π΅ How to Buy the $BTC Bottom:
20%-25% below the 200-week moving average.
All past Bitcoin bear markets have provided at least ONE entry into BTC at 25% below the 200-week MA.
00:00 Intro
00:38 BTC recap. Where it is today
02:47 Historical bear market drop percentages
10:51 Spontanous Rant: Colin's long-term bullish outlook on $1M BTC
11:53 Historical bear market drop percentages, continued
13:36 The 200wk MA & great entries 20%-25% below it.
@zerohedge C'mon... 1-minute candles? What a joke. Clickbait.
Zooming out... US oil prices "collapsed" to yet another swing in the broader pendulum of consolidation, wayyy above where it used to be.
I fully expect @SpaceX to become a very valuable company, but I don't expect it to go vertical overnight after the IPO.
In fact, I wouldnt be surprised if we see short term excitement culminate in a pretty quick local top, with lower entries than the IPO price possible in the year or couple of years to come.
Patiently waiting.
SpaceX will be HUGE, but not overnight.
The post below pretty much sums it up.
Don't be suckered in by euphoric talk, up front. Never chase the hype. Wait for it to settle and the price will come back to you. $SPCX
I fully expect @SpaceX to become a very valuable company, but I don't expect it to go vertical overnight after the IPO.
In fact, I wouldnt be surprised if we see short term excitement culminate in a pretty quick local top, with lower entries than the IPO price possible in the year or couple of years to come.
Patiently waiting.
SpaceX will be HUGE, but not overnight.
The post below pretty much sums it up.
Don't be suckered in by euphoric talk, up front. Never chase the hype. Wait for it to settle and the price will come back to you. $SPCX
I fully expect @SpaceX to become a very valuable company, but I don't expect it to go vertical overnight after the IPO.
In fact, I wouldnt be surprised if we see short term excitement culminate in a pretty quick local top, with lower entries than the IPO price possible in the year or couple of years to come.
Patiently waiting.
SpaceX will be HUGE, but not overnight.
The post below pretty much sums it up.
Don't be suckered in by euphoric talk, up front. Never chase the hype. Wait for it to settle and the price will come back to you. $SPCX
Whether you call this a rectangle, a channel or a megaphone,
If $DXY breaks upward that would be bad for risk assets. It looks like it may want to.
It would also time with a bubble popping in the overheated stock market and all of these euphoric IPOs and AI euphoria.
I see this all culminating later this year in a meaty correction-- perhaps right around when $BTC's cycle bottom forms.
October? August-November?
The weird thing about this feature is that the post a user makes is frozen in time, and yet the embedded price chart shows the current, live price.
Therefore, I am not sure what the practical use of this is.
The post's content would likely not make sense with the context of chart, in the future.
@KobeissiLetter Zooming out... US oil prices "collapsed" to yet another swing in the broader pendulum of consolidation, wayyy above where it used to be.
@CENTCOM How come all these charts showing number of boats passing through the Strait of Hormuz show extremely low levels for the past few monthsβ nowhere near the βhundredsβ stated here?