Although sentiment right now seems ultra bearish, does a recession AT SOME POINT during Trump's term make sense, given he is the perfect narrative?
Supporters: Trump is a SCAPEGOAT
Opponents: Recession is DIRECT RESULT of Trump
Very clean narrative...
https://t.co/1nVwWVFa2J
"what's the copium? bitcoin is massively underperforming facebook stock and big players would want to distribute higher using the strategic bitcoin reserve narrative before a secular bear market"
Although sentiment right now seems ultra bearish, does a recession AT SOME POINT during Trump's term make sense, given he is the perfect narrative?
Supporters: Trump is a SCAPEGOAT
Opponents: Recession is DIRECT RESULT of Trump
Very clean narrative...
https://t.co/1nVwWVFa2J
"Saylor is worried? Maybe. But what if he's not bothered at all since his personal average is below $10K, and MicroStrategy is a C1A front for corporate bitcoin adoption. Tell me: where is MicroStrategy headquartered?"
"is the Spot ETF bullish?
genuine retail bid for bitcoin has been missing since 2017...
last cycle's relatively tame pump was hedge fund wyckoff distribution because of excessive systematic liquidity...
billions of monthly passive buying flow isn't bearish..."
> halving in 2024
> retail interest dry as a desert
> retail frothing in King Kenny's 0DTE stock casino
> spot ETF appears out of the shadows
> plumbing being set up for Big Tether and CME's Operation 2024
@Yodaskk > nation state agent main characters missing
> middle class retail inflow exclusive to bitcoin via spot ETFs
> crypto native retail pvp extraction by insider whales via memecoins
> desperate narratives
> CME Hedge Funds heavily net short
"still early, retail aren't here yet"
@deaftrader1 > narratives getting increasingly desperate
> general complacency that "retail isn't here yet"
> CME Hedge Funds record net short
@0xTiagoNunes CME Hedge Funds:
- maximally net short bitcoin on 13th April 2021
- minimally net short bitcoin on 20th July 2021
- maximally net short bitcoin on 9th November 2021
- minimally net short bitcoin on 3rd January 2023
Currently heavily net short (not necessarily maximally though).
> ETF inflows provide distribution narrative for big players
> retail FOMO higher
> CME Hedge Funds build huge net short
> ETF outflows provide accumulation narrative for big players
> retail capitulate lower
> CME Hedge Funds reduce net short
> repeat until recession...