@KillaXBT Out of 100% of DCA capital, how much would you recommend to have invested as of right now vs leave dry powder for any further / stronger dip towards low 50s if it comes? Thanks!
@Sykodelic_ Thanks! In singles?? That’s v strong - how long have you been training for / did you start in track sports or so? I’ve heard that many who came from running into hyrox perform better at first then those who need to “learn” how to run like me lol
🚨 SUPER BULLISH? 😳
During a war, this is happening..
✨ $BTC has been outperforming $OIL for the past few weeks as it bounces from a long term Higher Low Support 👀
Oil undervalued or Bitcoin supper bullish?
@Sykodelic_ 4/X:
Day 6: Tokyo
Shibuya crossing shot from Mag’s 300
Shinjuku
Michelin-starred Ramen: Konjiki Hototogisu: shouyu soba / shio soba
Kabukicho
Golden Gai (bars)
Shinjuku omoide yokocho (izakaya)
Tokyo metropolitan government building
BREAKING: Turkey's central bank sold -58 tons of gold, worth over $8 billion, in just 2 weeks.
Gold reserves dropped -6 tons in the week ending March 13th and another -52 tons in the week ending March 20th, bringing total reserves down to 513 tons, marking the largest drop in 7 years.
Over half of the gold was used to borrow US Dollars via swaps, with the rest sold outright on the open market.
The gold sales also exceeded the ~43 tons of outflows from all global gold-backed ETFs over the same 2-week period, making Turkey the single largest source of gold liquidation worldwide.
This comes as the central bank is burning its FX reserves to defend the lira, which has come under intense pressure from surging energy import costs and rising US Dollar demand since the Iran War began.
As a result, total Turkey FX reserves dropped ~$40 billion, to ~$175 billion, the lowest since Q3 2025.
Rising energy costs are forcing Turkey to dump gold.
⚠️ ONE BIG RANGE 😳
Zoom out what do you see?
🔮 $ETH is trading in one huge range with deviations below and above acting as liquidity grabs.. a reversal would trigger a new rally 📈
Patience Pays 🧘🏻
It happens every single time
Every single time Bitcoin has been at these record levels of oversold on the weekly timeframe, people declare it dead.
And it just so happens that every time, there is a new narrative for it.
- Bitcoin is useless
- Bitcoin has lost the digital gold race
- Quantum will kill it
- Saylor will be liquidated
- 20k coming
Right now, we are the most oversold on the weekly ever…
So is it a surprise that the FUD is worse than ever?
The funniest thing about this phenomenon is everyone is capable of looking back and seeing this…
But this is the power of emotion.
The fear of the moment convinces people this time it actually is different and it’s actually over.
But this is how everyone felt last time we were at these levels.
Ever wondered why there are never any narratives like this when bitcoin is green?
Because narrative follows price my friends.
And this is why whenever these extremely oversold conditions happen, no one buys, because they fall prey to it, again.
Even though they understand it in principle, the fear paralyses them.
This too shall pass and the ones who act at these levels will be the winners like always.
Are you gonna be a sheep and follow the herd into the “Bitcoin is dead” field…
Or a chad that looks beyond his emotional state and takes action.
I know what I am going to be.
Every single time, apart from one, these weekly oversold levels have marked the bottom.
And the one time it didn't, it only dropped 12% lower for a few weeks.
If you are not buying at these levels because you're waiting for $30k, you're just greedy.
Whatever way you slice it, this is deep value.