Look for investments that support big tech - materials (copper), infrastructure (networks), and modern energy. Higher risk but big payoffs possible in robotics (healthcare, manufacturing).
Look for investments that support big tech - materials (copper), infrastructure (networks), and modern energy. Higher risk but big payoffs possible in robotics (healthcare, manufacturing).
This lines up with my estimate of 140-148 days after the first major low, with a possible low of 52,750k USD.
Last cycle multiple bankruptcies drove the price lower which hopefully won't happen this time.
This lines up with my estimate of 140-148 days after the first major low, with a possible low of 52,750k USD.
Last cycle multiple bankruptcies drove the price lower which hopefully won't happen this time.
(Institutions maintain a 'percentage of portfolio' as they buy lower and sell higher vs. retail buys at extremes (lows and highs).)
www.youtube.com/watch?v=EGDR...
(Institutions maintain a 'percentage of portfolio' as they buy lower and sell higher vs. retail buys at extremes (lows and highs).)
www.youtube.com/watch?v=EGDR...
#BTC is challenging the 30-day moving average next. The last time we lost the 30D MA was at 114k. We've been below since. The 5-day MA generally indicates weakness when below the 30-day and strength when above.
To move higher we need a catalyst to liquidate shorts in the 91.5-95k range. Until then, downside pressure remains.
To move higher we need a catalyst to liquidate shorts in the 91.5-95k range. Until then, downside pressure remains.
If we do hit 74k, I'm buying back in. Then will take profit if we hit the 400-Day again
If we do hit 74k, I'm buying back in. Then will take profit if we hit the 400-Day again
youtu.be/kc95QvVzmfM?...
youtu.be/kc95QvVzmfM?...
For comparison, 35% Bitcoin held at a loss Summer 2021. Fear and Greed was at 6 June 2022. Chart courtesy Coinglass.
For comparison, 35% Bitcoin held at a loss Summer 2021. Fear and Greed was at 6 June 2022. Chart courtesy Coinglass.
This all depends on whether we lose 96k which is the short-term holder cost basis. Capitulation will accelerate the further down we go. All eyes will be on short term holder action.
This all depends on whether we lose 96k which is the short-term holder cost basis. Capitulation will accelerate the further down we go. All eyes will be on short term holder action.
The one good news we have at this point is that the dips are being bought up. Our 'hyperliquid' whale 40x'd LONG #BTC at $96155 (2.4M).
Meanwhile our 'hyperliquid' whale has switched bearish with 20x (2mil) and 40x (6mil) shorts. At some point he will be right. This time?
Meanwhile our 'hyperliquid' whale has switched bearish with 20x (2mil) and 40x (6mil) shorts. At some point he will be right. This time?
200-Day is at 110k, below that has risk of rejection.
Knowing that, Tuesday was an over-reaction and Wednesday is 'reverting to the mean' and rally (small or big, we don't know). Thursday will tell us the direction.
Knowing that, Tuesday was an over-reaction and Wednesday is 'reverting to the mean' and rally (small or big, we don't know). Thursday will tell us the direction.