I really don't understand the recent fuss about bitcoin models. They are all just curve fits. I like and use them all:
1) time model: simple, adoption, NGU
2) stock-to-flow: scarcity, 4y halving cycle, price jumps
3) difficulty (hashrate): kWh/$ arbitrage
If price is below all 3 models then BTC is probably undervalued, if price is above all 3 then probably overvalued. Just curve fits, nothing more. Maybe spurious, maybe not. Try to focus on the logic and reasoning (time, S2F, difficulty) not on the exact numbers.
#Bitcoin Cycle Top Trick. 🌋
🔖Bookmark this one, it will serve you well.
For those who are new in this game, there is a indicator that gave the #BTC top each cycle.
It is the Pi Cycle Top Indicator.
Many faded it in past cycles but each time it was on point.
The trick is simple.
➡️ When the MA111 🔴 crosses over the MA350*2 🔵 on the daily timeframe the cycle top is in.
Let me break the pattern for you:
1⃣ Price finally breaks (no fakeout) the MA111.
2⃣ It retests it.
3⃣ It gets rejected by the MA350*2.
4⃣ It breaks it.
5⃣ MA111 crosses over the MA350*2 and that is the signal of the cycle top.
Bitcoin just got rejected by the MA350*2.
Steps 4 and 5 are yet to come.
The bull market is far from over. 🐂🚀
#Bitcoin Golden Cross !💥🌕
On the monthly timeframe #BTC is having an Ichimoku golden cross.
In Ichimoku golden crosses occur when Tenkan 🔴 crosses over Kijun 🔵.
This is very significant.
Past cycles attest to this.🤝🚀
📢#Giveaway!
1x TIER III #NFT land worth $2800
1x signed Poster and 1x signed T-shirt of @enginaltandu
2x special Discord roles: https://t.co/YQPs4PAOg8
All you need to do is:
- Follow @MedievalEmpires
- Like & RT this Tweet
ends 10 OCT 5PM CEST
#NFTGiveaway#Airdrop
Updated index of Bitcoin Trading Tutorials 💯
Learn
-Risk Management.
-S/R Basics.
-How to not lose money.
-Trading with full time Job.
-Scalping Indicator.
-VWAP strategy.
Link- https://t.co/kR3Q56Ele5
Please Share to help fellow traders.
One of the most successful traders I ever knew once told me.. Trading during "unusual" times will give you "unusual" results and that includes unusual profits.
This stuck with me for so long ever since.
I entered some of my best trades ever when the U.S stock market was closed.
Introduction to Confluence Trading Part 2
All about the tool I get asked about most often -
D,W,M High Time Frame Levels
In 30m I go through what they are, how we mark them and show how well they're respected :)
Video: https://t.co/UlvpwKOZVo
PDF: https://t.co/TqBS64D83Q
#BITCOIN THE BULL RUN START INDICATOR
WHEN THE 3D CHOPPINESS INDEX (LENGTH 200) CROSSES UPWARDS THE 49.75 LEVEL,
A BULL RUN STARTS.
IT HAS JUST CROSSED THIS LEVEL UPWARDS.
#BTC#CRYPTO
Twitter pro tip: push this little star-button and you will see all tweets in chronological order, instead of the order decided by the Twitter algo! This improves the Twitter user experience 100x🔥
Want to Learn Trading? (Updated)
1. Index of All tutorials - https://t.co/D3JySF05lA
2. When to Exit- https://t.co/2wBQqZveRk
3. Strategies- https://t.co/D3JySF05lA
4. Risk Management- https://t.co/uewiCfPGC5
5. Compilation (March 2021)- https://t.co/6JA9craDC8
All the Best
PDF on Trade Management💯
The most important thing for any trader wanting to survive, is managing trades.
Master how to
- Manage trades after taking them.
- Changing live trades.
- Choosing to opt out.
Link- https://t.co/jpnUvafH5J
Playing Poker will give you an unfair advantage in Crypto.
But you don't have to play thousands of hands to reap the rewards.
Here are 17 most important lessons:
How I turned 0.6 eth into 150+ eth while sticking primarily to two projects.
No lucky mints, no whitelists, no bots, and no alpha groups. A thread diving into the strategy which worked for me that anyone can use to be profitable in the NFT space…
Weekend Reading
1. Probabilistic Thinking https://t.co/tol0tW72Az by @cobie
2. Trading System https://t.co/KQbEUCMKx1
3. Fibs https://t.co/tSiNXCfVnZ by @Mindset_BTC
4. View of 2022 https://t.co/V23NWH2aqM by @AltcoinPsycho
5. Thread https://t.co/UMqETs9Wip by @johnnie_jacks