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thedefivillain
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So the market is planning to fall again for the
BTC
conference '
pump
and sell the news' scheme ?
Again ? 🫠
#BTC
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thedefivillain
@thedefivillain
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If you really think the MSTR playbook is going to blow up, you should be piling into $BTC like a madman, because there's no way the collapse happens before some serious blow-off top. Don't use the Saylor copycats as an excuse to be sidelined when really they should a reason to be allocated.
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So now that the HL whale flipped short, the people that were cheering for him because he was balls long are wanting him to get liqd or do they still support him ?
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I think it's worth listening to the first 30 minutes of the last Technical Roundup episode by Cred and Don, where they talk about 2 very high signal patterns on $BTC : - Bearish retests don't work on BTC (for example the recent range retest at $92k-$93k) - Failed weekly breakouts are very high signal / as well as reclaims of the failed breakout.
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The current PA reminds of this move back in November Very similar patterns. If it resolved the same way, we would be looking at a $104k-$105k local bottom tick before bouncing
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What's been significantly bought since the bottom ? BTC HYPE Memes (mean rev?) AI memes (mean rev?) VIRTUAL SUI And then some random names with lover volume : KAITO SYRUP ETHFI EIGEN XMR AAVE WLD Everything else just had the correlated bounce off the bottom but underperformed massively on a risk-adjusted basis
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