Sabeel Ahsan

Running Epoke Kapital with @chrisnicbruun.
NFA

[Sabeel Ahsan @sabeelahsan]

For the past 2 days, bitcoin has gone up 24%. Since the last crypto mania phase, the market is still down 70%. These cyclic phases have occured since its inception. Why is it so? Does bitcoin and cryptocurrencies actually have any value? Is it just a scam being used by...

[Sabeel Ahsan @sabeelahsan]

@noahseidman The move the spiking this fast I suspect intervention will be coming soon

[Sabeel Ahsan @sabeelahsan]

Macro thoughts - there was a very real possibility that the cycle got kicked into overdrive by Trump’s speech yesterday, but now it seems more likely that we see a top in Q2. Everything depends on the dollar, the business cycle and global m2 #btc

[Sabeel Ahsan @sabeelahsan]

If you believe in the everything code and the liquidity cycle courtesy of @RaoulGMI , that means global M2 YoY starts rolling over in about 6 months - make it count

[Sabeel Ahsan @sabeelahsan]

Macro thoughts - just about everyone and their grandma know about the bonanza currently going on in the crypto markets. But how long will the party last?

[Sabeel Ahsan @sabeelahsan]

With the ISM PMI clocking in at a higher than expected 48 yesterday, that means we can most likely define the bottom of the current business cycle being around jan-feb 2024.

[Sabeel Ahsan @sabeelahsan]

Macro thoughts - the China stimulus package is much more bullish news for $btc compared to the Fed's double rate cut due to the significant impact it will have on global money supply

[Sabeel Ahsan @sabeelahsan]

I would tread carefully in these markets until the MOVE index trends lower. The $dxy will follow

[Sabeel Ahsan @sabeelahsan]

Macro thoughts - Although a rate cut seems imminent, did the fed crush inflation just a bit too hard? The unemployment rate and PMI index indicate a rather not so soft landing. Concerns of a recession will affect the sentiment in the bond and fx markets.

[Sabeel Ahsan @sabeelahsan]

tbh, so much of AI generated content is pure crap

[Sabeel Ahsan @sabeelahsan]

Rest in peace, Daniel Kahneman.

[Sabeel Ahsan @sabeelahsan]

How are we supposed to know if tranformer AI models are conscious if we do not what consciousness is? #AI

[Sabeel Ahsan @sabeelahsan]

Thoughts on the Base L2 solution. Looks like it's essentially a fork of the OP stack and Coinbase will contribute to develop this stack moving forward. No token. Most bullish for the protocols that have proven themselves on Optimism already, imo. $OP $SNX $VELO

[Sabeel Ahsan @sabeelahsan]

@SweetcheeksReal Why? Are you bullish on the reliquary model? Beethoven is currently losing all its volume to solidly forks

[Sabeel Ahsan @sabeelahsan]

@noahseidman $crv?

[Sabeel Ahsan @sabeelahsan]

@0xcarRamirez @noahseidman Ascending triangle, in short markets are finally showing signs of bullish price action. NFA

[Sabeel Ahsan @sabeelahsan]

@noahseidman mfi divergences seems like a better indicator for trend reversals. I like that it's volume-weighted

[Sabeel Ahsan @sabeelahsan]

are getting involved for the past couple of years, they simply have a large impact on the market and major swings occur. As the articulate @noahseidman likes to say, crypto and defi is an emerging market.

[Sabeel Ahsan @sabeelahsan]

For the past 2 days, bitcoin has gone up 24%. Since the last crypto mania phase, the market is still down 70%. These cyclic phases have occured since its inception. Why is it so? Does bitcoin and cryptocurrencies actually have any value? Is it just a scam being used by...

[Sabeel Ahsan @sabeelahsan]

a scam, it is simply because it's still a relatively small market. Previously it has mostly consisted of retail traders that have no clue of what they are doing and get caught in bubbles when excess captial is circulating in the economy. Now that larger institutional players...