

Anthony Wang
29.5K posts

@wang_1x
CIO, PM @Liquid_Capital_ | NFA











JUST IN: Anthropic advances toward agreement with U.S. to ease restrictions on AI models




The 40 RSI level on HTF has been relevant in a number of markets as a key level at which point we often see market bottoms during secular bull markets. This has been true since inception on Bitcoin. It has been true for the SPX since 1979 with the exception of the crashes of 2000-2008 which were larger degree/secular bear markets. We are once again at this relevant range on RSI for Bitcoin for the 7th time in history. This does not mean that we MUST reverse here- it is just another confluent factor to consider in the broader context of where we are at this time. I've talked about this metric for a long time now, such as the quoted post below on the SPX in 2022 that also marked our bottom. $BTC