Is the crypto winter over?

Where would price need to get to to reverse your thinking in that scenario?
This wasn't how I initially came up with the 19300 target, but even the measured move checks out perfectly :)

upload_2023-1-14_15-32-37.png


And,if you have time,what rough price would negate the IHS?

Once it moves above 21500, for sure. But I very much doubt that would happen without a pullback.
 
This is amazing. We are getting worse news regarding Gemini by the hour, and crypto is still on a bull-run. Now the SEC is going after Winklevoss twins as well.

Get the soda & popcorn out.
 
This wasn't how I initially came up with the 19300 target, but even the measured move checks out perfectly :)

View attachment 303720



Once it moves above 21500, for sure. But I very much doubt that would happen without a pullback.

Good stuff.Thanks again.

I'm gonna start following your price action thread more as well.

I'm starting to have an understanding of what clues it can give around the price levels I watch.

Cheers,
 
This is amazing. We are getting worse news regarding Gemini by the hour, and crypto is still on a bull-run. Now the SEC is going after Winklevoss twins as well.

Get the soda & popcorn out.
Huh? I thought the Winklevoss twins had their fingers pointed at DCG as the real culprit. So why is SEC going after the Winklevoss and not DCG? Oh wait, is this a replay of former Goldman Sachs executives turned Wall Street regulators who go after all other bankers except their alumni?
 
This is amazing. We are getting worse news regarding Gemini by the hour, and crypto is still on a bull-run. Now the SEC is going after Winklevoss twins as well.

Get the soda & popcorn out.

Whats your understanding of that mess?

I dont get how they thought they would get away with that?Or did they legitimately think that it could go undetected and FTX and the contagion brought them unstuck?
 
I don't see bottom yet, bounce, yep.
By all means, I ain't saying the bottom is in. It could certainly head back down later. But at the moment, we are heading up. BTW please no Fibs!!


Master Pu, even your evil twin is believed to transition his country to mass-adopt cryptocurrency to bypass the economic sanctions.

Russia’s Answer to Sanctions: Crypto
The administration under the leadership of Russian President Vladimir Putin recently discussed blockchain tech and digital assets usage in upcoming months to dethrone the monopoly of the U.S. dollar in international finance. Russia, the world’s largest country in terms of land area, is set to legalize crypto soon for international trading, according to media reports.

https://www.thecoinrepublic.com/2023/01/10/prof-suggests-russia-might-mass-adopt-crypto/
 
I added fibs knowing how much you love them!

How does Putin’s ambitions translate into TA? Surely, that’s fundamentals!!!!

Also, for now we are going up doesn’t equate to end of crypto winter, more like it won’t be snowing for a while :)

By all means, I ain't saying the bottom is in. It could certainly head back down later. But at the moment, we are heading up. BTW please no Fibs!!


Master Pu, even your evil twin is believed to transition his country to mass-adopt cryptocurrency to bypass the economic sanctions.

Russia’s Answer to Sanctions: Crypto
The administration under the leadership of Russian President Vladimir Putin recently discussed blockchain tech and digital assets usage in upcoming months to dethrone the monopoly of the U.S. dollar in international finance. Russia, the world’s largest country in terms of land area, is set to legalize crypto soon for international trading, according to media reports.

https://www.thecoinrepublic.com/2023/01/10/prof-suggests-russia-might-mass-adopt-crypto/
 
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