baba

Father of Alts

[baba @BabaCrypto]

#Bitcoin is the most pristine, transparent & incorruptible digital property that has ever existed in the world. To some it’s money. To some it’s collateral. To some it’s a vote against the status quo. But to all it is open & accessible #BTC

[baba @BabaCrypto]

@biancoresearch Jim you have no idea what caused the crash, and subsequent partial recovery. Your analysis used to be helpful now it’s just pure speculation @DeanEigenmann has decent thesis too. But you just post threads of hypotheses that have no real value. Time to unfollow your trash takes

[baba @BabaCrypto]

@jackbitcoin 4

[baba @BabaCrypto]

@biancoresearch @EricBalchunas Jim has been negative Bitcoin ETF forever. But like you said Eric, bitcoin historically has massive drawdowns every cycle. Not even down 40% yet. This is par for the course. I vividly remember the 2018 bear market which was > 80%. When Jim posts about BTC, usually time to buy

[baba @BabaCrypto]

‘Tis But a Scratch

Buy it down 30%. Buy it again down 35% & Buy it again down 40%. Wait 18 months & report back.

[Charlie Bilello @charliebilello]

At $86,000, Bitcoin is now down around 32% from its all-time high of $126,000 in early October. That's the biggest drawdown since April but not unusual at all given its historical volatility. $BTC

[baba @BabaCrypto]

Patiently waiting for this trend line to be reclaimed. Until then, let it chop around. No reason to take any trades here on the long or short side yet. @donalt @CarpeNoctom @CryptoCred

[baba @BabaCrypto]

Gotta give credit to where it’s due, one of the most legendary short sellers, made another fantastic and common sense pairs trade. Maybe $MSTR mNAV goes all the way down to 1, but I doubt we ever see it go above 2 again.

[James Chanos @RealJimChanos]

As we have gotten some inquiries, I can confirm that we have unwound our $MSTR/Bitcoin hedged trade as of yesterday’s open.

[baba @BabaCrypto]

@CNBCFastMoney @GuyAdami @karenfinerman @StocktonKatie Why is Dan Nathan still on air ? Calling companies like Palantir crap? Dan is a bag full of sour grapes. Find a real person who can talk markets without being salty the entire time.

[baba @BabaCrypto]

@BarrySilbert Barry, You/DCG are involved in this cycle of self-funding for TAO. Don’t make it seem like it’s organic. Please tho just don’t blow up again like you did with lending with Genesis and have your subsidiary sue the parent company and have @michaelmoro be the fall guy.

[baba @BabaCrypto]

@CarpeNoctom @RiskReversal @CNBCFastMoney Haha is when Dan turns bullish $NVDA a better sell signal than anything from Jim Cramer ?? All I know is that $NVDA is up thousands of percent and all he said the entire time is that this will end in tears. Maybe one day but today the music is playing and I’m still dancing 💃🏽

[baba @BabaCrypto]

@EricBalchunas @EpsilonTheory I agree it is cheaper & safer for normies. The difference now is hodlers are no longer holding true $BTC. Bitcoin™️ hodlers don’t use self custody or P2P transfers. It’s now TradFi BTC, but maybe this is the only way it goes mainstream for TradFi is like a snake shedding its skin

[baba @BabaCrypto]

As @EpsilonTheory predicted, with the Wall Streetization of Bitcoin we are going from Bitcoin to Bitcoin™️. Sad to see for decentralization but in some ways it was inevitable over the long run akin to Gold becoming GLD™️

[Eric Balchunas @EricBalchunas]

Some Bitcoin whales are doing custom creations of $IBIT (trading in their physical Bitcoin for shares of the ETF) for a variety of benefits after discovering TradFi has its perks. BlackRock has done $3b of these. These are called portfolio trades and popular in bond land. Great piece on it from @emily_graffeo

[baba @BabaCrypto]

Important monthly close coming up in 5 days. Currently above the 0.03966 monthly level but below the next monthly level at 0.04365. Looks like $ETHBTC found some resistance at the 2025 pivot level. Shout out to @CarpeNoctom for introducing me to Pivots…they can be very useful

[baba @BabaCrypto]

Make or break Monthly level here for $ETHBTC. If we don’t bounce here, then watch out below …

[baba @BabaCrypto]

Casual 100% since the bottom, I honestly don't see any resistance for ETH/BTC until 0.03966. Maintaining my long, and will update the chart when we hit that next possible resistance level. $ETH $ETHBTC

[baba @BabaCrypto]

Dovish Powell sends $ETH to ATHs 🕊️

[baba @BabaCrypto]

@CNBCFastMoney @RBAdvisors Tell me you missed the entire rally without telling me you missed the entire rally

[baba @BabaCrypto]

@biancoresearch @dampedspring Still waiting for your follow up on how the only people buying the bitcoin spot ETFs are degens…

[baba @BabaCrypto]

Should have enabled Bitcoin trading in 2021 or 2022. They let Robinhood & Fidelity eat their lunch for way too long. Better late than never but now with ETFs how many people on Schwab are actually looking to buy Spot BTC?

[Bitcoin Magazine @BitcoinMagazine]

JUST IN: $10 trillion Charles Schwab CEO says they will launch Bitcoin trading "sometime soon" and will be competing with Coinbase 👀

[baba @BabaCrypto]

Never forget

[WhalePanda @WhalePanda]

Remember to sell your ETH this time when the talking heads start talking about the flippening.

[baba @BabaCrypto]

Pour one out for the bears & altcoin bag holders ...