$BTC 4-Hour
There it is.
Bullish divergence coming out of oversold RSI confirming now.
Will watch for 6-hour to follow in 2 hours and then the 12-hour in 8 hours.
My favorite set up - divs building across multiple time frames.
The Bitcoin Rainbow chart shows that $BTC is currently in the accumulation zone.
Last cycle, we topped in the "FOMO Intensifies" zone.
If we reach that zone this cycle, $BTC could go anywhere between $150K–$190K.
Where do you think we top this cycle?
JUST IN: 🇺🇸 BlackRock and Fidelity now own a combined 524,390 BTC worth $31.6 billion for their spot #Bitcoin ETFs.
Over 500k #BTC of the 21 million total Bitcoin belongs to two ETFs alone 🤯
KuCoin, one of the largest and most popular cryptocurrency exchanges, agreed to pay $22 million in fines and refunds and stop trading in New York to resolve a lawsuit by the state https://t.co/urihxAkr7a
People keep asking me what I think happens next in the market.
Here's what happens next.
I have between 5%-10% of my networth all in crypto gaming.
A) Bitcoin dumps hard in the next few months. We dive. Eventually good times return and we see the biggest bull run ever.
B) Bitcoin goes up only and we have the biggest bull ever.
In both instances my 5% in turns into my net worth doubling or tripling.
C) The absolute worst and IMO unlikely scenario is 5% of my networth is completely wiped out.
I have ZERO idea what happens next. Those are the 3 outcomes. The roulette wheel is spinning.
This is like going to Vegas and there is a roulette wheel with 2/3rds odds you 20x your money. 1/3rd odds you lose it.
MFer...I'm placing my bet and spinning the f$@king wheel.
sentiment seems so split down the middle lately, ive even started to ponder a scenario like this for #btc to chop out as many bulls and bears as possible.
JUST IN: EIP 1559, one of the biggest changes to #Ethereum to date, will go live in July, core developers have decided.
Report by @wsfoxley
https://t.co/UfTQNdHMWv
Billionaire Bitcoin investor Tim Draper thinks Netflix might be next to buy $BTC.
“You know who it might be is Netflix. I think [co- CEO] Reed Hastings is a very innovative guy and has a lot of creative thinking... And so I think that might be the next big one to fall."
Wait until the normies finally realize that they can earn 9% on $USDC by simply parking their money in crypto instead of their bank, which is giving them almost nothing.
That's the gateway drug for mass adoption.
"I think BTC goes to infinity so I'm going to gamble away the little BTC I have by betting on breakouts with high leverage"
The mental capabilities of some of the market participants in this market astound me