Not many coins can recover after their initial pump and drop...
$CYG has just done that and is sitting at the top of its chart.
They are building a dope crypto casino under the GambleFi narrative.
This is NOT a paid post. Meghan and I are actual investors in @cyclixgames.
Do your own research, NFA, don't give a shit if you buy or not. Just sharing what we are doing.
We are investing heavily in Decentralized Health crypto projects.
A new project we just found in that sector is @welsharehealth and we have invested in them.
They are building a Web3 app to personalize your contribution to medical research.
DO YOUR OWN RESEARCH!
Anything to do with data, health, science, and the further decentralization of those things, we are interested in.
BULLISH.
Binance Futures Will Launch SUIUSD COIN-M Perpetual Contract With up to 20x Leverage | Sign up as a Binance user to get 100 USD worth of trading fee rebates now!
https://t.co/k1s0rpw93F
Linear Marketplace #Giveaway!
#Linear is celebrating the upcoming launch of our new Peer-to-Peer trading dApp!
30 people will share $3,000 worth of $LINA! ✨
The #Marketplace is ready to revolutionise P2P trading 🌎
To enter:
1️⃣ Follow @LinearFinance
2️⃣ ❤️ & 🔁 this post
3️⃣ Tag 6 friends below👇
Ends in 72h
#BNBChain #Crypto $LINA
@technosiksha Went first 20 years in Saturn 12H mahadasha..
Spent my major years in a very strict hostel far away from the city conveniences.. with rigid rules and heavy stress... Was almost like a jail itself :)
My opinion on the market in the big time frame:
Bitcoin bottom was in at $15.400. I dont believe we will visit this region again. If you watch the chart you would clearly see that $18.000 was indeed the bottom, I have been predicting since mid 2021. Dumping to $15.400 was the full capitulation that took place. I spoke with several BTC miner and all confirmed that $15.400 was by far one of the most brutal drops they have seen, many of them capitulated, sold their #BTC at the bottom and all their mining equipment. Those miners that survived almost two months below BTC mining production cost needed to sell between $25.000 - $30.000 in order to pay fees, electricity etc. They are good for now.
For now its chop and entering in the most boring price action that you can imagine. Its the most brutal range you can actually trade because market makers are printing most of money in such a range where both sides are being liquidated and shaken out. If market allows to visit $20.000 again its a huge buy signal for those that missed out to accumulate in this region. Keep in mind that next halving is in one year and Iam expecting to see the next bullrun in one and half year from today, not as many moonboys and also some bigger accounts that started to mention a new bull run. We are not in a bull run, we are not in bear market anymore. We are in accumulation phase as explained many times already.
Healthy pump was from 16 - 21k, the entire party that started afterwards is mixed up with big lies. BTC pump was not lead because people decided to flee bank and buy BTC. This is the moonboy bullshit they tell you. Keep in mind that I have been telling that CZ bought huge bewettn 16-21k, he made it public when #BTC reached 25k region. All the pump from 25-30k is retail pump. 16-21k pump is Binance accumulation of BTC. Remember that institutions had zero interest in BTC at $30.000. Its clear, if you want to make the big money, try to get the same entry as market makers did. Also remember that none of them would really tell you his entry. CZ as example bought tons of BTC between 16-21k but decided to announce that he "Plans" to buy when BTC was already at $25.000. This is the big chess game you need to master.
An important factor that must not be excluded is China. CBDCs will be launched soon, digital yuan is as good as ready. City of Changshu announced that all civil servants will receive their full salaries in CBDC yuan in May 2023 (In two weeks). Hong Kong will officially make crypto purchase & sell, trading, fully legal for all institutions of the country. Therefore, it is important to closely monitor the correlation between China stock market and BTC in the near future, especially from June onwards. For this reason, I have also decided to use the Hong Kong regulated exchange OKX (https://t.co/XF4gf3wQ4N). Use the affiliate link and become a VIP member on OKX who will pay much lower fees and enjoy other extras. I think we will have a lot of fun with crypto and China in the future, I think China will lift the ban and make crypto legal again. The regulations are very advanced in China, compared to the US or Europe. Overall, this is very bullish for Crypto in the biggeer time frame.
In terms of macro and recession I can tell you that I have indeed a different view on things than many of you. No, I dont think that rate hike increases are over. I think inflation is way too high and we need more to see the final 2% goal. However, printing only started when banks were deeply in trouble. This isnt the standard and should have happened in the absolute worse case. And this is where the thinking error of retail began, which stormed the markets and to which we owe this rally, the rally of the retails, that thought that money printers are on again, supported by market makers that manipulated the prices to sell their bags and opening big short positions. I was one of the few realists that kept warning you that money printers are not back as you think.
--------
See this Tweet from mid March
Have they been injected into the markets yet ? No.
When will they be injected into the markets ? At the absolute worst case.
Do we have a lot of dry powder now? Yes, because of FED balance sheet gives hopes investors and institutions
Do we have the lowest unemployment rate in history ? Yes, very bad indicator to defeat inflation with
Are credit card debts at an all time high ? Yes
Is the housing market about to collapse as it did in 2008 ? Yes
Are we in a bull market ? No.
------
I think CBDCs will play a key role in future and will replace the US dollar as we know it today. We are currently in the fourth industrial revolution where everything is moving towards digitalisation. I am very confident that REGULATED crypto will play an extremely important role. But you have to be careful, the regulations can hit the altcoin sector extremely hard. For that, my longterm investments are mostly in BTC, and some smaller parts in altcoins.
Last word that might help you in your way of thinking:
Think of your brain as a huge construction site. Everything you watch, read or hear has an impact on your thinking and emotions. Therefore, it is important to know what you allow into your construction site and what you don't. There is a big roadmap for Bitcoin in my mind. I know when the next halving is, I know most of the related key dates and important macro dates that I need for my trading. I can give you the exact block time and tell you in which framework Bitcoin is regulated in which country, how and where and much more. You need this information to get a big picture of what I’m calling „What’s next“. I see the absolute bigger picture. It is important to know the friends and enemies of Bitcoin. It is important to understand why Bank A) is against Bitcoin but still offers BTC. It is important to understand that certain gold traders accept Bitcoin but talk Bitcoin down day and night. Can you figure it out? Everything spoken, everything visual is a deceptive manipulation to defraud the retailer of his wealth.
For that, nothing changed for me and I keep my heavily bought bags from $16.000 open. I will not sell here. Forget bull or bear, we are in accumulation phase which is also called pre bull run. One year and 6 months to go for the next bull run to start. Be prepared.
If you liked this analysis make sure to join my Telegram channel in which Iam sharing some VIP content for free sometimes. --> https://t.co/zkdgaR6H3c