6) Stay strong bulls, the cycle is not over yet. They want you to sell your $BTC for cheap down here.
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5) The Bitcoin Long Term Power Law, using linear regression to derive a "Power Law" with resistance and support bands. All previous cycles have crossed over the linear regression fit (green line).
According to this chart, after 2028, the price of $BTC will never drop below $100k
@TheBTCTherapist I’ve never seen someone cope with being wrong so poorly. Just own it and move on. You called for 100k day of announcement and it’s no where near it. This was priced in for weeks. Use this as a buying opportunity.
Yet we’ve barely dipped. This is the new reality. There is simply too much money printed to see Dot Com Bubble/GFC type crashes. These dips are great DCA opportunities.
As they said, “There is an infinite amount of cash at the Federal Reserve”.
MEGA bearish. Everyone already knows $BTC is a store of value. The gov’t owning some does not change this idea. Already priced in. What we want to know is if the US has been buying. This is a nothing burger and ultimately disappointing. Beware…
$ETH $DOGE $ADA $XRP #Bitcoin
Well well well…a tale as old as time.
Be greedy when others are fearful, and fearful when others are greedy. $BTC up 10% today along with several other alts up 30%.
A chimpanzee could make money in this market by just following this simple chart.
$ETH $DOGE $XRP $SOL $ADA
@cantonmeow@Shivansh5005 China did not “increase” their M1 supply but rather changed the definition to include more under the M1 umbrella. They’re not printing.
$BIDU needs to hold these levels or could fall towards $80 for an inverse head and shoulders set up. Either way, I believe this bounces to test the $98 resistance which will determine the real long-term trend.
$BABA $JD both will better set ups.