CryptosRus
@CyrtpoR_Us#Bitcoin #Crypto. I am George, We are all George
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Current structure remind you more of 2016 or 2020? Only answer if you have been here before.
It’s my experience that people are often looking for the crash and crashes do not happen to often.
Stock market crashed in, 2020 -34% 2008 -56% 2000 - 49% 1990 - 20% 1987 - 34% 1980 - 27% 1973 - 48% … and recovered to all time highs each and every time! $SPX $SPY $QQQ
If price had an 85% drawdown from the peak I am still in the money. Are you? #bitcoin #CTM Don’t take risks to try and get there. Trade smart.
It takes work. Sometimes as an investor that means sitting on your hands. It was intentional. I used to envision and dream of being able to withstand a 85% drawdown. It takes work and thoughtfulness.
It’s an S curve. Only model that matters. The Life Cycle Of New Technology. Nice work. Looking forward to it.
Our research team has been internally working on a report including Bitcoin user growth and valuation models. Will be released publically soon. So excited to share this with you guys! :)
If people understood Bitcoin they would never short it. If people understood markets and wanted to accumulate more $btc they would short weak alts while bitcoin was bearish.
I remember laying out the exit with precision sniper accuracy. $61,000 Claiming the top on my TA It was a routine levered exit. I continue to hold spot. I don’t think we’ve seen the top. I am surprised bitcoin is trading so low.
This tweet in no way points toward me calling the top. I don’t think we’ve seen the top. It points toward people who used my TA analysis to take help them to decide to take profits. That is not calling the top. Don’t pretend as if it was.
Do bonds become attractive around these prices or do yields continue squeezing higher?
Definitely 2000 and 2008 crashes are good periods to know what happens if price makes a lower swing low. That leg should be nasty and possibly first of a series.
The failure of equities to hold has exposed risk of severe downside if the low is taken out... 1/
Love this chart. Bitcoin is beautiful.
That chart is so bullish. Who knows would could happen on the downside but that chart is extremely bullish.
I think the cloned trend line touching the low of the covid anomaly is well placed (one touch #ctm!) as really who knows what could happen but I don't think price dropped below the cloned trend line above if it had not been for the dollar liquidity crisis and global lockdowns.
GLOBAL X JOINS THE RACE TO BECOME FIRST AMERICAN BITCOIN ETF cryptosrus.com/global-x-joins…
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