Ben Joseph
6.7K posts

Ben Joseph
@hookk
politically creative and creatively political

New from the USD1 airdrop campaign. 🔸 Base APR: 6.99% 🔸 Boosted APR: 8.39% Now’s your chance to earn up to 8.39% (variable) APR on rewards with no individual reward cap! 👉 binance.com/en/support/ann…



This teaser puts March 30 in focus. Direction is anyone’s guess for now, but the date is not random imo (the end of Q1)








I wonder what could go wrong 🤔🫡






Slingshot.


What is so surprising about crypto right now? The S&P barely moved, just 1.3%. The really interesting stuff is still ahead. I can’t say for sure that it will immediately move 10% and that the top is already behind us. The 51–2 count below suggests that the top "might" have been in January, but we need the confirmation. And, please do not forget that a 10% drop for the S&P may result in 30% for BTC; a 5–6% drop could be around 20% for BTC



We should be close to a local bottom and I don't say this often. The only other time I said this during this entire downtrend was in November. "Not necessarily the lowest bottom but a local one at least" This time however I do think we're getting closer to a true bottom. Nothing is off the table however. I am no predictor. I am a confirmer. Bottoms take time to form and unlike what most people think, they don't V-shape recover and go to infinity and beyond in a matter of days. Many will make you believe you need to buy buy buy. Very quickly because you'll be to late tomorrow. I don't and I believe many have started to regret doing that. A true new uptrend won't end after 10%. Don't worry. For now we'll already make a local bottom soon. $74k is another huge demand like $80k was in November. We'll make a local bottom soon regardless whether the market remains bearish or turns bullish again. In both scenarios. The difference is that one of them will be a relief wave and the other the start of an uptrending one. Now ideally for me personally I would like to see the start of some sort of Wyckoff accumulation pattern here. If you're not familiar with those it looks like sideways price with small fake drops in between. But mostly back and forth in a range on a strong higher time frame level. Likely to create plenty of bounces here for now already and move back within the $80k range back and forth soon. When the trend is down I don't like to predict to much and call things to early. But at the very least we'll already locally bounce here very soon.




















