@GregorMichaj@RadarHits Listen here, Jack. When I was 34 I flew to Mongolia and fought a tiger. Microwaves need bras because Corvettes go vroom. If you don't want to play ball, just sing the macarena.
Hopefully now you are looking at the right Wyckoff Schematic🤟
I've been getting a bunch of DMs asking for an update so here's the updated chart and explanation:
#Bitcoin has successfully found support at our Local H4 Support 🌈Order Block and JUMPED the "Creek". We are going to have to grind through the older ATH 🌈Order Block (65K to 69K), but we are still on target to reach the LPS at 72K and try for a breakout. Note the TOP and BOTTOM prints from the Runner Bot are marking the LTF trend shifts.
In summary, there are no gimmicks here. It took over 7 years and 10,000 lines of code to see what the Whales are doing, but its paying off 🤟
Im guessing new ATH for $BTC now pushed out to 2025+
Need retail for new highs and many of them will never come back, or will need years to build up the guts to try again.
12/ TLDR: SBF gave Alameda his FTT tokens which were used at FTX as collateral and the BS numbers match up with the $5-6bn hole. No one else is on the hook. We can get a sharp rally back when Alameda is done selling assuming no one else is insolvent from prices being down so much
This has been a difficult time for everyone in crypto. Here is a TradFi take on what I believe has happened so far given the information we have. I attempt to put the pieces together and explain what is likely next and how to take advantage. 🧵