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𓃓 YearofTheBULL 𓄀 Profile picture
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15 Dec, 5 tweets, 2 min read
Not too long ago, people said that another blow-off top was inevitable for Bitcoin.
Then, people said that because so many people believed it, it was unlikely to happen.
Now, fewer and fewer people believe in a blow-off top.
Based on above logic, this makes a blow-off more likely
@TechDev_52 -- in ref to some comments back and forth we've had lately
Reading some of the responses to this ... Logic might be hard for some of you. Studying it would be valuable for your life.
en.wikipedia.org/wiki/Stoic_log…
꧁༒☬𝓨𝓞𝓤𝓡 𝓞𝓟𝓘𝓝𝓘𝓞𝓝 𝓜𝓐𝓣𝓣𝓔𝓡𝓢 𝓣𝓞 𝓤𝓢☬༒꧂
VOTE - Will #bitcoin see another blow-off top?

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More from @misconfig_exe

𓃓 YearofTheBULL 𓄀 Profile picture
17 Dec
The #BTC 200D MA (200-day moving average of price) is an important level for understanding #Bitcoin.
I think the $BTC 2Y MA and its 5x multiple are more valuable long-term, but mid-term the 200MA is worth paying attention to.
Here's my perspective 👇[THREAD]👇 Image
From #Bitcoin's introduction in 2009 until its first halving, $BTC stayed above the 200D MA period until its first bear market period. The 200D MA served as resistance, but breaking above it led to prices higher than the 200D MA breakdown the previous year, signaling new 🆙trend Image
In the next #Bitcoin era, the first after the halving at the end of 2012, $BTC rose rapidly and parabolically, blowing off early and testing the 200D MA for support to continue the bull run. (cont) Image
Read 23 tweets
𓃓 YearofTheBULL 𓄀 Profile picture
17 Dec
Recent Amazon Web Services issues resulted in outages for food delivery apps, as well as some internet-"enabled"™ vacuums and pet food-dispensers.
This is reminiscent of Cory Doctorow's prescient story "Unauthorized Bread" which explores how the future of internet-of-things may affect society

arstechnica.com/gaming/2020/01…
... her toaster wouldn’t accept her bread. She held the slice in front of it and waited for the screen to show her a thumbs-up emoji, but instead, it showed her the head-scratching face and made a soft brrt. She waved the bread again. Brrt.

“Come on.” Brrt.
[...]
Read 8 tweets
𓃓 YearofTheBULL 𓄀 Profile picture
15 Dec
"lengthening cycles" is a contradiction in terms.
If the peak takes longer to occur then in previous cycles, that does not mean that the cycle is longer.
Just as if the last snow of winter occurs later in the year, that does not make the year longer!
Some people would have you believe that "The first cycle was from 2009 to 2011" (3 years) and "The second cycle was from 2011 to 2013" (4 years) and "The fourth cycle was from 2013 to 2017" (5 years) and therefore this cycle should be longer.
These people are bastardizing the word cycle and they should remove it from their mouth.
Read 5 tweets
𓃓 YearofTheBULL 𓄀 Profile picture
5 Aug
(づ｡◕‿‿◕｡)づ 🌊тнє 5тн ωανє ιѕ ¢σмιηg 🌊
⤷ And the Φ #GoldenRatio Φ plays a key role 👀

The #Bitcoin bull run is missing its 5th wave.
This final push will send #BTC and the $TOTAL #cryptocurrency market into 🚀MANIA🚀 mode.

Zooms and full analysis in following tweets Image
#Bitcoin bull runs are composed of ↝ 5 Waves ↝
➚ Wave 1: finds resistance at 0.618 #GoldenRatio
➘ Wave 2: finds support near #BTC halving
➚ Wave 3: breaches above 2.618 Golden Fib level
➘ Wave 4: finds support at 1.618 #GoldenRatio
➚ Wave 5: tops out multiples above Wave 4 ImageImageImageImage
When you compare these to the psychological stages of a bubble applied to the long-term #Bitcoin chart, you can see that Wave 1

➚ ➘ Waves 1 and 2: Occur during STEALTH Phase
➚ ➘ Waves 3 and 4: Initiate and concludes the AWARENESS Phase
➚ Wave 5: is the MANIA Phase Image
Read 12 tweets
𓃓 YearofTheBULL 𓄀 Profile picture
4 Aug
Are you even ready for something like this? 🤯
#Litecoin #Bitcoin ratio - daily chart.
I've been accumulating down here since late January

$LTC #LTC #LTCBTC #BTC $BTC
#DOGE $DOGE #DOGECOIN #DOGEBTC
Read 5 tweets
𓃓 YearofTheBULL 𓄀 Profile picture
4 Aug
Just found out my #Litecoin #LTCBTC analysis was featured in @CoinChapter - thanks for linking to my tweets!

#LTC $LTC #Bitcoin #BTC #cryptocurrency #cryptonews
coinchapter.com/litecoin-ltc-l…
@CoinChapter
Read 4 tweets

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