$ETH is going to be my main play this cycle. Been accumulating on dips, and slowly converting most of my $BTC.

This is my thesis 🧵 ETH's smaller MCap causes it to outperform in uptrends, and get rekt vs BTC in downtrends. My thesis is that we have already seen the bottom.

This means that the RR presented by a higher Beta asset is skewed significantly to the reward side.

Perseverance pays off.

After several months work, the TCP Swing Algo is almost™ complete.

It outperforms buy & hold by a significant margin running on spot (so no margin risk).

Here's performance on $BTC (This is v3.5. v4.0 code will reduce drawdown, ETA this week). Whilst working on this I began discussions with @khingoei, founder and CEO of Captur, which is a platform that would allow the public to follow my algo's trades automagically, whilst leveraging my returns from it without me using actual leverage (I'd get paid a % of profits).

Looking at $ETH this morning.

We're looking good with a reclaim of the daily Tenkan. This is currently being retested on the lower timeframes.

Lagging span very close to entering price, indicating resistance. On the 12H, we broke out of the cloud (after a textbook double bottom). This trumps the bearish TK cross as a signal.

Ideally we'll retest the cloud span and continue upwards to confirm range breakout.

There's a 99% chance that CT is about to get spammed with Wyckoff distribution pattern forecasts such as this in the coming days.

Are are we at a #Bitcoin macro top?

A🧵 We can expect our favourite meth-fuelled YT analyst to terrorise newbies with 20K calls, and predictions of impending doom and destruction.

Let's look under the hood to try see where $BTC is likely to head & see if we're really peaking.

Met lots of great CT peeps here over the past week. It's always fantastic to see people dedicated to improving themselves & the world through crypto.

That said, I'm probably 10-15 yrs older than most of you, so here's some advice that I wish someone told me in my 20s. Being hungry in your 20's & 30's is essential, at this age you're gonna want all the things.

Later in life you'll learn that wealth is derived from what we don't need, not what we have.

Don't base your personality on your possessions.

⚗️ Here's a thought experiment that might save your portfolio.

Don't skim it, invest some actual mental bandwidth here. Your grandkids will thank you for it.

Context: Let's assume that #Bitcoin is guaranteed to break the critical support at $29.5.

1/n You're sitting staring at the screen, watching the hugest, reddest dildo since the Elon Tweet rip down through the chart as your portfolio value begins to tumble like a NYE countdown screen.

No lies, you're shitting yourself & debating whether you should sell, or hodl.

Some inside info on FUD & fucking with markets by someone who's had blood on their hands (many times) before.

This is going to be decently detailed, so sit down & take your time.

I'll also add some proof as I dig through some old drives (without doxing any clients obvs).

1/n 1st a quick intro. Prior to my move to crypto I was a Sr. exec in the dominant company in one of the most competitive sectors out there. My P&L alone was larger than that of some small nation states. We were also highly regulated with over 125 licences in ~100 jurisdictions.