After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.
SO ORDERED
@FAAAAAAARK What has he done to make him a grifter??? He doesn’t sell anything, he makes quality calls for free and has a couple exchanges sponsor his channels. Quite literally nothing wrong with that since he provides all this value for free
Market goes up - Don’t chase, wait for a pullback
Market goes sideways - Don’t diddle in the middle, wait for range to resolve
Market goes down - Don’t knife catch, wait for reclaim
Somebody please help me I haven’t taken a trade since 2017
$BTC
80s was expected. 89k monthly draw. Mid 80s was my base case for a while. Low 80s would raise an eyebrow but a re-test of prev year value area high is fine. Wouldn't expect sub 80 unless its a capitulation wick on the back of "news" and we close the monthly / weekly back > 80k.
A reclaim of 90k / December's low is the risk on signal if you don't want to do business at these levels and I'd be targeting 120-125k.
Then, depending on how long the 90k reclaim takes, I think it's a case of either:
A) If we're approaching summer, seasonality kicks in and we range between 108-130k for a bit. OR
B) On reaching 125k, the momentum continues to accelerate and we prep for a blow off top over 150k.
If we get a summer range after tagging 125k beforehand, I'd love to see a true 2017/18 blow off top towards Q4 into ~ 180k.
Then short it all to the ground across 2026-2027.
This is my most optimistic take. As for trading it - always take it week by week. Happy to adjust my view as new data comes in.
If you look at every chart in crypto things seem bearish/confusing.
Stop.
It all literally comes down to Bitcoin/ETH. If you look at both situations its stupidly bullish.
Bitcoin - Nation are buying. The finite supply is already causing supply issues, it cannot go any where but up.
ETH - They are running the same price smothering they did with Bitcoin in 2024. We ranged 8 months while Blackrock bought a HUGE chunk of the supply.
There simply is not enough Bitcoin and the buyers in size and quantity both keep stacking up.
This means ETH running is inevitable.
This means alt season/mid caps going nuts is inevitable.
If you are an idiot like me, analyzing the entire market will just confuse you.
The situation for ETH and BTC is "just a matter of time" bullish.
You can base almost all your alt trades, especially in AI/RWA off this alone.
We will see a new ETH ATH and then some sooner than later. There's nothing else to analyze or do till then.
“Tradfi won’t buy alts, they only want Bitcoin so there will be no alt season this cycle”
Folks, trad-fi wants whatever they can make money on.
We have a literal $DOGE ETF on the way ffs lol.
Biggest alt season we’ve ever seen yet to come imo.
This time is not different.
The hardest cycle ever imo
I don’t wanna hear anyone say it’s so easy, nah bro we been raped 12 times a day over ridiculous change of narratives
We took a chance to bet early this cycle on some risky alts so we could outperform Bitcoin and ended up 90% of alt bags chopping while btc ripped through the roof
So we adjusted the plan according to the change of cycle mentality, and we still getting raped, it’s disgusting tbh
Yes I personally have cooked good the past 18 months in the trenches, and my overall portfolio is up, I took some profits on the way and added here on the steep correction, but man I’m exhausted.
It’s not as easy as anyone thinks.
@kwantxbt Fair enough. What do you make of current market sentiment? Everyone seems to be calling a top, however we’re still getting positive news and good catalysts to suggest we should be moving up. Do you think the current price action hinges too much on trump as well?