DiveInDefi – Telegram
DiveInDefi
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Crypto, economics, TA & shitposting.

All my personal thoughts. I am not a financial advisor and all my posts are no financial advice! Do not take my words for your
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DiveInDefi pinned «Bottom is in»
If anyone is into stocks: Check out $Paypal. Giga alfa call here.

Finally broke falling wedge which has been going on for a year.

Coinbase $Coin is also a great buy here again.
DiveInDefi
Time to get bullish everyone, SPX breaking to new, neverseen, highs!! This should help bring BTC up. LFG
I want to explain why I am so extremely excited right now.

We have broken the ATH of SPX. This makes me extremely bullish on BTC and Crypto.

Why?

BTC and Crypto historically have been (altough BTC is designed for the absolute other way around) a high risk asset.

Traders and investors invest in uncertain times in the most stable and safest assets: I.e. Bonds, big stocks like Apple, Amazon, Microsoft etc.

This is because the downside of those is limited and the probability of them going to 0 (=bancrupt) is very unlikely.

(1/2)
DiveInDefi
I want to explain why I am so extremely excited right now. We have broken the ATH of SPX. This makes me extremely bullish on BTC and Crypto. Why? BTC and Crypto historically have been (altough BTC is designed for the absolute other way around) a high risk…
(2/2) When the times are "certain", meaning there is a lower risk for bigger downside, traders and investors invest into risk assets to make good gains.

This is the reason we have insane bear markets on small stocks and crypto (can go bancrupt, crypto is a scam and a lie etc.)

When SPX and other very important indexes make new highs, the market is confident and money flows into smaller caps. (I have to admit, I was very unsure that SPX breaks this ATH, but as I told you before: If this then that: adapt to the circumstances and be prepared)

Now and SPX showing strength by making a new ATH, this gives confidence to invest into lowcaps/crypto.

With the ETFs (everyone can basically invest in crypto), BTC at a discount (BTC down 15% from last high, 40% from ATH), we have the best circumstances for a giga massive bullrun that will blow your imagination away. It is not time to call 100k BTC, but certainly the next step is a very healthy correction with good potential of the bullrun we have all been waiting for.

Have a happy weekend everyone!
🔥2
DiveInDefi
Going parabolic
Breakout soon on $SAVM
Get ready for a Doge pump guys!
Forwarded from Watcher Guru
JUST IN: X launches new payments account.

@WatcherGuru
Watcher Guru
JUST IN: X launches new payments account. @WatcherGuru
This is also bullish for btc of course and we are about to break up
DiveInDefi
👀
Retest to 0.083~ then 0.088 next
DiveInDefi
You can see the 5 waves everywhere. Like OP, big 5th wave, hitting the current ATH. Altough the 5th wave is usually the last push before a bigger retracement, it does not mean that we cannot go a lot higher in this push. The 5th wave can extend big times.…
Quick $OP update as I tried to catch the bottom the past days and got a bit rekt on it.

I am convinced we bottomed. We broke the downtrends from ATH(the 2cnd line you see is a LTF resistance) and retested in today.
DiveInDefi
Get ready for a Doge pump guys!
$DOGE targets you may ask?
- $0.107
- $0.161
- $0.451
- $0.739
- $???

Let us see how high it can climb this run. Of course, nothing is guaranteed, no financial advice as always.

Good luck to all 🤞
DiveInDefi
Retest to 0.083~ then 0.088 next
0.088 nearly hit. First LTF target
DiveInDefi
0.088 nearly hit. First LTF target
Only $30 but a win is a win
🔥3
https://cointool.app/airdrop/dym

Check eligibility for another 2 hours before it closes.

Shoutout to my man SOM for this nice page to multi check your wallets for airdrops.
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🕵‍♂👀 #GBTC #BTC coindesk: A significant portion of the GBTC outflow is sales of the FTX bankruptcy estate. causing FTX's stake in GBTC to fall to zero.

FTX held 22.3 million GBTC worth $597 million as of October 25, 2023. The value of FTX's GBTC holding has risen to approximately $900 million. at the time of approval of spot BTC-ETFs.

Theoretically, now that FTX has completed the sale of its significant assets, selling pressure may ease.
Crypto News Aggregator by EXCAVO
🕵‍♂👀 #GBTC #BTC coindesk: A significant portion of the GBTC outflow is sales of the FTX bankruptcy estate. causing FTX's stake in GBTC to fall to zero. FTX held 22.3 million GBTC worth $597 million as of October 25, 2023. The value of FTX's GBTC holding…
I was also confused what is going on since several people reported that BlackRocks and other’s ETFs bought more than GBTC had outflows.

But GBTC dumping FTX‘s part should also be a part of this equation?

Not sure what to think right now
DiveInDefi
Bottom is in
Well, I guess I was wrong. We just pierced the bottom by a few dollars.

Not sure what exactly is going on tbh. With other ETFs outbuying GBTC and SPX still above previous ATH, this price action seem right. We need to hold this current range. Which still would be logical to me. If we dump lower, this cannot be only „sell the news“