Spacedust
3.6K posts
@nickgiva1 @JoeCarlasare Respectfully sir, judging by your bitcoin videos which I’ve paid for, you didn’t do this effectively.
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Or, and follow me closely here, you could have sold futures Vs your cash position, gone net short even, closed your short/hedge 30k lower and paid tax on your hedge profits but also then bought more cash with the net profits and reduced your BTC average in price by 20k.
Slightly better than watching your account liquify while pretending that 1BTC=1BTC and you don't care 😂
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Bitcoin was around 90k in November.
If you sold after Nov and paid 15%+ long-term capital gains tax (or higher), today’s $81.5k would effectively be $77k after taxes.
You’d effectively have less Bitcoin than if you'd just held.
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@JonnyMoeTrades Reviewing carefully since yesterday, feeling more bullish than before. reasons:
1. We're re-entering the larger range, acceptance inside would be different than 2021
2. Funding remains negative
3. Short OI still stubbornly high
4. ETH/COIN/RH etc at support,
5. Stocks solid AF
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@JonnyMoeTrades This is great game theory. But was there enough accumulation below 80k in such a short time period?
(distribution above 110k was ~ 4 months min. Currently we've only spent 3 months under 80k)
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In the back of my mind ever since we topped so perfectly on schedule with the halving cycle in Oct, is that the bottom timing might not match the halving cycle
Because as everyone starts staring at the same thing, it stops working
And the bottom won't be delayed, it'd be front run
Spacedust@Singhdahking
@JonnyMoeTrades Thinking of this in a couple ways - Bullish: 82-85k make everyone believe we're back, and then have a super deep retrace but above 60k as low is in. Bearish: Lows are not in, nuff said. Hard to see going straight thru 80s to 100k, BUT usually does the hard thing doesnt it lol
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@JonnyMoeTrades Thinking of this in a couple ways -
Bullish: 82-85k make everyone believe we're back, and then have a super deep retrace but above 60k as low is in.
Bearish: Lows are not in, nuff said.
Hard to see going straight thru 80s to 100k, BUT usually does the hard thing doesnt it lol
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I have been pretty firm since October that we are well into a $BTC bear market that likely wouldn't see a bottom until the 2nd half of this year
But the price action of the last ~1-2 weeks is making me fully rethink that timeline
I've posted about this several times recently, but every spot $BTC -should- have sold off in the last couple weeks to maintain a bear market posture has either bought instead or bear trapped before popping back higher
It's okay, and good, to have a long term market thesis to guide your short term trading, but you can't impose your long term will on short term markets
$BTC is far from out of the woods, there's a lot of horizontal resistance through the $80,000s, but I'm cautiously becoming bullish again
Jonny Moe@JonnyMoeTrades
With today's price action and where we are as far as timing in this cycle It doesn't look good for crypto fam As it stands, top was Oct 6th, 1 week off from predetermined target of Oct 13th set years ago
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@DonAlt Don can you be more clear for the newbies? we need clarity please. is it over or we will get cooked now by the orangeman missiles?
i dont have any extra $ to lose again.
Also spx/nasdaq are super overheated, are we the last act of the comedy?
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@JanelleHid14283 @NoFilterSkin This is very true and important to understand. Increasing DAO alone will not solve the problem for most - only for the small subset where their histamine intolerance is due to low DAO, or a genetic variant causing low DAO. For everyone else, it’s mast cell activation.
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Histamine intolerance gets misdiagnosed a lot, but a lot of the time it’s actually mast cell activation underneath.
Especially in people with hypermobility/EDS — their mast cells are often unstable, so they dump histamine too easily.
Low DAO (the enzyme that breaks down histamine) makes it worse, but the real root for many is overactive mast cells!!
It’s why so many people with eczema, gut issues, and histamine problems don’t fully get better just by avoiding high-histamine foods.
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Histamine intolerance is the most misdiagnosed gut issue of the last decade.
Doctors call it anxiety. Dermatologists call it eczema. GI calls it IBS. Allergists run skin tests that come back negative.
Meanwhile your face flushes after wine, your heart races at 3 AM🧵
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Meta has stopped working with Sama, a company in Kenya that helped train its AI using videos from the Ray-Ban glasses.
After that, Sama fired about 1,100 workers. Some of the workers say they lost their jobs after speaking out about the very private videos they had to watch.
The workers saw very private videos from the smart glasses, including people using the bathroom, taking off clothes, having sex, private talks, and even bank card details.
So many users did not know that a guy in Kenya were watching their videos to train the AI so a class-action lawsuit against Meta was filed
Sama has lost the contract with Meta and fired 1,000 people
Meta has not given a detailed public statement on ending the contract or the workers’ claims
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@JonnyMoeTrades Careful above 81… maybe gets to 85 max. But I’m all out on longs before 81
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Feeling this again, just can't stay bearish
Jonny Moe@JonnyMoeTrades
I felt it Sunday night but then we did simply just break down again overnight but now feeling it again tonight... $BTC and majors just feel like they aren't breaking down the way the setups should I'm struggling to maintain bearish posture because of this
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@JonnyMoeTrades It always happens in the dead of night - US time. Scripted
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I can't believe they got me with one final Sunday night impulse before the breakdown
Markets are incredible
Jonny Moe@JonnyMoeTrades
I shared plenty of doubts over the last week or so but by God just from peaking at mobile between toddler dinner time, bath time, and bed time, I think crypto majors may just be on the verge of a major breakout
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Andreas Antonopoulos got mocked for being broke after teaching Bitcoin for 5 years then the community sent him $1.5 MILLION
In December 2017 Roger Ver also known as Bitcoin Jesus mocked him on Twitter for never getting rich from Bitcoin
Andreas replied that he had bought early but sold in 2013 to cover the rent and support his family because he didn't have much money
Within 48 hours over 1,000 strangers sent him more than 100 BTC and one single person even sent 79 BTC, worth over $1 million at the time
Those 100 BTC are worth over $7 million today
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@JonnyMoeTrades Meh… long/short ratio still steadily low, funding negative but improving, big long OI Puking every 2% drop. Think we need some higher to convince longs to stay sticky and shorts haven’t truly been flushed yet.
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@JonnyMoeTrades Ya but the amount of money piling into it sure as heck is a mania
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Seeing this a lot today, a reminder that Long Island Blockchain was a scam that was later prosecuted
That does not mean that every future tech pivot or ticker reuse in the history of the world is also a scam
Sonnenshein@Sonnenshein
remember when pub cos were adding "blockchain" to their names?
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@Liv_Boeree a delivery van knocked down a prison wall, are you retarded to believe this AI slop? and neil retardo tyson is the last person i'd listen to regarding science.
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@fxevolution @VolumeLeaders Have you seen the disruption to helium? Semiconductors are cooked
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The biggest Semiconductor etf saw a massive dark pool right near the close on Friday.
I wonder if that was someone signalling a temporary high?
source: @Volumeleaders
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@JonnyMoeTrades there goes that inverse h&s - retail always gonna be food. What was the news catalyst?
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@JonnyMoeTrades Jeez, if its a h&s, im staying vigilant for the failure lol
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@JonnyMoeTrades Bro you pumped it with your tweet- gonna report you for pump n dumping
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