BitSavage

[smolting (@wassie) @inversebrah]

todays snapshot

bscszn

(as redarded as it gets)

[RookieXBT 🧲 @RookieXBT]

this crypto market right now is insanely hard to navigate

can blindly throw a dart on a board and choose a stock and make multiples in a few months

ain’t no way retail gonna bother fuckin with us anytime soon

[CryptoBullet @CryptoBullet1]

$ETH 4h hasn’t been so oversold on RSI since August 5!

The bottom is very close.

IMO this is the ultimate shakeout before Q1 🚀

[Nebraskangooner @Nebraskangooner]

#Bitcoin

Weekly timeframe still showing lower highs.

I thought we'd get $68k before rejection last week but my resistance level was just slightly front ran.

Needs to reclaim $70k before we can get excited that the chop is over.

[Cred @CryptoCred]

Concise, organised thoughts on $ETH:

ok so like ETF is bullish but why is price action so slow? we had the god candle but it's been sideways since then. not sure if impatient or sign of weakness. bullish argument is that BTC ETF was very telegraphed and still mooned after the ETF itself went live - meta shifted from 'frontrun the ETF news' to 'frontrun the ETF flows'. so you'd think with virtually no time to front run the ETH ETF compared to BTC (approval odds went from 0 to 100), that leaves more room for upside as crypto natives pivot --> front run ETF itself --> front run flows themselves (in a much more narrow window). bearish argument is that actual ETH ETF flows are gonna be ass and we've already front run the event itself, and mediocre flows + ETHE dumping on our heads = bearish. but still feels retarded not being bullish into the ETF itself? especially with so many of the allocators being much more price insensitive than anticipated. that said, the ETF itself is a lot worse because no staking and shit, so that doesn't help. so are we trapped in limbo whereby 1) done front running the news itself; 2) market waiting for flows to see if it's gonna follow BTC-style trajectory? dunno man, I have range fatigue already. I think I left the stove on. did I lock my door when I left? please help.

[AP @AltcoinPsycho]

Highly suggest planning your exit strategy / marking take profit levels before euphoria kicks in.

It's much harder to be objective when price goes parabolic. Your goalposts will start to shift.

I made that mistake in past cycles, it's not fun.

[Cold Blooded Shiller @ColdBloodShill]

$BTC HTF continued analysis.

We've now completed the move into the $40,000s.

This now brings into play the -30% correction label bringing us down into $31,000.

Like I said in the initial post, I still think this target feels like "cope" or something that couldn't happen for a lot of people. The aura of invincibility is something that I think has spread.

But these are just the facts. As shown in the first post, there are multiple bull run examples of this -30% drop in BTC price.

It's healthy, we welcome it, and it provides a huge opportunity to get involved in the trending market.

For now I think that the price action over the next few days will help us to add weight to the argument if a deeper pullback is on the cards or if we're destined for another high.

First assumption should be to trust the trend.

We need more evidence to believe this will go lower than just an isolated leverage flush with no follow up.

It should make for an interesting end to 2023.

[John Bollinger @bbands]

Very overextended, so a pullback was due. Stopped right were it was supposed to. That doesn't happen too often. Now we look to see if support can hold.
https://t.co/uH6ko3v9we

[Nebraskangooner @Nebraskangooner]

#Bitcoin

Top Goon X (trend indicator) gave a buy approaching alert (green plus sign )back in August when price was below $26,000

It has very recently given a sell approaching alert (red X) on the same time frame.

[Naval @naval]

The road to socialism via inflation:

• Print money, crash the reserve currency, destroy savers, and force them into inflated assets.

• Asset inflation leads to inequality. Demonize asset holders and tax the nominal gains, thereby confiscating the real value of the assets.

[DonAlt @DonAlt]

$BTC

Somehow looks even worse than when I left.
I'll be looking for bounces to add to shorts but honestly, I'm not even sure we get those.

My trade & my idea will be invalidated if we get a significant daily close above $11200.
Until then I'm going to be a full-blown beartard.

[Carl Moon 🌙 @carlmoon]

What was your worst altcoin purchase ever? 😩

[Koroush AK @KoroushAK]

Now made more trading this year than I did in 2017.

Follow along, I intend to teach you all how.

[Joseph Young @iamjosephyoung]

bitcoin breaks $11,500 for the first time in 12 months

[BitSavage @bitsavage]

Spoonfed guide to $YFI Chad yield

[BitSavage @bitsavage]

@membrana_ninja Unironically all in on farming $YFI. What are your picks fren?

[The Defiant @DefiantNews]

In today's Defiant:

🤠@iearnfinance's $YFI: 1,000% APYs, $150M+ flood into pools, @AndreCronjeTech admin key debacle, to 30k cap

🎉$3B locked in DeFi
💹mStable lists $MTA on @mesa_eth
🪙@defidollar adds token rewards
🗳️@BalancerLabs's first gov polls

https://t.co/L2hBi3HOP4

[DeFi Rate @DeFiRate]

Looking for a recap on what’s been going on with @iearnfinance and $YFI?

We run through the key discussions and take a look at what’s next for #DeFi’s latest yield farming saga 🌾

Get caught up in 5 minutes 🔽
https://t.co/cV4P99NGxa

[Anthony Pompliano 🌪 @APompliano]

The government is addicted to monetary stimulus.

Every time they say they’ll print whatever they need, they are really saying “we’ll steal whatever purchasing power we need from the uneducated.”

The game is rigged. Educate yourself to protect yourself.
https://t.co/ku1o0eaJzV