Nacho Gringo
2.9K posts

Nacho Gringo
@Nacho_Gringo
Bought my first 2 Bitcoin in 2015 for $500. I spent it like a chump on stupid stuff. Now I'm back to make up for past sins :)
Katılım Kasım 2020
815 Takip Edilen428 Takipçiler
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Forget bull and bear markets for a minute and notice this capitulation reaction - the volume buy up that came is something we haven't seen in years!
Our market is alive and well! 🥂
Not dead and over like CT is saying
And if this volume from this capitulation telling us anything.. it is implying that many are looking for discounts this year
My plan remains the same, I will take any major discounts I can get while I wait for the trend to officially turn bullish again
And no I don't care how long it takes
Coinspeed to us
#Bitcoin

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nice bounces.
real question is how long this rally lasts. strong weekly candle will be critical here, pray for some SFPs.

Psycho@AltcoinPsycho
pretty big standard deviation of a move here would imagine BTC sees a relief bounce soon
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it’s impossible to overstate how much damage Binance has done to crypto.
CZ 🔶 BNB@cz_binance
Poor again. 😂 (last time I posted this was when bitcoin dropped from $67k to $30k ish. Did alright in the end.)
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some ancient bitcoin lore for you noobs.
charts.bitbo.io/mayermultiple/
buy when we are below 0.65 and keep doing that

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Binance Exchange wallets down 6000 $BTC in February as users withdraw off the exchange.
Continue withdrawing - #DrainBinance

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If you are an HTF investor, starting a very slow multi-month DCA below $65k will age well.
One of the mistakes I made at the 2022 low (other than being broke and traumatized) was inventing reasons for Bitcoin to hit a specific line or a round number. I sat waiting for $14k instead of bidding the FTX capitulation.
The statistical probability of lower prices actually decreases the lower we go. We are currently 40% off the highs, and I doubt we see a full 80% drawdown this cycle, simply due to maturation and each cycle low has been slightly more shallow by a few percent.
I think there is an 90% chance we hit the $60s in the coming months.
I think there is a 65% chance we see $50k.
I think there is a 10% chance we go below $40k.
The market is always right, but dips are just opportunity if you are patient.

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ETH + SOL also both got 3D inside bar false break downs


CRG@MacroCRG
BTC: last night just closed a 3D inside bar false break down This is a great looking candle/set up However currently fighting the double 3W inside bar false break out
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$BTC Liquidity Update: The Gamma Trap.
We are currently stuck between a rock and a hard place.
🔴 The Ceiling ($93k): Dealers are long gamma. They are mechanically suppressing volatility. Expect price to grind up and stall. 93k is the "take profit" magnet.
🔵 The Squeeze ($113k): Massive short gamma exposure lies dormant here (-43k GEX). If the 93k wall fails, the dealer cover-bid sends us parabolic.
Verdict: The market is capped until $93k breaks. Downside liquidity is thin. Don't leverage long into resistance; wait for the wall to crack or fade the test.
Keep an eye on its evolution - link in bio

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IMPORTANT - I have a new YouTube channel
If you like the content on here but want even more in depth, polished detail on the science and applications, you will love this.
Expect new videos 2-3X weekly starting soon.
@Dalton-Health" target="_blank" rel="nofollow noopener">youtube.com/@Dalton-Health
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