harry
2K posts
@Anbessa100 When you talk about where btc closes do you mean a weekly close above or below the 100ema?
Thank you for the rational insight Lion!
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$BTC Update
As mentioned, bearish S/R flip on lower TF and another test of the lows. ✅
"Now we’re looking at a potential short-term bearish S/R and another test of the lows. We could still see an intra-weekly wick below the 100 EMA, then consolidate above before a bounce."
-> sitting on 100EMA Weekly rn.
Remember, intra-weekly price action below the 100 EMA is possible, what really matters is where BTC closes.
On higher TF, a relief bounce above $100k is still the most likely outcome.
ANBESSA@Anbessa100
For over a year, and mostly 6 months in advance I nailed $BTC price action. This dip is the first one that invalidated more than 20 update threads, meaning the steep rally is postponed. Three rejections in the mid macro range (check the macro thread). And no, I’m not bullposting all the way down getting hectic here, I react to actual price action and real weakness. I was the first to call $123k as a potential cycle top back in Oct ’24, and made the mistake to adjust my outlook. Always improving - next time, perfection. The bounce level I mentioned while I was in Rome would’ve been the key for lower-TF recovery. Now we’re looking at a potential short-term bearish S/R and another test of the lows. We could still see an intra-weekly wick below the 100 EMA, then consolidate above before a bounce. A $92k reclaim is needed for short-term relief toward the ~$110k area. Macro-wise, it’s still a Higher Low though. Let price consolidate and wait for cleaner setup. A real signal. Since BTC price action synced with my plan for such a long time, it’s time to lean forward again and map out scenarios for the coming year. Stay tuned.
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@xueyan94600 @DanielPriestley @AliMilaniUK Sweden is a good exception but in general the Nordic model’s tax structure, labour protections and welfare systems limit that wealth accumulation at the top. Sweden still aggressively redistributes that wealth which is why they have lower inequality
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@harry_desmnd @DanielPriestley @AliMilaniUK Sweden has one of the world's highest proportions of billionaires per capita.
Not the lowest. The highest.
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Okay, now do the amount of wealth the 0.1% have compared to the rest of us.
GB Politics@GBPolitcs
🚨NEW: The top 0.1% of earners are paying more income tax than the entire bottom 50%, shocking data reveals [@thetimes]
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@JBTC1971 @DanielPriestley @AliMilaniUK nothing says compassion like shutting down UK factories to pay people £2 an hour overseas while pocketing billions. Truly philanthropic
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@harry_desmnd @DanielPriestley @AliMilaniUK In this case Dyson is literally giving work to people far worse off than you so you should be for it right?
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@YuriABezmenov @DanielPriestley @AliMilaniUK Yes true but it’s on a very small scale, wealth structure still funnels up sharply. Plus most corporations don’t have big stock options such as Nvidia
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@harry_desmnd @DanielPriestley @AliMilaniUK Actually these big corporations are where you can make the most money and be richly compensated. A significant portion of Nvidias workers became millionaires over the last few years due to the stock issued to them when they were hired going up by leaps and bounds
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@YuriABezmenov @DanielPriestley @AliMilaniUK ..underpaid labour, tax loopholes or squeezing suppliers to maximise profit. So while the system rewards efficiency and ownership, it doesn’t really reward fairness. That’s sort of the whole exploitation part the people creating the value often don’t share much of the reward 2/2
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@YuriABezmenov @DanielPriestley @AliMilaniUK I hear you, a business needs to produce something of value to stay afloat, but I think the issue about billionaires isn’t really that they don’t produce anything it’s more about how that wealth is distributed. A company can make a great product but still rely on.. 1/2
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@YuriABezmenov @DanielPriestley @AliMilaniUK That’s not true, small business owners create value through their own work. Billionaires accumulate wealth mainly by owning and controlling assets that others work to make profitable. Their income grows even when they don’t produce anything new, exactly what causes inequality
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@harry_desmnd @DanielPriestley @AliMilaniUK Billionaires just do what small business people do on a larger scale. If anything the best paid work is in senior or highly skilled roles in large companies owned by billionaires, not SME's owned by middle class or lesser rich people.
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@DanielPriestley @AliMilaniUK ..exploitation, just outsourced. Billionaires can innovate and still rely on exploitative systems 2/2
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@DanielPriestley @AliMilaniUK I think you’re highlighting visible economic contributions whilst ignoring the structural side of how wealth and power is accumulated. Dyson literally moved production to Malaysia to cut labour cost, those savings come from paying workers far less than in the UK. That is.. 1/2
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@Im_Rightest @DanielPriestley @AliMilaniUK Strong labour laws on paper don’t mean they’re enforced or effective. The UK still has one of the highest rates of in-work poverty in the west, people working full time and still can’t afford rent or food. Imagine thinking exploitation disappears just because it’s illegal
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@harry_desmnd @DanielPriestley @AliMilaniUK With the sheer quantity of burdensom labour law in this country, where the hell is the exploitation???
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@harry_desmnd @DanielPriestley @AliMilaniUK Exploitation is a myth perpetrated by the clincally lazy.
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@DanielPriestley @AliMilaniUK Yet they have robust economies. They have an obligation to the welfare of their citizens, there’s not a massive gap between the upper class and working class. I just think this view of the exploitation of labour being net positive is a bit silly just my opinion though (3/3)
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@DanielPriestley @AliMilaniUK somewhere in a stagnant economy which you know. Countries with the lowest inequality gaps and highest standards of living, the obvious examples being the scandinavian social democracies, also coincidentally have some of the lowest number of billionaires in the west (2/3
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@DanielPriestley @AliMilaniUK What sort of comparison is this 😂 the top 0.1% of gym goers don’t need to exploit the bottom 50% to gain their muscle
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@AliMilaniUK 0.1% of the UK population can do more pull-ups than the bottom 50% combined.
Does this mean that the top performing gym goers have done something terrible to the bottom 50% who can’t do any?
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NEW: Uber passenger sentenced to life in prison for executing a mother of four who was begging for her life.
Horrific.
25-year-old Calvin Crew was sentenced to life in prison for taking the life of Uber driver Christina Spicuzza.
Spicuzza’s fiancé unleashed during his impact statement when Crew refused to show up to his own sentencing.
"No reason other than a coward. A coward who couldn’t be here today to face this... Christy was everything for my family. I was lost, out of control. She saw something in me."
In the dashcam footage, Spicuzza could be heard begging for her life as Crew held the gun to her head.
The footage ends when Crew notices the camera.
The mother of four’s body was found two days later in the Pittsburgh area, with a gunshot wound to her head.
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BITCOIN LTF UPDATE ✅
Reclaiming the neckline intraday. Wait for a daily close above and a S/R flip for the next strong bullish confirmation as explained in previous update.
I still remember the sentiment when I called the $75k downside target and it got hit, damn your favorite gurus get away with everything these days.^^
The projection is playing out perfectly so far.
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Never bet against the casino. Two scenarios for $BTC on LTF
1️⃣ Major key level retest around $75-76K – not selling, as I’ve said this would be a major gift
2️⃣ CZ might be right – we see a neckline reclaim from here at $93.8K.
I don’t expect much more downside, if anything, it’ll probably be volatile fast.
Let’s see what happens at the $93.8K neckline retest. Neither of these scenarios is bearish. This is shaping up to be a great year imo. Also my call from $50k dip to $100k then consolidation was nice as well I just don't own Binance u know...
CZ 🔶 BNB@cz_binance
Waiting for the new headline: #Bitcoin "CRASHES" from $101,000 to $85,000. Save the tweet.
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@Amaro_Pargo_ @Anbessa100 Why not just turn on push notifications for his account?
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200/300 average likes to your account of more than 300k followers?
Your shadowbanning since ages ago is, at this point, obvious
i always need to search for you in my feed, never your posts appear in my feed (and i only follow nearly 30 people...)
Anyway, just wanted to say thank you again Lion, it is a shame your views of the market should be searched not given automatically with notifications
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Zooming out on Bitcoin provides more clarity
We've seen so far the reclaim of an ascending range Feb24 and rally to range top. This cycle has yet to see a range breakout like the '13, '17, '20 cycles.
The uptrend remains intact. Ascending trendline support within the range (sync with 1W 50MA). I told you it makes sense to consolidate here. In previous cycles, we didn't consolidate for long before continuation.
This time, it's the second attempt after the double top in 21'. Obviously, the macro is slowing down from cycle to cycle, but price action remains bullish. Todays pa is not surprising at all. Remain calm.
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@Matthew11204997 @omarc0min @RedCardGiven Yeah i mean only duran will know if it was intentional but with his left leg buckling before find it hard to believe, happy xmas to you too pal 👍
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⚫️⚪️ Newcastle 🆚 🔴🔵 Aston Villa
❌Red card should not have been awarded
This is not violent conduct, as the player loses balance and falls onto the opponent. The contact was somewhat inevitable, and stepping on the opponent was not serious and unlikely to cause injury
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Newcastle United@NUFC
Duran is shown a straight red card for stamping on Schär. [1-0] 32'
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@villanK7 @AvfcU @CraigHope_DM Exactly this. Everyone’s saying it looks intentional when watching slow motion videos, at full speed he is literally just stumbling over with no place to put his foot
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@AvfcU @CraigHope_DM Shearer has said harsh at full speed not slow motion where was Duran supposed to put his legs especially as the left one buckles
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PL: "The referee issued a red card to Durán for violent conduct. The VAR checked & confirmed the referee’s call"
Press-room consensus is definite red. Had chance to not land studs on Schar back. Only those who have watched bulk of their football in 70/80s believe it's soft.
Craig Hope@CraigHope_DM
🟥 Duran sent off for Villa. Leaves studs on Schar's back in act of stupidity. Slams water into turf on way off. Only got himself to blame. Was having a poor game.
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