bitcoin:native
Bottom is in imo. Weekly 8/21 EMA has crossed bull. Location and timing is earlier than traditional cycles, but not early enough to make it not valid. DCA more aggresively, if there is a ~50% pullback of this leg or (there normally is) buy in bigly. GL
Just cause saylor is a boomer spamming AI slop on main doesn’t mean $MSTR won’t do well. Probably one of the best plays you can take rn imo. Seems like $1000-1200 is pretty reasonable with a ~150-167k initial $BTC target. Bro may be a goober but the shit moves
Cba to post my own chart of this so using bros
I have same view. Wouldn’t be surprised if we get a pullback into the previous range, ideally sweeping range lows, before blasting. Obv doesn’t have to happen but if it does it’s the best RR you can get for the bull market imo
bitcoin:native
🏹 This one’s for ya, right on time.
W4 entry conditions from the last chart? ✅
Clean impulse off the low with 5-wave subdivision? ✅
Into an area of price target confluence? ✅
That's enough for me to call the impluse complete from a trading pov. Now we wait to see if it retraces like a "normal" wave.
There are 2 options for $BTC, if you want to look at it from a very braindead and long term POV:
1. The Feb low is the bottom
2. If a new low is made, that month's candle low is the official bottom.
DCA consistently and chill. If it makes new lows DCA larger and faster.
1.2mil follower account whose literal job is to track Bitcoin and has a subscription service vs account with probably 5 human followers
Wonder which has a better hold on the market
@benjamincowen There is a decent chance of a ~30-50% pullback of the initial leg so can add there. Only issue is nobody knows how large the initial leg is
Weekly MACD Cross above 0 on bitcoin:native is the final confirmation of the bull market being in place, and means it is already well on its way.
Historically 100% accurate on BTC, ~85% accurate on $SPX
You do not ignore this signal. Buy dips/sideways PA, do not be sidelined.
@ShaneStoffer It just trades at a multiple to whatever $BTC does. If BTC moves 1% $MSTR will move 1.5-3%. Don’t ask why or how, just accept that it does. Everyone trying to explain how it works is just repeating garbage other people say. Nobody actually knows anything
@k0k1eth Yea genuinely insane ngl
Even at 0.09, still asking for 9k to get a years worth of access to a card that is worse than other cards costing ~$500 whose benefits are better and basically insta cover the cost. They def just want to ponzi to dump on you
@RyansMethod Am all for bull posting $MSTR but the setups are not the same bro. First one broke past the high (1) then retraced, this one hasn’t. Not comparable imo
Feels weird being able to forecast stuff well enough to where you are self sufficient. You don’t need to check out what others are thinking or hear their garbage thesis/views. You don’t need to track news. Everyone and everything just becomes a proxy indicator for sentiment.
Hate seeing $XPL propaganda on my damn feed. Locking 100k XPL ($9000) for 12 months in order to have a card that does less than industry standard cards is insane. Could literally put 9k in fucking bonds and have that cover the cost of a better card for life. You are all goobers
The only thing you should be doing rn is buying and trimming your longs. Way easier to just buy pullbacks and ride the trend than to try and trade the microstructure of the corrections. Don’t cuck yourself by trying to short during a bull market. It not worth 😗
Any person saying perps are better than options has no idea what options are meant to be used for. The two have completely different use cases and are complimentary.