Privacy belongs on L2, L1 needs to be auditable.
Imagine all the gold backing the world’s money inside Fort Knox and it not being audited… exactly… that happened and it ended the gold standard.
My forecast for #Bitcoin and #Altcoins
Part 1 - #BTC:
Multiple key signals point to momentum loss in the bull trend. Market sentiment + RSI hit lowest levels since FTX collapse, suggesting this sell-off is likely overextended, nearing exhaustion. Long term distribution likely.
True story:
My wife buys $200 of $BTC and $ETH every week
$100 on each
Since Oct 2019 till today
She's never been on CT, never traded any other tokens
Just BTC and ETH
Despite my "knowledge" around Web3, her crypto portfolio has significantly outperformed mine
Lesson in that
@shanaka86 The numbers were not made to add up. This is engineered.
Read Michael Burry chart explaining how suspicious this is.
Enron was doing very fine until the truth came out.
Hello everyone! ☺️
I'm starting to track #BTC first wave from the bottom (W1) and here's what I'm seeing so far...
I believe that #Bitcoin is in subwave 4 of W1 now with LTF support at ~$91.3k. This level needs to hold for the next day or so! The top of this Wave 1 is measuring exactly at the critical $94.1k level. On the next wave up and once #Bitcoin goes to test that level as resistance, we need to watch for a bearish div on the RSI. I'm expecting a pull back after that for W2.. This pullback should NOT make a new low in price- currently measuring ~$90.7k but will be adjusted with the top of W1 price.
This is my plan for #Bitcoin during the next couple days or so! I'll keep you guys updated as it starts to form these first few waves of the new trend to $130k!
#CryptoMarket #CryptoTrading #Crypto