BREAKING !!!! "$BTC SPOT ETF APPROVAL ON JAN 10th , Analyst on X predicts."
This News on X has been the most popular for weeks. Retail is confused. We must wait for an official confirmation.
SHOULD YOU SELL EVERYTHING AND LEAVE CRYPTO ? Read this thread carefully if you are a crypto investor.
🧵Here is everything you need to know about $BTC SPOT ETF, its history, and my opinion on its approval or rejection. (1/18)
BREAKING 🚨: The Queen is back
Nancy Pelosi just bought $5M of $NVDA calls with a strike price of $120 and expiration date of 12/20/24
This is her largest purchase in over 3 years
I will be giving away 100,000 dollars to somebody from my email list on Christmas day.
Rules.
1) You must be signed up to my email list to win, I will randomly select an email address and email the winner on Xmas day.
Sign up for free on https://t.co/Lc5d0JEJIv.
2) You must retweet this tweet. If you are selected, and you didnt retweet, I will choose someone else.
Top G.
The G stands for Generous.
GOOD LUCK!
Quick tip for new traders (old ones too)
The purpose of a diagonal line is to show you the direction of a trend, not to draw support or resistance.
Use your brain
"Diagonal trend line resistance" is not a thing its literally in your head
Historically, the stock market collapses after the first Fed rate cut.
The market is predicting the first rate cut will be happening in the middle of 2024.
For now there are only two options for #BTC
Both with one and the same goal
Since 9th of November we in short since $38.000 region, now BTC dumped 8.5% in a matter of few days sending our shorts in good profits, so whats next ?
First of all the liquidity pool in the region of $35.200 got fully filled, also keep an eye on MA20 daily. I see only two options to play out from now, and Iam going to tell you what Iam going to do exactly
The two options are: Straight dump towards $34.000 or pump again to the region of 38-38.5k and dump towards 34k next, stop loss for short is set very tight in the region of 39.2k, also not gonna take any profit from my spot holdings here, as Iam personally watching the big picture only
Will keep shorts open from $38.000 region, will add more short orders in the region between 38-38.5k
Strongest indicator right now is MA20 Daily that can be seen on the chart. Daily close above means good possibility to see 38-38.5k again, closing below is bearish in short time frame and will send us to 34k
No matter what comes first, I will keep short open till the target of 34k, should we go to 38.5k I will add more shorts and aim again for 34k
Happy short sirs, enjoy profits
Bitcoin is in a pre bull run phase, this means nothing more than a big consolidation range between 25-38k for the next 365 days. Bottom was in at 16k. No new lower lows #BTC
Halving in one year. Bull starts in one and half year
See chart from 2019-2020. We in blue range now.
Gotta tip the hat to my friends Jeff and Adrian. This couldn't have been more perfect.
Well done gentlemen. 👏
@AlmanacTrader@crypto_birb
https://t.co/lPweoavvuU
Don’t fuck this cycle up… AGAIN.
A thread of helpful tips. 🧵 👇
Almost everything is breaking multi year bear market trend ranges to the upside.
Your only goal is to get in a position and ride the trend until it gets euphoric.
This is the market condition where you can typically get a win rate of 90%+ with an RR over two.
The key is to buy support when you get the dips and the pull backs. This comes down to emotional mastery and your ability to execute when you get the proper trade set up.
Remember- ABS. Always be scanning. Find the trades around your style.
Don’t over leverage yourself where you’ll get spooked on every little pull back.
#Bitcoin spot ETF approval will bring in a wave of new money looking for ‘the next bitcoin.’
#Ethereum spot ETF approval will giga pump Eth and the ERC-20 ecosystem, especially the tools that every project relies on.
Then the money will trickle to the ETH L2’s and their ecosystems.
Solana continues to dominate market share just because it has a great narrative around it and they’re constantly making the blockchain better and faster.
This may be an actual rival this market cycle just because they have a rival amount of dev and vc support in the ecosystem.
There will be AI narrative that pumps that sector, then gaming coins, then there will probably be a big regulation story with the DOJ that will cause decentralized exchange tokens to pump hard as well.
Real world assets (RWA’s) are also getting some pretty major traction that I would dive in to as well.
Airdrops for protocols and dApps that pay users a % of profits for staking or holding the token will be huge. I have 6-7 spot bags paying out pretty healthy right now from fees.
Mess around with protocols on all the ecosystems (naming protocols, swaps, dex’s, NFT’s, yield farms, LP on dex’s, etc) to get in on those.
If your shitcoin spot bags pump hard… just remember to take SOME profit at least and let the rest ride. I like 60-70%.
If it can change your life or pay off debt, do it. I promise you will not regret it when the market gets frothy.
Set part of it aside for taxes so you don’t get caught with your pants down from your gains next year.
Last, but not least, follow some OG accounts that know what they are doing for trading and finding quality altcoins that have a team following the market that post a lot of alpha.
Here is a helpful list of people I like to follow to give a wide range of opinions on the market:
@CryptoGodJohn@bitbitcrypto@ShardiB2@Nebraskangooner@truecrypto@joemccann@elliotrades@ZssBecker@TraderMercury
@jordan_weaver18
@SalsaTekila
@EmZ_xbt
Most importantly. Don’t rely on others for your trades and your investments. Be accountable to yourself and don’t let others opinions dictate whether you hodl or sell.
That’s for you to decide.
This is your shot to make it. Don’t fuck it up again.