chips 🍟

@jonycsarker i treat this account as a personal journal of my market thoughts i started it because i was sick of blindly following ppl on ct and getting rekt

lock in

@jonycsarker initially yes i think bulls want to go higher now though

@cryptochipsx what is that mean? Time ticking bomb to crash everything or time to have turbo ballistic run?

⏰

perfect day for the usgovt to move around some of that bitcoin

@CoolWhipy indeed it is i still remain medium and long term bullish tho

@cryptochipsx The thesis might be playing out. 👀 I think it’s highly probable, whole timeline turned mega bull. 😂

Lmao

One last short (Don’t try this at home)

ct is funny only a few days ago everyone was talking about cycle top being in now everyone's bullish again u can imagine that if we get a 5k pullback everyone's gonna be talking about bottoms not being in

@jonycsarker need entry

@cryptochipsx Brother- why pray for breakdown? Let send it up only for next few weeks

now we pray for breakdown

@nickmartin59 thanks

@TraderAG01 hmm which app is showing dnpoc at 98k? neither exocharts nor TV is showing that for me

WEDNESDAY $BTC UPDATE Here is a lower time frame range I am looking at. Basically waiting for a manipulation on either side.

i give it 70/30 the bottom is in 70% in - we hit our target level of 88k - impulsive move off the lows - weekly low of 88.9 put it at a good time (monday) and has low chance of being taken out 30% not in - move largely driven by shorts unwinding - we frontrun alot of bids at 88k (usually a sign it gets revisited) - the low should be hard to buy (this low seemed too easy to bid) - 88.9k is a shallow retracement (would expect lower) some other news-related stuff to consider: - we pumped off the news that trump would make an "executive order" for crypto in his first day in office -- this is vague af - inflation worries/cpi - usgovt still has $6.5bn of btc to liquidate

unless u caught a few select alts like xrp, u will thank me for not top blasting yesterday

@AvaxinSkywalker it should be obvious

@cryptochipsx What about alts?

my take on what happens today no idea how deep the pullback is though

if u ever doubted alt szn, just look at xrp it's coming

@jonycsarker No not bearish Did say in previous tweets I think we bottomed

@cryptochipsx So, long story short it's bearish no matter what going down? But did we consider that matket need priced in for Trump Inauguration and on 17th Jan having him officially announced as first US crypto president

Either we reject here or reject at 99k if I had to guess 99k has a shit ton of asks so makes it logical Keep in mind they could be spoofs too

@LHFVII dont think the inauguration in itself matters just think about it, why would his presidential ceremony make markets pump? what could make markets pump however, are his "executive orders" he said he'd make on day 1 of presidency tho

important to note that CPI is more impt than PPI the forecast is 2.9% yoy, but that is already UP from previous forecast of 2.7% so even if tmr meets expectations as Kalshi mkts suggest, it still means that we inflation to worry about if it meets expectations then it's probably priced in, but it also means we probably aren't gonna go full bull yet so if ur experiencing fomo cos u missed this pump and worried that we'll never hit low 90s again then chill there's still a big hill to climb