation. So here are a few thoughts and clarifications.
14-month #Bitcoin corrections.
Eyeing 28-29K as next major HTF resistance at 20W EMA.
50/100W EMA test likely to come after, following their cross.
Closing above both should confirm correction end.
QT will probably end in early 2023, and not because of recession.
It will stop because the Fed can't shrink its balance sheet past $8trn ($8.9trn now) without introducing problems for the system.
The math is below.
1/
(Fed total assets)
Macro #Bitcoin forecast based on wave symmetry.
Highly speculative.
Post-2023 remains my greatest uncertainty relative to macro economic and equity market health.
Partially invested in this thesis, and partially trading the shorter term to manage risk.
#Altcoin market cap is back at the intersection of its 8-year trendline, local .272 retrace, and prior ATH...
As $DXY is parabolic into a long-term trendline and local 1.414 extension.
If the #altcoin cap TL holds and $DXY reverses, I personally am looking forward to 2023.