#Bitcoin breaks out and reaches a new yearly high.
Not a massive breakout, but as long as we stay above $34.8K, the next target is $36.5-37K.
#Altcoins to follow after.
Is a #bitcoin Blow-off top incoming?
No one believed me, but it's all in the charts it always has been.
Did you check out my recent blow-off top theory video on #youtube. I have been posting this in videos since 2021.
I show you the invalidation of such every single day.
$24,770 is now the support for this blow-off top theory.
Previously, it was $15,473.
I also know the EXACT sell point for this blow-off top!!
If you have been tuning in since 2021, you'll know that I think #bitcoin is currently in the last phase of a bullmarket that began in December 2018.
18>19🟢 W1
19>20🔴 W2
20>21🟢 W3
21>22🔴 W4
22>23🟢 W5
Blow-off loading for $btc possibly driven by a spot ETF approval.
The most important part of this ruling:
“XRP, as a digital token, is not in and of itself a “contract, transaction[,] or scheme” that embodies the Howey requirements of an investment contract.”
This is a now a matter of law (not up for trial.)
XRP is not a security.
This victory for @Ripple is a win for the entire industry and a step toward regulatory clarity in the U.S.
A huge thank you to @bgarlinghouse, @chrislarsensf, and @s_alderoty for their leadership and the #XRPCommunity for their continued support.
#btc - Weekly
⚠️ MAJOR WARNING SHOT PERMA BEARS ⚠️
The 10 EMA(blue line) has now pierced through the weekly Gaussian Channel.
It has only ever done this 4 times in #bitcoin history, each time it led to a new ATH.
Will this time be different?
DATA NOT EMOTION.
Regarding the SEC complaint against us today, we're proud to represent the industry in court to finally get some clarity around crypto rules.
Remember:
1. The SEC reviewed our business and allowed us to become a public company in 2021.
2. There is no path to "come in and register" - we tried, repeatedly - so we don't list securities. We reject the vast majority of assets we review.
3. The SEC and CFTC have made conflicting statements, and don't even agree on what is a security and what is a commodity.
4. This is why the US congress is introducing new legislation to fix the situation, and the rest of the world is moving to put clear rules in place to support this technology.
Instead of publishing a clear rule book, the SEC has taken a regulation by enforcement approach that is harming America. So if we need to avail ourselves of the courts to get clarity, so be it.
Btw, in case it’s not obvious, the Coinbase suit is very different from others out there – the complaint filed against us is exclusively focused on what is or is not a security. And we are confident in our facts and the law.
We'll get the job done. In the meantime, let's all keep moving forward and building as an industry. America will get this right in the end.
The perfect setup for a MASSIVE run for #bitcoin
A new ATH year end! If only we had a death cross on the #dxy like we did in 2020 to accompany this breakout 🙈🤣😜
Stay tuned CKC ⏳️
#crypto#bitcoin#xrp
Seeing alot of 1 hr bullish divergences picking up. Looking for the lower high before another drop for a perfect ABC correction on the vast majority of coins.
Once the correction is over and uptrend structure is retained, expect an explosive move!
#bitcoin - weekly
Falling back to support for the run to 33K then 46K and beyond.
Unless we see $25,138 lost on the weekly, #bitcoin remains bullish, and we have to project to the upside. Sorry, perma bears.