I just about fell off my chair.
In what is a significant shift, The Financial Times just published its first cautiously pro-Bitcoin ESG article.
https://t.co/FvrufrcsSJ
Keep ur eye on the prize. Almost $200bn liquidity injected since the start of Nov as RRP balance falls and TGA balance hasn’t changed. Risk assets like $BTC and #crypto will continue to fly.
SEC isn’t appealing in the Grayscale case.
The inevitable is going to occur and most likely we’ll have #Bitcoin Spot ETF’s end of this year/January 2024.
The institutional framework is being designed, through which buying the dips is the way to go.
$27K per Bitcoin is cheap.
I primarily use this platform to share my views of the market and interact with others about the market.
I have zero interest in other peoples business / personal life or what they chose to do. Crypto timeline has become an absolute shitshow.
Q4: strictly back to business!
Largest liquidation event since Dec '21 (yes, nearly 2 years ago), 2x that of FTX collapse.
Classic bullish div on $BTC daily and hidden bullish div on $BTC weekly (charts below depict both).
$BTC dominance backtesting bullish breakout of 2 year long range.
Calls for 20k, 12k and 10k pouring in despite no actual break in bullish market structure to signal any sort of shift in momentum (first break is at 24.8k).
Bears are asking to be absolutely obliterated here.
Historically low Bitcoin Vol indicating big move is coming.
From a Cycle position, #bitcoin is in a great spot to make a fast 10-week run towards $42,000. In the meantime, on the downside, $24,700 should not be breached to remain in play.
#Bitcoin summarized
Daily: Looks rough, reclaim $30k to improve
Weekly: Bullish but could see more consolidation toward $27/28k (rising 200W)
Monthly: Extremely bullish above $29k and bullish overall while above $25k (note expanded range $25-40k)
TLDR: Zoom out and chill to avoid getting chopped up on the day to day.
Rollbit continues to grow their revenue day by day, but many don't have a grasp of the numbers that they're currently doing beyond a few guesses.
I've collected significant data on all aspects of Rollbit and will be sharing it in this thread to show how undervalued $RLB is. 1/?
Adding $HILO in my long term investments.
Bullish on protocols giving you the ability to get options on low caps that are on current hype & not listed anywhere yet (perps)
1.8m mc / deflationnary coin / revenues shared & i hear that the protocol is printing well.
@HILOtoken
I'm inclined to stay off the short button at the moment but if you think $BTC breaks down clean from 29/30k, better off shorting alts which had a false break above a key range resistance
$ARB gives a clean example of the profile with a confluent block 👇
lmao there are literally reply clowns on timelines saying stuff like capo is right and that I'm too bullish.
Bros, where am I, where are you? Where are bears, where are bulls?
Now STFU, please and thank you.
Seeing some comparisons between $SUI & $APT before the big run
SUI looks good above $0.65 but I'd be cautious about expecting such a large move...
My take is while below $0.85 has it looking just as similar to this spot
#Bitcoin
Looked hopeful but an ugly weekly close coming in to put $BTC back in the same range
We now have 3 consecutive sets of untouched (previous) weekly lows between $29.5-30k
Craziest part is it’s not even 2024 yet when conditions are scheduled to be more easing than tightening
imagine the moves then if you think today was insane (which it was)
amazing trends to trade 🤝🫡