@KillaXBT I will long when billions of longs get liquidated. Heat map and bearish divergence: 3-day RSI, MACD, money flow, and completed Elliott waves mean one thing: down until longs get liquidated.
@KillaXBT The bear market is not over until we see some rate cuts. I expect we're going to see 5 more rate hikes. September will be red. October will be red. Every month we will gonna see 25 biases rate hikes. This week will close below 50 w/MA.
@cryptorover Have you ever heard of a delayed crash? If you remember the 2023 hike, you wouldn't say that. After the rate hike, BTC stayed almost flat for more than 20 days, and a 16% crash happened. Of course, this time we won't crash more than 10% after all prices expanded 3 times.
@cryptorover The $4 billion to $6 billion per round is small compared to the $28 trillion total U.S. national debt. Paying off old debt and adding new debt is a huge win, I guess. There is a 2 scenerio for BTC now: pump back to the 83-84k zone and dump to the 69-72k zone.Or consilade and 70k
@NotThespeaker@cryptorover Don't worry, not everyone is truly bearish; we are just, you know, getting the better entry and still talking bullshit while profiting from a good entry. Newbies believe the fud lose money.
@KillaXBT Well, COVID news impacted the market in 2020. I still remember many of the investor bankrupt after that event. News has impacted the market many times before. It is just to liquidate the small hands or retail traders.
@BitcoinHypers The only thing bothering me is that we bottomed out earlier than the 4-year cycle, so I am expecting some kind of crash. Also, the second indicator hasn't touched the zone, so I am waiting to touch. I am expecting 69k for my next long
@BitcoinHypers Yeah, you're right. I also saw that bearish divergence. Following my accurate indicator for the last 4 years. Well, it's not perfect 2023 bottom was 15k, but I bought at 17k 2 months earlier; sometimes good is better than great. However, 2026 is a perfect entry right there.