BTC Coinbase Premium at -0.221%, Suggesting a Potential Buy Signal
โHistorically, this phenomenon has been temporary during bull markets, often attracting new buyers who saw it as an opportunity.โ โ By @MAC_D46035
Read more ๐
https://t.co/xhZIIrKMz3
The MVRV Z-score has predicted every #bitcoin cycle top so far.
As it stands, it's nowhere near printing the exit signal again.
Looks like we've got room to grow.
Higher.
Bears and panic sellers never learn from their mistakes. Bitcoin usually makes all of its big moves in 7-21 days only, then it becomes boring and moving sideways for ages before we see another big move. The box was not different, but peoples minds are different.
๐ฅตLargest ETF Outflow in 4 Months
Bitcoin Spot ETF saw a massive $670 million outflow (~6,700 BTC). This wasnโt unexpected; market data had already signaled this shift.
Whatโs next?
A thread ๐งต๐
IS THE SUPER CYCLE IN FOR CRYPTO? ARE ALL 5 WAVES FINISHED?
FACTS:
5 WAVES ARE COUNTED
BEARISHLY DIVERGING RSI SHOWN CLEARLY BETWEEN WAVES 3 AND 5 EACH BULL MARKET.
MASSIVE 7-YEAR TRENDLINE.
#BTC
It is Week 7
And my approach has been to be Concerned and Risk-Off in Weeks 6-8, especially for building any new positions
This has played out exceptionally well for Altcoins which have since seen double-digit downside
Long-term positions for BTC and Altcoins are still intact regardless
$BTC #Crypto #Bitcoin
@Jamyies Thanks James for always posting these charts and videos, I look forward to them daily. I bought your master course too, learned a lot from it.
I donโt know why people are so impatient about $ETH
2024 is the #BTC Halving Year.
Check out the Halving +1 Year Returns (2017, 2021) for #Ethereum
Q1 2025 is coming. ๐๐๐
Let's do a giveaway. Like, comment, and retweet.
Chance to earn a lifetime membership to my elite tier trading group where I call every position I take and access my 20 hour course to learn all I know.
Come see how I'm able to make $400K+ a month consistently day trading in a bull market. The time is running out to learn and study. You must take advantage of this bull market now.
There's a 60% off sale that ends Dec 31st. In 2025, all signups will be permanently closed to my elite tier, so the opportunity to get in is running out. There will be too many people in the group in 2025 and unfortunately I won't open it again for a very long time.
https://t.co/wL6CS1km0J
I wanna say this first. Bookmark this. Crypto corrects on day 240 after halving in both 2016 and 2020. We're on day 236. A massive drop can occur soon. It's not a good time to be in short term trades. This post isn't a joke or sarcasm. I'm calling it now. A drop in 1-2 weeks.