Crypto Camel

NEVER rush anything in crypto - you will get wrecked.

[Crypto Camel @CryptoCamelYT]

PAY ATTENTION

What people don't want to hear right now is this:

The unpopular opinion now is that sentiment is bad enough for a bottom for $BTC.

Some influencers are still talking about "majority are still bullish". Either engagement farming or trapped within a bubble.

Open your eyes:

- Google literally published a paper laying out quantum risks for $BTC, which essentially can make it worthless.
- People think we are on the brink of WW3 with a new world order. WW3 doomers on Youtube are getting MILLIONS of views, every single day. Youtube algo is favoring total collapse.
- Few/no rate cuts in sight.
- Fear metrics have been flashing in extremes for weeks.

I gain literally nothing from saying this. I even think we can go lower, but I am not a bottom timer. I am just giving you a heads up, which is that sentiment alone is bad enough.

[Crypto Camel @CryptoCamelYT]

All you have to do right now is to survive the summer.

We're so close to a bottom for $BTC.

[Crypto Camel @CryptoCamelYT]

@tee1127079 Not really the point I’m making, but sure.

[Crypto Camel @CryptoCamelYT]

This time is different for $BTC.

This is the first time we have majority on-board with scheduled bottom happening in Q4.

A bottom formed by the TIME variable.

All the prior cycles majority were concerned about PRICE.

People waiting for "more bulls need to turn bearish" are going to be very confused.

They don't understand.

BTC can be $50k, $40k, $30k, $20k, it doesn't matter. People will still be bullish as long as we have the scheduled bottom happening.

The only way to get those bulls turned into bears will be a bottom after Q4.

And if that happens you will also be apart of the bears.

Mark my words.

[Crypto Camel @CryptoCamelYT]

$ETH is not dead.

People severely underestimate what ETH is going to do.

Watch this go way past $6,000 next bull run.

Bookmark.

[Crypto Camel @CryptoCamelYT]

Thesis still playing out for TOTAL3/BTC.

Moving forward, when $BTC goes down, $alts should bleed less.

Until BTC bottoms and pumps more.

What comes after this is You-Know-What.

[Crypto Camel @CryptoCamelYT]

TOTAL3/BTC

As long as TOTAL3/BTC is going up while $BTC is going down,

I see us having a similar setup to 2020, which led to the 2021 altseason.

[Crypto Camel @CryptoCamelYT]

This is the first bear market for $BTC where the time variable is the main consensus variable for finding a bottom.

This is why it seems like so many people are comfortable buying the dip, no matter how low we go (as long as it's within the 4 year cycle).

There has to be a curveball here.

And I think it will be in relation to the time variable.

This bear market will either be shorter or longer than what people expect.

[Crypto Camel @CryptoCamelYT]

Rarely do you see this many people excited for a $BTC correction

[Crypto Camel @CryptoCamelYT]

When we have days like these for $BTC,

it just confirms what many people don't want to see.

And that is that many altcoins bottomed months ago.

[Crypto Camel @CryptoCamelYT]

TOTAL3/BTC

As long as TOTAL3/BTC is going up while $BTC is going down,

I see us having a similar setup to 2020, which led to the 2021 altseason.

[Crypto Camel @CryptoCamelYT]

Just heard a popular influencer say:

"We are not supposed to talk about altcoins right now"

Now is exactly the time to start talking about altcoins

btw.

[Crypto Camel @CryptoCamelYT]

$BTC and market sentiment check at February lows btw.

Been saying this for months now,

Sentiment bottomed a long time ago.

[Crypto Camel @CryptoCamelYT]

Surprised by how everyone has been on the same page recently with $BTC.

Everyone saw this coming:

1. Rally from $70k to 200 day MA
2. Reject at 200 day MA
3. Come back to $74k

Now for the first time in a couple of weeks,

is where people have completely different outlooks on where we are going next.

[Crypto Camel @CryptoCamelYT]

There are some people who are still waiting for $BTC to go lower before buying anything.

They didn't buy anything when it went to $60,000.

Personally, I can handle a lot of risk.

But the risk of not loading up around the $60,000 level after World War 3 peak fear.

That is something I'll never understand.

[Crypto Camel @CryptoCamelYT]

$NEAR

So many alts look like this.

Testing multi year support.

If this turned out to be the bottom,

You are not allowed to say no one could've seen this one coming.

[Crypto Camel @CryptoCamelYT]

@tee1127079 Not really. Seems obvious the time variable is going to be throwing us off somehow.

[Crypto Camel @CryptoCamelYT]

Stop saying max pain is the bottom is in and $BTC goes on a rally.

It's going to be a hated rally for sure.

But,

True max pain is us bottoming later than Q4 this year.

Imagine us putting in a new low in 2027 after you have been brainwashed for the past months that October is going to mark the bottom.

Just take two seconds and imagine the kind of panic that would follow.

[Crypto Camel @CryptoCamelYT]

If you were here in 2021/2022, you know sentiment was hopeful when $BTC was approaching 200 day MA late march 2022.

Today? Pretty much everyone I talk to, wants it go lower.

Sentiment has bottomed.

[Crypto Camel @CryptoCamelYT]

$BTC drops 3% after being in an uptrend last three months

and people acting like we're going to be at $50k in two weeks.

[Crypto Camel @CryptoCamelYT]

I am starting to see obvious euphoria starting in stocks now.

Just heard someone talking about $MU being "insanely undervalued" at $906B market cap.

The stock has done a 10x within the last year...

Doesn't mean it can't push higher.

But this is topping sentiment, without a doubt.