BITCOIN $30,000 IN Q4 IS COMING
I'm sorry to say this but if you believe we can't go lower, you are the exit liquidity.
Saylorβs margin call will pin the bottom.
The whole secret to winning big in the stock market is not to be right all the time, but toΒ lose the least amountΒ possible when youβre wrong.
William OβNeil
$btc
Historically, every bitcoin market cycle bottom has formed when On Balance Volume diverges with price on the 3D timeframe.
This confirms our initial thesis further, of a cycle bottom in the 60k region called 5 months ago, while most of the timeline was calling for sub-50k and even sub-40k.
One signal never makes a thesis.
But when this joins the rest of the confluence series I already shared, it becomes another reason why I continue to believe the 60k region is the cycle bottom.
Data beats emotions.
Data beats vague calls.
Data beats engagement farming.
πͺπΊ YOUR CASH IS YOURS. THE DIGITAL EURO NEVER FULLY WILL BE.
A β¬20 bill: no limit, no permission, no expiry. Yours.
A digital euro: capped at β¬3,000. Set in Brussels.
Lowered in a crisis exactly when you'd want more.
No interest. Not a store of value. Businesses can't even hold it.
The ECB calls it freedom of choice.
A currency you can't freely hold isn't an asset. It's a service.
Gold and silver have gotten caught up in Warsh's tougher-than-expected talk on inflation fighting. But when it comes to actual inflation fighting, talk is cheap. The Fed's actual actions won't match Warsh's words. In fact, Warsh will choose inflation just like his predecessors.
no trade, is often the best trade
1. No higher high or HL
2. no long sideways accumulation period
3. Price still in a technical down trend
4. No reclaims
5. Price is in the middle of nowhere, there is no historical previous support or range at that price
= no triggers. Not to mention borrowed conviction is the worst kind of conviction
and even with all the marketing etc, it didnt even make a new local high from the prior week
I get it, people love it, it is actually a great blockchain. That can't be argued. The discussion though is the price action.
And there is a time and place and things you want to see happen. There is a cost to taking each trade right now which has been the greatest bull run in history. You want to make sure that if you are taking a trade, you are getting paid for the risk you are taking.
I donβt even have a top 5 tbh right now
1. What alts are paying me for the risk Iβm taking?
2. Are they outperforming other markets? If not. Why would I buy?
3. Is there any value accrual to the investors / holders or am I being diluted away?
Etc etc. when stocks stop giving the returns they are. Iβll reconsider being more aggressive if thereβs real signs of life. HTF reclaims etc. but until then. It doesnβt make sense to deploy much here to me.
I don't really have an opinion on sol here
its in the middle of no mans land. if we are being honest. just look at where price is and then look at the prev price history. there has never been any significant or meaningful basing here in the past
the first step is a reclaim of that area around 78-79 for things to start looking better structurally. just my 2c
THE BIG CYCLE EXPLAINED IN JUST 3 MINUTES :
Remember:
π Smart money buys fear.
π The crowd buys headlines.
π Wealth is built by understanding the cycle.