CryptoWorld

All about crypto analysis ! Tweets and posts are Not financial Advice

[Crypto India @CryptooIndia]

Breaking - FTX has received court approval to liquidate $3.4 billion of Crypto holdings.

[*Walter Bloomberg @DeItaone]

FTX RECEIVES COURT APPROVAL TO LIQUDATE CRYPTO ASSETS: JUDGE

[Ash Crypto @AshCrypto]

🚨 NEWS 🚨

FTX HAVE RECEIVED A COURT
APPROVAL TO LIQUDATE ITS
CRYPTO ASSETS

[Adam Cochran (adamscochran.eth) @adamscochran]

The headline on the official SEC press release is some heinous political, dark pattern bullshit.

These NFTs may have been unregistered securities, but there is NO such thing as “an unregistered offering of NFTs”

There is no *registration* to sell NFTs that aren’t securities.

[The Block @TheBlockCo]

Judge approves order allowing FTX to start selling crypto https://t.co/Tx186m2QZr

[Pump House 🍥 @pumphouz]

🚨 FTX wallets on the move🚨

Over $1.5B worth of $SOL, SPL tokens, and Wrapped #Bitcoin in FTX's Solana addresses are shifting‼️

Looks like they're gearing up for potential sell-offs.

Keep an eye on this, especially the ~$200M in #Solana Wrapped $BTC.

#crypto #bitcoin …

[Coin Signals @CoinSignals_]

🚨🚨🚨 #FTX likely to get approval to liquidate it's assets on 13th Sept.

Big sell pressure if that happens:

$SOL $650m+
$FTT $500m+
$BTC $268m
$ETH $90m
$APT $67m
$DOGE $42m
$MATIC $39m

[CryptoCon @CryptoCon_]

Have you heard of Steve's 5.3 #Bitcoin Theory?

This says that returns are diminishing by 5.3x from bottom to top each cycle.

If this is true, the next cycle top will be about $77,000...

I've done a ton of math, so you don't have to! Let's see if this is the real deal.

After measuring returns from cycle bottoms to tops on the daily time frame as precisely as possible, the returns from cycle tops to bottoms are not 5.3. They are as follows:

1. 5.34x
2. 4.96x
3. 5.63x

But there is merit to the 5.3, the average of these numbers is 5.31. However, we cannot say for sure that this will be the returns if this is just an average.

Instead, it gives us a range. Here are the real numbers so far from lowest to highest:

Lowest Cycle Top: $73,522
Average Cycle Top: $77, 122
Highest Cycle Top: $81,675

Now, none of these numbers are ones people would want to hear. So, let's see what it would take to reach a slightly more optimistic target:

$100,000 = 3.84x diminish.

This means Bitcoin would need to set in a drastically lower diminishing return rate to reach that target this cycle.

Bitcoin has never not hit a Fibonacci extension level at a cycle top, if $77,000 is the target, this would break that.

The cycles hit these Fibonacci extensions:

1. 58.764
2. 19.764
3. 3.618

The lowest Fibonacci extension for this cycle measured from Weekly candle bodies is the 1.618. This would mean a price of $104,000 which takes a 3.7x diminish from last cycle.

Many believe that ETFs will bring the power it takes to break models and numbers.

Returns are clearly diminishing, but do you think the 5.31 ($77,122) average return will be the top this cycle? Let me know!

[Psyche Wizard @PsycheWizard]

9 Lessons From The Book "The Psychology Of Money":

[IncomeSharks @IncomeSharks]

#Bitcoin - Have done well buying the bottom of this massive channel, and selling near the top. Not going to change that strategy. Unloaded half of what I bought at $25k today at $30k (channel resistance), will unload some more closer to the top of the channel (resistance).

[Adam Cochran (adamscochran.eth) @adamscochran]

1/5

Ripple case, here is the good and the bad.

But it is mostly *VERY* good for all alts, and a surprisingly big win for XRP.

First Judge did decide institutional sales/fundraising was securities.

[Beyond PhilosophyX @Beyondphilosphy]

8 Powerful Lessons from "Rich Dad Poor Dad":

[World of Statistics @stats_feed]

First product:

🇯🇵 Sony → Rice Cooker
🇫🇮 Nokia → Toilet Paper
🇰🇷 Samsung → Grocery store
🇩🇰 Lego → Wooden Toys
🇯🇵 Nintendo → Playing Cards
🇺🇸 Nike → Track Shoes
🇮🇹 Lamborghini → Tractor
🇺🇸 Colgate → Soap and Candles
🇸🇪 IKEA → Pens
🇰🇷 LG → Facial Cream
🇺🇸 Tiffany & Co → Stationary
🇯🇵 Toyota → Automatic Loom
🇺🇸 Amazon → Online Bookstore
🇺🇸 Apple → Apple Computer I
🇺🇸 Google → Search Engine
🇺🇸 Intel → Memory Chip
🇩🇪 BMW → Aircraft Engine
🇯🇵 Canon → Camera
🇺🇸 Coca-Cola → Syrup
🇺🇸 Ford → Quadricycle
🇺🇸 Harley-Davison → Racer Motorcycle
🇺🇸 HP → Audio Oscillator
🇯🇵 Honda → Bicycle Auxiliary Engine
🇫🇷 L'Oreal → Hair Dye
🇫🇷 Renault → Renault Voiturette 1CV
🇺🇸 Hoover → Leather Products
🇺🇸 McDonalds → Hot Dogs
🇺🇸 Pixar → Image Computer
🇨🇭 Nestle → Baby Formula
🇺🇸 Wrigley → Soap & Baking Powder

[The Block @TheBlockCo]

Curve Finance CEO and wife purchase two mansions in Australia worth around $40 million https://t.co/l4e265nbzF

[Seek Wiser @SeekWiser_]

Money Is Just A Game. Here's How To Play It...

[Maxwell 🕊 @MindWisdomMoney]

Excel had more than 750m users but only a few know how to use it.

Here are 8 excel hacks that you need to know about:

[Think And Earn Big @ThinkEarnBig]

7 Steps To Avoid OverThinking:

[Maxwell 🕊 @MindWisdomMoney]

This cartoon will teach you more about business than a $100k college degree:

[Psyche Wizard @PsycheWizard]

A Dark Secret About Money That 99% of People Don't Know About:

[CZ 🔶 BNB @cz_binance]

There is so much talent in the world, but they often don’t have access to a good financial system to support them.