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Joined December 2017
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Alright. I think I have a pretty damn good idea now where $btc is going to bottom. I had to bust out an old indicator that has had my attention for the last few years that I had completely forgotten about. It’s called “Coin Value Days Destroyed” Type CVDD into indicators on tradingview and it should come up. Just focus on the very first 2 charts you see here in the first image below to see the significance. It’s the purple line. We always come back and perfectly retest this specialized MA on the “Daily Line” chart before the bull run starts. 👇 (Note: I used the 2D chart below so the whole chart would fit for the screenshot. The metics and visual is pretty much the same as 1D so it’s fine) #Btc #Bitcoin $Eth #Eth
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Hal L retweeted
We can’t bottom until you panic sell your favourite coin, by the way.
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Kek
supply of bitcoin (red) vs. z cash (blue)
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Its starting. $Btc and crypto to start out performing stocks. This doesn’t mean Btc won’t go down a lot further or there won’t be a massive black swan like we talked about after we pump a bit from here. Crypto will just start outperforming on the up moves pretty much starting now. Swan still coming this summer imo. It will rock most markets severely. Crypto will go right back to outperforming right after it happens.
And here is the chart for confirmation.. Last time was 2022 when this divergence surfaced.. Reclaim the white line and confirmation is here.. Can take up to 4-6 weeks..
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Hal L retweeted
Why the bottom for $BTC is not in Bitcoin's Realised Price is the average cost basis for all holders Currently it is 53.6k Bitcoin has NEVER bottomed in a cycle without trading below the Realised Price 2011 → BTC bottomed at $2.1, about 58% below the Realised Price of $5 2015 → BTC bottomed at $152, about 49% below the Realised Price of $300 2018 → BTC bottomed at $3.2k, about 47% below the Realised Price of $6k 2022 → BTC bottomed at $15.4k about 34% below the Realised Price of $23.3k 58%, 49%, 47%, 34% – see a pattern forming? My prediction for the next Bitcoin bottom is the Realised Price minus 20-30% In other words → 37.5k-42.8k Bookmark this because I know I'm right
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Hal L retweeted
Replying to @Altamash_9122
I’d say 87k/88k. Could go a little higher sure, but If you see 87k I wouldn’t hold your breath. Take action there imo. Possibly even just high 86ks if you see a reaction worth noting there. Plus I see a decent amount of people talking about 90k and 92k of the small group talking about this area. I don’t really see anyone talking about 87k which is a great sign. It’s a key level and it’s overlooked. It’s the 3 Day 100MA(very key MA on the entire trend up, go look at it). It’s also the last untapped ob crevice of that leg and the 1.618 measured move of the corrections C wave. $Btc #Btc
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$Aave Highly likely it takes out that low at 24.64 for the bear market bottom
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Hal L retweeted
Moneygram Just Moved Its Entire 200 Billion Dollar Network Onto Crypto
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Hal L retweeted
$BTC Bitcoin’s daily RSI has now fallen to 14, which is lower than the level seen during the Crypto COVID crash on March 13, 2020 (RSI was 15-16) The last time it reached even lower values (around 8–9) was on November 21, 2018. This is only the third time Bitcoin’s daily RSI has hit such extreme oversold territory in its history since 2011
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$Btc just closed a swing failure pattern on the Daily. LFG Check out $Fet with one as well with a nice rounded bottom here.
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Hal L retweeted
Best one yet
“Mint billions of coins out of thin air. It’s a privacy coin so they’ll never know”
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The part that annoys me about considering I’m wrong about price going way back up there first before the big down move is that this was WAY too easy to short and it was so obvious when we were up there. So let’s see which scenario plays out. Maybe I’m not crazy. $Btc #Btc
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Once this BTC dump is done... It will be painful for those shorts above
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Hmm
Who murdered Bitcoin?
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Alright I admit when I’m wrong. We’re prob not going to get the bounce before it happens. The big drop we’ve been waiting for is likely already started. Time is running out for us to go back up there and then down. And we’ve already broken back below the trend. Last bounce is prob not happening here or on any of the other coins. I own it. Rest of the plan is still intact. This does mean I’m changing my bottom bid for $Xlm to .095 cents instead of .066 tho. Fibs adjusted I adjusted the fibs on the $Btc chart. High 30ks likely imo. This doesn’t affect my other bottom bid targets.
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It’s one of these two scenarios imo 👆👇. Both lock on perfectly with fibs in zones in many charts. You guys decide. I could see either. I’m just not so sure anymore. ✌️
I think bottom is in here. Expanded flat B wave This my best guess at how this goes. Absolutely ZERO chance this doesn’t end in an insane black swan event imo. Monster liquidation cascade that will be a little bigger than Covid sell off. Low 40ks minimum. $Btc #Btc
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I think bottom is in here. Expanded flat B wave This my best guess at how this goes. Absolutely ZERO chance this doesn’t end in an insane black swan event imo. Monster liquidation cascade that will be a little bigger than Covid sell off. Low 40ks minimum. $Btc #Btc
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The next bull run after the black swan bottom is going to be the biggest run anyone has ever seen. All stocks, bonds & the derivatives market are all getting tokenized as we speak. That’s $1 quadrillion(1000 Trillion) of liquidity from just those 3 things alone that is about to flood an asset class that has only $2 Trillion in it. They are about to launch a whole new crypto based financial system. They have to use bridge assets to accomplish it. This next run is going to be way bigger than 99% of people realize I guarantee you a bull run of this magnitude will not start out with a slow months long bottom giving every retail investor that much time to buy the bottom. The bottom will be a MASSIVE capitulation panic sell off wick like a like a giant fuse to a giant rocket. This is a once in a life time opportunity. You prob won’t experience anything like this again. Make sure you capture it. You can make millions by just holding spot. Don’t mess it up by getting too creative. Don’t ruin it with leverage. Secure it. Make some hard rules and sick to them to the end. This is the great wealth transfer event you heard about.
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Correcting this last bounce thesis. I think expanded flat above is likely wrong and not happening. Move down is already started.
Alright I admit when I’m wrong. We’re prob not going to get the bounce before it happens. The big drop we’ve been waiting for is likely already started. Time is running out for us to go back up there and then down. And we’ve already broken back below the trend. Last bounce is prob not happening here or on any of the other coins. I own it. Rest of the plan is still intact. This does mean I’m changing my bottom bid for $Xlm to .095 cents instead of .066 tho. Fibs adjusted I adjusted the fibs on the $Btc chart. High 30ks likely imo. This doesn’t affect my other bottom bid targets.
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Nurturing myself today
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Tp-ed this short. 3.5R I actually think we can and may go a little higher to the mid .30s before this eventually comes back down. The count I showed was clear but it didn’t include the beginning two sub waves. Also this immediate move down from .30 looks very corrective with that 3 wave structure. This doesn’t change the higher timeframe plan. $Xlm #Xlm
Couldn’t help myself with such an obvious setup. I really think even tho we’ll prob see some nice relief in a bunch of other coins soon next -kind of like Xlm did here couple days ago, I think this C wave will likely stay topped while all those pop. Question is should I let this ride. Bc there’s a lot more downside coming over the coming months. $Xlm
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