With over 10,000 crypto tokens, navigating the markets can be a nightmare.
99% of projects don't actually bring any utility.
So how do we spot REAL potential?
🧵This thread will go over 8 of the BIGGEST bets I have for this cycle & the reasons why.
This is the first market cycle in crypto where institutions are all in
• DTCC
• US Government
• Mastercard
• JP Morgan
• UBS
• BlackRock
It really shouldn't be a surprise to see manipulation across the markets
But one thing is certain now,
We know the big names are here & we know crypto is likely to stay given the adoption we're seeing
It's just a battle against time now.
I am buying bitcoin dude - I wasn't referring to altcoins but in hindsight maybe I should have made that more clear. Do you watch my youtube videos or only follow me on X because I made that clear over there. Also - who says we are owed another 50-80% crash? That sounds like bearish wishful thinking.
Last week Saylor said Microstrategy sold $2.5M in Bitcoin
This led to a massive panic in the markets
Bitcoin briefly broke below $60K over the weekend
And now at the fresh start of a new week, what do we see?
Microstrategy's now acquired $101M more bitcoin:native
Crypto manipulation at it's finest...
Tank it over the weekend when TradFi markets are closed,
Run it back up as the week opens.
@Shortcoins The lower it goes the more multiples. I think ~$200K happens in the next bull market, for sure $150K so if we fall lower than $59K even better
🩸Absolute bloodbath today
SP500 down 2.58%
Nasdaq down 4.8%
Gold down 3.2%
Silver down 7.88%
Bitcoin down 7.2%
You think this is FUD or is there a black swan brewing?
📷Snapshot of $BTC high timeframe liquidation map
After the big move down yesterday we can see there is next to 0 liquidity down at these levels.
But when we look above...
$67-$69K with $400M in liquidations
$74K clustered with another $400M
$78K with over $700M liquidations
And as you can tell... We got more and more liquidity the higher we go up to $85K
There's not a lot left for market makers to liquidate here
Let's see what happens next