bitcoindata21

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In the last 48 hours or so, for every dollar of profit taken on bitcoin, there are 7-8 dollars of loss taken.
Talk about capitulation 🤣
BTC-7.04%
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The perks of being in the right asset class: AI stocks
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The correlation between bitcoin and macro assets is going to cause people to become confused, bewildered, and perplexed.
Shouldn't be any surprise given the popularity of such charts.
BTC-7.04%
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U.S ISM Manufacturing PMI for May at 54, up from 52.7
Keep shorting the market bears. You'll be right some day, or should I say some year...
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Good Afternoon.
The shitposters guide to the TACO trade:
That is all. Goodnight.
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Taking a break to enjoy the summer, and watch England get knocked out on penalties again.
GL to all. See you soon.
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Nobody talks about the Chinese 10 year yield in Bitcoin circles. They should. Go back and look at every major Bitcoin run since inception. Same setup every time.
Chinese 10Y yield finds a floor, starts creeping higher, Bitcoin follows. Every. Single. Cycle. It's not random.
Chinese yields reflating means credit is expanding, risk appetite is coming back, money is moving. That money doesn't stay in bonds. Instead it bleeds into hard assets like Bitcoin.
Right now the Chinese 10 year yield is finding a bottom. When it turns up, so will Bitcoin.
BTC-7.04%
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With U.S manufacturing ISM at 52.7 we can see ETH/BTC once again lining up to pump.
ETH-7.52%
BTC-7.04%
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I'm not trying to be hyperbolic, but I want to put this out there, so I can look back and see if/how it played out.
Aiming for 30-40x from here till cycle end. There is a method behind the madness.
8x: stock price appreciation
1.5x: levered long and short (and puts/calls)
3x: buy low/sell high
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Depression and apathy. Market will keep going up until morale improves. My bags are thankful for people being so negative 🙏
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You will not even read this post.
You will not pass go, and collect £200.
You will like this because it fits your bias.
You will prove my point. Rekt.
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The monthly Supertrend remains undefeated and is still bullish on bitcoin.
BTC-7.04%
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What will be the price of bitcoin in Q4 2026?
BTC-7.04%
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$OTHERS divided by GOLD: breaking out on monthly RSI, which was uber bullish the last few times.
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The ratio of TOTAL3ES (Total crypto market cap exluding btc, eth, stables) to BITCOIN:
On the verge of breaking out of a 5 year downward trend.
BTC-7.04%
ETH-7.52%
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Bitcoin. Keep it simple.
BTC-7.04%
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Small caps vs the S&P500 have already broken out many months ago. This has always been bulish for bitcoin.
BTC-7.04%
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I remember months after the 15k bitcoin lows in 2022, people didn't want to bullieve.
Price went to 25k in early 2023 and retraced to 20k...
- At that time people were coming at me, saying there is no liquidity for the market to go up, and that we had to wait for "QE".
- Some permabear guy named Ben was also telling people to wait for 2024. Legend has it he is still telling people to wait.
- Another by the name of Capo was pushing the idea of 10k very hard. He wasn't the only one.
- At 32k (+100% from the lows) a few months later, there were still calls for it being a relief rally. And that a
BTC-7.04%
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