Everytime BTC.D hit one of these red boxes they reject and Alts pump.
Next week when it hits 60%, some Alts especially eth based tokens can rally hard very unexpectedly.
We have token unlocks planned for sep, in order to dump it, market makers need exit liquidity. So they give you false hope by pumping few Alts so high so you think the dump is over. When you buy, they dump it even lower.
A real huge alt season begins when BTC.D hits 75% and rejects. By the time $BTC reaches 40-44k area, BTC.D hits 75% and we will see a full fledged alt season.
#BTC
5 Phases of The Bitcoin Halving
1. Pre-Halving period
Just over 100 days remain until the Bitcoin Halving in April 2024
Historically, any deeper retraces that occur during this period tend to generate fantastic Return On Investment for investors in the several months after the Halving
Could this retrace be a result of hype and speculation surrounding the Bitcoin ETF finally being resolved?
That means a deeper retrace could occur within the upcoming two months or so, between now and early March
This upcoming two month period will be crucial as any retrace during this period will likely represent the final bargain-buying opportunity for Bitcoin
2. Pre-Halving rally
Then ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)
In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"
Short-term traders and speculators "Buy The Hype" several weeks before the Halving in anticipation of making a profit from this hype-fuelled rally
Then these speculators "Sell The News" to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself
3. Pre-Halving retrace
A Pre-Halving retrace tends to occur around the Halving event itself (dark blue circle)
In 2016, this Pre-Halving retrace was -38% deep
In 2020, this Pre-Halving retrace was -20% deep
This Pre-Halving retrace can last multiple weeks, making investors question whether the Halving was a bullish catalyst on price after all
4. Re-Accumulation
The Pre-Halving retrace is followed by multi-month re-accumulation (red)
Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving
5. Parabolic Uptrend
Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)
It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs
$BTC #Crypto #Bitcoin
#MXCountdowntoBeta Contest 🔥
🏆 1,000 USDT + 300 NFTs
🏅 300 winners
🟡 Complete as many tasks as possible
👉 Head over to https://t.co/r2FitEL27W now to participate!
⌛ Contest ends 16 June 2022, 23:59 (GMT+8)
#MarginX#BetaLaunch#cryptocurrency#DEX#DeFi
Optimal Trade Sizing
Once upon a time I had a friend, Chad.
Chad was great at stock-picking: 69% winners!
I copied all his trades but chose my own position sizes.
His PnL: 420%
My PnL: -5%
Wut happened?
👇
KELLY CRITERION: A SIMPLE STRATEGY TO MAXIMIZE RETURNS VIA BET SIZE
🧵
TRANSPARENCY TIME:
I make mistakes in my crypto investing at many times a day.
Here is a list of my biggest regrets in crypto investing: the mistakes that have cost me the most money.
🧵👇
“Like the rat in the zodiac, we know that we’re early. The race is almost over, for the enlightened rats surely.”
The Enlightened Rats, @ChainDebrief's Genesis NFT collection.
Tesla is using only internal & open source software & operates Bitcoin nodes directly.
Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency.
[ANN] A proposal to reduce #NPXS supply from 258 billion to 258 million. Here are the details of why and a poll will be conducted to seek the community's collective feedback on the reduction plan. Your feedback matters 🗳 https://t.co/Hv1P1BwQ0f
What is #FunctionX blockchain developed by @PundiXLabs?
What is actually being accomplished here?
How are their #XPOS (point of sales system) & their upcoming #XPhone updated into "nodes" significant?
Can anyone run a node? Affordability?
ROI?
Web https://t.co/A5srpaYTb0