Trade active
💡DCA BTC For The Long-Term Here
Check The Technicals Compared To June
It's Internally Stronger Than It Appears
BTC/USD
BTC/JPY
BTC/AUD
BTC Total Market Cap USD
Note
🎎Trade active
💹BTC/USD Market Cap
-Downward Momentum Peaked
15th June 2022
-Subsequent Lows Having
Less Aka Divergent
Downward Momentum Indicated
-Wavetrend Touching Outer
Range & Diverging
Probable Fakedown Lows
Here
DCA A OKAY
For Long-Term
Retirement One Day
🍸
Note
🎴Bonus
Dialling In 555
Total Crypto Cap
Priced In JPY
Still Above 101
Trillion Yen June
Low
🏯
Trade active
🎟Keep Swapping Those Cash Stacks💸💷💳
For Them Sats Stacks 🌐🅱💰
Dollar Cost Like A Boss 🐂
🏫
BTC/USD🏈
BTC/JPY🉐
BTC/AUD🐨
BTC Market Cap🎓
☮
Note
🎴Re-Dialling 555
BTC In Yen
Has Already Hit
A New All-time
High🏮
BTC/JPY
🎌
🎋
Trade closed: target reached
If You're Reading This..I Think It's Time To Sell
All Of It
That is all
Note
1.618🌌
Note
Note
A week has since past And I only feel more certain this is indeed the..
All Time Top for Bitcoin
It is no coincidence that the accompanying chart is
Triple Topping at 161.8 Trillon Level
An iteration of The Golden Ratio: Phi
1.618
Okay, so what is this chart
The Ticker you type into Tv
Is BTC/USDOLLAR
Consider it Bitcoin's Total Market Cap Denominated In
A Basket of Currencies, those being the
USD, AUD, EUR, GBP & JPY
You should try Denominating
All Charts against the /USDOLLAR
You might be surprised by results
CRYPTOCAP:BTC/FX:USDOLLAR
3 Days Per Candle
🧙🏻♂️
Note
BTC has recently made new nominal ATH's priced in USD.And yet, Bitcoin has yet to make new all time highs against
Gold, Silver, EUR, GBP, JPY, CHF, AUD and so forth..
Nor have shares in MSTR made a new ATH.
This is called Divergence
Divergence is a very powerful market signal.
You can confirm the factuality of the above for yourself.
Now Let's think about what a new ATH high (In USD only) has accomplished :
Major Headlines, Reddit cheerleading, Prideful You-tube videos,
A Dangerous sense of security that further highs are all but assured.
BTC has it's problems
And They're Serious
Bitcoin is at risk of being completely captured, being censored and spammed.
Mining is unprofitable due to low transaction fees, is heavily centralised and has perverse incentives to spam the blockchain.
The 21 million supply cap is potentially at risk due to Centralisation
Michael Saylor discourages BTC being used as a medium of exchange, as does the "HODL" mentality.
Saylor has also created an enormous honeypot (MSTR), publicly mapping out under
what conditions the market could smash it open.
Bitcoin has lost it's way
When observing the following charts
Keep the concept of Divergence in mind
BTC/GOLD
BTC/SILVER
BTC/USDOLLAR
MSTR
📜
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.