Ok guys i'm back...let's go πŸš€

A little thread on #Bitcoin before some mega content drops later in the week.

As we all know the majority of #cryptocurrency moves in relation to #Bitcoin so important we monitor it.

If you like it please retweet + tag a friend πŸ§΅πŸ‘‡
1/ DEATH CROSS

The short term outlook has looked somewhat bearish with a death cross forming on both the 1HR + 4HR. However momentum on the 1HR looks like it might swing positive again.

So somewhat bearish but not the end of the world.
2/ TAX

Whilst this may seem a little bearish. I am personally not worried. I think people may be selling some #bitcoin & #cryptocurrency in general to pay taxes.

A view shared by the @TheRealPlanC below

2/ MAYER MULTIPLE

If people are selling simply to pay tax, now might be a good time to buy. On the MM we have fallen below 1 again which indicates a buy zone. Personally i have buy orders all the way down to $42k to snap up #bitcoin at cheaper prices.
3/ BUY ORDERS

My reason behind this is because there seems to be a thick wave of buy orders between 43k - 40k. This indicates to me a potential support band, although always be weary whales might be playing mind games.
4/ INSTUTIONS - PT1

Overall volume hasn't reached the levels it was at back in April.

BUT this great post by @WClementeIII digs deeper & shows that bigger orders (possibly institutions) are still buying big. In short - smart money is still buying.

5/ INSTUTIONS - PT2

This correlates with the @coinbase data i shared in my last #Bitcoin thread i wrote. In short whilst retail buying is lower, institutions are still snapping things up.

6/ BTC on EXCHANGES

One thing that does concern me/one to keep an eye on is there has been a relatively small increase in the number of #btc coming back onto exchanges.

Possibly because people are putting #bitcoin back on exchanges to sell for taxes....but who knows?
7/ FIB LEVEL SUPPORT

We can see from @TechDev_52 great FIB chart, that we have bounced off a key level of support. Indicating a possible upward move is around the corner... if we repeat previous cycles

7/ CONCLUSION

-Large buyer orders (ie smart money) are still buying.
-Strong buy order support between 43k-40k
-People may be selling due to tax BUT keep an eye out on BTC on exchanges...don't want upward trend to continue.
-Overall bullish...we are seeing extended cycles imo
8/ OTHER THREADS covering the following, found in link below:

-RESEARCH SMALL CAPS
-RESEARCH TOOLS
-TOKECONOMICS
-MY FAV BITCOIN INDICATORS
-AND MUCH MORE

β€’ β€’ β€’

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More from @Willbrandblock

31 Dec 21
#HappyNewYear2022

In 2021 i was fortunate to make big gains in #Crypto
But wealth is better when shared with loved ones.
So in 2022 lets all make a resolution to get one new person into #crypto

Here is a thread to help πŸ§΅πŸ‘‡

If you like it please retweet+tag a friend
1/ WHAT WE WILL COVER - PT1

I am not a #Bitcoin maxi but to keep things simple i have focused on #btc because...

-Its the first asset most of us learnt about
-Educating about #Bitcoin tends to lead to a broader interest in #crypto
-Its the safest bet long term
2/ WHAT WE WILL COVER - PT2

Specifically this thread will cover:
-Problem #BTC solves
-BTC VS GOLD
-Addressing green energy
-Proving it "doesn't crash"
Read 16 tweets
23 Dec 21
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 πŸ§΅πŸ‘‡

Thanks πŸ™
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 πŸš€
-1 DAY: chart looks like we formed another falling wedge. Huge potential for us to bounce up again πŸš€

Very bullish!
Read 14 tweets
21 Dec 21
I made huge gains this year on #solana, #polygon & $GALA but i always take profits & manage risk.

If you wish you took profits to buy dips on #cryptocurrency this thread will teach you how i did it.

Please Retweet & tag a friend if you found this thread useful πŸ§΅πŸ‘‡
1/ PORTFOLIO - PT 1

I always aim for the following balance in my portfolio:
-Lower risk #Bitcoin = 40%
-Mid-low risk #Ethereum & #Solana = 20%
-Mid-low risk #Polygon = 5%
-High risk number of smaller #altcoins = 15%
2/ PORTFOLIO - PT 2

Some will have a riskier portfolio with larger allocations to #metaverse or #NFT plays.

BUT i will never forget that 90% of #altcoins went to zero last bull run. So i always like to layer into #bitcoin #ETH
Read 16 tweets
15 Dec 21
Done a lot of #threads recently explaining how i got in early & made gains on #solana #polygon & #GalaGames

They seemed to be popular.
What should my next thread be?
Comment below and i'll choose one.

All threads attached below πŸ‘‡
+tag a friend who might find it useful
1/ RESEARCH

How do research #hiddengems and find them before other people.

2/ TOKECONMICS

Understanding #tokeconomics is THE most important factor in evaluating a project. More info here:

Read 5 tweets
14 Dec 21
My biggest gains this year where on $sol #solana $matic #polygon $Gala #galagames

But many people this year will have got #REKT'd on projects like #dogecoin #shiba

Starting out in #crypto is hard.
Here is a simple thread top stop you getting wrecked πŸ§΅πŸ‘‡

RT if you like ☺️
1/ GET RICH QUICK - PT1
You hear stories of people making millions overnight like @ProTheDoge , who bet everything on $DOGE. But 99% of the time its pure luck.
2/ GET RICH QUICK - PT2
New investors are seduced by the #moon potential of smaller projects & invest more than they can afford to lose.

Remember to always only invest what you can lose & take profits when you can!
Read 13 tweets
14 Dec 21
I don't think we are in #bear market.
Here is my daily take on the #btc #bitcoin chart
Thread belowπŸ§΅πŸ‘‡

(adding @MMCrypto thumbnail as it seems to work well at grabbing attention πŸ˜…. Big love MM, big fan!)
#cryptocurrrency #crypto

Pls RT/share if useful
1/ THE 4HR CHART = SHORT TERM🐻

In the short term we will go a bit lower, as the the 50 day moving average continues to move away from the 200. No golden cross is forming (yet).
2/ THE 1HR CHART = 🐻

The 1HR looks pretty bearish too having failed to create a golden cross
Read 9 tweets

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