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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

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This day was eventually going to come and they have been panicking about it year after year it's become clockwork

They have been wrong about Mt Gox distros for years

We need to let more information come to surface first

However, I wouldn't be shocked if this report isn't accurate

This now increases the likelihood of 52k bleed

Insiders got wind of this already and dumping their bags

This explains why we have been having super orderly selling

Repost from Watcher Guru
JUST IN: MT. Gox says they'll start $BTC, and Bitcoin Cash repayments in July. @WatcherGuru
JUST IN: MT. Gox says they'll start $BTC, and Bitcoin Cash repayments in July. @WatcherGuru

This is re: total2 and total3

Personally I think it is very dangerous to short while this metric is sideways

When total stablecoin marketcap starts trending down, it confirms a bear market

People are parking in stables waiting for the storm to pass unlike in the bear when people simply cashed out into fiat

I'm also looking at stablecoin marketcaps and it has been just flat the past few months which lines up with the theory that people haven't cashed out from the system faster than stablecoins have been minting

Daily momentum is ripe to flip bullish on any strong move.

Given the time frame I think if we don't get a strong pump this week, we will get the hold 56.5k btc and run gcr low on total3 prophecy fulfilled

Total/m1 money supply chart still consolidating under the horizontal

Rejected

Catalyst for final move?

would set up for a bullish week