Inspired by the wisdom of Notorious B.I.G. 👑
I've been in this game for years, it made me an animal
It's rules to this, I wrote me a manual
A step-by-step booklet for you to get
Your game on track, not your wig pushed back
@dankrupk Miran’s paper says the problem is persistent dollar overvaluation, not that the end goal is a stronger dollar. He also discusses the dollar and long term yields falling together, and says alternative reserve assets like gold and crypto would likely benefit. It’s in the paper.
@ig_scalp I’m a crypto content creator on TikTok, so I get a front row seat to retail sentiment every day. I can tell you with pretty high conviction that most people did not buy that bottom. They wanted lower. They got lower. Then fear made them wait for even lower.
@wick_btc Interesting fractal, but 2022 had DXY ripping toward 115, 425 bps of Fed hikes, QT starting and a crypto insolvency cascade. Today DXY is near 99 and QT has ended. Also, $880 × 0.60 scales the old bottom, not the correction. What drawdown formula gets ETH to $528?