Baloo
452 posts
When the dollar and gold are correlating... That is danger
Watch some principles of fundamental Analysis
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@cryptofergani Yeah yeah your prediction was wrong and now everything is manipulated 😢🤣
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Everything is manipulated…
Bitcoin, Gold, Silver, Crypto, Stocks, Oil, Fiat.
WTF are we even supposed to buy?
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Holding above 8-year support trendline.
Retest of previous ATH.
This smells like a $BTC bottom to me.
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Bitcoin has an identical market structure to the 2022 bear market bottom I called at $15,000
Strap in.
Crypto Michael@MichaelXBT
#Bitcoin has bottomed here at $15.4k
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@Sykodelic_ 50%-50% chance may we have one drop may not…buy now and buy more if drop simple
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It's pretty baffling to me.
How so many people are expecting Bitcoin to just keep pushing lower.
Bitcoin dropped to $60,000, below its previous ATH.
The only other time it did this was in 2022, when it dropped to $15,000, which was 20% below the $20,000 ATH.
But in 2021 Bitcoin pushed 3.5x above its previous ATH.
In this cycle, we only pushed 0.7x above previous ATH.
If we dropped to under $50k, that would be 30%+ below the 2021 ATH.
So what you are expecting is the largest drop ever below a previous ATH, after the weakest price push ever?
All at the same time as the Business cycle has started expanding again?
It's not gonna happen.
And this all comes from the fact that everyone is expecting the 4 year cycle to play out, because they cannot see beyond it.
Many, many will be trapped.
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People across Europe have started stamping euro coins with Bitcoin marks 🔥
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@MerlijnTrader You stole my chart and just changed the colours.
What is it with you EVERYTHING IN CAPITAL LETTERS guys and stealing content?
Sad.
x.com/Sykodelic_/sta…
Sykodelic 🔪@Sykodelic_
Literally no one expects something like this. Crypto holders have been so battered that they simply cannot entertain a situation like this unfolding. The thought of Bitcoin going up 10% is too much to handle at the moment, let alone reaching a peak of $250k. But the fact is that this projection has a lot of weight. This is sound TA based on the logarithmic chart, with key levels all being respected throughout. It is not a coincidence. We can see that previous cycles have had a very similar pattern of: - Top - Bottom - Mid cycle top - Mid cycle bottom Then onto the overall top again. The fact is that this cycle has simply been drawn out longer due to the extended period of contraction in the business cycle... Which was caused by the largest money printing operation ever during COVID. The larger the expansion, the longer the contraction. But that has ended now, and we have had our: - Bottom - Mid cycle top - Mid cycle bottom And next is out full top. I have said for years that I see the cycle top at $150k - $210k... but $250k is not out of the question. Many will laugh at this, but they would have laughed at people predicting $60k when the price was at $3k. Some people will never see it, and that's fine. I'm not here to convince anyone.
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BITCOIN IS AT THE MID CYCLE BOTTOM.
THE PMI JUST CONFIRMED IT.
2020: PMI crossed 50.
BTC was sitting at the mid-cycle bottom.
What followed: a 1800% rally to the cycle peak.
Same signal. Right now.
Hold $65K: the final expansion begins.
Lose it: one more retest first.
The macro just gave the green light.
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Resistance faced, now trying again to flip this key zone which is up to around $73.6k..
Flipping this zone would potentially take us to $80k first and then $90k is what I would be eying..
No break as of yet so we will watch this resistance zone carefully..
Oz@AskCryptoWealth
$BTC facing resistance here.. Flipping this area will open up a push to around $80k..
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The Big Banana is forming a Little Banana -- and it indicates there is about to be a Banana Split $BTC🍓🍌🍨🫕
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Are we living in a simulation?
ALTCOINS vs BITCOIN is copying the exact structure that happened right before the last parabolic move.
The next few months could be insane 🚀
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@MrBeast You won’t find a forest big enough bro.
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@Cardano_CF @DFX_swiss @BrickTowers How about focusing more on the Cardano ecosystem? (particularly stablecoin liquidity & CNTs)
As a L1 token, ADA isn’t really suited for payments. Its value comes from ON-CHAIN activity.
Most shops and merchants dump crypto for fiat immediately anyway 🤷♂️
GIF
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You can now pay with $ADA at 137 SPAR stores across Switzerland.
In partnership with @DFX_swiss and @BrickTowers, we are helping bring blockchain into everyday commerce through real-time, low-cost retail payments.
Read the full press release: cardanofoundation.org/blog/ada-accep…
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