This is the most $BTC exposure I’ve ever had in my life fwiw hands down. Do I think 41k is possible. Yes. But I think we see 56-58k within 3 weeks. I’m macro bullish. I don’t really see any HTF bearishness here. I’ve also taken some to the bank 🏦
Btc is my safe place in the market
Happy to mostly be in btc while legacy does what it does and just enjoy the week ahead
Also this is really easy to say when your port is at ath’s 🤣
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From a macro PoV this is the prev range highs from Summer and a must hold level on the 1W. Below here I think you can call it a bear market if we start closing back inside that range. 40.7k is a key area on the HTF's
Fill out this google form after and once I get setup I will start giving out some prizes of my own based off the 1m+ I save a year trading on $WOO
Fill out this google form after and once I get setup I will start giving out some prizes of my own based off the 1m+ I save a year trading on $WOO forms.gle/JoK1Z78wSQ5pqR…
I can certainly see the possibility of a HL here too bc it has historical context and importance
It is either here, or 40.6-42k imo to put it in and go for a HH. Either way I still believe new ATH's Q3-Q4
My triggers in pic 2 to close out prev sales
My expectations are a break of 48-50k leads to $BTC outperforming the entire markets, and alts lag
$BTC today could confirm that HL (although shallow)
Closing out my $BTC sells and picking up 5 BTC on the trade. Would have loved lower but my strat has me closing these out and I'll take what I can get.
Will be rotating more into BTC w/ expectation of a 48k break BTC Dom up
This is also how you manage risk and maximize upside and downside. Now If Btc reclaims tge LL I can close out my spot sells in profit with more btc and no Usd loss on the trade. All about probabilities and trying to avoid loss while getting the best bang for your buck
$ETH put in another LH thus far
Break those lows and we get acceleration to the downside imo. That leg should in theory have the most momentum and likely be the bottom. Where I'm looking to bid
So last weekend I had my AHA moment with $SOL and wanted to start getting as much as I could. I even DM'd Sam bc I wanted to start buying without having a large impact on the price on CB and FTX. He offered to twap me in. Price was $44 at the time
I ended up getting very little before price took off lmao. Hours later it was already zooming up before any major actions could be executed and even then there was no sellers. Painful now to say the least.
Cut congrats to those who recognized early. I wouldn't be surprised to see this in the top 5 soon enough. Top tier devs, and emerging use cases. But huge opp miss on my part overall
Will be interesting to see if and how far NFT's correct in the next few weeks. Here's the problem with NFT's and #Alts
Example 1: When things get frothy, hundreds of tokens launch a day. Which spreads out capital as market becomes over-saturated.
Eventually there's no new buyers and profit taking begins, but bc things are so spread out. There's really not much support bc of liquidity + how rapid things went up
Same outcome with the Altseason in NFT's we just had. SHORT TERM. Will be interesting to see how supports build
Essentially we just had 100's of NFT's launching a day. Same thing with DeFi season, alt season, uniswap you name it. The good ones will survive and carry on. This market always gets too over-saturated. I'd like to see flight back to quality across the board. Blue chips