Mitch

Wood commodity trader, import/export, entrepreneur & Crypto enthusiast

[Mitch @Stoochnoff]

Trading & Investing: Nvidia Earnings Prep, Oil Falls, Bitcoin Breaks Piv... https://t.co/hjYSG12UYe via @YouTube

Awesome show today @GarethSoloway

[Mitch @Stoochnoff]

@madyalook @MarioNawfal Hmmm, well they seem to be working a lot better than the US Shuttle program

[Mitch @Stoochnoff]

Trading & Investing: Semi's Slammed On TSM And ASML, VIX Jumps, Markets ... https://t.co/K6c5w7MGNO via @YouTube

Another great episode with @GarethSoloway

[Mitch @Stoochnoff]

Trading & Investing: Crypto Crash, Jobs Data Shocker, Trade Levels On Go... https://t.co/m2Z1oHewj8 via @YouTube

Super show again today @GarethSoloway Thanks!

[Mitch @Stoochnoff]

@LayahHeilpern Good call;

[James Seyffart @JSeyff]

Only about an hour into trading but $IBIT is ahead of $GBTC in volume so far. Today *could* be the first day where one of the newborn nine trades MORE than $GBTC. Currently $155 million to $113 million 👀

[Altcoin Daily @AltcoinDaily]

bitcoin has gone up forever (historically speaking)

[Thomas Fahrer @thomas_fahrer]

#Bitcoin has been failing upwards for 15 years

[Rekt Capital @rektcapital]

#BTC

5 Phases of The Bitcoin Halving

1. Pre-Halving period

Just over 100 days remain until the Bitcoin Halving in April 2024

Historically, any deeper retraces that occur during this period tend to generate fantastic Return On Investment for investors in the several months after the Halving

Could this retrace be a result of hype and speculation surrounding the Bitcoin ETF finally being resolved?

That means a deeper retrace could occur within the upcoming two months or so, between now and early March

This upcoming two month period will be crucial as any retrace during this period will likely represent the final bargain-buying opportunity for Bitcoin

2. Pre-Halving rally

Then ~60 days before the Halving, a Pre-Halving rally tends to occur (light blue)

In anticipation of the Halving, investors "Buy the Hype" in an effort to "Sell the News"

Short-term traders and speculators "Buy The Hype" several weeks before the Halving in anticipation of making a profit from this hype-fuelled rally

Then these speculators "Sell The News" to realise that profit, contributing to a Pre-Halving retrace which occurs only a handful of weeks before the Halving event itself

3. Pre-Halving retrace

A Pre-Halving retrace tends to occur around the Halving event itself (dark blue circle)

In 2016, this Pre-Halving retrace was -38% deep

In 2020, this Pre-Halving retrace was -20% deep

This Pre-Halving retrace can last multiple weeks, making investors question whether the Halving was a bullish catalyst on price after all

4. Re-Accumulation

The Pre-Halving retrace is followed by multi-month re-accumulation (red)

Many investors get shaken-out in this stage due to boredom, impatience, and disappointment with lack of major results in their BTC investment in the immediate aftermath of the Halving

5. Parabolic Uptrend

Once Bitcoin breaks out from the re-accumulation area breakout into the parabolic uptrend (green)

It is during this phase Bitcoin experiences accelerated growth on its way to new All Time Highs

$BTC #Crypto #Bitcoin

[Mitch @Stoochnoff]

@leadlagreport Exactly

[Mitch @Stoochnoff]

@Sheldon_Sniper Great vid, thanks bro!

[Wall Street Mav @WallStreetMav]

🚨🚨🚨

Delinquencies (adjusted for inflation) have now reached the same level as 2008.

Except, the difference is that back then interest rates and home prices had ALREADY peaked and were coming down. Whereas now, neither is coming down yet. 

More importantly, we see that delinquencies continued to rise long after home prices began to fall.

In summary, what we are witnessing is the largest policy error in market history.

Source: ZenSecondLife Blog

[Mitch @Stoochnoff]

@truecrypto @BigCheds What are the chances the ETFs will be denied?

[The Kobeissi Letter @KobeissiLetter]

4. The average interest rate on a 30-year mortgage just broke above 7.50% and is now at its highest since 2000.

(5/9)

[Mitch @Stoochnoff]

@elonmusk Wow!

[Mitch @Stoochnoff]

@coinbureau Time to load up even more on the #Algo pullback

[Linus ✦ Ekenstam @LinusEkenstam]

AI powered tethered drones picking apples 🤯

These drones use AI image recognition models to determine ripeness and sugar levels in the apples.

Then they use a little arm to pick them.

AI & robotics will completely revolutionize the agriculture industry.

[Mitch @Stoochnoff]

@CooliganFields And cheap too!

[Tommy ₿oy⚡️21m @CooliganFields]

Ultimate security.
#bitcoin