Forwarded from ChateauLatour
DiveInDefi
Can someone explain the use case in simple terms?
Buying you a lambo in 6 months
😁1
DiveInDefi
It feels like the start of the week will be red. I‘d be happy to have this feeling wrong
Bitcoin Cash is 45% up on the daily. That is always a bad sign!
Forwarded from Watcher Guru
This wallet has purchased an average of 100 Bitcoin per day since November 2022.
It now holds 51,164 $BTC worth $3.1 billion.
@WatcherGuru
It now holds 51,164 $BTC worth $3.1 billion.
@WatcherGuru
DiveInDefi
XLM finally moving. Last big resistance before the next move to 0.2
$XLM resistance broken. I am expecting 0.162 to break rather quickly. 0.198 next major resistance.
DiveInDefi
I am happy as everyone should be right now. However, be careful. Hitting 0.786 here. We are still in my "bear case box" which ranges to 60-62k ish. If we break above this, I am more and more bullish. Either way: Alts are still undervalued and today might…
I'd say this BTC bear scenario is invalidated. Next up a potential double top play which I don't think is going to be a thing. Of course, we will not break it on first attempt. I don't think we will double top at 70k tho.
I bought some more mining stocks here.
Altough it makes sense, that now:
- Halving reduces mining fees -> less money for miners
- People bought mining stocks before instead of BTC itself, now they buy ETFs
However, they have well underperformed lately, hence I am doubling down here.
Altough it makes sense, that now:
- Halving reduces mining fees -> less money for miners
- People bought mining stocks before instead of BTC itself, now they buy ETFs
However, they have well underperformed lately, hence I am doubling down here.