Shrek 🧅

an ogre that trades, eng @coinbase

[Shrek 🧅 @ShrekBTC]

Thanks for playing #bitcoin
https://t.co/9p2cFNoV20

[Shrek 🧅 @ShrekBTC]

$BTC, my take on the market cycle chart

Gun to my head, I'd probably say we're in the Denial phase

Don't think anyone would be panicking unless $btc broke below $30k - hence why I think Panic would be <$30k, w/ Capitulation following right after (into low $20ks maybe?)

[Shrek @Shrek]

This sign can’t keep us out. Shrek returns to theaters Friday.

[Shrek 🧅 @ShrekBTC]

$100k

[Shrek 🧅 @ShrekBTC]

$BTC #btc #bitcoin

Don't think there's reason to overthink

Higher timeframes paint pretty clear picture, and RR favor longs imo

[Shrek 🧅 @ShrekBTC]

My brother 🙏🏻

[Hovz @DegenHovz]

Mans still my goat

[Shrek 🧅 @ShrekBTC]

$STX still only $2b market cap

It can comfortably hit ATHS ($3~/$5b market cap) relative to other L1/L2 valuations

Especially when you take into account that it’s got **the strongest** narrative going for it compared to the rest ( $BTC ETF, halvening, etc)

[Shrek 🧅 @ShrekBTC]

$STX/USD #stx

Considering #stacks as a beta-play going into the etf, bitcoin halvening, etc

Also considering #eth social dominance is currently at a relative low w/ competitor chains outperforming, it also benefits from being apart of that "basket" too

Currently $1.5b mc

[Shrek 🧅 @ShrekBTC]

$STX to $3 pls & ty

[Shrek 🧅 @ShrekBTC]

$STX/USD #stx #stacks

Looking for
-> Mid range @ $1.75
-> ATH / range highs @ $2.75-$3~

Ideally plays out by Q1/Q2 2024

[Shrek 🧅 @ShrekBTC]

@blknoiz06 Wall Street hates him🫨

[Shrek 🧅 @ShrekBTC]

Vaneck specifically namedropped $stx in their prediction list

They’re predicting it to push to top 30

https://t.co/QW3L5Ydn2t

[VanEck @vaneck_us]

Prediction #6: NFT activity will rebound to an all-time high with Ethereum leading and Bitcoin gaining traction via the Ordinals protocol, shifting the ETH-to-BTC NFT issuance ratio to 3-1 by the end of 2024.

[Shrek 🧅 @ShrekBTC]

$STX/USD #stx

Considering #stacks as a beta-play going into the etf, bitcoin halvening, etc

Also considering #eth social dominance is currently at a relative low w/ competitor chains outperforming, it also benefits from being apart of that "basket" too

Currently $1.5b mc

[Shrek 🧅 @ShrekBTC]

$STX/USD #stx #stacks

Looking for
-> Mid range @ $1.75
-> ATH / range highs @ $2.75-$3~

Ideally plays out by Q1/Q2 2024

[Shrek 🧅 @ShrekBTC]

$ETH/ $BTC #ethereum #bitcoin

If we sweep blue (bear market lows), in-line with #btc hitting that $48k-$53k region,

I'd strongly consider TPing my $20k spot bags fully into #eth
https://t.co/Yhi9G6xSHG

[Shrek 🧅 @ShrekBTC]

$ETH/ $BTC #ethereum #bitcoin

Either of these 2 scenarios kickstarts #eth outperformance
-> Reclaim range support @ 0.056~
-> Sweep bear market lows @ 0.049~

[Shrek 🧅 @ShrekBTC]

$BTC/USD #btc #bitcoin

Almost there ;)

[Shrek 🧅 @ShrekBTC]

$BTC #btc #bitcoin

Don't really see where the $40k targets are coming from

A break above $32.5k~ should trigger a move towards $48k-$50k~

(so long as we remain above $32.5k~)

Thinking something like this👇👇👇

[Coinbase 🛡️ @coinbase]

Single family homes didn’t always require four roommates. It’s time to break the cycle. #UpdateTheSystem

[Shrek 🧅 @ShrekBTC]

$CLSK #clsk #cleanspark

Pure air between here and $14

[Shrek 🧅 @ShrekBTC]

$CLSK #clsk #cleanspark

$7.5 ✅

Flip this, and likely seeing $14~ rapidly

[Shrek 🧅 @ShrekBTC]

$BTC/USD #btc #bitcoin

Life is so good rn

[Shrek 🧅 @ShrekBTC]

$BTC #btc #bitcoin

Don't think there's reason to overthink

Higher timeframes paint pretty clear picture, and RR favor longs imo

[Shrek 🧅 @ShrekBTC]

$CLSK #clsk #cleanspark

$7.5 ✅

Flip this, and likely seeing $14~ rapidly

[Shrek 🧅 @ShrekBTC]

$CLSK #clsk #cleanspark

Fundamentally undervalued #bitcoin miner stock (as covered by @edgeville)

Looking for $7-$7.5~ from here

Flip of that sends it to $14~ rather quickly

[Shrek 🧅 @ShrekBTC]

$ETH/ $BTC #ethereum #bitcoin

Either of these 2 scenarios kickstarts #eth outperformance
-> Reclaim range support @ 0.056~
-> Sweep bear market lows @ 0.049~

[Shrek 🧅 @ShrekBTC]

$CLSK #clsk #cleanspark

Fundamentally undervalued #bitcoin miner stock (as covered by @edgeville)

Looking for $7-$7.5~ from here

Flip of that sends it to $14~ rather quickly

[Shrek 🧅 @ShrekBTC]

$CLSK

selling around $20-$25

[Shrek 🧅 @ShrekBTC]

@L1mmortale 🙏

[Shrek 🧅 @ShrekBTC]

Additional reasoning, $COIN is once again breaking out after a failed breakdown (bullish)

Nearing the 3rd revisit of those range highs @ $115~, I think it's likely to breakout towards $150+

In which case, thinking attention in crypto stocks probably pick up again

[Shrek 🧅 @ShrekBTC]

Ideal time to start loading up on #bitcoin miner stocks

Especially w/ how they're looking, thinking they can pull a few multiples going into the Halvening

$RIOT $MARA $CLSK