"You’re not talking to someone who woke up a loser” - Jensen Huang
Jensen nearly lost his composure during a heated debate about selling chips to China, despite showing tremendous patience in response to the pushback.
@benjamincowen Seems like a random find, albeit interesting.
Now find out how often DJ drops -20% in a given 2 year timeline.
We haven’t even hit the 1 Yr Anniversary of Liberation Day yet
The most likely low for BTC is October 2026, based on the 4 year cycle.
Under some circumstances it could happen as early as May.
BTC does not have a monopoly on the four-year cycle.
You can that the S&P 500 has gone through many periods where it bottoms approximately every 4 years.
Major lows tends to occur in early Q4, but in some cases it occasionally happens in May.
October would be favored if we get multiple week-to-month long countertrend rallies that delay things.
May would be favored if the countertrend rallies just last a few days to a couple weeks, and deeper drawdowns occur sooner.
I favor October over May for now, but as an investor we have to be aware that markets can always evolve in ways we do not expect.
Every cycle is the same.
Yes, crypto could bounce. And honestly, it would be great for sentiment if it could. But even if it does, it would most likely result in a macro lower high.
I don't try and time those bounces. I have tried before with mixed levels of success. Sometimes it works, other times I got rekt.
When BTC drops below the 50W moving average, it then goes to the 100W moving average, spends a little time there, then goes to the 200W moving average.
Every cycle is eventually the same.
BTC topped when it always does (Q4 of the post-halving year), and so many have spent so many hours trying to convince you that it has not.
And BTC entered into a bear market, and so many have tried to get you to believe that alt season is "just around the corner" because it always happens after BTC tops. What they fail to account for is social interest. After the 2019 top there was also no rotation into altcoins, which also occurred just before QT ended.
I track the social interest in the asset class, and it has been trending down since 2021. There is no one new here for people to sell their altcoins to.
Alt seasons historically occur *after* social interest has been trending up for a year, not after it has been trending down for 5 years.
Have an actual plan on navigating this brutal asset class. Because if the altcoins you hold drop another 50%-80% from here, not a single influencer who promoted them will express an ounce of regret for it. And you will simply be living with the consequences.
I get a lot of hate for saying the truth, but an inconvenient truth is better than a lie.
@FerociousTaurus@benjamincowen@cdkns93 Why can’t he be bearish? I sold most of my holdings back in 2021.
Sold the remaining last year except for Solana because I was waiting for it to break ATHs and hit $300. Never did
The entire market is still led by a bunch of scammers who pump & dump every effin’ coin
If BTC follows prior midterm years, it goes straight to the 200W SMA.
If BTC follows 2019, it bounces, then goes to 200W SMA in a few months.
Either way, BTC likely ends up at the 200W SMA this year
The path to get there is challenging, since BTC topped on apathy, not euphoria