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Crypto Caesar Profile picture
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Jun 25 • 4 tweets • 2 min read
1/4
 #Bitcoin Bottoms

Those telling you they will gauge the bottom perfectly are talking absolute nonsense. If they do get it correct it’s likely luck nothing else.

In 2018 I bought a significant amount of #Bitcoin at 6k thinking that was maybe the bottom.

Cont..
2/4
I was wrong as #Bitcoin then went to 3k where I used the last of my dry powder to increase my position size & a DCA of approximately 4.6k per #BTC

Everyone was calling 1k #BTC at this point and not willing to release capital into the market (Tone Vayes included)
3/4
At the time did I feel the pain? Absolutely. Did I gauge the bottom perfectly? Absolutely not.

Looking back was that a good trade? Absolutely yes. Did all the idiots calling 1k get filled? Nope. Did they all buy back at 10k? Probably.
4/4
✔️Never deploy all your capital in one go always ladder.
✔️ Wait for extreme pain and buy the blood even if it’s your own.
✔️Accept you will never be able to gauge the bottom perfectly.
✔️Don’t listen to plebs telling you they will be able to gauge the bottom perfectly.

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More from @crypto_caesar1

Crypto Caesar Profile picture
Mar 17
Thread 🧵 on keeping your #Bitcoin and crypto wealth safe:

Wallets

1. Always invest in buying a hard wallet (Ledger, Trezor).

2. If you can’t afford a hard wallet use a good free wallet @exodus_io or trust wallet.
3. Take a note of your keys & copy them using a photo copier (don’t take a pic).

4. Keep them in different secret locations in fire resistant containers.

5. Seed two hard wallets together. This way you know you have written down your private keys correct & you have a backup.
Exchange

6. Always use maximum security. At the very least make sure you:

(a) enable 2FA (GA).
(b) enable email log in codes.
(c) enable email withdrawal codes.(d) enable whitelist addresses.
Read 6 tweets
Crypto Caesar Profile picture
Dec 17, 2021
1/6 🧵 Here are some compelling reasons around market behaviour that suggest the #Bitcoin top is NOT in.

Remember, markets are heavily influenced by the behaviour of their participants. This rarely changes. Cont…
2/6 Firstly, there has been no ‘classic’ blow off top.

Every #Bitcoin bull market in history ended with maximum greed resulting in a mass euphoria or a‘blow off top’.

See chart below where #BTC in 2017 gained 254% in a month before starting its decent to capitulation. Image
3/6The state of ‘euphoria’ in #Bitcoin markets has always marked the top in every bull market since inception. According to NUPL we have not reached thus phase. Although we came close at 54K (clearly that wasn’t the top). In fact we were nowhere near ‘euphoria’ at 69k. Image
Read 6 tweets
Crypto Caesar Profile picture
Nov 27, 2021
Could #Bitcoin top at 142k?🧵

1/7 As you all know myself and the traders in my group live and breath the #Bitcoin cycle.
Understanding the cycle properly enables you to take data points from the past and use them as clues to what may happen in the future. Here is what I found..
2/7 If you run a trend based Fibonacci extension from the bottom of the impulse, to the top of the impulse then to the bottom (a correct measurement of trend) the 0.786 extension has always marked the future top in every #Bitcoin cycle (except the first obviously,see chart below)
3/7 This is significant and cannot be ignored. If the 0.786 extension is correct again (noting it’s never been incorrect in the past) then the top ‘could’ approximately be 142k (see charts below).
Read 7 tweets
Crypto Caesar Profile picture
Nov 21, 2021
🧵#Bitcoin THREAD🧵

1/4 59/60k #Bitcoin  could be the floor (or bottom) in the next bear market.

Therefore, buying #BTC  here could be akin to buying #BTC  at 3.6k in 2017 or about $200 in 2015.

Here’s why…
2/4 The Fibonacci extension 1.618 from the previous cycle high has always historically marked the bottom in the next cycle.

The yellow horizontals show each 1.618 extension from previous cycle marking the bottom in the next (see log chart on log fibs below).
3/4 The significance of this cannot be ignored. The golden ratio or 1.618 is an important number in maths, nature etc (see below) and #Bitcoin (which is based on mathematics) always respects this level as a bottom or basic area of accumulation in the bear market.
Read 4 tweets
Crypto Caesar Profile picture
Sep 5, 2021
1/4 As soon as #Bitcoin finds support at the 50/51k region the bulls will begin their attack at 58k which is the next significant level to breach.
2/4Once 58k is breached 64k will come quick as there is little to no resistance up there. I suspect to see some alts bleed once #BTC breaks 64k (those with large USD pairs will likely not).
3/4 Once we break 64k the next target for the bulls is likely to be 74k (see Fibonacci extension). There could be some rotation into alts at this point before #BTC makes its next move higher.
Read 4 tweets
Crypto Caesar Profile picture
Jun 26, 2021
1/7 If you believe the cycle isn’t over then the next convincing move MUST come from #Bitcoin. Alts will not rally until #Bitcoin shows strength. Some (with large #USDTether pairings) might see some relief within the #Bitcoin mid-range (between 42-50k).
2/7 However, IMO the altcoins in general won’t rally until #Bitcoin has finished its next big move to the upside printing a new ATH and cooling off. In fact most mid/small caps will probably bleed heavily as #Bitcoin makes a strong move to the upside.
3/7This is due to the small/mid caps having no liquidity in #USDTether but most liquidity in Satoshi value which will be snatched away by traders to jump on the #Bitcoin rally.
Read 7 tweets

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