Freeman

Proud European. 🇪🇺 Interested in politics & finances. I share information, that may be valuable to you, or just piss you off. Welcome to my profile 🤗

[Freeman @Coinman0071]

$SPX – Divergence playbook repeating?
Each time the MACD hits its trend top, the index keeps pushing another 14–17% higher before divergence plays out.

We’re here again.

If history rhymes → $SPX ≈ 7900 before momentum fades? https://t.co/qyV32E3Izm

[Freeman @Coinman0071]

@brettmacro 😉

[Freeman @Coinman0071]

@MaxCrypto What happened? You tripped over a wire?

[Freeman @Coinman0071]

@paoloardoino Nice, the second "Crypto currency" is in fact money wrapped into the Blockchain. But wait, this was the real innovation, Crypto was supposed to bring? Why not, at least something 😎

[Freeman @Coinman0071]

@thecryptomonk That's, why Crypto suffers. It gets shafted by real innovation every possible way...

[Freeman @Coinman0071]

@CalebFranzen So do we need FTX & Terra Luna levels of capitulation? Probably yes 🤔😬

[Freeman @Coinman0071]

😬 saying what?

[Henrik Zeberg @HenrikZeberg]

@MulderSonny We ARE in a BTC Bear Market.

Not in a Crypto Bear

[Freeman @Coinman0071]

@MulderSonny @ClassicDavid3 I'd rather would like to see the scenario, where a mild correction and sideways action takes place over the summer. If IPOs like Open AI and Anthropic should take place this year in Q3/Q4, I'd expect 8k points in the SPX at least. Then Armageddon.

[Freeman @Coinman0071]

@ClassicDavid3 👌

[Freeman @Coinman0071]

I'd lean towards BTC & Crypto may catch a bid. As long as there is sideways action or only a mild correction (~5%) is taking place in equities. Liquidity carousel...

[Freeman @Coinman0071]

Imo is the weakness of BTC directly correlated to the strength of TradFi. Meaning, liquidity is sucked out of it. The main question remains imo, what if TradFi corrects? Liquidity back into a high risk asset? Or the rather expectable further decline? A little bit tricky 🧐

[Freeman @Coinman0071]

If you are in doubt, this is a level to DCA.

[Freeman @Coinman0071]

@ClassicDavid3 @JesseOlson @MarcDeMesel I very well believe it's possible, but imo still not quite yet. Otherwise, there won't be any life-changing profits.

[Freeman @Coinman0071]

@RDollarclown @McClellanOsc Interesting. I thought about this level, when all hell breaks loose for some time now 🤔 probability is rising.

[Freeman @Coinman0071]

@McClellanOsc Thanks 🙏🏼

[Freeman @Coinman0071]

@krugermacro You know, why sell this tiny bit of 32 BTC to begin with? He destroyed trust, that will be hard to regain. So, either there are serious funding issues or he really doesn't care about strategy shareholders and anyone involved in his schemes. Sketchy...

[Freeman @Coinman0071]

@MarcDeMesel Marc, I appreciate your view of Crypto, you look at projects, like you'd look at companies. I remember your streams with Byteball-founder back in the days 👌 Eventually, the market choose other competitors. I hope, you got insight into this project/startup cause failure is likey.

[Freeman @Coinman0071]

@Roman_Trading My take as well. Crypto is mainly cooked. Was overvalued, maybe still is. BTC is a different story but has to handle other factors like Saylor.

[Freeman @Coinman0071]

In the end it's about liquidity and the upcoming IPOs need all of the risk capital available. I'd expect a market correction after that. So what's BTC going to do? That's still the main question.

[Freeman @Coinman0071]

The question about Saylor and strategy is, how likely a prolonged bear market will make this company force to liquidate BTC (and how much). Also, how likey a complete failure of strategy is. Imo, forget about the four year cycle theory, it's a different environment now.