The 3W ETH chart is clearly showing you that the tide has turned and what is coming, but most are so dialed into the 4H chart that they can't even notice what is staring them right in the face. As for me, I’ll continue to stack, chill, lift fuckin weights, eat a metric fuckton of red meat, and patiently wait for this market to fall right on my lap like I always do. I'll see ya’ll on the other side. Cheers and happy Saturday ⚒️🤝👊
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🚨 JUST IN: #Kaspa Smart Contracts Launching August 31 via @kasplex L2 Mainnet
Kaspa is set to activate smart contracts with the launch of the Kasplex Layer 2 mainnet on August 31. This upgrade brings new utility to the $KAS ecosystem, enabling decentralized apps and expanding network capabilities.
History doesn’t repeat, but it often rhymes.
Am I telling you to sell at the top? No.
Am I suggesting you might not want to quit your job in November? Yes.
Echoes of the past help us set expectations and plan for the future.
Load it in 4K and zoom in to see what they say.
Bitcoin could chop around $95k for four or five months and I'd still expect $200k+ in November. The pattern is very much intact. Get comfortable. Touch grass.
You see the thing is...
You can study price structures etc
Much of my trading over the last 9 years has been geared around recognising structures I'm familar trading
But to elevate it further, study and observe the rhythm and orderflow of price at those key inflection points...
Combine the two and you should hopefully increase the odds of nailing the inflection points
Good luck
$DOGE respecting former ascending channel resistance as new support.
I've already bought at 25cents on 3th, re-accumulated after the first entry at 9cents and partial swing trading. Ready. Will there be another liquidity hunt before the journey to ATH? We'll see. I hodl from here.
Bitcoin's last three cycles all peaked in November or December and were spaced four years apart.
Previous cycle highs:
10 Nov 2021: $69,000
17 Dec 2017: $19,891
29 Nov 2013: $1,242
If that pattern continues, then we would expect this cycle to peak in November or December of 2025.
Bitcoin has also followed a power curve for nearly 15 years. The power curve (law) forms a nice support line that I consider the intrinsic value of the network—the value when all hope and hype are gone.
My favorite way to measure current price relative to the support is the "years ahead" metric. This metric tells you how long it could be, in the worst case, before the support "forces" prices higher than they are today.
Each cycle, Bitcoin rises above the support trendline and then returns to it during the cycle bear.
Last cycle, in Spring 2021, the bull market started early, but we ended up with a double top that put us back on the four-year timing.
This time could be different, but Bitcoin's price action this cycle has been fairly normal. I think most of the pessimism of late is because the ETFs pumped Bitcoin early and people expected it to continue.
I prefer to hold my coins in cold storage. They're safe there, regardless of whether or not the cycle patterns continue.
Godspeed, holders.
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57 reasons you should not sell Bitcoin by BMPILL.
Let's dive into the long list with 57 indicators helping you make a good prediction.
Update date: 2025-01-30
If you like my work, please follow & repost, I'll share with you my googlesheet with all the details.
Bitcoin Quantile Model 👀
Be sure to click on the image; it contains a ton of details.
For regular updates, don’t forget to follow and turn on notifications.
Please share if you found this helpful :)
Greetings @realDonaldTrump and @GovKathyHochul, and @NYDFS,
I am writing to bring to your attention a significant issue and concern of ours, affecting the financial freedom and competitive landscape within New York State concerning the cryptocurrency sector, specifically due to the regulations enforced by the BitLicense.
The BitLicense framework, while aimed at protecting consumers and ensuring regulatory oversight, has inadvertently created an environment where only a few major entities can thrive, leading to a near-duopoly in the cryptocurrency exchange market in New York. This regulatory structure has significantly limited the market access for smaller firms and new entrants, stifling innovation and competition, which are cornerstones of a healthy economic environment.
The current situation where only a select few companies like @coinbase and @Gemini can operate under the BitLicense in New York State does not foster a level playing field. This regulatory favoritism has resulted in:
Limited Consumer Choice: New Yorkers are deprived of the full spectrum of cryptocurrency services available in other states, impacting their ability to invest, trade, and participate in the digital economy on terms equal to their counterparts elsewhere.
Stifled Innovation: The high costs and stringent requirements of obtaining a BitLicense deter startups and smaller firms, which often bring innovative solutions to the market. This is not only bad for the crypto sector but also for New York's reputation as a global financial hub.
Economic Disadvantage: New York risks losing out on the economic benefits that a vibrant, competitive crypto ecosystem could bring, including job creation, investment, and technological advancement.
We urge you to reconsider the BitLicense regulations to:
Broaden Market Access: Lower the barriers to entry for cryptocurrency businesses so that New Yorkers can benefit from a more diverse range of services and products.
Encourage Innovation: Adapt the regulatory framework to be more inclusive of startups and smaller companies, thereby fostering innovation in blockchain and cryptocurrency technologies.
Protect Consumer Interests: Ensure that any regulatory adjustment still protects consumers through alternative, less restrictive methods that do not favor established players over new ones.
By removing or amending the BitLicense to create a more equitable regulatory environment, New York can lead by example in embracing the new digital economy while maintaining necessary oversight.
Thank you for your attention. We hope we can count on you and your leadership to address this injustice and promote a fair market for all.
And we hope for your proactive measures to rectify these issues, ensuring that New York remains at the forefront of financial innovation, not hindered by outdated or overly restrictive regulations.
Kaspa Crescendo timeline update:
End of February 2025: Testnet 10 transition activation
End of March 2025: Mainnet version release (activation will be scheduled ~30 days from the release; currently favoring a single, swift transition from 1 to 10 BPS, though this decision will be reevaluated as we move closer to the finish line).
Short-term—January 21, 2025:
* Crescendo hardfork KIP proposing the exact consensus changes and the forking transition strategy
* Medium post detailing the remaining roadmap
Update 1: #Bitcoin Quantile Model
You asked for it, and here it is—1,000 lines of code later!
👉 Follow for regular updates.
As a full-time, unpaid Bitcoin researcher, I’m often asked how people can best support my free content.
It’s simple: just engage with and share my posts!
Thank you all for your continued support :)
— PlanC
Just a sneak peek! 👀
I’m still refining the layout and will be adding more details to the chart.
This will serve as an all-in-one guide for both the short-term and long-term outlooks of the Quantile Bitcoin Model.
Which quantile do you think we’ll reach—and when?
If you like it, please share! 🙏