BTC update
Extremely slow PA this summer. Already for weeks looking at the same. As my recent updates were on the higher TF's, nothing has changed in the past 3-4 weeks.
Chart 1
Blue doodle: a bit more bounce, back into the discount zone (~70k), followed by a final leg lower to the green box.
Red doodle: that leg lower from here.
Chart 2
SPX did push to new highs as expected. But BTC didn't follow. This makes it more likely that BTC will follow the red doodle as soon as SPX is going to start a correction.
Chart 3
All good on the high TF's
I'm 27.
I spent 10+ years obsessing over self-improvement.
Here's what I learned in 5min so you can save 1,000+ hours:
1. Your life is 100% your responsibility. Nobody will save you.
Zuckerberg is way richer than me, but I'm pretty sure that if I blew out my knee, I would have the same surgery as him. This simple truth, about how technological advances diffuse through a population, escapes critics of techno-capitalism.
"I respect the pump in all assets. Why? Because the power of the pump always comes back to you if you respect the pump of other people. Whatever pumps you have to pay respect. We all gotta believe in something & I do believe in the power of the pump."
So cigarette’s do more good for the climate than a Tesla?
The hypocrisy of ESG scores.
Tesla got just a 37 out of 100, while Philip Morris got an 84.
Who’s supposed to believe this non-sense?
https://t.co/eo8eRVPBiZ
Fast, lift, sprint, stretch, and meditate.
Build, sell, write, create, invest, and own.
Read, reflect, love, seek truth, and ignore society.
Make these habits. Say no to everything else.
Avoid debt, jail, addiction, disgrace, shortcuts, and media
Relax. Victory is assured.
@naval