Jack Palmer

Trader, investor & Cinnabon fund co-founder

[Jack Palmer @JackPal21]

I always tell to have at least 50% of your portfolio value in BTC #bitcoin

[Jack Palmer @JackPal21]

📈 Growth expected in Q4 ☝️ The 2024 numbers are very similar to those of 2016 and 2020. If the similarity is true, then growth is planned for Q4 🚀 ⚠️ However, this does not change the fact that Bitcoin’s decline below $58,000 led to the formation of a “death cross” 🤔

[Jack Palmer @JackPal21]

It is a great thing happened. Just X9Pool ⛏️ launched

[Jack Palmer @JackPal21]

I guess #BTC is in demand lately

[Jack Palmer @JackPal21]

Probably institutional money

[Jack Palmer @JackPal21]

#Bitcoin is down ~50% from the November ATH, making this the second deepest drawdown in this halving cycle.

☝️ Corrections in 2017, and early-2021 were much shallower between 20% and 40%, whilst July 2021 reached a drawdown of -54%.

[Jack Palmer @JackPal21]

NVT Signal compares the on-chain investment activity to Bitcoin’s valuation, continues to register the market as being in an oversold “buy zone”.

Structurally we are in a similar zone as the $30k band seen between May - July. It’s a waiting game for price discovery to respond.

[Jack Palmer @JackPal21]

#Bitcoin and several other altcoins reveal a higher short-to-long ratio than usual, indicating traders are expecting prices to drop. Traditionally, when this funding rate ratio is extremely negative, shorts are primed to be liquidated & prices rise 📈

[Jack Palmer @JackPal21]

#DeFi

DeFi total value locked (TVL) on multiple blockchains overview.

Let's see where the money flows into the most 🤔

[Jack Palmer @JackPal21]

Bitcoin - Days Spent In Price Range

Bitcoin seems to be stuck in the 40K range forever 🤔

☝️ By dividing the price range into buckets as shown in the chart, bitcoin has spent 120 days in each bucket on average.

The number of days spent in the 40K range is currently 118

[Jack Palmer @JackPal21]

In terms of adoption, Bitcoin has roughly the same users as the Internet had in 1997.

But Bitcoin's growing faster. Next 4 years on current path will bring Bitcoin users to 1b people, that's the equivalent of 2005 for the Internet.

[Jack Palmer @JackPal21]

Great news for #Bitcoin
Twitter integrates Bitcoin tips!
Thank's @jack

[Jack Palmer @JackPal21]

⚠️Buy ZRX NOW at 0.0000219 BTC

[Jack Palmer @JackPal21]

⚠️Buy SRM NOW at 0.0001831 BTC

[Jack Palmer @JackPal21]

The last explosive phase of the market is coming. Then comes the blow-off top. Many a millionaire will be made.

[Jack Palmer @JackPal21]

⚠️Buy MATIC NOW at 0.000027 BTC

[Jack Palmer @JackPal21]

All signals I give are to increase the amount of #BTC

[Jack Palmer @JackPal21]

⚠️ Buy CLV NOW at 0.00002779 BTC

[Jack Palmer @JackPal21]

‼️ Use no more than 5% of your deposit for each signal

[Jack Palmer @JackPal21]

⚠️ Buy SKL NOW at 0.00000782 BTC

[Jack Palmer @JackPal21]

Definitely a bull market #BTC