#BTC
So you say RSI, trendlines and "channels" are useless piece of crap. You better stay humble and pay attention to the charts.
Take what you learned from wrong teachers throw it to the trash can and start to DYOR.
Open your eyes and ears and listen to the right people.
@L1vsun “50% of a stock’s move is the overall market, 30% is the industry group, and then maybe 20% is the extra alpha from stock picking. And stock picking is full of macro bets. When an equity guy is playing airlines, he’s making an embedded macro call on oil.”
Stanley Druckenmiller
Milton Friedman:
“Those government measures that reduce the relationship between reward and output interfere with efficiency. They destroy the incentives for people to use resources most effectively.”
“If, for every extra dollar you produce, 50 or 60 cents of it is going to Washington, the state capitol, or the city hall, then you don’t quite have the same incentive to undertake the efforts involved to earn that.”
#BTC
So you say RSI, trendlines and "channels" are useless piece of crap. You better stay humble and pay attention to the charts.
Take what you learned from wrong teachers throw it to the trash can and start to DYOR.
Open your eyes and ears and listen to the right people.
It is time for a $BTC Monthly RSI update.
Did you listened to what the "Magic Line" resistance told you?
Yes, that was local top. Like it has happened 5 times before this one.
"The Matrix has spoken".
@AltimeterCap@SpaceX@altcap@GavinSBaker@_clarktang@Cursor Elon will monopolize AI
As Rockefeller did with oil industry.
Rockefeller purchased all distribution capacity with Railroad agreements. Elon is doing it with inference capacity (NVIDIA GPUs).
Rockefeller build oleoducts just as Elon is making chips on Terafab.
@cryptorover A lot of scammers talking about “supercycle". 🤣
Halving creates supply shock, then FOMO until day 540. Then it is just profit taking creating a bear market until day 900.
On day 900 a new bottom is created.
Then rinse and repeat.
@JesseOlson Every past bottom has been made under the Bitcoin Average buy price, before reversal.
It makes sense BTC go lower to grab this liquidity cluster.
@Web3Marmot@MacroBombastic Hype and bubble burst is inevitable as history shows us. At the end some companies will survive and some others not.
https://t.co/GuYIbfmwF3
@archon1000000@WhalePumpReborn CT - Crypto Twitter
Left tail/ right tail (of a normal distribution probability)
Asymmetry trades are on the tails. The most crowded trades are on the center.