From what I'm hearing in podcasts that I listen to, X is in peak fear and despair over this price action. Yet my feed only has positive builders who are posting with an eye to the future. I'm excited to see everyone I follow do well in the coming months for keeping their head!
$BTC, 6M, log chart. If we are going to stay in this range, next month a new bar starts and we are right at the very bottom level in order to stay in the range. The next 6 months upper end of the range is about 135k, if we don't break above. I'm bullish here.
@freds_btc I find it hilarious how bearish the market pricing these things and Bitcoin itself for that matter. The yield on any time frame is wild. Imagine what this will do when Bitcoin makes its move up, which I believe is in the next month(s)!
It may feel different this time, but the mathematical science behind a hard cap in $BTC supply means that something has got to break... to the upside π
$BTC weekly
This is not the time to tune out, it is time to lock in.
2 weeks ago we looked at the possibility of a retest of the Hull Moving Average and today we got it.
Every one of these retests felt like death, but historically, this is the time to build your stack.
@JoeConsorti The more logical binary options are that equities are leading and $BTC will shortly outperform, or that $BTC is leading and equities will shortly get punched in the face. Your options show your bias however... I actually tend to think equities are the smoke alarm this time.
@ColeMacro Love to hear this! It is so good to see the excitement building around a company. This is essential for a stock to excel! Keep up the great work, team!