Bitcoin topped in October, exactly when it supposed to top by the 4 year theory. Since then it's crashing. It just sounds too perfect to be true. Toooo much by the book. So I wouldn't be surprised if we see a new ATH not so long in the future and all shortists will be liquidated
Have you guys noticed that in the last 65 days the price of BTC was completely flat? And all what's been happening during these 2 months - manipulators just move the price up and down around some medium level picking stop losses of everyone, both shorts and longs (red arrows)
Here are two charts for you. The main one is a relationship between Nasdaq and S&P500. Nasdaq is riskier so when this relationship goes up it means that investors are ready to take more risk. The blue line is BTCUSDT. Do you see a correlation? #Nasdaq#SP500#Bitcoin
So. After the 2012 elections bitcoin went up 8000%. After 2016: 2000%. After 2020: 75%. Here is a question of the day: taking this trend into consideration, how much do you expect #Bitcoin to go up after this #elections? #Predictions
Beautiful. Puppeteers just gathered all SLs below 50k. Now we are going to move sideways until 16th of Sep, FOMC drops rates, BTC is up, and straight after the presidential elections when BTC is at ATH and people shout "To the moon" we will get the cycle top. #BTC#FOMC#CycleTop
🚨🚨Today I'm publishing my thesis on what I think could be the defining feature of the next 12-24 months in crypto.
Settle in, this is a long one. The thesis is called:
"A Lack of Pretense That Any of This Shit Does Anything or Will Ever Do Anything"
Not financial advice.
A quote of the day: Latest stages of the uptrend are ruled by emotions, not reason. Traditional variation tools like price to earnings ratio offer little help when patients run the asylum. And in the end, it becomes a game of the musical chairs.
Well, apparently #GBTC keep selling hard, but the other funds have stopped buying hard as they used to in the beginning, which shows that the money don't move from one #ETF to another, but just exit #BTC.
So we had a massive Y1, then it became a bit smaller, then Y4 became big and Y1 even smaller. What if Y3 is the big year this cycle with a small Y4 and red Y1? It makes sense as people try to pre-frontrun historic events... #bitcoin#cycles#prediction
#BTC
History suggest Bitcoin won't be able to break its Four Year Cycle resistance at ~$46000 before the Halving
But after the Halving - yes, comfortably so
$BTC #Crypto#Bitcoin