Moonbags Markets
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This channel is for my own personal thoughts only. Not financial advice. I take no responsibility for anyone's losses or gains. This channel will be forever free and I take no donations. Thank you. https://twitter.com/lordmoonbags
إظهار المزيد1 397
المشتركون
+124 ساعات
-67 أيام
-2030 أيام
أرشيف المشاركات
1 397
Unfortunately, if you you thought I was here to deliver good news, you are mistaken.
If we were to continue following the 2016 fractal, we are about to completely round trip this entire leg up lol.
1 397
BTC closed above 48316 which has flipped the weekly bullish and has invalidated my previous bearish thesis
Looking back at the time in which I had my previous thesis, I believe I simply didn't give enough time for the 2016 fractal to play out. Now it is actually looking like the 2016 fractal is still on the table.
I was wrong in being impatient, the market continues to teach me every single day. I am not afraid to admit this.
However, to my luck, I bought back a bunch that I sold in the ETF sell the news period due to the fact that daily momentum was beginning to flip back bullish, around the time I made my bearish thesis call. I had expected just a bounce but clearly it has gone above previous highs.
With the weekly flipping bullish, one might expect we are gonna pump to the moon next.
1 397
Price above 46k, close around these levels on Sunday throws the bearish thesis out of the water.
As said before, last 2 times the weekly flipped bullish like this were in April 2016 and October 2020
Hopium has arrived
1 397
Repost from Watcher Guru
JUST IN: BlackRock & Fidelity now hold 151,950 $BTC worth over $7.16 billion for their spot Bitcoin ETFs.
@WatcherGuru
1 397
New moon begins tomorrow
Daily momentum still good but ripe for a reversal
Will just leave this here, no calls, will see how this week closes
1 397
Repost from unfolded.
Progress until next Bitcoin halving:
▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓░ 95% ~ 73 days left
