#Bitcoin
📷: What if it tops this year? Remainder of the 4 year cycle is a bear market (3 years) Every man & his dog, all crypto influencers, Absolutely Everyone gets left holding the bag ready for the halving. All screaming $1mil btc/supercycle. This is MAX PAIN for $BTC imo
Here's something the bears won't like:
If / When we set that 3rd angle, bitcoin should average 4% per day until it breaks down.
That would take it from 58k to 226k in 8 weeks.
If that sounds unbelievable, understand the prior 2 bull runs hit 9% per day average.
Seems most people are having their energy harvested this morning by that US debate.
The thing you should be focusing on is markets will likely top before the next president is crowned.
Arguing about him or her, what they said, means you lose.
Focus. There isn’t much time left.
Here’s the truth.
Many attempted to catch a knife today.
I hope it works and they got the handle.
But most likely, charts take longer than 1 day to repair.
I’ve seen many crashes, I suspect the market will continue to cut those blindly buying dips.
I am ready yet patient
Here's the deal with 'Never sell your bitcoin'
That only applies to the super rich. If you have no requirement for cash / liquidity and infinite income, you can say never sell.
Otherwise, you take profit, or you never own enough bitcoin.
3rd angle.
Fear driven 5th wave.
Full weekly cycle behind us.
Bears are very quiet.
Toxicity in comments is completely gone.
Everyone looking at next year for tops.
The setup is glorious.
#bitcoin
confirms this is now just week 3 of a 26 week avg Cycle. Very early days with great strength.
Monthly looks 🤌. Keep sitting firm and tight. Still might take time to break range.
Also means recent $53k lows should never be tested again. Bad news there.
Inflation already at target and will continue to drop
Unemployment nearing recessionary levels
Fed 170 bps behind curve
Yield curve inverted for over 800 days
We're in the middle of the largest fed blunder in history.
Doesn't mean we can't rally, but it does mean it's going to
If ETF approved and bullish response,
Headlines will be 'wall street embraces crypto'
Couple that with the Trump stuff 'Government embraces crypto'
The hype will build fast
Headlines will say 'bitcoin up 400% off the lows - super cycle next'
But we are no longer early...
The EU is bankrupt and preparing for asset seizure. It’s why they’re building this registry. What’s coming is not just inflation, but confiscation.
This is how they bail out central banks.
Be honest
Who else said:
'No broad based altseason this cycle'
'BTC.D will run to at least 60%, not breakdown from 30 or 40 like everyone thinks'
'Focus on bitcoin because this cycle only a small handful of alts will do well'
No one - everyone said I was a clown
BREAKING - WOW!🚨
THE MARKET NOW FAVOUR A 50BP RATE CUT RATHER THAN 25BP AT THE SEPTEMBER MEETING!
YESTERDAY THE MARKET HAD 22.5% CHANCE OF A 50BP RATE CUT - TODAY AFTER MACRO DATA, IT SHOT UP TO NEARLY 70% CHANCE!
$SPY $IWM $MACRO
How many days before Michael Dell announces he has bought a billion dollars worth of bitcoin to add to Dell's balance sheet?
Market will append that narrative to this cycle low
Doubters will be left saying 'no one could have seen that coming'
Everyone was calling for one more leg higher, including me
When presented with new data on Friday, I pivoted
If new data presents, I pivot back to bullish
Sitting here calling for one more leg higher in the face of something that could easily become a C19 plunge is reckless
Since we now have over 2.5 million altcoins & none of them have really achieved anything, perhaps we should stop & put the liquidity that rightfully belongs to
#Bitcoin
into bitcoin. You had 14 years to build something better and you didn’t even come close. Merely stifled freedom
How To Deal With This Crash
More proof of simulation
How I handled C19 and Bloody October
Staying ready for momentum to return
TA + Live trades
$SPX $BTC $XAUUSD $QQQ
Where's all the people calling me stupid gone??
Where's the guy that said 'NGMI' ??
I know you don't have crystal ball...
BUT I DO 🔮🔮🔮
Have a great weekend all - deep dive tomorrow
🚨BREAKING - US PRODUCER INFLATION DATA RELEASED
YoY Growth:
🇺🇸 PPI (Jul), 2.2% Vs. 2.3% Est. (prev. 2.6%)
🇺🇸 Core PPI, 2.4% Vs. 2.7% Est. (prev. 3.0%)
MoM Growth:
🇺🇸 PPI (Jul), 0.1% Vs. 0.2% Est. (prev. 0.2%)
🇺🇸 Core PPI, 0.0% Vs. 0.2% Est. (prev. 0.4%)
I discovered something amazing at the end
Show me the charts...
Huge Bitcoin Catalyst Incoming??
Congress banned from owning stocks
TA + Live Trades
$SPX $BTC $XAUUSD $QQQ
Markets are still going according to plan
Bitcoin Whales are buying
Marco data suggests recession
Stock market blow off top
TA + Live Trades
$SPX $QQQ $XAUUSD $BTC
Weekend Deep Dive
Inflation is plummeting
Fed orchestrating a controlled demolition
Unemployment & recession triggers
TA + Live Trades
$SPX $BTC $XAUUSD $QQQ
I am not an altcoin guy
I have always made that clear
But I have a good track record of spotting sentiment extremes and taking the opposite side
XRP sentiment is worse than I've ever seen, anywhere, on any asset, ever in my life
The lows probably in & it's likely about to rip
Retail and Exit Liquidity - Let's Talk
3rd angle / fear driven 5th
Recession indicators / rate cuts
Bitcoin Power law
TA + Live Trades
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Could it be.
I said I would be open to playing a bounce.
My only concern is if we gap down Monday then I think you will see panic show up rather quickly.
Regardless, Camel crew will stay on the right side
@finance_camel
Nasdaq 2007 vs 2024 structure. We also lost our Second Angle, We also had a VIX spike making a HH. And we still had a 3rd and final angle.
Chance bitcoin bottomed Monday, but I like one more good solid 2-4 day dump for $BTC to get it right at the 60-day cycle low and entirely cleans sentiment.
Bitcoin Cycle Low Arrives on PEAK FEAR !!
Hunting for swings !!
Nothing new under the sun
TA & Live Trades
$SPX $BTC $VIX
#gold
#silver
$AAPL $DXY $TSLA
#Coinbase
$COIN $MARA $RIOT $MSTR
#USDT
Weekend Deep Dive
Inflation is plummeting
Fed orchestrating a controlled demolition
Unemployment & recession triggers
TA + Live Trades
$SPX $BTC $XAUUSD $QQQ
I'm saying this now so I can come back and point at it later
If we are in the macro 4th, the 4ths job is to create depression in the latecomers that bought the top.
If this really is the 4th, people should become depressed soon, sentiment should sour, then we moon.
What if instead of bitcoin going 1234
We’ve actually gone 1212??
That would invalidate left trans but I’d be more than happy to see that in exchange for 3434 and infinite 5s
Any Elliotticians out there care to weigh in?
The Great Market Confusion
Bitcoin almost ready for new ATHs
Stocks looking for daily cycle low
The rotation narrative
Gold bull market / debt crisis
TA & Live Trades
$SPX $BTC
#gold
#silver
$DXY
#Coinbase
$COIN $MARA $WULF $MSTR $QQQ $VIX
Bitcoin Fires First Warning Signal This Cycle
Risk Management
What happens next
@Cryptonnaber
Crowned the King
TA + Live Trades
$SPX $BTC
#gold
#silver
$DXY
#Coinbase
$COIN $MARA $WULF $MSTR $QQQ $VIX
Observation:
less than an hour ago it was 'no way you're getting cold inflation data'
Now it is 'HA! Told you the low is in'
CPI loves to pump and dump.
EVERYTHING is still on the table - Let's see, way too early to draw any conclusions.
How To Deal With This Crash
More proof of simulation
How I handled C19 and Bloody October
Staying ready for momentum to return
TA + Live trades
$SPX $BTC $XAUUSD $QQQ
Bitcoin 5.3 Theory / diminishing returns doesn't make any sense
CPI is tomorrow!
Bitcoin looking to confirm weekly cycle low
TA + Live Trades
$SPX $BTC
#gold
#silver
$DXY
#Coinbase
$COIN $MARA $WULF $MSTR $QQQ $VIX
Blow off top, Recession, Bear Market
Weekend Deep Dive
Bitcoin has work to do
Stocks cycle low in focus
Gold new highs
TA & Live Trades
$SPX $QQQ $XAUUSD $DXY $BTC
Top this year is more likely than next year
Fed policy error
Risk is deflation not inflation
Hunting cycle lows
TA + Live Trades
$SPX $BTC $XAUUSD $QQQ
Ok I know I people don't like it when I say 'no broad based altseason' but hear me out:
What if we saw BTC.D move just a little higher - let's say 65%
And then a recession hits? Do we see rotation? Or flight to safety?
How about no recession? If no recession I think we COULD
It's not personal
Short it if you think it's going down, that's what makes a market
I am long, have been, continuing to add, all called out ahead of time with public stop loss numbers for each position
Saying 'it's going down' is worthless. This is business
Short or shut up
@finance_camel
@TorrVendit94486
You might feel validated by people kissing your ass on here, but what will make this painful is when you realize this was a left translated top at 74k but you just wanted it to go higher.
Altcoiners and beggars are the same thing:
'Please sir, can you spare some change?'
and
'Please sir, please pump my bags'
😂😂😂
(Just having some fun by the way, lighten up, not everything is serious)
This is where you find out who the real traders are vs those that make predictions
The real traders have locked in and protected gains
Everyone else is currently holding the bag, hoping & praying the markets are merciful
Marrying an idea will get you rekt. This is business.
Everyone was calling for one more leg higher, including me
When presented with new data on Friday, I pivoted
If new data presents, I pivot back to bullish
Sitting here calling for one more leg higher in the face of something that could easily become a C19 plunge is reckless
Bitcoin Breakout
Weekly cycle low confirmed
Nothing has changed in the charts
Miners about to rip higher
TA + Live Trades
$SPX $BTC
#gold
#silver
$DXY
#Coinbase
$COIN $MARA $WULF $MSTR $QQQ $VIX
Here's How I Plan to Re-Enter The Markets
Nasdaq vs Btc - cycle inversion?
Bitcoin fear driven 5th wave
Bitcoin left translated ruled out
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