#BTC
My bullish thesis hasn't changed since last July, and my squiggly lights the way for🐂
We've bottomed, and it's quite insane to fade an 8 month long accumulation range imo
The market can remain irrational far longer than 🐻 can remain solvent
/6
Yeah, it’s over…thankfully liquidated most of my portfolio several weeks ago. Even as an observer, the brutal nonstop dumps are a little jarring- pls be safe
I’ll buy back in on capitulation candle(s) or a drawn-out rounded bottom
Worst bull market ever.
🐂📉☠️⚰️🪦
/2
If I'm wrong, I'll eat my hat and cry into my pillow, but I have enough remaining to enjoy the pump.
Few key reasons why I pulled the trigger potentially early:
/5
I will continue monitoring markets until I'm *sure* the bull market is over. Looking to be a BTC buyer on any major leg down.
Then hibernate until it's time to buy back in with the rest of my cash to do this all over again.
This is NOT the last cycle. We've only just begun.
One of my only remaining positions is #WIF. Other than BTC, I couldn't resist holding onto memecoins- the potential omega moon pump would be glorious
LFG woof woof 🐶🐶 HAT STAYS ON
this ironically has potential to be the $wif bottom.
the major A wave has now been swept, the bear market obviously lasted longer than i had originally anticipated but there's some nice signs of life forming here on ltfs.
obviously very early days and we haven't seen a 5 wave rise from the lows "yet" but i think theres a decent chance one has begun to form.
I've sold.
Most of my bags anyway. Feels great to secure the winnings, and if I'm wrong, the remaining bags will pump plenty to keep me happy.
imo, we're either at or about to enter the final leg
$BTC
I was wrong...the consolidation had only just begun lmao. We're wrapping up 8 months here; breakout will be intense
Given the 1st HH within the consolidation channel, I'm biased for up 🐂📈
🎯: ascending white diagonal...probs higher
$BTC 🐂🐂🐂
Bullish AF
We got the tap to $38k I expected, consolidated under the ascending white diagonal (shorter time than I expected!), then had a weekly close above that same line + horizontal weekly pivot
Additional thoughts to follow, but that's my technical view
@krugermacro In my humble cheesy opinion, if a crypto veteran had these mood swings despite 2+ cycles, they need to reevaluate if they should be actively trading their portfolio
@wassielawyer Most people are -struggling-
Sky high student loans, mortgages, car payments, incessant inflation, etc
Makes sense they need to take care of their base needs first before even thinking about the future of finance