RawlalGaib

gm fam, another day another dollar. The correction I’ve been expecting since last month saying that Bitcoin could put in a small local top around May 10th–15th and correct into the end of May, or worst case early June is playing out perfectly. And now as we approach the end of that timeline all eyes are on the volatility. We already saw some of it yesterday on LTF to the upside, now to the downside, then back to the upside again, and so on to form that LTF bottom before another breakout attempt to the upside afterward mby even kicking that summer rally i am expecting, at the same time the IWM

Being in this investment space has made me a very emotionless person not only in the markets when prices go up or down, but also in real life around family and friends. I feel like I’m missing that spark of joy because you start seeing things differently once you’ve been through investing compared to others who haven’t ridden this emotional rollercoaster.
Up until today, apparently, I just found out that the girl I was with for several years has been talking to some other dude, and I kind of feel the same type of emotional disappointment I felt when I first started trading and investing, when

Everyone is watching USDT.D forming a bull flag, and recently we broke through some LTF EMAs which would supposedly be even more bullish, however it’s not building momentum, which means that this pattern can be invalidated at any time and break down

Heading to sleep, if the world ends this weekend don't bother waking me up, seen enough posts about why everything is supposed to go to 0

Also I don’t know if many people have realized this over time, but typically on weekly and monthly closes, when we’re in a downtrend, bulls fight for a strong close that eventually turns into a fakeout above a key level before price continues lower.
Right now though, what I’m seeing is that we’re getting close to the end of the month and the ones trying to secure a good close under 75/74k are the bears not the bulls. Which means bears will end up getting the fakeout this time because we’re actually in an uptrend.

The more the world spins, the more gambling-friendly it becomes. You know how every market has its moment in the spotlight before reaching maturity? first stocks went parabolic, no matter the utility every penny stock had its run until maturity and regulation kicked in. Then it became harder and harder for indie developers to succeed on their own, so they had to find jobs at the companies that had already made it.
Now the same thing is happening with crypto. Altcoins had their moment of shine for a few cycles, but with increasing regulation it’s getting harder. Only a handful will remain relev

Sell in May and go away it's like a Thursday in an uptrend

Let me explain finance in simple words: new money pays old money, then new money gets angry that they’re not getting paid out. Old money becomes angry that new money is angry. New money starts investigating, old money starts deleting clues, new money starts suing old money, old money starts having problems with the law, new money comes out on top, old money dies. cycle repeats.

Weekly 55 EMA

Late Cycle Environment

I remember a few months ago explaining to a group of people why the market structure law won’t happen at the absolute lows. This kind of news typically comes when the market starts to look healthy again, giving new investors the courage to buy assets without fearing that crypto is a complete scam like before.
This law is quite a big deal because the structure of altcoins will change as returns become more consistent and less manipulative by MMs and Exchanges, this won’t just apply to BTC and ETH, but also to a few select altcoins that remain relevant and help redefine the future of the world.

How's everyone doing? :P

interesting week ahead