RG

All things crypto

[Benjamin Cowen @benjamincowen]

Bitcoin dumps on golden crosses are normal.

What is more telling is the bounce after the golden cross dump is over.

In 2019/2023, Bitcoin dumped into the golden cross then put in a higher high, thus confirming the end of the bear market.

In 2014/2015, Bitcoin dumped into the golden cross, then put in a lower high, and the bear market continued.

A higher high (if achieved) would likely correspond to a weekly close above the 50W SMA (which is a good predictor of the bear market being over).

A lower high (rejected at the 50W) would be a sign that the Q4 low occurs right on schedule.

To summarize:

The dump BTC is experiencing right now has happened previously in bear markets and in the beginning of bull markets. The thing to watch for whether the low is behind us is after this dump is over, does Bitcoin print a higher high (and go above the 50W) or a lower high (rejected again).

Once that data point arrives, it would likely be the nail in the coffin for either the bull or the bear case.

[Quinten @QuintenFrancois]

Jensen Huang, the founder and CEO of Nvidia, the largest company in the world, discussing and being bullish on Bittensor

But nearly everyone in crypto is still sleeping on the potential of $TAO

[CryptoGoos @cryptogoos]

The next Bitcoin halving is in 585 days.

Historically this strategy always worked:

Buy $BTC 500 days before the halving.
Sell $BTC 500 days after the halving.

[BitcoinHyper @BitcoinHypers]

$BTC SMA multiple is flashing dark blue for the first time since 2022

Historically, every move into the dark blue zone has marked major long-term buying areas

[𝗗𝗥𝗘𝗔𝗗 𝗕𝗢𝗡𝗚𝗢 @DreadBong0]

#Bittensor explained in just 90 seconds

A great video from the @sundaebar_ai team 👏

$TAO

[RG @TheCryptoRockt]

@stoolpresidente Quick Way to destroy your reputation.

[HODL15Capital 🇺🇸 @HODL15Capital]

@howardlutnick @ptj_official @elonmusk @B3_MillerValue @tim_cook @andrewrsorkin 6.) Donald Trump announced Cantor Fitzgerald CEO Howard Lutnick as his pick for secretary of the Department of Commerce. He has a massive personal BTC position & buys the dips!

Source: @howardlutnick interview w/ @APompliano (Oct 28, 2024)

[Altcoin Daily @AltcoinDaily]

Tom Lee is buying the #bitcoin dip.

[The Bitcoin Conference @TheBitcoinConf]

PEER REVIEWED PAPER PREDICTS $1,000,000 #BITCOIN BY EARLY 2027 👀

HODL ✊

[naiive @naiivememe]

this should be taught in college

[Bitcoin Magazine @BitcoinMagazine]

🇺🇸 Donald Trump: "Never sell your #Bitcoin" ✊

[Kyle Chassé 🐸 @Kylechasse]

HOLY SHIT 😱😱😱

LUMMIS SAYS BITCOIN CAN HALVE AMERICA’S DEBT IN 20 YEARS 🔥🔥🔥

[Alex Becker 🍊🏆🥇 @ZssBecker]

New vid : Like & Comment "1". 5 will win a mini allocation to my meme coin likely worth 5 figures (Must like/follow/share)

The market is nuking....And it's giving you the best buy points ETH/RWA crypto coins in literal years. Do this NOW

https://t.co/zUcBMlL8ps

[RG @TheCryptoRockt]

@ZssBecker 1

[RG @TheCryptoRockt]

@ZssBecker 1

[RG @TheCryptoRockt]

@DonaldTNews YES!!!!

[Elon Musk @elonmusk]

YES!

[Elon Musk @elonmusk]

The same people who demanded that you have a vaccine ID to travel are now demanding that there be no ID for voting

[Ian Miles @ianmiles]

If the Democrats win it’ll be the last election.