satsmojo
4.3K posts

satsmojo
@satsmojo
Markets are unpredictable. Traders are not
Toronto Katılım Mart 2012
341 Takip Edilen1.1K Takipçiler

FTX Customer Distributions Still on Track for 172%
TL/DR: Asset values remain high to pay a capped 172% to >$50k claims, equity still will recover nearly $0.7B from the (always) solvent Debtor.
If you haven't yet, you should also read this 🧵:
Mr. Purple@MrPurple_DJ
BREAKING: 1) what actually happened at FTX. DEBTOR PRODUCED reports show FTX entities in BK as solvent by $4B as of Nov. 30, 2022. 👿's advocate "but but but its all Sam coins" That reduces it by $1.4B to $2.6B. So, sorry Austin, it wasn't "deeply, wildly insolvent."
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$SPX following the projected path that I shared 15 months ago on renko with the #catfam 🎯
Currently in the 6k-6600 zone, showing weakness on the 2W timeframe.
ANY 2M red print on renko = game over. But as you know, losing 6600 on the weekly will do.
Here's the plan:
- SPX topped / topping Q4
- Bear market toward Q4 next year (4800 - 5100 tap)
- Bull market toward EOY 2028 (no new ATH)
- Bear market (mega recession) toward start 2030.
5th wave of this mega cycle soon complete 🤝 make sure to have a plan, join the #catfam 🐈
*on renko charts, the timeline doesn't have a function.
$SPY $NDX $DJI

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@Mr_Derivatives $META is a stock you short here. DCA every green day. In 12-24 months, I’m 99% sure you will be very happy.
Fixed it for you
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$META is a stock you buy here. DCA every red day. In 12-24 months, I’m 99% sure you will be very happy.
#timestamped
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Theres no hope in market recovery until we know this US based institutional seller is out of tokens
Every time US opens we get the endless sells forcing it all down
Seems the entity is stepping on the gas as prices proceed lower, resulting in self-induced panic selling
"They" are deliberately keeping it quiet bcus if we knew post 10/10 how bad the scope was, wed all front-run their sells and thered be no bids to try catch the dips
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Next target in sight 🎯
Pumpcat 🐱📉@pumpc4t
Next #BTC target 👇 $86.5k 🎯 Heavy support there. Expect wicks below 📉
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@PartTimeCharts ty for checking! good work, i feel back then the nasdaq/btc correlation wasn't as common knowledge / acceptance, where as now it's rampantly talked about, and people use it as an excuse to long crypto, which has been unfortunate for many these past few months so far
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This is a good question. April 2021, Bitcoin tops out and crashes 50%. Bitcoins bounces back to put in a double top six months later, but during that time the Nasdaq just steamrolled to new highs. Eventually, everything came crashing down in 2022.
satsmojo@satsmojo
@PartTimeCharts i haven't checked, but is there an instance in history where crypto was done and the nasdaq was not?
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@PartTimeCharts i haven't checked, but is there an instance in history where crypto was done and the nasdaq was not?
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Current #BTC move ain't over until we tap at least $88k.
Most are aiming too high IMO (94-96k).
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