@cantonmeow I genuinely hope not. Because im convinced PLTR has another substantial leg down. Not convinced about BTC. In fact, I expect the latter to outperform.
@HovWaves there are a lot of people talking about opportunity & there is no real narrative threat outside crypto is decoupling from stocks. pls take a look at the tsla/oracle chart & map it against ETH today. the fractal is awful but shows great symmetry. cycles b4 there was more fear here
@cantonmeow Please look at the TSLA/ORACLE chart and copy the fractal to ETH/USD today. It’s worth looking at and sharing, because the truth is, it is horrifying
@BCBacker Hi @BCBacker my biggest concern is that we have been in a macro bull for crypto, if the regime has shifted to macro bear, wouldnt the liqs continue to get worse, while making macro lower lows?
@CredibleCrypto do you ever wonder if your theory was right? that this was the final 5 of 5 - only alts didnt participate because lack of breadth is common in the fifth wave. in which case, a giant macro bear would await and would continue to weigh on breadth
We’re in New York next week.
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@matthughes13 for now. i think we all need to learn that when the feed is commenting on how alts are dumping less, it only mean btc has more to go and eventually the wash out will come imo. pre capitulation this take is very common