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My conclusion from this CO2 BTC debate is that there is plenty of info for people on both sides to believe what they want. Bulls will hang onto the Coinshare report saying most of BTC energy is renewables. Bears will hang onto the Cambrige report or other data. Who's right? I dont know but at...

Same blockchain and on-chain folks have different views https://cointelegraph.com/news/exchange-inflows-on-chain-data-show-retail-traders-fueled-bitcoin-s-selloff If this guy is right, WW is wrong “Retail is selling on exchanges while institutional investors are simply not buying as much as...

Another difference between that weak cycle (2013 top) and this cycle is the Mayer ratio, which is the ratio between the current price and the 200 day moving average There, the mayer ratio topped at 8.57, this time the top tick was 2.5. That happened because the 2013 advance happened very...

If you measure BTC cycles from the previous tops to the tops of that cycle, I was able to identify the following cycles At 3.34x, this would be the weakest bull cycle ever. And I would think that a weak cycle would have a smaller bear market because it deviated less from whatever fair value...

So it looks like WW doesnt believe his own analysis. Also 'may suggest'? What is that? Sounds like he learned he run a newsletter from David Rosenberg. Here is my newsletter: we may be in a bear market, or we may moon. That will be $50 thanks Also, this whole thing about having 'personal...

Yesterday was a record day for Spot BTC Yesterday markets traded around $9B in BTC. Yet, there are 1.5M BTC already deposited in exchanges, that's $63B dollars. Plus, than can be levered in derivatives markets. We are talking about over $100B in selling power already avaliable on exchanges...

Here is what a leading indicator looks like. The laser eyes thing started around Feb 19 2021. BTC closed that day at $55K, from there everytime it popped BTC was sold and eventually lows were set at $29K yesterday on some exchanges, even after the huge bounce, prices are still quite a bit lower...

lmao, he didnt nail anything buddy May 18: "in my last analysis, the market was recovering from deleveraging in April on derivative markets. I expected a bullish continuation based on investor fundamentals recovering. Shortly thereafter, Elon Musk instilled a dose of fear into the market by...

I would note that at that panic bottom, Kraken was down, Coinbase some people said was down and the stock market was closed (so ETFs couldn't be accessed). Binance and TradeStation Crypto were up, so they are now my preferred places to have fiat for tatical opportunities, especially TS Crypto...

I took a little under half of that position just now (39800) and will hold the rest until the crypto greed and fear index shows greed https://alternative.me/crypto/fear-and-greed-index/ The rest of my crypto, I'm not touching

Alright, we will see who is right in 6 months

BTC drawdowns #btcdrawdowns

Elon pumping BTC

Even though I named this journal 'trading' what I'm doing is more investing than anything else. As far as how to improve on this, I would recommend the following books: The Market Wizard Series Trade your Way to Financial Freedom The Six Pillars of Self-Esteem (for mental game) The Steven Drobny...

@johnarb, a while back you said "no one could lie on the blockchain". Apparently they can lie enough that only a 100K BTC inflow into exchanges can take the price down 50%. Which goes to show that the blockchain doesn't owe anyone shit. Markets are not easy. I dont think that was THE top but it...

This was basically a repeat of March of 2020 panic/capitulation

I also added to my GLXY stake at 21. I couldnt get the 19 prints, by the time I logged in it was too late

Classic setup that I used to see a lot in OTC markets. Retail just panic, they just puked everything. This type of opportunity is rare is mature stocks but in immature crypto seems to happen every year. I was lucky that I saw the price on cointelegraph, most of the time I miss these but its a...

This is pure panic, just bought more BTC at 31700