JACKIS Profile picture
Nov 1 β€’ 4 tweets β€’ 3 min read
I've been saying this before and I'll say it again, #Bitcoin is trading as a digital commodity πŸ’―

The rules are simple...

If you are bearish on #BTC you are bearish on #Copper. If you see new ATHs for COPPER you are seeing new ATHs for BTC as well 🫑

1/4
#Bitcoin is here to stay, whether you like it or not.

The big difference between the two is the volatility of a new asset. Where one does 100% the other does 1000%. The same goes for HTF pullbacks.
The math is then pretty simple.

We live in a world of unlimited credit/fiat money, where governments/CBs, even if they don't want to, will be forced to "print digitally"

But we also live in a world of limited scarce assets.

Infinite credit will be chasing finite assets.
Your goal then is to find the best assets that will capture this unlimited credit. As always the best answer is diversification.

Taming inflation is a myth. Things going back to normal is a myth

We are in the decade of global financial transformation from credit to commodities

β€’ β€’ β€’

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More from @i_am_jackis

Oct 8
How do you solve the unaffordability of houses for the young ones, when the older ones are using them as a Store of Value to defend themselves against an inflating currency?

You change the Store of Value for the older ones -> #Bitcoin
In the end, you could see countries guiding people to rather store value in #BTC than real estate

It's a far better solution than putting a price cap on it

Then real estate will once again become way more affordable
I can see this shift gradually happening over the course of the next 10-20 years

The value is then being secured by the most powerful, physical (PoW), most robust defense system in the world.

And that is the future
Read 4 tweets
Oct 6
🧡 I had to make this #Bitcoin schematic & small thread to explain why the 30K "floor" = 6K "floor" in terms of psychology

Why we already did undergo the Depressing Capitulation & are possibly Bottom Ranging

You may like it, you may dislike it but... it is what it is πŸ‘ŒπŸ’―

1/7
The major critical part is that after the bull run we experienced the first major drop, which was bigger than -50% to test the first demand zone (OB+), which was followed by a Complacency +100% rally

That 1st drop & OB+ created a floor that in both cases lasted +280 days

2/
It makes sense to see the narrative this way cause psychologically wise in both cycles majority of people got in at the late stage of 2017 & early 2021.

They experienced the first drop and then had to endure a long time "underwater" thinking-hoping it will recover

3/
Read 8 tweets
Oct 3
1) House of the Dragon πŸ₯‡
2) Nothing
3) Rings of Power πŸ˜•
4) πŸ’©
5) πŸ’©
6) πŸ’©
7) Witcher Season 2 😭😭
Let's be honest tho. House of the Dragon most likely surprised most of us.

After the failure of GoT ending, I thought, I'd never return to this world, especially from HBO but they have redeemed themselves and after a long time actually enjoying a TV show again
Rings of Power I'm sort of enjoying if I forget the lore & skip the boredom scenes & stop thinking here & there & just enjoy the world of Arda

Episode 7 was a decent improvement at last but let's be honest... it had the potential to outdo everything but its just ok fantasy show
Read 5 tweets
Aug 24
🧡Thread on the past bear markets and a few thoughts of mine

Each of the past three bear markets was similar yet different in nuances.

All of them took around 9-14 months to form in an apx 75-85% correction

1/8
1) We got a year of sell-off followed by an 8-month long range

2) We got a year of sell-off followed by a parabolic run within, followed by a second shorter bear market

3) We got a quick flash crash followed by a deviation above past wick ATH - followed by a -year of sell-off
What I find interesting is that after the 2017 blow-off top we had a long bear market followed by a mini bull & then a shorter bear market

After the 2021 top, we had it vice versa. Short bear market, followed by a pump & deviation above old ATH, followed by a proper bear market
Read 9 tweets
Aug 6
πŸ“š Weekly INSIDE BAR accumulation 🧡

Whenever you see price trading within the Weekly Capitulation candle & seeing another 5+ weekly candles inside of it, you need to think - ACCUMULATION

Very powerful hidden pattern, not many know about πŸ’―

1/5
2/ Few things that raise the probabilities when trading with the INSIDE bar Weekly Candle.

1) Price not touching the upper boundary before 5 weekly candles appear inside of it

2) Small body candles are a sign of tight range and price accumulation
3/ Although we prefer price trading within the body of the capitulation it is not necessary as long as the price is not closing below the capitulation candle low
Read 5 tweets
Aug 5
#Bitcoin 2019 bottom vs #Bitcoin 2022 bottom πŸ‘€βœοΈ
People telling me I cannot use H8 vs D1 are trying to teach the eagle how to fly, when in reality, they are the mice about to get caught by the eagle πŸ¦…

In these bottom comparisons, I was even using BTC vs BTC, but you can even use different pairs for the fractal purpose.

For another example, I was able to catch the absolute HTF bottom before the biggest move in the ETH/BTC pair in years

Read 4 tweets

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