Will Poskett Profile picture
Dec 23, 2021 14 tweets 8 min read Read on X
The whole #cryptocurrecy market depends on the performance of #Bitcoin.

BUT there is a lot of noise out there on #cryptotwitter.
Thats why i regularly collate the best indicators & charts out there to give you my take.

Enjoy it? retweet + tag a friend 🧵👇

Thanks 🙏
1/ GOLDEN/DEATH CROSS

Anything less than 1HR on the #bitcoin chart is just noise.

So lets zoom out:

-1HR chart: finally formed a golden cross on the 1HR
-4HR chart: we formed a death cross on 19th Nov but momentum looks like it might be finally swinging positive

Bullish
2/ DAILY & WEEKLY CHART

-1 WEEK: chart looks like we held the 50 DAY SMA, with a green candle close 🚀
-1 DAY: chart looks like we formed another falling wedge. Huge potential for us to bounce up again 🚀

Very bullish!
3/ FIB x LOG CHART

I am even more bullish when also factoring in @TechDev_52 great analysis below

4/ RSI/MOMENTUM

The Relative Strength (RSI) measures how much #bitcoin is overbought/oversold.

Momentum shows price over time & how strong that movement is.

Great chart from @Parabolic_Matt showing similar bullish patterns forming.

Bullish!

tinyurl.com/yc4v9x64
4/ MAYER MULTIPLE

We have risen above 1 again (after dipping below over the last week or so). This means we have shifted from a buy single to a hold single. Bullish
5/ Net Unrealised Profit & Loss (NUPL)

Great analysis from @TheRealPlanC via @glassnode .

Showing how we have reached the same level of support we did prior to previous price run ups.

6/ BUY & SELL ORDERS

There is a thick wave of buy orders set from around 48k to low 40k. This mean is there is a lot of support if we do wick a little a lower. There are also relatively fewer sell orders above us.

FYI i have buy orders going down to 43k just in case

Bullish
7/ SHORTS

Short positions on both #bitcoin & #altcoins have almost fully dissipated.

Bullish.
8/ SMART MONEY

Data from #Coinbase indicates that institutional buyers still outpace retail in 2021. So while retail volume is down, smart money has still been buying.

I see you @saylor 😉

Very bullish.
9/ COMING OFF EXCHANGES

We continue to see more #bitcoin coming off exchanges. With limited supply, it will take a relatively smaller number of buyers to push up prices higher, more quickly.

Simply less supple, requires less demand to increase price.

Bullish.
9/ CONCLUSION
-Hourly, daily & weekly charts looking bullish.
-All On Chain data looking bullish.
-Institutions are buying + there is increasingly less supply....this eventually will move price up.

-IF prices do rise, retail will likely FOMO back in & drive us even higher.
10/ THANKYOU

Takes me a long time to gather all this & write.
So please consider supporting this effort by:

-Retweeting & tagging a friend
-Following the account and clicking the notifications bell (so you never miss a thread!)
For some reason link did post to tweet, but orginal post from @TechDev_52 here:

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More from @willposk

Apr 25, 2022
Many will be down bad in #crypto
Maybe you followed a terrible pick from an #Influencer & it dumped.

If you want to win in #crypto & you need to beat them.
You need to use the tools they do & find the best #HiddenGems first.

Here is a list of 15 essential tools you need 🧵👇
1/ MESSARI

Always try to spot the next big macro trend or 'narrative' in #crypto. Just because #play2earn or #DEFI was hot in the past, doesn't mean it will be in the future.

The thesis by @twobitidiot at @MessariCrypto
is 1 of the best tools 4 this:

messari.io/pdf/messari-re…
2/ #CoinMarketCap

Once you have found a narrative, time to find some great potential projects that could run alongside it.

(Eg if #Defi is coming back, hunt for small-cap Defi projects)

@CoinMarketCap is one of the best tools 4 doing this.

coinmarketcap.com
Read 17 tweets
Apr 23, 2022
$50BN was wiped off the value of @netflix $NFLX this week.
To understand why I'd like to take a different perspective.

I will break down the #brand & #business failings that led to this loss.
In the simple & small thread below 🧵👇
#marketing #brand #Netflix Image
1/ PRODUCT-MARKET FIT pt1

We live in an increasingly impatient world.

We live in a world where we expect everything immediately. We can buy whatever we want, with one click. We can order a taxi, instantly. And stream endless content, whenever we want.
1/ PRODUCT-MARKET FIT pt2

In this increasingly impatient world, $NFLX had a great product-market fit.

-epic amounts of great content.
-content that dropped all at once, no need to wait, just binge it all straightaway.
-no distractions, 100% ad-free.
-very cheap monthly fee.
Read 13 tweets
Feb 21, 2022
An important thing to master in #crypto.
Is understanding Tokeconomics.
It helps you eliminate bad projects fast.
And identify hidden gems 💎

After learning from years of experience in #crypto.
Here is a simple thread that spells out what you need to know🧵👇
1/ WHAT THIS THREAD WILL COVER

-Total circulating supply
-Total market cap & fully diluted market cap
-Token ownership
-Token unlocks
2/ TOTAL CIRCULATING SUPPLY (TCS) (i)

TCS is the max number of tokens that can ever exist for a project.

Think of it like shares issued by a company. The bigger the number, generally the worse it is.

Because each token represents a smaller % ownership of a project.
Read 20 tweets
Feb 18, 2022
There is a lot of uncertainty in the markets right now.
IMO too many are embracing an ‘up only’ mindset.

But I have spent countless hours reading & learning.
To form my own hypothesis.

Here is a thread explaining what I think. 🧵👇
⚠️ many won't like what I have to say.
OVERVIEW

To be clear I am bullish long-term on #bitcoin & the #crypto market in general.

But if you follow me you will know I have been bearish for a while.

And before you scream FUD or attack me.
Just read the thread 👇
1/ BTC + STOCK CORRELATION

- $BTC is more correlated to the NASDAQ & SP500 than ever before.

-This is b/c $BTC is a much larger asset class + the relative increase in institutional investors.

-Once you understand this correlation you can begin to see some warning signs
Read 24 tweets
Feb 14, 2022
Investing in #crypto isn't easy.
Most make big mistakes.
And many lose a lot of money.

I have spent countless hours reading & improving.
And learning from my mistakes.

Here is a simple thread with the 7 key things I have learned & you need to know 🧵👇
#cryptocurrency
1/ RESEARCH (i)
Despite being told to do you’re own research #DYOR most new investors don't! They APE in & let greed/emotions take over.

You NEED to do you’re own research & form you’re own hypothesis.

BTW watching an influencer Youtube video doesn't count.
1/ RESEARCH (ii)

Some of the most important things you need to research on a project are:

-Tokeconomics (market cap, unlocks & allocation)
-Brand story (a project many can get behind)
-Brand experience (is it easy to use + build upon)
-Does it play to a #crypto narrative
Read 22 tweets
Jan 30, 2022
Will #bitcoin nuke & take down the market?
Or will #crypto rise again?

While we wait to find out, let's learn about $FTM #fantom my most requested L1 to research.

If you find this thread useful please retweet, share, and tag a friend 🧵👇
#cryptocurrecy #Fantom
1/ WHAT WE COVER
I will apply my strategy that helped me make big gains in 2021 to analyze $FTM (if you want to know more about this, see link below)

My strategy covers:

-Catalyst
-Cultural narrative
-Brand
-Tokeconomics
-Dangers

getrevue.co/profile/brands…
2/ CATALYST - 1

$ETH is struggling with high fees & slow speeds. And while there have been high hopes for $MATIC & other L2s...they are still not as cheap as $SOL
Read 19 tweets

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