For those of you that didn't take a look at our blueprint of BTC, it's not to late.
Added a new resistance line via BLUE from the 2018/19 bottom through 2020 support. This view gives us greater visibility into where a top might be.
The top will be in 2025!
Bottom in the next couple months?! We'll see some volatility, but with the upcoming halving in 2024 - we should wittiness some recovery, stabilization, followed by upside - the timing of large liquidations isn't by accident - the future has already been written #Btc#Bitcoin
So the chart hasn't changed - here's what #BTC $btc #Bitcoin looks like today. Volatility shouldn't surprise you here.
Stay safe friends 🤑
https://t.co/xUSjaQyzb6
Bottom in the next couple months?! We'll see some volatility, but with the upcoming halving in 2024 - we should wittiness some recovery, stabilization, followed by upside - the timing of large liquidations isn't by accident - the future has already been written #Btc#Bitcoin
Saw some debates in the community. When you do the right thing, and there is FUD, you don't have to do anything. The community defends you.
Let me summarize. There have been a lot of negative news/rumors, bank runs, lawsuits, closing of fiat channels, product wind downs, employee turnover, exit markets, etc.
Guess what we don't have?
No liquidity issues. All withdrawals (and deposits) are properly handled. All customer funds are #SAFU, and 100% reserved.
There are also: won court cases, bank run handled and then record deposits, new fiat channels, smooth sunsetting of old products and launching of new products, new hires, new markets.
Binance probably also have the lowest founding team turnover of any tech startup of our size and age, in the world.
Build. 🤷♂️
@E1war Agreed but only up to 1:1 leverage & w/o the lender playing any #rehypothecation or collateral substitution games. Most (if not all) #bitcoin lenders in the last bull mkt played such games--they not only collapsed, but they hurt the industry & everyone's cost of capital went up.