hopper
725 posts








@Vikoinvesting I'll wait for your next excuse. x.com/ArdiNSC/status…





$BTC weekly A bullish MACD cross is likely to confirm with this week's close. Since we love 2022 fractals so much, the most similar period was August 2022. But in 2022 it was a bearish retest of a downward sloping 200 EMA, while today it is a bullish retest of an upward sloping 200 EMA. Today also sits at a far more significant support zone, structurally. This also is not the fastest rate hike cycle in history, in a deep equity bear market, with entities collapsing left and right, as in 2022. Even with all the additional bearishness in 2022, it was very near the bottom, and the FTX wipeout only swept the low by 12%. The different backdrop tells me there is a much better chance this could be yet another signal of THE bottom of this cycle. If not, and if everything falls apart and we get a black swan, maybe we sweep $60K by 12%. I like my odds here.


















